All Undergraduate Financial Aid

At Montana Technological University, 1,091 undergraduate students (66% of total 1,659 students) have received financial aid including grants, scholarships, and/or federal student loans. The average amount of aid received is $6,445.
Financial Aid Statistics (All Undergraduate Students)
Type of AidNumber Receiving AidPercent Receiving Aid Total Amount of Aid ReceivedAverage Amount of Aid Received
Grant or Scholarship1,09166% $7,031,019$6,445
Pell Grants49730% $2,287,987$4,604
Federal Student Loan66540% $4,417,735$6,643

Beginning Undergraduate Students (Freshmen) Financial Aid

219 beginning undergraduate students (93% of total 236 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 $5,820.
Financial Aid Statistics (First-time Full-time Beginning Undergraduate Students)
Type of AidNumber Receiving AidPercent Receiving Aid Total Amount of Aid ReceivedAverage Amount of Aid Received
Any Financial Aid21993% --
Grants or Scholarships19382%$1,123,337$5,820
Federal Grants6528%$282,555$4,347
Pell Grants6528%$276,180$4,249
Other Federal Grants146%$6,375$455
State/Local Grants21%$4,000$2,000
Institutional Grants17775%$836,782$4,728
Student Loan Aid10243%$545,899$5,352
Federal Student Loans10042%$512,577$5,126
Other Student Loans52%$33,322$6,664

Grants and Scholarship Aid By Income Level (Paying In-State Tuition)

The next table shows the number of students awarded and the average grants/scholarship aid amount by income level for the academic year 2018-2019 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.
Grants of Scholarship Aid Statistics By Income Level
Income LevelNumber of StudentsNumber of Students AwardedTotal Amount Aid Awarded Average Amount Aid Awarded
All level10896$595,496$5,514
0-30,0002222$202,104$9,187
30,001-48,0002120$161,797$7,705
48,001-75,0002119$109,538$5,216
75,001-110,0002622$69,167$2,660
110,001 or more1813$52,890$2,938


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