Montana State University Billings

www.msubillings.edu

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2023 Undergraduate Tuition
$4,805
4% growth from 2022
2023 Average Net Price
$13,252
After Financial Aid
2021 Default Rate
0%
on Student Loans
2023 Enrolled Students
4,092
49.8% Full-Time
2023 Graduation Rate
28.3%
106 Graduates

About

Montana State University Billings is a higher education institution located in Yellowstone County, MT. In 2023, the most popular Bachelors Degree concentrations at Montana State University Billings were General Business (113 degrees awarded), Liberal Arts & Sciences (39 degrees), and Elementary Education & Teaching (34 degrees).

In 2023, 777 degrees were awarded across all undergraduate and graduate programs at Montana State University Billings. 66.9% of these degrees were awarded to women, and 33.1% awarded men. The most common race/ethnicity group of degree recipients was white (635 degrees), 12.7 times more than then the next closest race/ethnicity group, hispanic or latino (50 degrees).

The median undergraduate tuition at Montana State University Billings is $4,805, which is $−19,770 less than the national average for Masters Colleges and Universities ($24,575).

In 2021 the default rate for borrower's at Montana State University Billings was 0%, corresponding to 0 out of the 988 total borrowers.

Masters Colleges & Universities: Medium ProgramsMasters Colleges and Universities

Costs

In 2023, the median undergraduate tuition at Montana State University Billings is $4,805, which is $19,770 less than the national average for Masters Colleges and Universities ($24,575).

After taking grants and loans into account, the average net price for students is $13,252.

In 2023, 70% of undergraduate students attending Montana State University Billings received financial aid through grants. Comparatively, 30% of undergraduate students received financial aid through loans.

Tuition Costs

$4,805
2023 Undergraduate Tuition

In 2023, the cost of tuition at Montana State University Billings was $4,805. The cost of tuition at Montana State University Billings is $−19,770 less than than the overall (public and private) national average for Masters Colleges and Universities ($24,575).

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

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Average Net Price

$13,252
2023 Value
6.13%
1 Year Growth

In 2023 Montana State University Billings had an average net price — the price paid after factoring in grants and loans — of $13,252. Between 2022 and 2023, the average net price of Montana State University Billings grew by 6.13%.

This chart compares the average net price of Montana State University Billings (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

$8,348
Room and Board
$1,530
Books and Supplies

The average yearly cost of room and board at Montana State University Billings was of $8,348 in 2023. The cost of room and board increased by 4.93% between 2022 and 2023.

During the same period, the average yearly cost of books and supplies was $1,530. The cost of books and supplies decreased by 0.649% during the same period.

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

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Financial Aid by Income Level

70%
Undergraduates Receiving Financial Aid through Grants
30%
Undergraduates Receiving Financial Aid through Loans

70% of undergraduate students at Montana State University Billings received financial aid through grants or loans in 2023. This represents a decline of 26.3% with respect to 2022, when 95% of undergraduate students received financial aid.

This chart compares the average award discount at Montana State University Billings (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.
0%
2021 Default Rate
0
Number of Defaults

In 2021 the default rate for borrower's at Montana State University Billings was 0%, which represents 0 out of the 988 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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Enrollment

Montana State University Billings had a total enrollment of 4,092 students in 2023. The full-time enrollment at Montana State University Billings is 2,036 students and the part-time enrollment is 2,056. This means that 49.8% of students enrolled at Montana State University Billings are enrolled full-time.

The enrolled student population at Montana State University Billings, both undergraduate and graduate, is 77.2% White, 6.35% Hispanic or Latino, 5.87% Two or More Races, 4.35% American Indian or Alaska Native, 1% Asian, 0.709% Black or African American, and 0.147% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Montana State University Billings in full-time Undergraduate programs are most commonly White Female (44.4%), followed by White Male (30.4%) and Hispanic or Latino Female (4.45%). Students enrolled in full-time Graduate programs are most commonly White Female (66.7%), followed by White Male (13.5%) and American Indian or Alaska Native Female (3.82%).

Full-Time vs Part-Time Enrollment

49.8%
Full-Time Enrollment

The total enrollment at Montana State University Billings in 2023, both undergraduate and graduate, is 4,092 students. The full-time enrollment at Montana State University Billings is 2,036 and the part-time enrollment is 2,056. This means that 49.8% of students enrolled at Montana State University Billings are enrolled full-time compared with 68.2% at similar Masters Colleges and Universities.

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

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Retention Rate over Time

56%
2023 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 Billings was 56%. Compared with the full-time retention rate at similar Masters Colleges and Universities (74%), Montana State University Billings had a retention rate lower than its peers.

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

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)
  1. White
    3,160 enrolled students
  2. Hispanic or Latino
    260 enrolled students
  3. Two or More Races
    240 enrolled students

The enrolled student population at Montana State University Billings is 77.2% White, 6.35% Hispanic or Latino, 5.87% Two or More Races, 4.35% American Indian or Alaska Native, 1% Asian, 0.709% Black or African American, and 0.147% 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 Masters Colleges and Universities is 50.1% White, 17.7% Hispanic or Latino, and 13.4% 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, 90 students (2.2%) did not report their race.

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Graduates

In 2023, 263 more women than men received degrees from Montana State University Billings. The most common race/ethnicity group of degree recipients at Montana State University Billings is white (635 degrees awarded). There were 12.7 times more white recipients than the next closest race/ethnicity group, hispanic or latino (50 degrees).

The most common Bachelor's Degree concentration at Montana State University Billings is General Business (113 degrees awarded), followed by Liberal Arts & Sciences (39 degrees) and Elementary Education & Teaching (34 degrees).

In 2023,  the most specialized majors across all degree types at Montana State University Billings, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Precision Production (28 degrees awarded), Education (141 degrees), and Parks, Recreation, & Leisure (21 degrees).

Common Jobs by Major

Elementary & middle school teachers
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 Billings are Elementary & middle school teachers (1,576,492 people), Registered nurses (1,528,408 people), Secondary school teachers (525,794 people), Other managers (313,840 people), and Education administrators (306,997 people).

The most specialized majors at Montana State University Billings in 2023 are Precision Production (28 degrees awarded), Education (141 degrees), Parks, Recreation, & Leisure (21 degrees), Engineering Technologies (20 degrees), and Communications (23 degrees) (as of 2023).

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Highest Paying Jobs by Major

Cardiovascular technologists and technicians
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 Billings are Cardiovascular technologists and technicians, Surgeons, Tool & die makers, Physicians, and Nuclear medicine technologists and medical dosimetrists

The most specialized majors at Montana State University Billings are Precision Production (28 degrees awarded), Education (141 degrees), Parks, Recreation, & Leisure (21 degrees), Engineering Technologies (20 degrees), and Communications (23 degrees) (as of 2023).

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Common Industries by Major

Elementary & secondary schools
Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Montana State University Billings are Elementary & secondary schools (3,057,211 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (1,752,075 people), uninformed (759,003 people), Colleges, universities & professional schools, including junior colleges (482,591 people), and Outpatient care centers (361,486 people).

The most specialized majors at Montana State University Billings are Precision Production (28 degrees awarded), Education (141 degrees), Parks, Recreation, & Leisure (21 degrees), Engineering Technologies (20 degrees), and Communications (23 degrees) (as of 2023).

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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 Billings.
Most Common (2023)
  1. General Business
    113 degrees awarded
  2. Liberal Arts & Sciences
    39 degrees awarded
  3. Elementary Education & Teaching
    34 degrees awarded

In 2023, the most common bachelors degree concentration at Montana State University Billings was General Business with 113 degrees awarded.

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

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Sex Breakdown for Common Majors

257
Degrees Awarded to Men
in 2023
520
Degrees Awarded to Women
in 2023

In 2023, 257 degrees were awarded to men at Montana State University Billings, which is 0.494 times less than the number of degrees awarded to females (520).

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

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Most Common Male Majors

In 2023, 50 degrees were awarded to men at Montana State University Billings in General Business, which is 0.725 times less than the 69 female recipients with that same degree.

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Most Common Female Majors

In 2023, 69 degrees were awarded to men at Montana State University Billings in General Business, which is 1.38 times more than the 50 male recipients with that same degree.

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Time to Complete

14%
100% Completion Time
25%
150% Completion Time

In 2023, 14% of students graduating from Montana State University Billings completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 25% completed their degrees within 150% of the normal time, and 28% within 200%.

The following chart shows these completion rates over time compared to the average for the Masters Colleges and 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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Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.
Asian Female
Highest Graduation Rate (75%)

The student demographic with the highest graduation rate in 2023 at Montana State University Billings is Female and Asian (75% graduation rate). Across all Masters Colleges and Universities, Asian Female students have the highest graduation rate (74.3%).

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, 0.943% of graduates (1 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2023)
  1. White
    635 degrees awarded
  2. Hispanic or Latino
    50 degrees awarded
  3. Two or More Races
    31 degrees awarded

The most common race/ethnicity at Montana State University Billings is white (635 degrees awarded). There were 12.7 times more white recipients than the next closest race/ethnicity group, hispanic or latino (50 degrees).

1.16% of degree recipients (9 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic (2023)
  1. White Female
    434 degrees awarded
  2. White Male
    201 degrees awarded
  3. Hispanic or Latino Female
    34 degrees awarded

The most common race/ethnicity and sex grouping at Montana State University Billings is white female (434 degrees awarded). There were 2.16 times more white female recipients than the next closest race/ethnicity group, white male (201 degrees).

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Operations

Montana State University Billings has an endowment valued at nearly $32.6M, as of the end of the 2023 fiscal year. The return on its endowment was of 1.61M (4.94%) compared to the 5.72% average return (2.84M on 49.7M) across all Masters Colleges and Universities.

In 2023, Montana State University Billings had a total salary expenditure of 63.5M. Montana State University Billings employs 48 Lecturers, 44 Assistant professors and 24 Associate professors. Most academics at Montana State University Billings are Female Lecturer (28), Female Assistant professor (24), and Male Assistant professor (20).

The most common positions for non-instructional staff at Montana State University Billings are: Management, with 90 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 53 employees, and Service with 37 employees.

Endowment

$32.6M
2023 Endowment
8.79%
growth from 2022

Montana State University Billings has an endowment valued at about $32.6M, as of the end of the 2023 fiscal year. The endowment of Montana State University Billings grew 8.79% from the previous year. The value of their endowment was $17.1M lower than than the median endowment of Masters Colleges and Universities according to the Carnegie Classification grouping.

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

The small bar chart below shows the endowment quintiles for all universities in the Masters Colleges & Universities: Medium Programs Carnegie Classification grouping.

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Salary Expenditure

$26.4M
2023 Salaries
8.89%
growth from 2022

In 2023, Montana State University Billings paid a median of $26.4M in salaries, which represents 41.6% of their overall expenditure ($63.5M) and a 8.89% growth from the previous year. This is compared to a 4.93% decline between 2021 and 2022, and a 0.162% growth between 2020 and 2021.

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Instructional Salaries

$9.16M
Instructional Salaries
145
Number of Employees

In 2023, Montana State University Billings paid a total of $9.16M to 145 employees working as instructors, which represents 34.7% of all salaries paid.

This is compared to a median of $1.12M (2.97%) for similar Masters Colleges and Universities.

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Occupations by Share

Lecturer
Most Common Instructor
48 Employees
Management
Most Common Non-Instructional Employee
90 Employees

In 2023, the most common positions for instructional staff at Montana State University Billings were Lecturer with 48 employees, Assistant professor with 44 employees, and Associate professor with 24 employees.

In 2023, the most common positions for non-instructional staff at Montana State University Billings were Management with 90 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 53 employees, and Service with 37 employees.

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Instructors by Academic Rank and Sex

Most Common Demographic (2023)
  1. Female Lecturer
  2. Female Assistant professor
  3. Male Assistant professor

In 2023, the most common demographic for instructional staff at Montana State University Billings was Female Lecturer with 28 employees, Female Assistant professor with 24 employees, and Male Assistant professor with 20 employees.

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

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