In 2021, tuition for full-time students at Montana Technological University was $5,707 a year for in-state students and $20,870 a year for out-of-state students.
On average, college tuition rises about 3%ba year.
If this information makes going to college seem daunting, remember, the "sticker price" of tuition doesn't give you all the info you need to know how much you will actually have to pay for college. Many students owe way less than the total tuition after grants, scholarships, and tuition discounts are awarded. Plus, student loans can make theactual cost of attending college until you've finishing school and found a job.
Montana Technological University is a public, state institution, so it offers a reduced tuition rate of $5,707 for in-state students who attend full-time.
Public schools receive funds from the state to help them cover costs. Public insitutions often offer a lower cost of attendance for those who qualify as Montana residents.
Attending a college where you are eligible for in-state tuition can drastically reduce the total cost of attending college. Take the time to check your state's criteria for in-state tuition. Each state has different requirements to qualify as in-state resident. In many states, students must have lived in the state for 12 months before starting school to qualify for in-state tuition. There may be other criteria as well, depending on the state you and your parents currently live in.
Montana Technological University has the same tuition for international students as for those from out of state.
Students from outside of the U.S. usually do not qualify for for loans or grants from the U.S. government, but should research private or school-specific aid and scholarships. International students who demonstrate financial need may be eligible for the following types of financial support at Montana Technological University:
International students without financial need may be eligible for merit-based institutional scholarships and athletic awards.
In addition to tuition, room and board, books, transportation and fees are also costs it consider when planning for college. Let's take a look at what impacts these costs, and what to expect at Montana Technological University.
Room and board at Montana Technological University is $10,170 a year. This number covers the cost of living in dorms or other on-campus housing, and a meal plan that enables you to eat in the Montana Technological University's on-campus cafeterias and dining halls.
Board costs can depend on how many meals are included in the plan you choose.
First-year students are sometimes surprised by how much books and supplies cost–and not in a good way. . The actual cost of books depends on the courses you take and the materials required. To save money, many students choose to use books from the library or buy used textbooks and materials.
The majority of colleges also have fees to offsets cost associated with maintaining facilties, like the computer labs and libraries, athletic facilities, and more. Students who attend Montana Technological University full time can expect to pay around $1,690 in fees each academic year.
Keep in mind, there could also be optional fees associated with participating in certain activities, like Greek Life, or playing on an intramural sports team. Many schools offer resources so that those with demonstrated need to get help covering these costs.
The total cost of transportation in college depends on a few key factors. Will you take a subway, car or an airplane to get to school?. Will you need to pay to park on-campus? Is the campus walkable? Do you plan to bring a car or are you planning to use busses, subways, or other modes of transportation? All of these factors can make a big difference in your transportation budget. Keeping in mind, first-year students are allowed to park a car on campus.
Where are a college is located can also have a big effect on transportation costs. Small, rural schools may be easier to get around, but the cost of getting to campus may be higher. On the other hand getting around in a city may be expensive, but cities may offer more buses, trains and low-cost flight options to actually get to school. Montana Technological Universityis in a small town setting in Montana.
When budgeting for college, don’t forget to take into account the cost of things like movies, takeouts, furniture or appliances for your dorm or housing, and essentials like laundry detergent, toothpaste and toilet paper.
Now, let’s go over all of the costs we've covered, to get a better idea of what is really costs to go to Montana Technological University.
|2021 Total Tuition and Expenses|
|Room and Board||$10,170|
|Total Estimated Costs|
Tuition and fees may vary depending on program, course level, location, and more.
Montana Technological University’s tuition and fees change based on: B Academic program for both full and part-time students Course load for both full and part-time students
In 2021, 678 of the 1,431 undergrads enrolled received financial aid. Montana Technological University meets 58% of the demonstrated financial need for undergraduates.
The average financial aid package for a full-time, first-year student is around $12,974 a year. Around 52% of Montana Technological University undergrads take out student loans to cover any remaining costs. Montana Technological University graduates who have student loans graduate with an average of $26,388 of student loan debt.
The average debt for each loan type varies.
|Average Debt By Loan Type|
|Montana Technological University-Specific Loans||$0|
|Most Common Loans for Montana Technological University Students|
Most students take out institutional or government loans, because they tend to have lower interest rates and more flexible repayment options than private loans. Loans from the federal government can be subsidized or unsubsidized. Subsidized loans do not accrue interest during school, while unsubsidized loans begin accruing interest at the time the loan is issued. If students do no qualify for enough federal loans to cover the cost of tuition, some take out private loans. Parents can also take out ParentPLUS loans, which are government loans for parents who are helping their children pay for college.
The Free Application for Federal Student Aid (FAFSA) helps colleges determine how much financial need students and their familes have, so they can offer a financial aid package that meets, or come close to meeting, their need. For more information on Montana Technological University financial aid, keep reading, or visit their financial aid website.
Some students may receive grants and scholarships to help pay for college. Unlike loans, scholarships and grants do not have to be paid back.
In 2021, Montana Technological University awarded 565 need-based scholarships to students, giving away total of $3.7 million to help students with financial need cover the cost of school. An additional $1.91 million in merit-based scholarship money was awarded to students without demonstrated financial need.
The net price of college is the actual cost of attending a school for one year. Net cost is calculated by subtracting any scholarships, grants or other aid that does not need to be paid back from the total cost. Student loans are not part of the calculation, because they need to be repaid.
Now that we have a sense of the total estimated costs for Montana Technological University students, we can subtract the average financial aid package to find the estimated net cost. Net cost can vary depending on a students’ need and the financial aid award received.
When considering whether a school fits your budget, it is important to consider the estimated net cost, not just the sticker price of tuition. Often, schools with the highest tuition also offer the most generous aid packages, so estimate your net cost before eliminating a school because it does fit your budget.
The average amount of financial aid received by a full-time first year student with demonstrated need at Montana Technological University was $12,974 in 2021. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Montana Technological University seem more manageable.
|Estimated Net Cost for Full-Time Students|
What will attending Montana Technological University really cost you? The answer depends on several factors.
As of 2011, colleges are required to have a net price calculator on their website to help prospective students and their families understand the actual cost of attending that school, based on their financial situation. You can find the Montana Technological University's net cost calculator on their website.
Some students choose to use payment plans to make the cost of tuition fit more comfortably in their budget.
Montana Technological University does not have guaranteed tuition.
A Prepaid Tuition Plan is not available for Montana Technological University students.
Montana Technological University offers an Installment Payment Plan, which allows students to pay tuition in a series of smaller chunks instead of one lump sum.
Schools sometimes waiver tuition for certain groups, to reduce the total cost of attendance. Some schools offer tuition waivers for faculty, staff, and their families , underrepresented students, or military students. Even if you qualify for a waiver, other expenses and fees are the responsibility of the student.
Montana Technological University has some full or partial tuition waivers available for: - Minority Students - Employees or Children of Employees
Check the financial aid website for more information on payment plans and tuition waivers.
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