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Sunday, December 22, 2024

Cost of college went up for all students at Montana State University-Billings

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In-state tuition and fees rose 1.6 percent for 2018-19 at Montana State University-Billings, according to recent data from the U.S. Department of Education.

Montana residents paid $5,928 to attend the four-year public institution this year – $95 more than the $5,833 charged for 2017-18.

Non-residents paid 224.7 percent more than residents this year, or $19,246. Their price tag grew 2.8 percent from $18,723 in 2017-18.

About 90 percent of the school's undergraduate population are Montana residents. About 9 percent are residents of other states and 1 percent are citizens of other countries.

Data shows 87 percent of full-time undergraduates who started school in 2015-16 received student financial aid in some form. In all, 400 students received grants or scholarships totaling $2.1 million and 273 students took out student loans totaling more than $1.5 million.

Including all undergraduates (4,315), 1,905 students used grants or scholarships totaling $8.6 million, and 1,661 students took out $10.9 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~3,884$5,808$5,826$5,833$5,9282.1%
Out-of-state~388$17,842$18,216$18,723$19,2467.9%

Undergraduate financial aid
The following data includes only full-time students who began an undergraduate program at Montana State University-Billings in 2015-16.
Type of AidNumber of students receiving aidPercent receiving aidTotal amount of aid receivedAverage amount of aid per student
Federal grants21339%$987,286$4,635
State / local grant or scholarship275%$114,753$4,250
Institutional grants or scholarships28753%$993,259$3,461
Grant or scholarship aid total40074%$2,095,298$5,238
Federal student loans27250%$1,418,233$5,214
Other student loans81%$66,371$8,296
Student loan aid27350%$1,484,604$5,438
Total student aid47387%--

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