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Southeast Montana News

Wednesday, November 13, 2024

Cost of college went up for all students at Rocky Mountain College

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Tuition 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$28,57211%

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 grants9438%$488,666$5,199
State / local grant or scholarship00%$0-
Institutional grants or scholarships24599%$4,519,483$18,447
Grant or scholarship aid total24599%$5,008,149$20,441
Federal student loans17671%$953,743$5,419
Other student loans2711%$454,954$16,850
Student loan aid17772%$1,408,697$7,959
Total student aid247100%--

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