The University of Montana

www.umt.edu

2024 Undergraduate Tuition

$5,964

3.97% growth from 2023

2024 Average Net Price

$17,370

After Financial Aid

2023 Default Rate

0.46%

on Student Loans

2024 Acceptance Rate

95.9%

9,576 Applicants

2024 Enrolled Students

10,811

70.4% Full-Time

2024 Graduation Rate

49.2%

541 Graduates

Costs

In 2024, the median undergraduate tuition at The University of Montana is $5,964, which is $25,956 less than the national average for Doctoral Universities ($31,920).

After taking grants and loans into account, the average net price for students is $17,370.

In 2024, 66% of undergraduate students attending The University of Montana received financial aid through grants. Comparatively, 41% of undergraduate students received financial aid through loans.

Tuition Costs

$5,964

2024 Undergraduate Tuition

In 2024, the cost of tuition at The University of Montana was $5,964. The cost of tuition at The University of Montana is $−25,956 less than than the overall (public and private) national average for Doctoral Universities ($31,920).

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

Average Net Price

$17,370

2024 Value

2.28%

1 Year Growth

In 2024 The University of Montana had an average net price — the price paid after factoring in grants and loans — of $17,370. Between 2023 and 2024, the average net price of The University of Montana grew by 2.28%.

This chart compares the average net price of The University of Montana (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

$12,192

Room and Board

$1,100

Books and Supplies

The average yearly cost of room and board at The University of Montana was of $12,192 in 2024. The cost of room and board increased by 5.03% between 2023 and 2024.

During the same period, the average yearly cost of books and supplies was $1,100. The cost of books and supplies did not change during the same period.

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

Financial Aid by Income Level

66%

Undergraduates Receiving Financial Aid through Grants

41%

Undergraduates Receiving Financial Aid through Loans

66% of undergraduate students at The University of Montana received financial aid through grants or loans in 2024. This represents a decline of 1.49% with respect to 2023, when 67% of undergraduate students received financial aid.

This chart compares the average award discount at The University of Montana (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.

0.46%

2023 Default Rate

Number of Defaults

In 2023 the default rate for borrower's at The University of Montana was 0.46%, which represents 9 out of the 1955 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.

Enrollment

The University of Montana had a total enrollment of 10,811 students in 2024. The full-time enrollment at The University of Montana is 7,607 students and the part-time enrollment is 3,204. This means that 70.4% of students enrolled at The University of Montana are enrolled full-time.

The enrolled student population at The University of Montana, both undergraduate and graduate, is 68.1% White, 11.7% Two or More Races, 5.71% Hispanic or Latino, 5.47% Asian, 3.16% American Indian or Alaska Native, 1.09% Black or African American, and 0.111% Native Hawaiian or Other Pacific Islanders.

Students enrolled at The University of Montana in full-time Undergraduate programs are most commonly White Female (40.1%), followed by White Male (30.3%) and Two or More Races Female (8.05%). Students enrolled in full-time Graduate programs are most commonly White Female (44.1%), followed by White Male (22.8%) and Two or More Races Female (4.01%).

Full-Time vs Part-Time Enrollment

70.4%

Full-Time Enrollment

The total enrollment at The University of Montana in 2024, both undergraduate and graduate, is 10,811 students. The full-time enrollment at The University of Montana is 7,607 and the part-time enrollment is 3,204. This means that 70.4% of students enrolled at The University of Montana are enrolled full-time compared with 77.3% at similar Doctoral Universities.

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

Retention Rate over Time

75%

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 The University of Montana was 75%. Compared with the full-time retention rate at similar Doctoral Universities (82%), The University of Montana had a retention rate lower than its peers.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2024)

White
7,366 enrolled students
Two or More Races
1,264 enrolled students
Hispanic or Latino
617 enrolled students

The enrolled student population at The University of Montana is 68.1% White, 11.7% Two or More Races, 5.71% Hispanic or Latino, 5.47% Asian, 3.16% American Indian or Alaska Native, 1.09% Black or African American, and 0.111% 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 Doctoral Universities is 46.2% White, 16.3% Hispanic or Latino, and 10.4% 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, 318 students (2.94%) did not report their race.

Graduates

In 2024, 678 more women than men received degrees from The University of Montana. The most common race/ethnicity group of degree recipients at The University of Montana is white (2,021 degrees awarded). There were 9.49 times more white recipients than the next closest race/ethnicity group, asian (213 degrees).

The most common Professional Doctorate concentration at The University of Montana is Physical Therapy (273 degrees awarded), followed by Law (81 degrees) and Pharmacy (44 degrees).

In 2024, the most specialized majors across all degree types at The University of Montana, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Natural Resources & Conservation (183 degrees awarded), Legal (113 degrees), and History (50 degrees).

Common Jobs by Major

Lawyers, & judges, magistrates, & other judicial workers

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at The University of Montana are Lawyers, & judges, magistrates, & other judicial workers (496,833 people), Other managers (357,420 people), Elementary & middle school teachers (248,321 people), Postsecondary teachers (190,179 people), and Secondary school teachers (170,667 people).

The most specialized majors at The University of Montana in 2024 are Natural Resources & Conservation (183 degrees awarded), Legal (113 degrees), History (50 degrees), Social Sciences (201 degrees), and English (53 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 The University of Montana are Surgeons, Diagnostic medical sonographers, Magnetic resonance imaging technologists, Securities, commodities, & financial services sales agents, and Physicians

The most specialized majors at The University of Montana are Natural Resources & Conservation (183 degrees awarded), Legal (113 degrees), History (50 degrees), Social Sciences (201 degrees), and English (53 degrees) (as of 2024).

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 The University of Montana are Elementary & secondary schools (639,485 people), Colleges, universities & professional schools, including junior colleges (441,636 people), Legal services (405,181 people), Computer Systems Design (270,487 people), and Justice, public order, & safety activities (233,860 people).

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by The University of Montana.

Most Common (2024)

General Legal Studies
15 degrees awarded
Computer Support Specialist
8 degrees awarded
Carpenter
7 degrees awarded

In 2024, the most common 1 to 2 year postsecondary certificate concentration at The University of Montana was General Legal Studies with 15 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from 1 to 2 year postsecondary certificate programs at The University of Montana according to their major.

Sex Breakdown for Common Majors

1,109

Degrees Awarded to Men

in 2024

1,787

Degrees Awarded to Women

in 2024

In 2024, 1,109 degrees were awarded to men at The University of Montana, which is 0.621 times less than the number of degrees awarded to females (1,787).

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

Most Common Male Majors

In 2024, 97 degrees were awarded to men at The University of Montana in Physical Therapy, which is 0.551 times less than the 176 female recipients with that same degree.

Most Common Female Majors

In 2024, 176 degrees were awarded to men at The University of Montana in Physical Therapy, which is 1.81 times more than the 97 male recipients with that same degree.

Time to Complete

29%

100% Completion Time

47%

150% Completion Time

In 2024, 29% of students graduating from The University of Montana completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 47% completed their degrees within 150% of the normal time, and 49% within 200%.

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

Two or More Races Female

Highest Graduation Rate (58.3%)

The student demographic with the highest graduation rate in 2024 at The University of Montana is Female and Two or More Races (58.3% graduation rate). Across all Doctoral 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.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2024)

White
2,021 degrees awarded
Asian
213 degrees awarded
Two or More Races
180 degrees awarded

The most common race/ethnicity at The University of Montana is white (2,021 degrees awarded). There were 9.49 times more white recipients than the next closest race/ethnicity group, asian (213 degrees).

4.32% of degree recipients (125 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2024)

White Female
1,621 degrees awarded
White Female
1,552 degrees awarded
White Female
1,541 degrees awarded

The most common race/ethnicity and sex grouping at The University of Montana is white female (1,621 degrees awarded). There were 1.04 times more white female recipients than the next closest race/ethnicity group, white female (1,552 degrees).

Operations

The University of Montana has an endowment valued at nearly $287M, as of the end of the 2024 fiscal year. The return on its endowment was of 7.84M (2.73%) compared to the 9.4% average return (23.7M on 252M) across all Doctoral Universities.

In 2024, The University of Montana had a total salary expenditure of 426M. The University of Montana employs 196 Professors, 105 Assistant professors and 96 Associate professors. Most academics at The University of Montana are Male Professor (124), Female Professor (72), and Female Assistant professor (66).

The most common positions for non-instructional staff at The University of Montana are: Management, with 431 employees, Computer, Engineering, and Science, with 264 employees, and Service with 172 employees.

Endowment

$287M

2024 Endowment

12.6%

growth from 2023

The University of Montana has an endowment valued at about $287M, as of the end of the 2024 fiscal year. The endowment of The University of Montana grew 12.6% from the previous year. The value of their endowment was $35.3M higher than than the median endowment of Doctoral Universities according to the Carnegie Classification grouping.

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

The small bar chart below shows the endowment quintiles for all universities in the Doctoral Universities: Highest Research Activity Carnegie Classification grouping.

Salary Expenditure

$199M

2024 Salaries

8.8%

growth from 2023

In 2024, The University of Montana paid a median of $199M in salaries, which represents 46.8% of their overall expenditure ($426M) and a 8.8% growth from the previous year. This is compared to a 8.31% growth between 2022 and 2023, and a 4.17% growth between 2021 and 2022.

Instructional Salaries

$41.5M

Instructional Salaries

437

Number of Employees

In 2024, The University of Montana paid a total of $41.5M to 437 employees working as instructors, which represents 20.8% of all salaries paid.

This is compared to a median of $4.1M (2.29%) for similar Doctoral Universities.

Occupations by Share

In 2024, the most common positions for non-instructional staff at The University of Montana were Management with 431 employees, Computer, Engineering, and Science with 264 employees, and Service with 172 employees.

The University of Montana

About

The University of Montana

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About

Costs

Tuition Costs

Average Net Price

Other Student Expenses

Financial Aid by Income Level

Student Loan Default Rate

Admissions

Acceptance Rate

SAT Scores

Enrollment

Full-Time vs Part-Time Enrollment

Retention Rate over Time

Enrollment by Race & Ethnicity

Graduates

Common Jobs by Major

Highest Paying Jobs by Major

Common Industries by Major

Majors Awarded

Sex Breakdown for Common Majors

Most Common Male Majors

Most Common Female Majors

Time to Complete

Graduation Rate by Race and Sex

Race & Ethnicity by Share

Race & Ethnicity by Sex

Operations

Endowment

Salary Expenditure

Instructional Salaries

Occupations by Share

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