Financial Aid at MSU

Financial Aid Amount Received

$6,578 (22.22% of tuition)

Percent of Financial Aid Received

69% of 14,648 students

9,798 undergraduate students (69% of all students) have received grants, scholarships, and/or federal student loans at Montana State University. The percentage of students who received financial aid much higher compared to Public, 4-Years Colleges in Montana.

Compare to similar schools in rankings such as University of Central Florida and Wright State University-Main Campus, the percentage of students who received financial aid is higher (the average of the schools is 83.20%).

Undergraduate Financial Aid by Type

The average amount of grants of scholarship aid is $6,578 and the average loan amount is $6,213. The average financial aid amount is 22.22% of tuition & fees based on out-of-state rate (tuition & fees: $29,604).

	Number Receiving Aid	Percent Receiving Aid	Total Amount of Aid Received	Average Amount of Aid Received
Grant or scholarship aid	9,798	69%	$64,452,855	$6,578
Pell Grants	2,884	20%	$14,024,729	$4,863
Federal Students Loans	4,828	34%	$29,998,396	$6,213

Undergraduate Student Financial Aid Comparison Chart

First-time (full-time) Undergraduate Students Financial Aid

For the full-time, first-time undergraduate students (freshmen, in most cases), 2,557 students have received one or more types of financial aid at Montana State University.

The average amount of federal, state, local or institutional grant aid is $6,287 and the average amount of student loans awarded to full-time first-time undergraduate students is $7,381.

The following table shows the financial data by type of aid at Montana State University.

First-time Undergraduate Financial Aid by Type

	Number Receiving Aid	Percent Receiving Aid	Total Amount of Aid Received	Average Amount of Aid Received
Any Financial Aid	2,570	92%	-	-
Grant or scholarship aid	2,557	92%	$16,075,065	$6,287
Federal Grants	2,140	77%	$3,752,486	$1,753
Pell Grants	485	17%	$2,335,241	$4,815
Other Federal Grants	2,080	75%	$1,417,245	$681
State/Local Grants	286	10%	$277,000	$969
Institutional Grants	2,224	80%	$12,045,579	$5,416
Student Loans	1,009	36%	$7,447,785	$7,381
Federal Student Loans	974	35%	$5,055,861	$5,191
Other Student Loans	133	5%	$2,391,924	$17,984

Financial Aid by Income Level

The following table summarizes the number of schools receiving financial aid and its average amount by income levels at Montana State University.

Income Level	# of Students	# of Students Receiving Aid	Total Amount of Aid Received	Average Amount of Aid Received
All Income Level	-	-	$1,790,547	$2,945
0 - $30,000	132	129	$837,612	$6,346
$30,001 - $48,000	102	98	$574,149	$5,629
$48,001 - $75,000	113	104	$326,817	$2,892
$75,001 - $110,000	113	26	$44,624	$395
$110,001 - more	148	1	$7,345	$50

Paid Tuition Rates by Residency

At Montana State University, for the first-time/full-time students, 1,193 students have paid in-state rate of tuition and 1,125 students have paid out-of-state tuition rate.

	# of Students
In-District Rate	0
In-State Rate	1,193
Out-of-State Rate	1,125
Un-known	473

Number of Students by Living Arrangement (Freshmen)

At Montana State University, 845 full-time/first-time students live on-campus such as dormitory and campus-owned apartments, and 57 students live off-campus. In addition, 72 students live with their family.