Montana Technological University

www.mtech.edu

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2022 Undergraduate Tuition

$5,878

3% growth from 2021

2022 Average Net Price

$16,045

After Financial Aid

2020 Default Rate

on Student Loans

2022 Acceptance Rate

89.5%

1,757 Applicants

2022 Enrolled Students

1,625

85.8% Full-Time

2022 Graduation Rate

56.6%

116 Graduates

About

In 2022, 381 degrees were awarded across all undergraduate and graduate programs at Montana Technological University. 39.4% of these degrees were awarded to women, and 60.6% awarded men. The most common race/ethnicity group of degree recipients was white (291 degrees), 22.4 times more than then the next closest race/ethnicity group, american indian or alaska native (13 degrees).

The median undergraduate tuition at Montana Technological University is $5,878.

In 2020 the default rate for borrower's at Montana Technological University was 0%, corresponding to 0 out of the 477 total borrowers.

Baccalaureate Colleges: Diverse Fields Baccalaureate Colleges

Costs

In 2022, the median undergraduate tuition at Montana Technological University is $5,878

After taking grants and loans into account, the average net price for students is $16,045.

In 2022, 100% of undergraduate students attending Montana Technological University received financial aid through grants. Comparatively, 39% of undergraduate students received financial aid through loans.

Tuition Costs

$5,878

2022 Undergraduate Tuition

In 2022, the cost of tuition at Montana Technological University was $5,878.

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

Average Net Price

$16,045

2022 Value

4.65%

1 Year Growth

In 2022 Montana Technological University had an average net price — the price paid after factoring in grants and loans — of $16,045. Between 2021 and 2022, the average net price of Montana Technological University grew by 4.65%.

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

$10,658

Room and Board

$1,320

Books and Supplies

The average yearly cost of room and board at Montana Technological University was of $10,658 in 2022. The cost of room and board increased by 4.51% between 2021 and 2022.

During the same period, the average yearly cost of books and supplies was $1,320. The cost of books and supplies decreased by 1.49% 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

100%

Undergraduates Receiving Financial Aid through Grants

39%

Undergraduates Receiving Financial Aid through Loans

100% of undergraduate students at Montana Technological University received financial aid through grants or loans in 2022. This represents a growth of 11.1% with respect to 2021, when 90% 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.

2020 Default Rate

Number of Defaults

In 2020 the default rate for borrower's at Montana Technological University was 0%, which represents 0 out of the 477 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 1,757 undergraduate applications in 2022, which represents a 10.2% annual growth. Out of those 1,757 applicants, 1,572 students were accepted for enrollment, representing a 89.5% acceptance rate.

There were 1,625 students enrolled at Montana Technological University in 2022. 14% of first-time enrollees submitted SAT scores with their applications.

Montana Technological University has an overall enrollment yield of 19.5%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

89.5%

Acceptance Rate in 2022

1,572

Accepted Out of 1,757

In 2022, the undergraduate acceptance rate of Montana Technological University was 89.5% (1,572 admissions from 1,757 applications). This is lower than the acceptance rate of 2021, which was 89.8%. Between 2021 and 2022, the number of applicants grew by 10.2%, while admissions grew by 9.78%.

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

14%

Submission Percentage (2022)

Scores Submitted (2022)

14% of enrolled first-time students at Montana Technological University in 2022 submitted SAT scores with their applications.

The following chart shows the average SAT scores for the 25th, 50th, and 75th percentile of applicants for each section of the test that they are evaluated on.

Enrollment

Montana Technological University had a total enrollment of 1,625 students in 2022. The full-time enrollment at Montana Technological University is 1,395 students and the part-time enrollment is 230. This means that 85.8% of students enrolled at Montana Technological University are enrolled full-time.

Students enrolled at Montana Technological University in full-time Undergraduate programs are most commonly White Male (49.8%), followed by White Female (33%) and Hispanic or Latino Male (2.56%). Students enrolled in full-time Graduate programs are most commonly White Male (44.6%), followed by White Female (16.9%) and Asian Female (1.54%).

Full-Time vs Part-Time Enrollment

85.8%

Full-Time Enrollment

The total enrollment at Montana Technological University in 2022, both undergraduate and graduate, is 1,625 students. The full-time enrollment at Montana Technological University is 1,395 and the part-time enrollment is 230.

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

72%

2022 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 72%.

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

Graduates

In 2022, 81 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 (291 degrees awarded). There were 22.4 times more white recipients than the next closest race/ethnicity group, american indian or alaska native (13 degrees).

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 (2022)

Mechanical Engineering
42 degrees awarded
Registered Nursing
42 degrees awarded
Other Management Information Systems & Services
31 degrees awarded

In 2022, the most common bachelors degree concentration at Montana Technological University was Mechanical Engineering with 42 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

231

Degrees Awarded to Men

in 2022

150

Degrees Awarded to Women

in 2022

In 2022, 231 degrees were awarded to men at Montana Technological University, which is 1.54 times more than the number of degrees awarded to females (150).

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

Most Common Male Majors

Most Common Female Majors

Time to Complete

30%

100% Completion Time

56%

150% Completion Time

In 2022, 30% of students graduating from Montana Technological University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 56% completed their degrees within 150% of the normal time, and 58% within 200%.

The following chart shows these completion rates over time compared to the average for the 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.

Hispanic or Latino Female

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2022 at Montana Technological University is Female and Hispanic or Latino (100% graduation rate). Across all , Asian Female students have the highest graduation rate (73.2%).

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, 7.76% of graduates (9 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2022)

White
291 degrees awarded
American Indian or Alaska Native
13 degrees awarded
Hispanic or Latino
9 degrees awarded

The most common race/ethnicity at Montana Technological University is white (291 degrees awarded). There were 22.4 times more white recipients than the next closest race/ethnicity group, american indian or alaska native (13 degrees).

8.14% of degree recipients (31 students) did not report their race.

Operations

Montana Technological University has an endowment valued at nearly $57.4M, as of the end of the 2022 fiscal year.

In 2022, Montana Technological University had a total salary expenditure of 63.6M. Montana Technological University employs 37 Instructors, 32 Professors and 29 Associate professors. Most academics at Montana Technological University are Male Instructor (24), Male Professor (23), and Male Assistant professor (17).

The most common positions for non-instructional staff at Montana Technological University are: Research, with 52 employees, Management, with 35 employees, and Service with 30 employees.

Endowment

$57.4M

2022 Endowment

10.1%

growth from 2021

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 false Carnegie Classification grouping.

Instructional Salaries

$8.85M

Instructional Salaries

122

Number of Employees

In 2022, Montana Technological University paid a total of $8.85M to 122 employees working as instructors, which represents 32% of all salaries paid.

This is compared to a median of $5.04M (32.1%) for similar Baccalaureate Colleges.

Occupations by Share

Instructor

Most Common Instructor

37 Employees

Research

Most Common Non-Instructional Employee

52 Employees

In 2022, the most common positions for instructional staff at Montana Technological University were Instructor with 37 employees, Professor with 32 employees, and Associate professor with 29 employees.

In 2022, the most common positions for non-instructional staff at Montana Technological University were Research with 52 employees, Management with 35 employees, and Service with 30 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2022)

Male Instructor
Male Professor
Male Assistant professor

In 2022, the most common demographic for instructional staff at Montana Technological University was Male Instructor with 24 employees, Male Professor with 23 employees, and Male Assistant professor with 17 employees.

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

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