[Last update: December 11, 2025]

10,324 students (69% of total 14,872 undergraduate students) have awarded federal, state, local, institutional or other sources of grant aid at Montana State University (MSU). The average amount of the aid awarded is $8,543.

For the first-time, full-time beginning students (freshmen), 90% of total 3,273 enrolled students have received any kind of financial aid and its average amount of aid received is $11,763.


All Undergraduate Financial Aid

At Montana State University, 10,324 undergraduate students (69% of total 14,872 students) have received financial aid including grants, scholarships, and/or federal student loans. The average amount of aid received is $8,543.

Financial Aid Statistics (All Undergraduate Students) - MSU
Type of AidNumber Receiving AidPercent Receiving Aid Total Amount of Aid ReceivedAverage Amount of Aid Received
Grant or Scholarship10,32469% $88,194,186$8,543
Pell Grants2,43816% $13,700,234$5,619
Federal Student Loan4,67131% $28,926,957$6,193

Beginning Undergraduate Students (Freshmen) Financial Aid

2,939 beginning undergraduate students (90% of total 3,273 enrolled freshmen) have received financial aid including grants, scholarships, and/or federal student loans at Montana State University. The average amount of aid received is $11,763.

Financial Aid Statistics (First-time Full-time Beginning Undergraduate Students) - MSU
Type of AidNumber Receiving AidPercent Receiving Aid Total Amount of Aid ReceivedAverage Amount of Aid Received
Any Financial Aid2,93990% --
Grants or Scholarships2,73183%$32,124,123$11,763
Federal Grants55017%$3,385,170$6,155
Pell Grants55017%$3,101,920$5,640
Other Federal Grants1495%$283,250$1,901
State/Local Grants2738%$277,500$1,016
Institutional Grants2,60980%$28,461,453$10,909
Student Loan Aid1,26239%$12,582,414$9,970
Federal Student Loans1,20737%$6,258,096$5,185
Other Student Loans2999%$6,324,318$21,152

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

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 State 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 level589314$1,876,614$3,186
0-30,000113111$798,455$7,066
30,001-48,000109107$720,916$6,614
48,001-75,00010280$327,141$3,207
75,001-110,0008915$28,757$323
110,001 or more1761$1,345$8

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