$4,347

Avg. Federal Grant

$5,126

Avg. Federal Loan

$7,031,019

Total Aid Awarded

Montana Tech of the University of Montana Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

66%

Total Aid Amount Average Total Aid Awarded per year.

$7.031M

Financial Aid Official Website

https://www.mtech.edu/financial-aid/

It is interesting to note that, every year, around 91% of students at MTU receive some kind of financial aid, while the total amount of assistance/loans provided is $4,019,237. The total percentage of candidates applying to Montana Technological University who receive the Federal Grant is 28%. On the other hand, 79% of the candidates get the Student Grant, 68% receive the Institution Grant, and 28% get the Pell Grant. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,477. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. However, student loans attract a certain rate of interest at which the funds are borrowed. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At Montana Technological University, the percentage of candidates who opt to avail of student loans is around 41%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

28%

State Grant Aid

1%

Institution Grant Aid

75%

Pell Grant

28%

Average Aid Awarded

Federal Grant Aid

$4,347

State Grant Aid

$2,000

Institution Grant Aid

$4,728

Pell Grant

$4,249

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$9,187

$30,001 - $48,000

$7,705

$48,001 - $75,000

$5,216

$75,001 - $110,000

$2,660

Over $110,000

$2,938

Student Loans for Montana Tech of the University of Montana

Average Loan Amount Average Loan Amount received per year.

$5,352/Year

Students Taking Out Loans

43%

Loan Default Rate

11.4%

Other Colleges In Montana

Aaniiih Nakoda College, which is located in Harlem, Montana is a public university. The foundation of Aaniiih Nakoda College was laid down in the year 1984. Taking into account all the courses offered at Aaniiih Nakoda College, the total enrolment stands at 131. The school has an academic staff o

Harlem, Montana 2 years Public

There is a public university in Miles City, MT called Miles Community College. In 1939, Miles Community College was founded. Across all the courses offered at Miles Community College, the enrolment stands at 567. The school has an academic staff of 47 who teach various courses to the students. At

Miles City, Montana 2 years Public


Online Education at MSU

The university has extended its education from the traditional setting to the online environment with the latest technology implementati

Bozeman, Montana 4 years Public

Other Colleges In Butte

#N/A

Butte, Montana 2 years Public

Other Public Colleges

The combination of rich history, scenic campus, being a part of Abraham Lincoln’s land-grant experiment and the Cyclone experiment which is aimed at creating an inventive and progressive spirit is what makes the university unique. The retention rate of the ISU is 88% for full-time students

Ames, Iowa 4 years Public

Port Charlotte, Florida 2 years Public