Montana Technological University

https://www.mtech.edu

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2019 Undergraduate Tuition

$5,707

0% growth from 2018

2019 Average Net Price

$13,547

After Financial Aid

2019 Acceptance Rate

91%

940 Applicants

2019 Enrolled Students

1,714

83.6% Full-Time

2018 Graduation Rate

51.5%

123 Graduates

About

Montana Technological University is a higher education institution located in Silver Bow County, MT. In 2016, the most popular Bachelor's Degree concentrations at Montana Technological University were General Engineering (75 degrees awarded), Petroleum Engineering (65 degrees), and Mechanical Engineering (59 degrees).

In 2019, 551 degrees were awarded across all undergraduate and graduate programs at Montana Technological University. 31.4% of these degrees were awarded to women, and 68.6% awarded men. The most common race/ethnicity group of degree recipients was white (391 degrees), 9.78 times more than then the next closest race/ethnicity group, unknown (40 degrees).

The median undergraduate tuition at Montana Technological University is $5,707, which is $-21,573 less than the national average for Baccalaureate Colleges ($27,280).

Baccalaureate Colleges: Diverse Fields Baccalaureate Colleges

Costs

The median undergraduate tuition at Montana Technological University is $5,707, which is $-21,573 less than the national average for Baccalaureate Colleges ($27,280).

After taking grants and loans into account, the average net price for students is $13,547.

In 2019, 67% of undergraduate students received federal grants, while 40% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$5,707

2019 Undergraduate Tuition

In 2019, the cost of tuition at Montana Technological University was $5,707. The cost of tuition at Montana Technological University is $-21,573 less than than the overall (public and private) national average for Baccalaureate Colleges ($27,280).

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

Average Net Price

$13,547

2019 Value

0.244%

1 Year Growth

In 2019 Montana Technological University had an average net price — the price paid after factoring in grants and loans — of $13,547. Between 2018 and 2019, the average net price of Montana Technological University grew by 0.244%.

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

$9,656

Room and Board

$1,350

Books and Supplies

The average yearly cost of room and board at Montana Technological University was of $9,656 in 2019. During the same period, the average yearly cost of books and supplies was $1,350. The cost of room and board increased by 3.95% between 2018 and 2019. The cost of books and supplies increased by 22.7% during the same period.

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

Financial Aid

Financial Aid by Income Level

67%

Of Undergraduates Receive Grants

40%

Of Undergraduates Receive Federal Loans

67% of undergraduate students at Montana Technological University received grants or loans in 2019. This represents a growth of 1.52% with respect to 2018, when 66% 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.

Admissions

Montana Technological University received 940 undergraduate applications in 2019, which represents a 36% annual growth. Out of those 940 applicants, 855 students were accepted for enrollment, representing a 91% acceptance rate.

There were 1,714 students enrolled at Montana Technological University in 2019, and 16% of first-time enrollees submitted SAT scores with their applications.

Montana Technological University has an overall enrollment yield of 32.2%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

91%

Acceptance Rate in 2019

855

Accepted Out of 940

In 2019, the undergraduate acceptance rate of Montana Technological University was 91% (855 admissions from 940 applications). This is lower than the acceptance rate of 2018, which was 91.8%. Between 2018 and 2019, the number of applicants grew by 36%, while admissions grew by 34.9%.

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

SAT Scores

16%

Submission Percentage

Scores Submitted

16% of enrolled first-time students at Montana Technological University in 2019 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 has a total enrollment of 1,714 students. The full-time enrollment at Montana Technological University is 1,433 students and the part-time enrollment is 281. This means that 83.6% of students enrolled at Montana Technological University are enrolled full-time.

The enrolled student population at Montana Technological University, both undergraduate and graduate, is 78.1% White, 2.04% American Indian or Alaska Native, 1.69% Hispanic or Latino, 1.17% Asian, 1.05% Black or African American, 0.292% Two or More Races, and 0% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Montana Technological University in full-time Undergraduate programs are most commonly White Male (49.1%), followed by White Female (30.2%) and Hispanic or Latino Male (1.24%). Students enrolled in full-time Graduate programs are most commonly White Male (45.3%), followed by White Female (20.3%) and Asian Female (1.56%).

Full-Time vs Part-Time Enrollment

83.6%

Full-Time Enrollment

The total enrollment at Montana Technological University, both undergraduate and graduate, is 1,714 students. The full-time enrollment at Montana Technological University is 1,433 and the part-time enrollment is 281. This means that 83.6% of students enrolled at Montana Technological University are enrolled full-time compared with 81.1% 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

79%

2019 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 79%. Compared with the full-time retention rate at similar Baccalaureate Colleges (73%), 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

White
1,338
American Indian or Alaska Native
35
Hispanic or Latino
29

The enrolled student population at Montana Technological University is 78.1% White, 2.04% American Indian or Alaska Native, 1.69% Hispanic or Latino, 1.17% Asian, 1.05% Black or African American, 0.292% Two or More Races, and 0% 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 Baccalaureate Colleges is 55% White, 14% Black or African American, and 13.1% 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, 149 students (8.69%) did not report their race.

Graduates

In 2019, 205 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 (391 degrees awarded). There were 9.78 times more white graduates than the next closest race/ethnicity group, unknown (40 degrees).

The most common Bachelor's Degree concentration at Montana Technological University is General Engineering (75 degrees awarded), followed by Petroleum Engineering (65 degrees) and Mechanical Engineering (59 degrees).

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 (311 degrees awarded), Physical Sciences (17 degrees), and Math & Statistics (7 degrees).

Workforce

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 (1,407,903 people), Software developers (515,181 people), Other managers (459,087 people), Miscellaneous engineers, including nuclear engineers (353,777 people), and Postsecondary teachers (315,580 people).

The most specialized majors at Montana Technological University are Engineering (311 degrees awarded), Physical Sciences (17 degrees), Math & Statistics (7 degrees), English (8 degrees), and Health (122 degrees).

Highest Paying Jobs by Major

Surgeons

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 Surgeons, Other financial specialists, Cardiovascular technologists and technicians, Physicians, and Architectural & engineering managers

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 (1,610,672 people), Colleges, universities & professional schools, including junior colleges (601,798 people), Elementary & secondary schools (590,595 people), Computer Systems Design (575,957 people), and Architectural, engineering & related services (460,918 people).

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

General Engineering
75 degree-majorss awarded
Petroleum Engineering
65 degree-majorss awarded
Mechanical Engineering
59 degree-majorss awarded

In 2019, the most common bachelors degree concentration at Montana Technological University was General Engineering with 75 degrees awarded.

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

Gender Breakdown for Common Majors

378

Degrees Awarded to Men

in 2019

173

Degrees Awarded to Women

in 2019

In 2019, 378 degrees were awarded to men at Montana Technological University, which is 2.18 times more than the number of degrees awarded to females (173).

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

Most Common Male Majors

In 2019, 66 degrees were awarded to men at Montana Technological University in General Engineering, which is 5.5 times more than the 12 female recipients with that same degree.

Most Common Female Majors

In 2019, 41 degrees were awarded to women at Montana Technological University in Registered Nursing, which is 10.3 times more than the 4 male recipients with that same degree.

Time to Complete

18%

100% Completion Time

42%

150% Completion Time

In 2019, 18% of students graduating from Montana Technological University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 42% completed their degrees within 150% of the normal time, and 46% 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.

Diversity

Graduation Rate by Race and Gender

Showing demographic groups with ≥ 5 graduating students.

Hispanic or Latino Male

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate at Montana Technological University is Male and Hispanic or Latino (100% graduation rate). Across all Baccalaureate Colleges, Asian Female students have the highest graduation rate (69.1%).

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, 1.63% of graduates (2 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity

White
391 degrees awarded
Unknown
40 degrees awarded
Hispanic or Latino
11 degrees awarded

The most common race/ethnicity at Montana Technological University is white (391 degrees awarded). There were 9.78 times more white recipients than the next closest race/ethnicity group, unknown (40 degrees).

7.26% of degree recipients (40 students) did not report their race.

Race & Ethnicity by Gender

Most Common Gender Demographic

White Male
251 degrees awarded
White Female
140 degrees awarded
Black or African American Male
8 degrees awarded

The most common race/ethnicity and gender grouping at Montana Technological University is white male (251 degrees awarded). There were 1.79 times more white male recipients than the next closest race/ethnicity group, white female (140 degrees).

Operations

Montana Technological University has an endowment valued at nearly $45.7M, as of the end of the 2019 fiscal year. The return on its endowment was of $622k (1.36%), compared to the 3.99% average return ($1.62M on $40.7M) across all Baccalaureate Colleges.

In 2019, Montana Technological University had a total salary expenditure of $60.4M. Montana Technological University employs 37 Professors, 36 Assistant professors, and 33 Instructors. Most academics at Montana Technological University are Male Professors (26), Male Assistant professors(22), and Male Associate professors (19).

The most common positions for non-instructional staff at Montana Technological University are: Service, with 45 employees, Computer, Engineering, and Science, with 33 employees, and Management with 32 employees.

Finances

Endowment

$45.7M

2019 Endowment

3.35%

growth from 2018

Montana Technological University has an endowment valued at about $45.7M, as of the end of the 2019 fiscal year. The endowment of Montana Technological University grew 3.35% from the previous year. The value of their endowment was $5.03M higher 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.

Government Grants and Contracts

Grants & Contracts

$6.83M - Federal
$1.77M - State
$0 - Local

As of 2019, Montana Technological University received $6.83M in grants and contracts from the federal government, $1.77M from state grants and contracts, and $0 from local grants and contracts.

Expenses

Salary Expenditure

$28M

2019 Salaries

2.94%

decline from 2018

In 2019, Montana Technological University paid a median of $28M in salaries, which represents 46.4% of their overall expenditure ($60.4M) and a 2.94% decline from the previous year. This is compared to a 1.22% decline from 2017 and a 4.11% growth from 2016.

The median for similar Baccalaureate Colleges is 15.5M (41% of overall expenditures).

Instructional Salaries

$9.58M

Instructional Salaries

136

Number of Employees

In 2019, Montana Technological University paid a total of $9.58M to 136 employees working as instructors, which represents 34.2% of all salaries paid.

This is compared to a median of $4.89M (31.6%) for similar Baccalaureate Colleges.

Faculty and Staff

Occupations by Share

Professor

Most Common Instructor

37 Employees

Service

Most Common Non-Instructional Employee

45 Employees

In 2019, the most common positions for instructional staff at Montana Technological University were Professor with 37 employees; Assistant professor with 36 employees; and Assistant professor with 33 employees.

In 2019, the most common positions for non-instructional staff at Montana Technological University were Service with 45 employees; Computer, Engineering, and Science with 33 employees; and Management with 32 employees.

Instructors by Academic Rank and Gender

Most Common Demographic

Male Professor
Male Assistant professor
Male Associate professor

In 2019, the most common demographic for instructional staff at Montana Technological University was Male Professor with 26 employees, Male Assistant professor with 22 employees, and Male Associate professor with 19 employees.

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

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