1,059 students (74% of total 1,435 undergraduate students) have awarded federal, state, local, institutional or other sources of grant aid at Montana Technological University (Montana Technological). The average amount of the aid awarded is $7,435.
For the first-time, full-time beginning students (freshmen), 96% of total 288 enrolled students have received any kind of financial aid and its average amount of aid received is $6,316.
At Montana Technological University, 1,059 undergraduate students (74% of total 1,435 students) have received financial aid including grants, scholarships, and/or federal student loans. The average amount of aid received is $7,435.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received |
|---|---|---|---|---|
| Grant or Scholarship | 1,059 | 74% | $7,874,156 | $7,435 |
| Pell Grants | 341 | 24% | $1,745,056 | $5,117 |
| Federal Student Loan | 563 | 39% | $3,372,010 | $5,989 |
276 beginning undergraduate students (96% of total 288 enrolled freshmen) have received financial aid including grants, scholarships, and/or federal student loans at Montana Technological University. The average amount of aid received is $6,316.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received |
|---|---|---|---|---|
| Any Financial Aid | 276 | 96% | - | - |
| Grants or Scholarships | 238 | 83% | $1,503,254 | $6,316 |
| Federal Grants | 78 | 27% | $428,242 | $5,490 |
| Pell Grants | 78 | 27% | $407,122 | $5,220 |
| Other Federal Grants | 34 | 12% | $21,120 | $621 |
| State/Local Grants | 92 | 32% | $142,035 | $1,544 |
| Institutional Grants | 203 | 70% | $932,977 | $4,596 |
| Student Loan Aid | 127 | 44% | $820,913 | $6,464 |
| Federal Student Loans | 125 | 43% | $616,025 | $4,928 |
| Other Student Loans | 17 | 6% | $204,888 | $12,052 |
The following table shows the number of students awarded and the average grants / scholarship aid amount by income level for the academic year 2023-2024 at Montana Technological University.
The sources of grants and scholarship aid are the federal government, state/local government, or the institution. For the statistics, only students who paid the in-state or in-district tuition rate are considered.
| Income Level | Number of Students | Number of Students Awarded | Total Amount Aid Awarded | Average Amount Aid Awarded |
|---|---|---|---|---|
| All level | 138 | 112 | $742,407 | $5,380 |
| 0-30,000 | 23 | 23 | $236,742 | $10,293 |
| 30,001-48,000 | 19 | 19 | $153,537 | $8,081 |
| 48,001-75,000 | 23 | 21 | $126,095 | $5,482 |
| 75,001-110,000 | 24 | 21 | $102,204 | $4,259 |
| 110,001 or more | 49 | 28 | $123,829 | $2,527 |
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