Montana State University

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2022 Undergraduate Tuition
$5,824
3.01% growth from 2021
2022 Average Net Price
$17,250
After Financial Aid
2019 Default Rate
1.2%
on Student Loans
2022 Acceptance Rate
73.3%
28,794 Applicants
2022 Enrolled Students
16,681
78.9% Full-Time
2022 Graduation Rate
56.7%
1,619 Graduates

About

Montana State University is a higher education institution located in Gallatin County, MT. In 2022, the most popular Bachelors Degree concentrations at Montana State University were General Business (292 degrees awarded), Registered Nursing (261 degrees), and Mechanical Engineering (179 degrees).

In 2022, 3,536 degrees were awarded across all undergraduate and graduate programs at Montana State University. 52.9% of these degrees were awarded to women, and 47.1% awarded men. The most common race/ethnicity group of degree recipients was white (2,992 degrees), 19.6 times more than then the next closest race/ethnicity group, hispanic or latino (153 degrees).

The median undergraduate tuition at Montana State University is $5,824, which is $−24,326 less than the national average for Doctoral Universities ($30,150).

Costs

In 2022, the median undergraduate tuition at Montana State University is $5,824, which is $−24,326 less than the national average for Doctoral Universities ($30,150).

After taking grants and loans into account, the average net price for students is $17,250.

In 2022, 99% of undergraduate students attending Montana State University received financial aid through grants. Comparatively, 32% of undergraduate students received financial aid through loans.

Tuition Costs

$5,824
2022 Undergraduate Tuition

In 2022, the cost of tuition at Montana State University was $5,824. The cost of tuition at Montana State University is $−24,326 less than than the overall (public and private) national average for Doctoral Universities ($30,150).

This chart compares the tuition costs of Montana State University (in red) with those of other similar universities.

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Average Net Price

$17,250
2022 Value
3.2%
1 Year Growth

In 2022 Montana State University had an average net price — the price paid after factoring in grants and loans — of $17,250. Between 2021 and 2022, the average net price of Montana State University grew by 3.2%.

This chart compares the average net price of Montana State University (in red) with that of other similar universities.

Average net price is calculated from full-time beginning undergraduate students who were awarded a grant or scholarship from federal, state or local governments, or the institution.

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Other Student Expenses

$10,400
Room and Board
$1,450
Books and Supplies

The average yearly cost of room and board at Montana State University was of $10,400 in 2022. The cost of room and board did not change between 2021 and 2022.

During the same period, the average yearly cost of books and supplies was $1,450. The cost of books and supplies did not change during the same period.

This chart compares the average student costs at Montana State University (in red) with that of similar universities.

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Financial Aid by Income Level

99%
Undergraduates Receiving Financial Aid through Grants
32%
Undergraduates Receiving Financial Aid through Loans

99% of undergraduate students at Montana State University received financial aid through grants or loans in 2022. This represents a growth of 43.5% with respect to 2021, when 69% of undergraduate students received financial aid.

This chart compares the average award discount at Montana State University (in red) with that of other similar universities.

The average award discount is the ratio between the average grant or scholarship value, and the cost, which is the sum of out-of-state tuition, room, board, book, supplies, and other expenses.

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Student Loan Default Rate

Cohort default rates only account for borrowers who default in the first three years, and some schools only have a small proportion of borrowers entering repayment. These rates should be interpreted with caution, as they may not be reflective of the entire school population.
1.2%
2019 Default Rate
36
Number of Defaults

In 2019 the default rate for borrower's at Montana State University was 1.2%, which represents 36 out of the 2992 total borrowers.

A cohort default rate is the percentage of a school's borrowers who enter repayment on certain Federal Family Education Loan (FFEL) Program or William D. Ford Federal Direct Loan (Direct Loan) Program loans during a particular federal fiscal year (FY), October 1 to September 30, and default or meet other specified conditions prior to the end of the second following fiscal year.

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Admissions

Montana State University received 28,794 undergraduate applications in 2022, which represents a 7.68% annual growth. Out of those 28,794 applicants, 21,116 students were accepted for enrollment, representing a 73.3% acceptance rate.

There were 16,681 students enrolled at Montana State University in 2022. 27% of first-time enrollees submitted SAT scores with their applications.

Montana State University has an overall enrollment yield of 17.8%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

73.3%
Acceptance Rate in 2022
21,116
Accepted Out of 28,794

In 2022, the undergraduate acceptance rate of Montana State University was 73.3% (21,116 admissions from 28,794 applications). This is higher than the acceptance rate of 2021, which was 73%. Between 2021 and 2022, the number of applicants grew by 7.68%, while admissions grew by 8.17%..

This chart compares the acceptance rate of Montana State University (in red) with that of other similar universities, and the chart below shows the acceptance rate by gender.

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SAT Scores

27%
Submission Percentage (2022)
1,014
Scores Submitted (2022)

27% of enrolled first-time students at Montana State University in 2022 submitted SAT scores with their applications.

The following chart shows the average SAT scores for the 25th, 50th, and 75th percentile of applicants for each section of the test that they are evaluated on.

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Enrollment

Montana State University had a total enrollment of 16,681 students in 2022. The full-time enrollment at Montana State University is 13,159 students and the part-time enrollment is 3,522. This means that 78.9% of students enrolled at Montana State University are enrolled full-time.

The enrolled student population at Montana State University, both undergraduate and graduate, is 83% White, 5.53% Hispanic or Latino, 5.2% Two or More Races, 1.38% American Indian or Alaska Native, 1.16% Asian, 0.426% Black or African American, and 0.0839% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Montana State University in full-time Undergraduate programs are most commonly White Male (45.7%), followed by White Female (38.8%) and Hispanic or Latino Female (2.78%). Students enrolled in full-time Graduate programs are most commonly White Female (45.2%), followed by White Male (29.3%) and Two or More Races Female (3.37%).

Full-Time vs Part-Time Enrollment

78.9%
Full-Time Enrollment

The total enrollment at Montana State University in 2022, both undergraduate and graduate, is 16,681 students. The full-time enrollment at Montana State University is 13,159 and the part-time enrollment is 3,522. This means that 78.9% of students enrolled at Montana State University are enrolled full-time compared with 77.4% at similar Doctoral Universities.

This chart shows the full-time vs part-time enrollment status at Montana State University (in red) compares to similar universities.

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Retention Rate over Time

75%
2022 Retention Rate

Retention rate measures the number of first-time students who began their studies the previous fall and returned to school the following fall. The retention rate for full-time undergraduates at Montana State University was 75%. Compared with the full-time retention rate at similar Doctoral Universities (84%), Montana State University had a retention rate lower than its peers.

This chart shows the retention rate over time at Montana State University (highlighted in red) compares to similar universities.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2022)
  1. White
    13,845 enrolled students
  2. Hispanic or Latino
    923 enrolled students
  3. Two or More Races
    868 enrolled students

The enrolled student population at Montana State University is 83% White, 5.53% Hispanic or Latino, 5.2% Two or More Races, 1.38% American Indian or Alaska Native, 1.16% Asian, 0.426% Black or African American, and 0.0839% Native Hawaiian or Other Pacific Islanders. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Doctoral Universities is 47.5% White, 15.5% Hispanic or Latino, and 9.58% Black or African American.

Any student who is studying in the United States on a temporary basis is categorized as a "Non-Resident Alien", and the share of those students are shown in the chart below. Additionally, 132 students (0.791%) did not report their race.

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Graduates

In 2022, 208 more women than men received degrees from Montana State University. The most common race/ethnicity group of degree recipients at Montana State University is white (2,992 degrees awarded). There were 19.6 times more white recipients than the next closest race/ethnicity group, hispanic or latino (153 degrees).

The most common Bachelor's Degree concentration at Montana State University is General Business (292 degrees awarded), followed by Registered Nursing (261 degrees) and Mechanical Engineering (179 degrees).

In 2022,  the most specialized majors across all degree types at Montana State University, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Human Sciences (182 degrees awarded), Physical Sciences (157 degrees), and Engineering (525 degrees).

Common Jobs by Major

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Montana State University are Software developers (536,427 people), Physicians (488,039 people), Other managers (471,953 people), Miscellaneous engineers, including nuclear engineers (376,520 people), and Postsecondary teachers (306,956 people).

The most specialized majors at Montana State University in 2022 are Human Sciences (182 degrees awarded), Physical Sciences (157 degrees), Engineering (525 degrees), Math & Statistics (84 degrees), and Biology (258 degrees) (as of 2022).

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Highest Paying Jobs by Major

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Montana State University are Podiatrists, Surgeons, Physicians, Securities, commodities, & financial services sales agents, and Chief executives & legislators

The most specialized majors at Montana State University are Human Sciences (182 degrees awarded), Physical Sciences (157 degrees), Engineering (525 degrees), Math & Statistics (84 degrees), and Biology (258 degrees) (as of 2022).

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Common Industries by Major

The most common industries for people who hold a degree in one of the 5 most specialized majors at Montana State University are Colleges, universities & professional schools, including junior colleges (612,422 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (603,097 people), Computer Systems Design (599,014 people), Architectural, engineering & related services (489,287 people), and Elementary & secondary schools (428,301 people).

The most specialized majors at Montana State University are Human Sciences (182 degrees awarded), Physical Sciences (157 degrees), Engineering (525 degrees), Math & Statistics (84 degrees), and Biology (258 degrees) (as of 2022).

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Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Montana State University.
Most Common (2022)
  1. 292 degrees awarded
  2. 261 degrees awarded
  3. 179 degrees awarded

In 2022, the most common bachelors degree concentration at Montana State University was General Business with 292 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from bachelors degree programs at Montana State University according to their major.

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Sex Breakdown for Common Majors

1,664
Degrees Awarded to Men
in 2022
1,872
Degrees Awarded to Women
in 2022

In 2022, 1,664 degrees were awarded to men at Montana State University, which is 0.889 times less than the number of degrees awarded to females (1,872).

This chart displays the sex disparity between the top 5 majors at Montana State University by degrees awarded.

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Most Common Male Majors

In 2022, 187 degrees were awarded to men at Montana State University in General Business, which is 1.78 times more than the 105 female recipients with that same degree.

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Most Common Female Majors

In 2022, 238 degrees were awarded to men at Montana State University in Registered Nursing, which is 7.93 times more than the 30 male recipients with that same degree.

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Time to Complete

30%
100% Completion Time
59%
150% Completion Time

In 2022, 30% of students graduating from Montana State University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 59% completed their degrees within 150% of the normal time, and 60% within 200%.

The following chart shows these completion rates over time compared to the average for the Doctoral Universities Carnegie Classification group.

Graduation rate is defined as the percentage of full-time, first-time students who received a degree or award within a specific percentage of "normal time" to completion for their program.

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Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.
White Female
Highest Graduation Rate (65.2%)

The student demographic with the highest graduation rate in 2022 at Montana State University is Female and White (65.2% graduation rate). Across all Doctoral Universities, Asian Female students have the highest graduation rate (73.2%).

The department of education defines graduation rate as the percentage of full-time, first-time students who received a degree or award within 150% of "normal time" to completion.

The National Center for Education Statistics (NCES) categorizes any student who is studying in the United States on a temporary basis as a "Non-Resident Alien", and the graduation rate of those students is shown in the chart below. Additionally, 0.432% of graduates (7 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2022)
  1. White
    2,992 degrees awarded
  2. Hispanic or Latino
    153 degrees awarded
  3. Two or More Races
    144 degrees awarded

The most common race/ethnicity at Montana State University is white (2,992 degrees awarded). There were 19.6 times more white recipients than the next closest race/ethnicity group, hispanic or latino (153 degrees).

1.19% of degree recipients (42 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic (2022)
  1. White Female
    1,604 degrees awarded
  2. White Male
    1,388 degrees awarded
  3. Hispanic or Latino Male
    81 degrees awarded

The most common race/ethnicity and sex grouping at Montana State University is white female (1,604 degrees awarded). There were 1.16 times more white female recipients than the next closest race/ethnicity group, white male (1388 degrees).

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Operations

Montana State University has an endowment valued at nearly $253M, as of the end of the 2022 fiscal year. The return on its endowment was of −NaNM (−0.639%) compared to the 1.13% average return (4.2M on 373M) across all Doctoral Universities.

In 2022, Montana State University had a total salary expenditure of 567M. Montana State University employs 196 Professors, 150 Associate professors and 123 Assistant professors. Most academics at Montana State University are Male Professor (139), Female Associate professor (77), and Female No academic rank (73).

The most common positions for non-instructional staff at Montana State University are: Business and Financial Operations, with 278 employees, Service, with 266 employees, and Research with 243 employees.

Endowment

$253M
2022 Endowment
51.9%
growth from 2021

Montana State University has an endowment valued at about $253M, as of the end of the 2022 fiscal year. The endowment of Montana State University grew 51.9% from the previous year. The value of their endowment was $120M lower than than the median endowment of Doctoral Universities according to the Carnegie Classification grouping.

This line chart shows how the endowment at Montana State University (in red) compares to that of some similar universities.

The small bar chart below shows the endowment quintiles for all universities in the Doctoral Universities: Higher Research Activity Carnegie Classification grouping.

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Salary Expenditure

$237M
2022 Salaries
4.69%
growth from 2021

In 2022, Montana State University paid a median of $237M in salaries, which represents 41.7% of their overall expenditure ($567M) and a 4.69% growth from the previous year.

The median for similar Doctoral Universities is 246M (41.5% of overall expenditures).

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Instructional Salaries

$53.5M
Instructional Salaries
608
Number of Employees

In 2022, Montana State University paid a total of $53.5M to 608 employees working as instructors, which represents 22.6% of all salaries paid.

This is compared to a median of $73.7M (30%) for similar Doctoral Universities.

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Occupations by Share

Professor
Most Common Instructor
196 Employees
Business and Financial Operations
Most Common Non-Instructional Employee
278 Employees

In 2022, the most common positions for instructional staff at Montana State University were Professor with 196 employees, Associate professor with 150 employees, and Assistant professor with 123 employees.

In 2022, the most common positions for non-instructional staff at Montana State University were Business and Financial Operations with 278 employees, Service with 266 employees, and Research with 243 employees.

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Instructors by Academic Rank and Sex

Most Common Demographic (2022)
  1. Male Professor
  2. Female Associate professor
  3. Female No academic rank

In 2022, the most common demographic for instructional staff at Montana State University was Male Professor with 139 employees, Female Associate professor with 77 employees, and Female No academic rank with 73 employees.

This chart shows the sex split between each academic rank present at Montana State University.

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