Tuition for Montana residents attending Montana State University rose by 2.6% for the 2022-23 school year, as revealed in the most recent report, according to the latest disclosure from the National Center for Education Statistics.
Montana residents paid $7,727 to attend the public four-year university this year, an increase of $199 from the $7,528 charged during the 2021-22 academic year.
Non-resident students faced tuition costs 283.1% higher than those for residents in the 2022-23 school year, amounting to $29,604. This figure represents a 4.7% increase from $28,264 in the previous year.
Approximately 35% of the undergraduate student body at Montana State University are Montana residents, while the remaining 65% come from other states.
Data indicates that 91% of full-time undergraduates who enrolled in 2022-23 received some form of financial aid. A total of 2,785 students were awarded grants or scholarships amounting to $27.8 million, and 1,273 students secured student loans exceeding $12.1 million.
Across the entire undergraduate population, 9,622 students benefited from grants or scholarships totaling $78.9 million. Additionally, 4,745 students obtained federal student loans amounting to $29.4 million.
Undergraduate education costs have seen a significant increase over the past few decades. Data shows a 169% rise in the average total cost, including tuition, fees, room, and board, between 1980 and 2020.
According to a 2023 College Board report, in-state students at public universities paid an average of $11,260, while out-of-state students paid $29,150 in the 2023-24 academic year.
Meanwhile, student loan debt has steadily increased over the last 30 years, reaching $1.75 trillion in 2024, averaging a total of $28,950 per borrower. Federal loans make up 92% of the debt, with over half of students at both public and private four-year colleges graduating with student loans.
Available data sometimes exceeds 100% due to rounding and administrative calculations.
The following data includes only full-time students who began an undergraduate program at the Montana State University in the 2022-23 school year.
| Type of Aid | Number of students awarded aid | Percent awarded aid | Total amount of aid awarded | Average amount of aid per student |
|---|---|---|---|---|
| Federal grants | 702 | 22% | $3.5 million | $5,036 |
| State / local grant or scholarship | 280 | 9% | $276,000 | $986 |
| Institutional grants or scholarships | 2,527 | 78% | $23.9 million | $9,477 |
| Grant or scholarship aid total | 2,785 | 85% | $27.8 million | $9,967 |
| Federal student loans | 1,229 | 38% | $6.3 million | $5,155 |
| Other student loans | 274 | 8% | $5.8 million | $21,063 |
| Student loan aid | 1,273 | 39% | $12.1 million | $9,510 |
| Total student aid | 2,960 | 91% | $39.9 million | $13,467 |
Information in this story was obtained from the National Center for Education Statistics. The source data can be found here.
