Montana Technological University

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2022 Undergraduate Tuition
$5,878
3% growth from 2021
2022 Average Net Price
$16,045
After Financial Aid
2019 Default Rate
2.82%
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

Montana Technological University is a higher education institution located in Silver Bow County, MT. In 2022, the most popular Masters Degree concentrations at Montana Technological University were Occupational Health & Industrial Hygiene (43 degrees awarded), Other Geological & Earth Sciences (9 degrees), and General Engineering (8 degrees).

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, which is $−22,452 less than the national average for Baccalaureate Colleges ($28,330).

Costs

In 2022, the median undergraduate tuition at Montana Technological University is $5,878, which is $−22,452 less than the national average for Baccalaureate Colleges ($28,330).

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. The cost of tuition at Montana Technological University is $−22,452 less than than the overall (public and private) national average for Baccalaureate Colleges ($28,330).

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

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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.

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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.

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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.

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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.
2.82%
2019 Default Rate
15
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.

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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.

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SAT Scores

14%
Submission Percentage (2022)
43
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.

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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.

The enrolled student population at Montana Technological University, both undergraduate and graduate, is 80% White, 4% Hispanic or Latino, 1.85% Two or More Races, 1.78% Asian, 1.6% American Indian or Alaska Native, and 1.23% Black or African American.

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 means that 85.8% of students enrolled at Montana Technological University are enrolled full-time compared with 79.6% 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.

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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%. Compared with the full-time retention rate at similar Baccalaureate Colleges (72%), Montana Technological University had a retention rate approximately the same as its peers.

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

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2022)
  1. White
    1,300 enrolled students
  2. Hispanic or Latino
    65 enrolled students
  3. Two or More Races
    30 enrolled students

The enrolled student population at Montana Technological University is 80% White, 4% Hispanic or Latino, 1.85% Two or More Races, 1.78% Asian, 1.6% American Indian or Alaska Native, and 1.23% Black or African American. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Baccalaureate Colleges is 54.3% White, 13.8% Hispanic or Latino, and 13.1% 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, 112 students (6.89%) did not report their race.

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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).

The most common Masters Degree concentration at Montana Technological University is Occupational Health & Industrial Hygiene (43 degrees awarded), followed by Other Geological & Earth Sciences (9 degrees) and General Engineering (8 degrees).

In 2022,  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 (162 degrees awarded), Physical Sciences (14 degrees), and Biology (23 degrees).

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 Technological University are Registered nurses (1,488,598 people), Physicians (593,677 people), Software developers (546,566 people), Other managers (527,783 people), and Miscellaneous engineers, including nuclear engineers (378,845 people).

The most specialized majors at Montana Technological University in 2022 are Engineering (162 degrees awarded), Physical Sciences (14 degrees), Biology (23 degrees), Math & Statistics (6 degrees), and Health (113 degrees) (as of 2022).

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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 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 (162 degrees awarded), Physical Sciences (14 degrees), Biology (23 degrees), Math & Statistics (6 degrees), and Health (113 degrees) (as of 2022).

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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 Technological University are General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (2,066,253 people), Colleges, universities & professional schools, including junior colleges (726,676 people), Computer Systems Design (626,217 people), Elementary & secondary schools (569,882 people), and Architectural, engineering & related services (496,614 people).

The most specialized majors at Montana Technological University are Engineering (162 degrees awarded), Physical Sciences (14 degrees), Biology (23 degrees), Math & Statistics (6 degrees), and Health (113 degrees) (as of 2022).

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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 Technological University.
Most Common (2022)
  1. 42 degrees awarded
  2. 42 degrees awarded
  3. 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.

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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.

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Most Common Male Majors

In 2022, 38 degrees were awarded to men at Montana Technological University in Occupational Health & Industrial Hygiene, which is 1.52 times more than the 25 female recipients with that same degree.

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Most Common Female Majors

In 2022, 38 degrees were awarded to men at Montana Technological University in Registered Nursing, which is 9.5 times more than the 4 male recipients with that same degree.

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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 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.

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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 Baccalaureate Colleges, 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.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2022)
  1. White
    291 degrees awarded
  2. American Indian or Alaska Native
    13 degrees awarded
  3. 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.

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Race & Ethnicity by Sex

Most Common Sex Demographic (2022)
  1. White Male
    172 degrees awarded
  2. White Female
    119 degrees awarded
  3. American Indian or Alaska Native Female
    7 degrees awarded

The most common race/ethnicity and sex grouping at Montana Technological University is white male (172 degrees awarded). There were 1.45 times more white male recipients than the next closest race/ethnicity group, white female (119 degrees).

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Operations

Montana Technological University has an endowment valued at nearly $57.4M, as of the end of the 2022 fiscal year. The return on its endowment was of 50k (0.0871%) compared to the 0.58% average return (286k on 49.3M) across all Baccalaureate Colleges.

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

Montana Technological University has an endowment valued at about $57.4M, as of the end of the 2022 fiscal year. The endowment of Montana Technological University grew 10.1% from the previous year. The value of their endowment was $8.09M 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.

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Salary Expenditure

$27.6M
2022 Salaries
0.822%
decline from 2021

In 2022, Montana Technological University paid a median of $27.6M in salaries, which represents 43.5% of their overall expenditure ($63.6M) and a 0.822% decline from the previous year.

The median for similar Baccalaureate Colleges is 15.7M (37.9% of overall expenditures).

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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.

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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.

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Instructors by Academic Rank and Sex

Most Common Demographic (2022)
  1. Male Instructor
  2. Male Professor
  3. 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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