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Southeast Montana News

Monday, December 23, 2024

BIG SKY COIL, LLC: Cost of college went up for all students at Rocky Mountain College

College

Big sky coil,llc issued the following announcement on Oct.9.

uition and fees rose 3.6 percent for 2018-19 at Rocky Mountain College, according to recent data from the U.S. Department of Education.

Montana students paid $28,572 to attend the four-year private not-for-profit institution this year – $1,006 more than the $27,566 charged for 2017-18.

Data shows 100 percent of full-time undergraduates who started school in 2015-16 received student financial aid in some form. In all, 245 students received grants or scholarships totaling $5 million and 177 students took out student loans totaling more than $1.4 million.

Including all undergraduates (997), 855 students used grants or scholarships totaling $17 million, and 592 students took out $3.9 million in federal student loans.

The cost of attending

Enrollment2015-162016-172017-182018-19Change in tuition and fees 2015-16 to 2018-19

In-state

~518

$25,742

$26,666

$27,566

$28,572

11%

Undergraduate financial aid

The following data includes only full-time students who began an undergraduate program at Rocky Mountain College in 2015-16.Type of AidNumber of students receiving aidPercent receiving aidTotal amount of aid receivedAverage amount of aid per student

Federal grants

94

38%

$488,666

$5,199

State / local grant or scholarship

0

0%

$0

-

Institutional grants or scholarships

245

99%

$4,519,483

$18,447

Grant or scholarship aid total

245

99%

$5,008,149

$20,441

Federal student loans

176

71%

$953,743

$5,419

Other student loans

27

11%

$454,954

$16,850

Student loan aid

177

72%

$1,408,697

$7,959

Total student aid

247

100%

Original source here.

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