Montana Technological University

https://www.mtech.edu

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2024 Undergraduate Tuition

$6,358

4.01% growth from 2023

2024 Average Net Price

$16,665

After Financial Aid

2024 Acceptance Rate

91.1%

1,811 Applicants

2024 Enrolled Students

1,702

85.7% Full-Time

2024 Graduation Rate

58.2%

159 Graduates

About

Montana Technological University is a higher education institution located in Silver Bow County, MT. In 2024, the most popular Bachelors Degree concentrations at Montana Technological University were Registered Nursing (45 degrees awarded), Mechanical Engineering (43 degrees), and Other Management Information Systems & Services (34 degrees).

In 2024, 387 degrees were awarded across all undergraduate and graduate programs at Montana Technological University. 38% of these degrees were awarded to women, and 62% awarded men. The most common race/ethnicity group of degree recipients was white (306 degrees), 23.5 times more than then the next closest race/ethnicity group, hispanic or latino (13 degrees).

The median undergraduate tuition at Montana Technological University is $6,358, which is $−17,642 less than the national average for Masters Colleges and Universities ($24,000).

Masters Colleges & Universities: Small Programs Masters Colleges and Universities

Costs

In 2024, the median undergraduate tuition at Montana Technological University is $6,358, which is $17,642 less than the national average for Masters Colleges and Universities ($24,000).

After taking grants and loans into account, the average net price for students is $16,665.

In 2024, 74% of undergraduate students attending Montana Technological University received financial aid through grants. Comparatively, 39% of undergraduate students received financial aid through loans.

Tuition Costs

$6,358

2024 Undergraduate Tuition

In 2024, the cost of tuition at Montana Technological University was $6,358. The cost of tuition at Montana Technological University is $−17,642 less than than the overall (public and private) national average for Masters Colleges and Universities ($24,000).

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

Average Net Price

$16,665

2024 Value

5.04%

1 Year Growth

In 2024 Montana Technological University had an average net price — the price paid after factoring in grants and loans — of $16,665. Between 2023 and 2024, the average net price of Montana Technological University grew by 5.04%.

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

$11,530

Room and Board

$1,260

Books and Supplies

The average yearly cost of room and board at Montana Technological University was of $11,530 in 2024. The cost of room and board increased by 7.35% between 2023 and 2024.

During the same period, the average yearly cost of books and supplies was $1,260. The cost of books and supplies decreased by 4.55% 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

74%

Undergraduates Receiving Financial Aid through Grants

39%

Undergraduates Receiving Financial Aid through Loans

74% of undergraduate students at Montana Technological University received financial aid through grants or loans in 2024. This represents a growth of 5.71% with respect to 2023, when 70% 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 1,811 undergraduate applications in 2024, which represents a 11.6% annual growth. Out of those 1,811 applicants, 1,649 students were accepted for enrollment, representing a 91.1% acceptance rate.

There were 1,702 students enrolled at Montana Technological University in 2024. 13% of first-time enrollees submitted SAT scores with their applications.

Montana Technological University has an overall enrollment yield of 21.3%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

91.1%

Acceptance Rate in 2024

1,649

Accepted Out of 1,811

In 2024, the undergraduate acceptance rate of Montana Technological University was 91.1% (1,649 admissions from 1,811 applications). This is higher than the acceptance rate of 2023, which was 89.9%. Between 2023 and 2024, the number of applicants grew by 11.6%, while admissions grew by 13%.

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

13%

Submission Percentage (2024)

Scores Submitted (2024)

13% of enrolled first-time students at Montana Technological University in 2024 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 1,702 students in 2024. The full-time enrollment at Montana Technological University is 1,459 students and the part-time enrollment is 243. This means that 85.7% of students enrolled at Montana Technological University are enrolled full-time.

The enrolled student population at Montana Technological University, both undergraduate and graduate, is 75.7% White, 4.7% Hispanic or Latino, 4.64% Two or More Races, 1.82% Asian, 1.59% Black or African American, and 1.53% American Indian or Alaska Native.

Students enrolled at Montana Technological University in full-time Undergraduate programs are most commonly White Male (49.2%), followed by White Female (29.7%) and Hispanic or Latino Male (3.21%). Students enrolled in full-time Graduate programs are most commonly White Male (29.3%), followed by White Female (19%) and Hispanic or Latino Male (5.17%).

Full-Time vs Part-Time Enrollment

85.7%

Full-Time Enrollment

The total enrollment at Montana Technological University in 2024, both undergraduate and graduate, is 1,702 students. The full-time enrollment at Montana Technological University is 1,459 and the part-time enrollment is 243. This means that 85.7% of students enrolled at Montana Technological University are enrolled full-time compared with 67.1% at similar Masters Colleges and Universities.

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

77%

2024 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 77%. Compared with the full-time retention rate at similar Masters Colleges and Universities (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 (2024)

White
1,289 enrolled students
Hispanic or Latino
80 enrolled students
Two or More Races
79 enrolled students

The enrolled student population at Montana Technological University is 75.7% White, 4.7% Hispanic or Latino, 4.64% Two or More Races, 1.82% Asian, 1.59% Black or African American, and 1.53% American Indian or Alaska Native. 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 47.4% White, 18.8% Hispanic or Latino, and 13.6% 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, 122 students (7.17%) did not report their race.

Graduates

In 2024, 93 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 (306 degrees awarded). There were 23.5 times more white recipients than the next closest race/ethnicity group, hispanic or latino (13 degrees).

The most common Bachelor's Degree concentration at Montana Technological University is Registered Nursing (45 degrees awarded), followed by Mechanical Engineering (43 degrees) and Other Management Information Systems & Services (34 degrees).

In 2024, 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 (147 degrees awarded), Physical Sciences (11 degrees), and Biology (27 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 (1,677,536 people), Other managers (1,229,750 people), Accountants & auditors (1,073,896 people), Software developers (718,187 people), and Physicians (617,995 people).

The most specialized majors at Montana Technological University in 2024 are Engineering (147 degrees awarded), Physical Sciences (11 degrees), Biology (27 degrees), Health (108 degrees), and Business (65 degrees) (as of 2024).

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, Podiatrists, Physicians, Securities, commodities, & financial services sales agents, and Magnetic resonance imaging technologists

The most specialized majors at Montana Technological University are Engineering (147 degrees awarded), Physical Sciences (11 degrees), Biology (27 degrees), Health (108 degrees), and Business (65 degrees) (as of 2024).

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 (2,530,456 people), Computer Systems Design (1,154,663 people), Colleges, universities & professional schools, including junior colleges (1,025,495 people), Elementary & secondary schools (999,027 people), and Construction (763,478 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 (2024)

Registered Nursing
45 degrees awarded
Mechanical Engineering
43 degrees awarded
Other Management Information Systems & Services
34 degrees awarded

In 2024, the most common bachelors degree concentration at Montana Technological University was Registered Nursing with 45 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

240

Degrees Awarded to Men

in 2024

147

Degrees Awarded to Women

in 2024

In 2024, 240 degrees were awarded to men at Montana Technological University, which is 1.63 times more than the number of degrees awarded to females (147).

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

Most Common Male Majors

In 2024, 34 degrees were awarded to men at Montana Technological University in Mechanical Engineering, which is 3.78 times more than the 9 female recipients with that same degree.

Most Common Female Majors

In 2024, 36 degrees were awarded to men at Montana Technological University in Registered Nursing, which is 4 times more than the 9 male recipients with that same degree.

Time to Complete

30%

100% Completion Time

57%

150% Completion Time

In 2024, 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, 57% completed their degrees within 150% of the normal time, and 57% 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.

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.

White Female

Highest Graduation Rate (65.2%)

The student demographic with the highest graduation rate in 2024 at Montana Technological University is Female and White (65.2% graduation rate). Across all Masters Colleges and Universities, Asian Female students have the highest graduation rate (75.5%).

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, 8.61% of graduates (13 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2024)

White
306 degrees awarded
Hispanic or Latino
13 degrees awarded
American Indian or Alaska Native
7 degrees awarded

The most common race/ethnicity at Montana Technological University is white (306 degrees awarded). There were 23.5 times more white recipients than the next closest race/ethnicity group, hispanic or latino (13 degrees).

7.75% of degree recipients (30 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2024)

White Male
267 degrees awarded
White Male
251 degrees awarded
White Male
250 degrees awarded

The most common race/ethnicity and sex grouping at Montana Technological University is white male (267 degrees awarded). There were 1.06 times more white male recipients than the next closest race/ethnicity group, white male (251 degrees).

Operations

Montana Technological University has an endowment valued at nearly $85.6M, as of the end of the 2024 fiscal year. The return on its endowment was of 940k (1.1%) compared to the 9.2% average return (4.22M on 45.9M) across all Masters Colleges and Universities.

In 2024, Montana Technological University had a total salary expenditure of 67.7M. Montana Technological University employs 34 Assistant professors, 34 Instructors and 31 Professors. Most academics at Montana Technological University are Male Assistant professor (23), Male Instructor (21), and Male Professor (21).

The most common positions for non-instructional staff at Montana Technological University are: Research, with 63 employees, Management, with 36 employees, and Office and Administrative Support with 29 employees.

Endowment

$85.6M

2024 Endowment

24.2%

growth from 2023

Montana Technological University has an endowment valued at about $85.6M, as of the end of the 2024 fiscal year. The endowment of Montana Technological University grew 24.2% from the previous year. The value of their endowment was $39.8M higher 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 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 Masters Colleges & Universities: Small Programs Carnegie Classification grouping.

Salary Expenditure

$30.5M

2024 Salaries

3.81%

growth from 2023

In 2024, Montana Technological University paid a median of $30.5M in salaries, which represents 45.1% of their overall expenditure ($67.7M) and a 3.81% growth from the previous year. This is compared to a 6.33% growth between 2022 and 2023, and a 0.822% decline between 2021 and 2022.

Instructional Salaries

$9.84M

Instructional Salaries

125

Number of Employees

In 2024, Montana Technological University paid a total of $9.84M to 125 employees working as instructors, which represents 32.3% of all salaries paid.

This is compared to a median of $965k (3.13%) for similar Masters Colleges and Universities.

Occupations by Share

In 2024, the most common positions for non-instructional staff at Montana Technological University were Research with 63 employees, Management with 36 employees, and Office and Administrative Support with 29 employees.

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