Montana Technological University

www.mtech.edu

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2021 Undergraduate Tuition

$5,707

2021 Average Net Price

$15,332

After Financial Aid

2019 Student Loan

2.82%

Default Rate

2021 Acceptance Rate

89.8%

1,594 Applicants

2021 Enrolled Students

1,683

86.3% Full-Time

2021 Graduation Rate

57.3%

164 Graduates

About

Montana Technological University is a higher education institution located in Silver Bow County, MT. In 2021, the most popular Masters Degree concentrations at Montana Technological University were Occupational Health & Industrial Hygiene (39 degrees awarded), General Engineering (12 degrees), and Other Geological & Earth Sciences (8 degrees).

In 2021, 374 degrees were awarded across all undergraduate and graduate programs at Montana Technological University. 36.6% of these degrees were awarded to women, and 63.4% awarded men. The most common race/ethnicity group of degree recipients was white (285 degrees), 31.7 times more than then the next closest race/ethnicity group, hispanic or latino (9 degrees).

The median undergraduate tuition at Montana Technological University is $5,707, which is $−22,798 less than the national average for Baccalaureate Colleges ($28,505).

Baccalaureate Colleges: Diverse Fields Baccalaureate Colleges

Costs

In 2021, the median undergraduate tuition at Montana Technological University is $5,707, which is $−22,798 less than the national average for Baccalaureate Colleges ($28,505).

After taking grants and loans into account, the average net price for students is $15,332.

In 2021, 90% of undergraduate students attending Montana Technological University received financial aid through grants. Comparatively, 39% of undergraduate students received financial aid through loans.

Tuition Costs

$5,707

2021 Undergraduate Tuition

In 2021, the cost of tuition at Montana Technological University was $5,707. The cost of tuition at Montana Technological University is $−22,798 less than than the overall (public and private) national average for Baccalaureate Colleges ($28,505).

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

Average Net Price

$15,332

2021 Value

4.88%

1 Year Growth

In 2021 Montana Technological University had an average net price — the price paid after factoring in grants and loans — of $15,332. Between 2020 and 2021, the average net price of Montana Technological University grew by 4.88%.

This chart compares the average net price of Montana Technological 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.

Other Student Expenses

$10,198

Room and Board

$1,340

Books and Supplies

The average yearly cost of room and board at Montana Technological University was of $10,198 in 2021. The cost of room and board increased by 3.49% between 2020 and 2021.

During the same period, the average yearly cost of books and supplies was $1,340. The cost of books and supplies decreased by 0.741% during the same period.

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

Financial Aid by Income Level

90%

Undergraduates Receiving Financial Aid through Grants

39%

Undergraduates Receiving Financial Aid through Loans

90% of undergraduate students at Montana Technological University received financial aid through grants or loans in 2021. This represents a growth of 23.3% with respect to 2020, when 73% of undergraduate students received financial aid.

This chart compares the average award discount at Montana Technological 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.

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.

2.82%

2019 Default Rate

Number of Defaults

In 2019 the default rate for borrower's at Montana Technological University was 2.82%, which represents 15 out of the 531 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.

Admissions

Montana Technological University received 1,594 undergraduate applications in 2021, which represents a 74% annual growth. Out of those 1,594 applicants, 1,432 students were accepted for enrollment, representing a 89.8% acceptance rate.

There were 1,683 students enrolled at Montana Technological University in 2021. 8% of first-time enrollees submitted SAT scores with their applications.

Montana Technological University has an overall enrollment yield of 22.7%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

89.8%

Acceptance Rate in 2021

1,432

Accepted Out of 1,594

In 2021, the undergraduate acceptance rate of Montana Technological University was 89.8% (1,432 admissions from 1,594 applications). This is lower than the acceptance rate of 2020, which was 97.3%. Between 2020 and 2021, the number of applicants grew by 74%, while admissions grew by 60.7%..

This chart compares the acceptance rate of Montana Technological University (in red) with that of other similar universities, and the chart below shows the acceptance rate by gender.

SAT Scores

Submission Percentage (2021)

Scores Submitted (2021)

8% of enrolled first-time students at Montana Technological University in 2021 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.

Enrollment

Montana Technological University had a total enrollment of 1,683 students in 2021. The full-time enrollment at Montana Technological University is 1,453 students and the part-time enrollment is 230. This means that 86.3% of students enrolled at Montana Technological University are enrolled full-time.

The enrolled student population at Montana Technological University, both undergraduate and graduate, is 79.8% White, 3.33% Hispanic or Latino, 3.21% American Indian or Alaska Native, 1.25% Asian, 0.832% Black or African American, and 0.713% Two or More Races.

Students enrolled at Montana Technological University in full-time Undergraduate programs are most commonly White Male (49.3%), followed by White Female (32.6%) and Hispanic or Latino Male (1.81%). Students enrolled in full-time Graduate programs are most commonly White Male (39.4%), followed by White Female (19.7%) and American Indian or Alaska Native Female (5.63%).

Full-Time vs Part-Time Enrollment

86.3%

Full-Time Enrollment

The total enrollment at Montana Technological University in 2021, both undergraduate and graduate, is 1,683 students. The full-time enrollment at Montana Technological University is 1,453 and the part-time enrollment is 230. This means that 86.3% of students enrolled at Montana Technological University are enrolled full-time compared with 79.9% at similar Baccalaureate Colleges.

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

Retention Rate over Time

76%

2021 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 Technological University was 76%. Compared with the full-time retention rate at similar Baccalaureate Colleges (72%), Montana Technological University had a retention rate higher than its peers.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2021)

White
1,343 enrolled students
Hispanic or Latino
56 enrolled students
American Indian or Alaska Native
54 enrolled students

The enrolled student population at Montana Technological University is 79.8% White, 3.33% Hispanic or Latino, 3.21% American Indian or Alaska Native, 1.25% Asian, 0.832% Black or African American, and 0.713% Two or More Races. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Baccalaureate Colleges is 55% White, 13.5% Black or African American, and 13.4% Hispanic or Latino.

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, 126 students (7.49%) did not report their race.

Graduates

In 2021, 100 fewer women than men received degrees from Montana Technological University. The most common race/ethnicity group of degree recipients at Montana Technological University is white (285 degrees awarded). There were 31.7 times more white recipients than the next closest race/ethnicity group, hispanic or latino (9 degrees).

The most common Masters Degree concentration at Montana Technological University is Occupational Health & Industrial Hygiene (39 degrees awarded), followed by General Engineering (12 degrees) and Other Geological & Earth Sciences (8 degrees).

In 2021, the most specialized majors across all degree types at Montana Technological University, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Engineering (185 degrees awarded), Physical Sciences (14 degrees), and Biology (20 degrees).

Common Jobs by Major

Registered nurses

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Montana Technological University are Registered nurses (1,421,407 people), Physicians (584,578 people), Other managers (514,417 people), Software developers (501,156 people), and Miscellaneous engineers, including nuclear engineers (366,505 people).

The most specialized majors at Montana Technological University in 2021 are Engineering (185 degrees awarded), Physical Sciences (14 degrees), Biology (20 degrees), Health (106 degrees), and Math & Statistics (5 degrees) (as of 2021).

Highest Paying Jobs by Major

Podiatrists

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Montana Technological University are Podiatrists, Surgeons, Physicians, Securities, commodities, & financial services sales agents, and Chief executives & legislators

The most specialized majors at Montana Technological University are Engineering (185 degrees awarded), Physical Sciences (14 degrees), Biology (20 degrees), Health (106 degrees), and Math & Statistics (5 degrees) (as of 2021).

Common Industries by Major

General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Montana Technological University are General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (2,013,919 people), Colleges, universities & professional schools, including junior colleges (706,925 people), Computer Systems Design (592,618 people), Elementary & secondary schools (553,021 people), and Architectural, engineering & related services (480,579 people).

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Montana Technological University.

Most Common (2021)

Registered Nursing
38 degree-majors awarded
Mechanical Engineering
33 degree-majors awarded
Petroleum Engineering
31 degree-majors awarded

In 2021, the most common bachelors degree concentration at Montana Technological University was Registered Nursing with 38 degrees awarded.

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

Sex Breakdown for Common Majors

237

Degrees Awarded to Men

in 2021

137

Degrees Awarded to Women

in 2021

In 2021, 237 degrees were awarded to men at Montana Technological University, which is 1.73 times more than the number of degrees awarded to females (137).

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

Most Common Male Majors

In 2021, 30 degrees were awarded to men at Montana Technological University in Petroleum Engineering, which is 7.5 times more than the 4 female recipients with that same degree.

Most Common Female Majors

In 2021, 33 degrees were awarded to men at Montana Technological University in Registered Nursing, which is 6.6 times more than the 5 male recipients with that same degree.

Time to Complete

24%

100% Completion Time

52%

150% Completion Time

In 2021, 24% of students graduating from Montana Technological 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 Baccalaureate Colleges 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.

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.

Black or African American Male

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2021 at Montana Technological University is Male and Black or African American (100% graduation rate). Across all Baccalaureate Colleges, Asian Female students have the highest graduation rate (72.9%).

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, 5.49% of graduates (9 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2021)

White
285 degrees awarded
Hispanic or Latino
9 degrees awarded
American Indian or Alaska Native
4 degrees awarded

The most common race/ethnicity at Montana Technological University is white (285 degrees awarded). There were 31.7 times more white recipients than the next closest race/ethnicity group, hispanic or latino (9 degrees).

9.63% of degree recipients (36 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2021)

White Male
176 degrees awarded
White Female
109 degrees awarded
Hispanic or Latino Male
8 degrees awarded

The most common race/ethnicity and sex grouping at Montana Technological University is white male (176 degrees awarded). There were 1.61 times more white male recipients than the next closest race/ethnicity group, white female (109 degrees).

Operations

Montana Technological University has an endowment valued at nearly $52.1M, as of the end of the 2021 fiscal year. The return on its endowment was of 59.1k (0.113%) compared to the 17.4% average return (9.13M on 52.4M) across all Baccalaureate Colleges.

In 2021, Montana Technological University had a total salary expenditure of 61.8M. Montana Technological University employs 36 Professors, 32 Instructors and 32 Associate professors. Most academics at Montana Technological University are Male Professor (25), Male Instructor (22), and Male Associate professor (18).

The most common positions for non-instructional staff at Montana Technological University are: Research, with 44 employees, Management, with 33 employees, and Service with 31 employees.

Endowment

$52.1M

2021 Endowment

30.7%

growth from 2020

Montana Technological University has an endowment valued at about $52.1M, as of the end of the 2021 fiscal year. The endowment of Montana Technological University grew 30.7% from the previous year. The value of their endowment was $272k lower than than the median endowment of Baccalaureate Colleges according to the Carnegie Classification grouping.

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

The small bar chart below shows the endowment quintiles for all universities in the Baccalaureate Colleges: Diverse Fields Carnegie Classification grouping.

Salary Expenditure

$27.9M

2021 Salaries

1.17%

growth from 2020

In 2021, Montana Technological University paid a median of $27.9M in salaries, which represents 45.1% of their overall expenditure ($61.8M) and a 1.17% growth from the previous year.

The median for similar Baccalaureate Colleges is 15.1M (38.9% of overall expenditures).

Instructional Salaries

$9.04M

Instructional Salaries

122

Number of Employees

In 2021, Montana Technological University paid a total of $9.04M to 122 employees working as instructors, which represents 32.5% of all salaries paid.

This is compared to a median of $4.92M (32.5%) for similar Baccalaureate Colleges.

Occupations by Share

Professor

Most Common Instructor

36 Employees

Research

Most Common Non-Instructional Employee

44 Employees

In 2021, the most common positions for instructional staff at Montana Technological University were Professor with 36 employees, Instructor with 32 employees, and Associate professor with 32 employees.

In 2021, the most common positions for non-instructional staff at Montana Technological University were Research with 44 employees, Management with 33 employees, and Service with 31 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2021)

Male Professor
Male Instructor
Male Associate professor

In 2021, the most common demographic for instructional staff at Montana Technological University was Male Professor with 25 employees, Male Instructor with 22 employees, and Male Associate professor with 18 employees.

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