Montana State University Billings

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2022 Undergraduate Tuition
$4,620
3.01% growth from 2021
2022 Average Net Price
$12,487
After Financial Aid
2019 Default Rate
2.07%
on Student Loans
2022 Enrolled Students
4,057
50.6% Full-Time
2022 Graduation Rate
25.6%
102 Graduates

About

Montana State University Billings is a higher education institution located in Yellowstone County, MT. In 2022, the most popular Bachelors Degree concentrations at Montana State University Billings were General Business (123 degrees awarded), Liberal Arts & Sciences (38 degrees), and Elementary Education & Teaching (30 degrees).

In 2022, 795 degrees were awarded across all undergraduate and graduate programs at Montana State University Billings. 65.5% of these degrees were awarded to women, and 34.5% awarded men. The most common race/ethnicity group of degree recipients was white (630 degrees), 14 times more than then the next closest race/ethnicity group, hispanic or latino (45 degrees).

The median undergraduate tuition at Montana State University Billings is $4,620, which is $−19,376 less than the national average for Masters Colleges and Universities ($23,996).

Costs

In 2022, the median undergraduate tuition at Montana State University Billings is $4,620, which is $−19,376 less than the national average for Masters Colleges and Universities ($23,996).

After taking grants and loans into account, the average net price for students is $12,487.

In 2022, 95% of undergraduate students attending Montana State University Billings received financial aid through grants. Comparatively, 31% of undergraduate students received financial aid through loans.

Tuition Costs

$4,620
2022 Undergraduate Tuition

In 2022, the cost of tuition at Montana State University Billings was $4,620. The cost of tuition at Montana State University Billings is $−19,376 less than than the overall (public and private) national average for Masters Colleges and Universities ($23,996).

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

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Average Net Price

$12,487
2022 Value
1.1%
1 Year Growth

In 2022 Montana State University Billings had an average net price — the price paid after factoring in grants and loans — of $12,487. Between 2021 and 2022, the average net price of Montana State University Billings grew by 1.1%.

This chart compares the average net price of Montana State University Billings (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

$7,956
Room and Board
$1,540
Books and Supplies

The average yearly cost of room and board at Montana State University Billings was of $7,956 in 2022. The cost of room and board increased by 4.68% between 2021 and 2022.

During the same period, the average yearly cost of books and supplies was $1,540. The cost of books and supplies did not change during the same period.

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

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Financial Aid by Income Level

95%
Undergraduates Receiving Financial Aid through Grants
31%
Undergraduates Receiving Financial Aid through Loans

95% of undergraduate students at Montana State University Billings received financial aid through grants or loans in 2022. This represents a growth of 48.4% with respect to 2021, when 64% of undergraduate students received financial aid.

This chart compares the average award discount at Montana State University Billings (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.
2.07%
2019 Default Rate
23
Number of Defaults

In 2019 the default rate for borrower's at Montana State University Billings was 2.07%, which represents 23 out of the 1111 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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Enrollment

Montana State University Billings had a total enrollment of 4,057 students in 2022. The full-time enrollment at Montana State University Billings is 2,052 students and the part-time enrollment is 2,005. This means that 50.6% of students enrolled at Montana State University Billings are enrolled full-time.

The enrolled student population at Montana State University Billings, both undergraduate and graduate, is 78.4% White, 6.53% Hispanic or Latino, 5.5% Two or More Races, 4.14% American Indian or Alaska Native, 1.08% Asian, 0.912% Black or African American, and 0.123% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Montana State University Billings in full-time Undergraduate programs are most commonly White Female (44.8%), followed by White Male (31%) and Hispanic or Latino Female (4.27%). Students enrolled in full-time Graduate programs are most commonly White Female (67.9%), followed by White Male (12.8%) and Hispanic or Latino Female (3.85%).

Full-Time vs Part-Time Enrollment

50.6%
Full-Time Enrollment

The total enrollment at Montana State University Billings in 2022, both undergraduate and graduate, is 4,057 students. The full-time enrollment at Montana State University Billings is 2,052 and the part-time enrollment is 2,005. This means that 50.6% of students enrolled at Montana State University Billings are enrolled full-time compared with 67.6% at similar Masters Colleges and Universities.

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

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Retention Rate over Time

60%
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 Billings was 60%. Compared with the full-time retention rate at similar Masters Colleges and Universities (73%), Montana State University Billings had a retention rate lower than its peers.

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

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2022)
  1. White
    3,180 enrolled students
  2. Hispanic or Latino
    265 enrolled students
  3. Two or More Races
    223 enrolled students

The enrolled student population at Montana State University Billings is 78.4% White, 6.53% Hispanic or Latino, 5.5% Two or More Races, 4.14% American Indian or Alaska Native, 1.08% Asian, 0.912% Black or African American, and 0.123% 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 Masters Colleges and Universities is 51.2% White, 17.3% Hispanic or Latino, and 13% 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, 66 students (1.63%) did not report their race.

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Graduates

In 2022, 247 more women than men received degrees from Montana State University Billings. The most common race/ethnicity group of degree recipients at Montana State University Billings is white (630 degrees awarded). There were 14 times more white recipients than the next closest race/ethnicity group, hispanic or latino (45 degrees).

The most common Bachelor's Degree concentration at Montana State University Billings is General Business (123 degrees awarded), followed by Liberal Arts & Sciences (38 degrees) and Elementary Education & Teaching (30 degrees).

In 2022,  the most specialized majors across all degree types at Montana State University Billings, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Education (111 degrees awarded), Precision Production (15 degrees), and Parks, Recreation, & Leisure (18 degrees).

Common Jobs by Major

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Montana State University Billings are Elementary & middle school teachers (1,656,893 people), Secondary school teachers (477,256 people), Education administrators (301,336 people), Other managers (220,478 people), and Special education teachers (207,596 people).

The most specialized majors at Montana State University Billings in 2022 are Education (111 degrees awarded), Precision Production (15 degrees), Parks, Recreation, & Leisure (18 degrees), Psychology (48 degrees), and Mechanical Technologies (25 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 Billings are Surgeons, Physicians, Photographic process workers & processing machine operators, Nurse anesthetists, and Cardiovascular technologists and technicians

The most specialized majors at Montana State University Billings are Education (111 degrees awarded), Precision Production (15 degrees), Parks, Recreation, & Leisure (18 degrees), Psychology (48 degrees), and Mechanical Technologies (25 degrees) (as of 2022).

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Common Industries by Major

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Montana State University Billings are Elementary & secondary schools (3,038,430 people), Justice, public order, & safety activities (416,597 people), Colleges, universities & professional schools, including junior colleges (396,933 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (333,460 people), and Outpatient care centers (229,615 people).

The most specialized majors at Montana State University Billings are Education (111 degrees awarded), Precision Production (15 degrees), Parks, Recreation, & Leisure (18 degrees), Psychology (48 degrees), and Mechanical Technologies (25 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 Billings.
Most Common (2022)
  1. 123 degrees awarded
  2. 38 degrees awarded
  3. 30 degrees awarded

In 2022, the most common bachelors degree concentration at Montana State University Billings was General Business with 123 degrees awarded.

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

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Sex Breakdown for Common Majors

274
Degrees Awarded to Men
in 2022
521
Degrees Awarded to Women
in 2022

In 2022, 274 degrees were awarded to men at Montana State University Billings, which is 0.526 times less than the number of degrees awarded to females (521).

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

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Most Common Male Majors

In 2022, 63 degrees were awarded to men at Montana State University Billings in General Business, which is 1 times approximately the same the 63 female recipients with that same degree.

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Most Common Female Majors

In 2022, 63 degrees were awarded to men at Montana State University Billings in General Business, which is 1 times approximately the same the 63 male recipients with that same degree.

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Time to Complete

11%
100% Completion Time
26%
150% Completion Time

In 2022, 11% of students graduating from Montana State University Billings completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 26% completed their degrees within 150% of the normal time, and 27% within 200%.

The following chart shows these completion rates over time compared to the average for the Masters Colleges and 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.
Asian Female
Highest Graduation Rate (50%)

The student demographic with the highest graduation rate in 2022 at Montana State University Billings is Female and Asian (50% graduation rate). Across all Masters Colleges and 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, 0.98% of graduates (1 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2022)
  1. White
    630 degrees awarded
  2. Hispanic or Latino
    45 degrees awarded
  3. Two or More Races
    36 degrees awarded

The most common race/ethnicity at Montana State University Billings is white (630 degrees awarded). There were 14 times more white recipients than the next closest race/ethnicity group, hispanic or latino (45 degrees).

2.14% of degree recipients (17 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic (2022)
  1. White Female
    423 degrees awarded
  2. White Male
    207 degrees awarded
  3. Two or More Races Female
    25 degrees awarded

The most common race/ethnicity and sex grouping at Montana State University Billings is white female (423 degrees awarded). There were 2.04 times more white female recipients than the next closest race/ethnicity group, white male (207 degrees).

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Operations

Montana State University Billings has an endowment valued at nearly $30M, as of the end of the 2022 fiscal year. The return on its endowment was of −NaNk (−0.512%) compared to the 0.773% average return (360k on 46.6M) across all Masters Colleges and Universities.

In 2022, Montana State University Billings had a total salary expenditure of 63.9M. Montana State University Billings employs 41 Lecturers, 38 Assistant professors and 28 Associate professors. Most academics at Montana State University Billings are Female Lecturer (22), Female Assistant professor (22), and Male Lecturer (19).

The most common positions for non-instructional staff at Montana State University Billings are: Management, with 86 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 48 employees, and Service with 40 employees.

Endowment

$30M
2022 Endowment
11.9%
decline from 2021

Montana State University Billings has an endowment valued at about $30M, as of the end of the 2022 fiscal year. The endowment of Montana State University Billings declined 11.9% from the previous year. The value of their endowment was $16.6M lower than than the median endowment of Masters Colleges and Universities according to the Carnegie Classification grouping.

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

The small bar chart below shows the endowment quintiles for all universities in the Masters Colleges & Universities: Medium Programs Carnegie Classification grouping.

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Salary Expenditure

$24.2M
2022 Salaries
4.93%
decline from 2021

In 2022, Montana State University Billings paid a median of $24.2M in salaries, which represents 37.9% of their overall expenditure ($63.9M) and a 4.93% decline from the previous year.

The median for similar Masters Colleges and Universities is 36.1M (39.6% of overall expenditures).

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Instructional Salaries

$8.48M
Instructional Salaries
136
Number of Employees

In 2022, Montana State University Billings paid a total of $8.48M to 136 employees working as instructors, which represents 35% of all salaries paid.

This is compared to a median of $11.3M (31.2%) for similar Masters Colleges and Universities.

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Occupations by Share

Lecturer
Most Common Instructor
41 Employees
Management
Most Common Non-Instructional Employee
86 Employees

In 2022, the most common positions for instructional staff at Montana State University Billings were Lecturer with 41 employees, Assistant professor with 38 employees, and Associate professor with 28 employees.

In 2022, the most common positions for non-instructional staff at Montana State University Billings were Management with 86 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 48 employees, and Service with 40 employees.

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Instructors by Academic Rank and Sex

Most Common Demographic (2022)
  1. Female Lecturer
  2. Female Assistant professor
  3. Male Lecturer

In 2022, the most common demographic for instructional staff at Montana State University Billings was Female Lecturer with 22 employees, Female Assistant professor with 22 employees, and Male Lecturer with 19 employees.

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

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