Montana State University

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2017 Undergraduate Tuition
$5,490
3% growth from 2016
2017 Average Net Price
$15,411
After Financial Aid
2016 Student Loan
5.3%
Default Rate
2017 Acceptance Rate
83.1%
16,769 Applicants
2017 Enrolled Students
16,613
78.2% Full-Time
2017 Graduation Rate
53.5%
1,125 Graduates

About

Montana State University is a higher education institution located in Gallatin County, MT. In 2016, the most popular Bachelor's Degree concentrations at Montana State University were General Business (238 degrees awarded), Registered Nursing (215 degrees), and General Family & Consumer Sciences (197 degrees).

In 2017, 3,180 degrees were awarded across all undergraduate and graduate programs at Montana State University. 50.6% of these degrees were awarded to women, and 49.4% awarded men. The majority of degree recipients were white (2,735 degrees), 32.6 times more than then the next closest race/ethnicity group, hispanic or latino (84 degrees).

The median undergraduate tuition at Montana State University is $5,490, which is $-21,010 less than the national average for Doctoral Universities ($26,500).

Costs

The median undergraduate tuition at Montana State University is $5,490, which is $-21,010 less than the national average for Doctoral Universities ($26,500).

After taking grants and loans into account, the average net price for students is $15,411.

In 2017, 45% of undergraduate students received federal grants, while 43% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$5,490
2017 Undergraduate Tuition

In 2017, the cost of tuition at Montana State University was $5,490. The cost of tuition at Montana State University is $-21,010 less than than the overall (public and private) national average for Doctoral Universities ($26,500).

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Average Net Price

$15,411
2017 Value
3.06%
1 Year Growth

In 2017 Montana State University had an average net price — the price paid after factoring in grants and loans — of $15,411. Between 2016 and 2017, the average net price of Montana State University grew by 3.06%.

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

$8,900
Room and Board
$1,300
Books and Supplies

The average yearly cost of room and board at Montana State University was of $8,900 in 2017. During the same period, the average yearly cost of books and supplies was $1,300. The cost of room and board increased by 2.89% between 2016 and 2017. The cost of books and supplies increased by 4% during the same period.

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Financial Aid

Financial Aid by Income Level

45%
Of Undergraduates Receive Grants
43%
Of Undergraduates Receive Federal Loans

45% of undergraduate students at Montana State University received grants or loans in 2017. This represents a growth of 2.27% with respect to 2016, when 44% 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.
5.3%
2016 Default Rate
163
Number of Defaults

In 2016 the default rate for borrower's at Montana State University was 5.3%, which represents 163 out of the 3074 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 16,769 undergraduate applications in 2017, which represents a 4.83% annual growth. Out of those 16,769 applicants, 13,937 students were accepted for enrollment, representing a 83.1% acceptance rate.

There were 16,613 students enrolled at Montana State University in 2017, and 29% of first-time enrollees submitted SAT scores with their applications.

Montana State University has an overall enrollment yield of 24.1%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

83.1%
Acceptance Rate in 2017
13,937
Accepted Out of 16,769

In 2017, the undergraduate acceptance rate of Montana State University was 83.1% (13,937 admissions from 16,769 applications). This is higher than the acceptance rate of 2016, which was 82.9%. Between 2016 and 2017, the number of applicants grew by 4.83%, while admissions grew by 5.14%.

This chart compares the acceptance rate of Montana State University (in red) with that of other similar universities.

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SAT Scores

29%
Submission Percentage
975
Scores Submitted

29% of enrolled first-time students at Montana State University in 2017 submitted SAT scores with their applications.

This chart shows the SAT scores for the 25th and 75th percentile of applicants broken out into each section of the test that their are evaluated on.

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Enrollment

Montana State University has a total enrollment of 16,613 students. The full-time enrollment at Montana State University is 12,992 students and the part-time enrollment is 3,621. This means that 78.2% of students enrolled at Montana State University are enrolled full-time.

The enrolled student population at Montana State University, both undergraduate and graduate, is 83.5% White, 4.17% Two or More Races, 3.99% Hispanic or Latino, 1.57% American Indian or Alaska Native, 0.939% Asian, 0.445% Black or African American, and 0.102% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Montana State University in full-time Undergraduate programs are majority White Male (46%), followed by White Female (38.2%) and Two or More Races Male (2.23%). Students enrolled in full-time Graduate programs are majority White Female (41.4%), followed by White Male (39.9%) and Two or More Races Female (3.57%).

Full-Time vs Part-Time Enrollment

78.2%
Full-Time Enrollment

The total enrollment at Montana State University, both undergraduate and graduate, is 16,613 students. The full-time enrollment at Montana State University is 12,992 and the part-time enrollment is 3,621. This means that 78.2% of students enrolled at Montana State University are enrolled full-time compared with 78% 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

76%
2017 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 76%. Compared with the full-time retention rate at similar Doctoral Universities (83%), 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
  1. White
    13,876
  2. Two or More Races
    693
  3. Hispanic or Latino
    663

The enrolled student population at Montana State University is 83.5% White, 4.17% Two or More Races, 3.99% Hispanic or Latino, 1.57% American Indian or Alaska Native, 0.939% Asian, 0.445% Black or African American, and 0.102% 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 51.5% White, 13.4% Hispanic or Latino, and 9.57% 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, 226 students (1.36%) did not report their race.

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Graduates

In 2017, 40 more women than men received degrees from Montana State University. The majority of degree recipients at Montana State University are white (2,735 degrees awarded). There were 32.6 times more white graduates than the next closest race/ethnicity group, hispanic or latino (84 degrees).

The most common Bachelor's Degree concentration at Montana State University is General Business (238 degrees awarded), followed by Registered Nursing (215 degrees) and General Family & Consumer Sciences (197 degrees).

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 Architecture and Related Services (65 degrees awarded), Human Sciences (205 degrees), and Agriculture (108 degrees).

Workforce

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 Other managers (393,898 people), Software developers (373,900 people), Miscellaneous engineers, including nuclear engineers (320,884 people), Civil engineers (236,288 people), and Mechanical engineers (176,540 people).

The most specialized majors at Montana State University are Architecture and Related Services (65 degrees awarded), Human Sciences (205 degrees), Agriculture (108 degrees), Engineering (501 degrees), and Physical Sciences (113 degrees).

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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 Surgeons, Dentists, Securities, commodities, & financial services sales agents, Physicians, and Sales representatives of services, except advertising, insurance, financial services, and travel

The most specialized majors at Montana State University are Architecture and Related Services (65 degrees awarded), Human Sciences (205 degrees), Agriculture (108 degrees), Engineering (501 degrees), and Physical Sciences (113 degrees).

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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 Architectural, engineering & related services (542,101 people), Computer Systems Design (439,778 people), Colleges, universities & professional schools, including junior colleges (336,031 people), Construction (299,671 people), and Elementary & secondary schools (229,699 people).

The most specialized majors at Montana State University are Architecture and Related Services (65 degrees awarded), Human Sciences (205 degrees), Agriculture (108 degrees), Engineering (501 degrees), and Physical Sciences (113 degrees).

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Degrees

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
  1. 238 degree-majorss awarded
  2. 215 degree-majorss awarded
  3. 197 degree-majorss awarded

In 2017, the most common bachelors degree concentration at Montana State University was General Business with 238 degree-majorss 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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Gender Breakdown for Common Majors

Degrees Awarded to Men
  1. 1,570
  2. 1,610

In 2017, 1,570 degrees were awarded to men at Montana State University, which is 0.975 times less than the number of degrees awarded to females (1,610).

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

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Most Common Male Majors

In 2017, 147 degrees were awarded to men at Montana State University in General Business, which is 1.62 times more than the 91 female recipients with that same degree.

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Most Common Female Majors

In 2017, 190 degrees were awarded to women at Montana State University in Registered Nursing, which is 6.79 times more than the 28 male recipients with that same degree.

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Time to Complete

22%
100% Completion Time
52%
150% Completion Time

In 2017, 22% of students graduating from Montana State University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 52% completed their degrees within 150% of the normal time, and 55% 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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Diversity

Graduation Rate by Race and Gender

Showing demographic groups with ≥ 5 graduating students.
Asian Female
Highest Graduation Rate (66.7%)

The student demographic with the highest graduation rate at Montana State University is Female and Asian (66.7% graduation rate). Across all Doctoral Universities, Asian Female students have the highest graduation rate (68.1%).

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, 0.622% of graduates (7 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity
  1. White
    2,735 degrees awarded
  2. Hispanic or Latino
    84 degrees awarded
  3. Two or More Races
    78 degrees awarded

The most common race/ethnicity at Montana State University is white (2,735 degrees awarded). There were 32.6 times more white recipients than the next closest race/ethnicity group, hispanic or latino (84 degrees).

1.95% of degree recipients (62 students) did not report their race.

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Race & Ethnicity by Gender

Most Common Gender Demographic
  1. White Female
    1,393 degrees awarded
  2. White Male
    1,342 degrees awarded
  3. Hispanic or Latino Female
    49 degrees awarded

The most common race/ethnicity and gender grouping at Montana State University is white female (1,393 degrees awarded). There were 1.04 times more white female recipients than the next closest race/ethnicity group, white male (1,342 degrees).

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Operations

Montana State University has an endowment valued at nearly $152M, as of the end of the 2017 fiscal year. The return on its endowment was of $3.46M (2.28%), compared to the 5.91% average return ($16.9M on $287M) across all Doctoral Universities.

In 2017, Montana State University had a total salary expenditure of $456M. Montana State University employs 185 Professors, 151 Associate professors, and 151 Assistant professors. Most academics at Montana State University are Male Professors (142), Male Associate professors(84), and Female Assistant professors (82).

The most common positions for non-instructional staff at Montana State University are: Management, with 395 employees, Computer, Engineering, and Science, with 367 employees, and Service with 278 employees.

Finances

Endowment

$152M
2017 Endowment
19.1%
growth from 2016

Montana State University has an endowment valued at about $152M, as of the end of the 2017 fiscal year. The endowment of Montana State University grew 19.1% from the previous year. The value of their endowment was $135M 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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Government Grants and Contracts

Grants & Contracts
  1. $71.8M - Federal
  2. $6.68M - State
  3. $0 - Local

As of 2017, Montana State University received $71.8M in grants and contracts from the federal government, $6.68M from state grants and contracts, and $0 from local grants and contracts.

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Expenses

Salary Expenditure

$198M
2017 Salaries
7.33%
growth from 2016

In 2017, Montana State University paid a median of $198M in salaries, which represents 43.4% of their overall expenditure ($456M) and a 7.33% growth from the previous year. This is compared to a 1.98% growth from 2015 and a 3.98% growth from 2014.

The median for similar Doctoral Universities is 215M (42.7% of overall expenditures).

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Instructional Salaries

$48.3M
Instructional Salaries
602
Number of Employees

In 2017, Montana State University paid a total of $48.3M to 602 employees working as instructors, which represents 24.5% of all salaries paid.

This is compared to a median of $61.3M (31.9%) for similar Doctoral Universities: Higher Research Activity.

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Faculty and Staff

Occupations by Share

Professor
Most Common Instructor
185 Employees
Management
Most Common Non-Instructional Employee
395 Employees

In 2017, the most common positions for instructional staff at Montana State University were Professor with 185 employees; Associate professor with 151 employees; and Associate professor with 151 employees.

In 2017, the most common positions for non-instructional staff at Montana State University were Management with 395 employees; Computer, Engineering, and Science with 367 employees; and Service with 278 employees.

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Instructors by Academic Rank and Gender

Most Common Demographic
  1. Male Professor
  2. Male Associate professor
  3. Female Assistant professor

In 2017, the most common demographic for instructional staff at Montana State University was Male Professor with 142 employees, Male Associate professor with 84 employees, and Female Assistant professor with 82 employees.

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

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