In 2022, tuition for full-time Montana Technological University students was $7,580 a year for in-state students and $23,210 a year for out-of-state students.
On average, college tuition goes up about 3% every year.
If this makes attending the college of your dreams sound impossible, remember, the total cost of tuition isn't necessarily what you will have to pay to attend a school. Many students pay much less than the sticker price after grants, scholarships, and tuition discounts are applied. And, student loans can make theactual cost of attending college more manageable until you're done with college.
International students can expect to pay 23,210 per year for tuition at Montana Technological University.
Montana Technological University is a public, state institution, so it offers a reduced tuition rate of $7,580 for in-state students who attend full-time.Non-Montana residents can expect to pay 23,210 per year for tuition.
Public schools receive funds from the state to help them cover costs. Public, state schools can offer lower tuition for students who meet the requirements for in-state residency.
Choosing a college where you qualify for in-state residency can cut the cost of college tuition. Take the time to check your state's requirements for in-state tuition. Every state has its own rules about what makes someone eligible for in-state tuition. Most states require students to have resided in the state for a certain period of time before qualifying. There may be other criteria too, depending on where you live.
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Montana Technological University has the same tuition for international students as for those from out of state.
International students at Montana Technological University usually pay around $23,210 per year, before any scholarships or financial aid.
International students usually do not qualify for for federal financial aid, but may be eligible for private or Montana Technological University-specific grants, scholarships, and other funding opportunities.. International students who demonstrate financial need may qualify for the following types of financial support at Montana Technological University:
•Montana Technological University-specific scholarships
International students without financial need may be eligible for merit-based institutional scholarships and athletic awards.
Tuition is not the only cost of attending college; room and board, books, transportation and fees are also costs it consider when estimating the cost of attendance 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 costs $10,162 a year. This number covers the cost of living in dorms or other on-campus housing, and a meal plan that allows you to eat all or some of your meals the Montana Technological University's on-campus cafeterias and dining halls.
Board costs may vary depending 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 what kinds of books and materials they require. To save money, many students choose to use books from the library or buy used textbooks and materials.
Most schools also have fees to help cover the cost of facilties, like the computer labs and libraries, athletic facilities, and more.
There may be additional fees associated with participating in certain activities, like Greek Life, or participating in sports or other extracurriculars. Many schools have resources for students with financial need to find ways to lower or eliminate these fees.
The total cost of transportation in college can really vary. 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 own a car, or will you need to use busses, subways, or other modes of transportation? All of these questions can make a big difference in your estimated cost of transportation. At Montana Technological University, freshman are allowed to park on campus.
The location of a college or university can impact 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 transportation in an urban area is sometimes costly, 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 estimating your budget for college, be sure to take into account personal expenses, like going out to eat or see shows, furnishing your living space, and things like haircuts, clothes and, yes, even toilet paper and shampoo.
Now, let’s go over all of the costs we've covered, to get a better estimate of how much students can expect to shell out for Montana Technological University.
What will the cost of attending Montana Technological University be? Here is a breakdown of tuition and expenses.
|2022 Total Tuition and Expenses|
|Room and Board||$10,162|
The total estimated cost will vary depending on whether you are going to live on-campus or off-campus.
Tuition and fees may vary depending on program, course level, location, and more.
Montana Technological University’s tuition and fees change based on: •Campus location for full-time and part-time students •Academic program for both full and part-time students •Course load for both full and part-time students
In 2022, 615 of the 1,474 undergrads enrolled received financial aid. Montana Technological University meets 65% of the demonstrated financial need for undergraduates.
The average financial aid package for a full-time, first-year student is around $11,765 a year. Around 51% 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 $21,939 of student loan debt.
The average debt for each loan type varies.
|Average Debt By Loan Type|
|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 2022, Montana Technological University awarded 523 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 $2.34 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 $11,765 in 2022. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Montana Technological University seem more manageable.
|Estimated Net Cost for Full-Time Students|
|Net In-state, Off-campus||$-1,165|
Note: a negative number can indicate that a refund will be given to use toward other expenses such as housing, fees, and books. In such cases, be sure to reach out to the school directly for any clarification or questions.
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 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 with a tuition 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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Data Source: IPEDs and Peterson's Databases © 2022 Peterson's LLC All rights reserved
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