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All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Montana Technological University since 2011.
For that period, the average number of students who received grants aid/scholarships is 1,204, which is 71.18 % of all undergraduate students. 747 students which is 43.09% of undergraduate students received federal student loans and the average loan amount is $6,607.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-121,194 (62%)$5,870667 (35%)$4,281953 (50%)$6,704
2012-131,241 (67%)$6,362669 (36%)$4,381923 (50%)$6,675
2013-141,236 (67%)$6,360643 (35%)$4,290869 (47%)$7,048
2014-151,241 (66%)$6,403594 (31%)$4,498840 (44%)$6,803
2015-161,189 (62%)$6,372569 (30%)$4,232809 (42%)$6,764
2016-171,142 (63%)$6,576542 (30%)$4,369751 (41%)$6,782
2017-181,091 (66%)$6,445497 (30%)$4,604665 (40%)$6,643
2018-191,060 (67%)$6,706455 (29%)$4,477636 (40%)$6,320
2019-201,089 (73%)$6,705430 (29%)$4,512631 (42%)$6,471
2020-211,293 (90%)$6,358370 (26%)$4,514560 (39%)$6,223
2021-221,468 (100%)$6,209325 (22%)$4,411575 (39%)$6,247
Average1,204 (71.18%)$6,397524 (30.27%)$4,415747 (43.09%)$6,607

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time

OverviewGrants/ScholarshipStudent Loans
For the last 12 years, on average, 222 (81.00 % of students) received grants or scholarships and its average amount is $6,087. It can cover 24.61% of tuition & fees ($24,730) based on out-of-state rate.
In addition, 121 (44.27 % of students) students get helped from the students loans (average amount : $5,475).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-12242 (77%)$5,525167 (53%)$5,438
2012-13205 (78%)$5,702117 (44%)$5,499
2013-14192 (72%)$6,068125 (47%)$5,611
2014-15215 (74%)$5,462123 (43%)$5,033
2015-16213 (74%)$5,873114 (40%)$5,304
2016-17158 (77%)$6,40584 (41%)$5,638
2017-18193 (82%)$5,820102 (43%)$5,352
2018-19216 (79%)$7,102114 (41%)$5,468
2019-20223 (82%)$6,826137 (50%)$5,482
2020-21261 (97%)$6,253121 (45%)$5,718
2021-22319 (99%)$5,917128 (40%)$5,686
Average222 (81.00%)$6,087121 (44.27%)$5,475
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.
The following table shows the trends of grants or scholarships over time. For the last 12 years, on average, 74 (27.00 % of students) received Pell (federal) grants and its average amount is $4,249.
In addition, 51 students received State/local government grants/scholarships (18.50 % of students).
Year Federal (Pell) GrantsOther Federal State/Local governmentInstitutional
Number Received (percent)Average AmountNumber Received (percent)Average Amount Number Received (percent)Average AmountNumber Received (percent)Average Amount
2011-12114 (36%)$4,0958 (3%)$98841 (13%)$1,407192 (61%)$4,191
2012-1379 (30%)$4,37111 (4%)$97574 (28%)$1,557165 (63%)$4,229
2013-1480 (30%)$4,0728 (3%)$1,00046 (17%)$1,472149 (56%)$5,125
2014-1573 (25%)$4,3415 (2%)$80037 (13%)$1,685190 (66%)$4,164
2015-1663 (22%)$3,7644 (1%)$1,00065 (23%)$1,672187 (65%)$4,818
2016-1750 (24%)$4,1499 (4%)$55647 (23%)$1,557134 (65%)$5,421
2017-1865 (28%)$4,24914 (6%)$4552 (1%)$2,000177 (75%)$4,728
2018-1978 (28%)$4,25418 (7%)$500--187 (68%)$6,381
2019-2068 (25%)$4,65294 (34%)$83416 (6%)$1,054198 (73%)$5,609
2020-2170 (26%)$4,340245 (91%)$75495 (35%)$971196 (73%)$5,363
2021-2273 (23%)$4,454318 (99%)$1,32882 (26%)$933261 (81%)$4,075
Average74 (27.00%)$4,24967 (23.09%)$83551 (18.50%)$1,431185 (67.82%)$4,919
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students..
The following table describes number of students and average amount of loans by loan type. The following table shows the trends of grants or scholarships over time.
For the last 12 years, on average, 121 (44.27 % of students) get any students loan help and its average loan amount is $121.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2011-12167 (53%)$5,438166 (53%)$5,2256 (2%)$6,790
2012-13117 (44%)$5,499115 (44%)$5,1614 (2%)$12,465
2013-14125 (47%)$5,611123 (46%)$5,3484 (1%)$10,883
2014-15123 (43%)$5,033123 (43%)$4,9092 (1%)$7,653
2015-16114 (40%)$5,304114 (40%)$4,8855 (2%)$9,552
2016-1784 (41%)$5,63883 (40%)$5,4932 (1%)$8,849
2017-18102 (43%)$5,352100 (42%)$5,1265 (2%)$6,664
2018-19114 (41%)$5,468113 (41%)$4,9586 (2%)$10,506
2019-20137 (50%)$5,482135 (49%)$4,9019 (3%)$9,939
2020-21121 (45%)$5,718120 (44%)$5,0288 (3%)$11,064
2021-22128 (40%)$5,686123 (38%)$4,9969 (3%)$12,593
Average121 (44.27%)$5,475120 (43.64%)$5,0945 (2.00%)$9,723

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