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National Application Center :: campus tours :: Montana Technological University costs & financial aid

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Montana Technological University

Montana Technological University
1300 West Park Street
Butte, MT 59701

Toll-free telephone: (800) 445-TECH
Fax number: (406) 496-4710
Website: www.mtech.edu
Screen last updated on: December 2016

The financial aid information below is valid for the 2014 academic year.

FINANCIAL AID OFFICE
Financial aid officer: Mike Richardson,
Director of Financial Aid
Contacting the office: 406 496-4256
financialaid@mtech.edu
FAFSA number: 002531

EXPENSES
Undergraduate tuition: $6,561; $19,984 out-of-state
Book fees: $1,100
Miscellaneous expenses: $3,350
Other expenses: Personal and transportation.
Combined room and board expenses: $8,932

APPLYING FOR AID

Required form Priority date Rolling? Closing date
FAFSAMarch 1yesN/A
scholarship applicationMarch 1noN/A

Date award notification begins: in April
Applied for financial aid:
84% of first-year students
72% of full-time undergraduates
64% of part-time undergraduates
Determined to have financial need:
70% of first-year students
80% of full-time undergraduates
76% of part-time undergraduates
Students determined to have financial need who received any financial aid:
100% of first-year students
100% of full-time undergraduates
100% of part-time undergraduates
Students determined to have financial need who received any need-based gift aid:
90% of first-year students
86% of full-time undergraduates
78% of part-time undergraduates
Students receiving financial aid who received need-based self-help aid:
63% of first-year students
78% of full-time undergraduates
81% of part-time undergraduates
Students receiving financial aid who received any non-need-based gift aid:
13% of first-year students
6% of full-time undergraduates
0% of part-time undergraduates
Students receiving financial aid whose need was fully met (excluding PLUS loans and private alternative loans):
22% of first-year students
12% of full-time undergraduates
1% of part-time undergraduates
Average percent of need that was met of students who received any need-based aid (excluding PLUS loans and private alternative loans):
66% for first-year students
63% for full-time undergraduates
40% for part-time undergraduates
Average financial aid package (excluding PLUS loans and private alternative loans):
$9,477 for first-year students
$11,164 for full-time undergraduates
$7,658 for part-time undergraduates
Average need-based gift award:
$5,575 for first-year students
$5,778 for full-time undergraduates
$3,680 for part-time undergraduates
Average need-based self-help award (excluding PLUS loans and private alternative loans):
$3,224 for first-year students
$3,972 for full-time undergraduates
$2,791 for part-time undergraduates
Average need-based loan (excluding PLUS loans and private alternative loans):
$3,017 for first-year students
$3,884 for full-time undergraduates
$2,922 for part-time undergraduates
Students who had no financial aid need and who received non-need-based aid (excluding athletic awards and tuition benefits):
18% of first-year students
14% of full-time undergraduates
0% of part-time undergraduates
Average award to students who had no financial aid need and who received non-need-based aid (excluding athletic awards and tuition benefits):
$4,054 for first-year students
$3,998 for full-time undergraduates
$2,000 for part-time undergraduates
Students who received a non-need-based athletic award:
2% of first-year students
3% of full-time undergraduates
0% of part-time undergraduates
Average non-need-based athletic award:
$4,026 for first-year students
$5,737 for full-time undergraduates
School participates in Federal Work-Study Program: yes

TYPES OF AID AVAILABLE
Types of loans available:
  • Direct Subsidized Stafford Loans
  • Direct Unsubsidized Stafford Loans
  • Direct PLUS Loans
  • FFEL Subsidized Stafford Loans
  • FFEL Unsubsidized Stafford Loans
  • FFEL PLUS Loans
  • Federal Perkins Loans
  • College/University Loans
Parent loans packaged to meet need: no
Percent of undergraduates who have borrowed through all loan programs: 55%
Average student debt upon graduation: $26,198
Types of payment plans:
  • deferred payment plan
Need-based scholarships/grants available:
  • need-based (general)
  • Federal Pell Grants
  • SEOG
  • state scholarships/grants
  • college/university scholarships/grants (institutional funds)
  • private scholarships/grants
Non-need-based scholarships/grants available:
  • non-need-based (general)
  • state scholarships/grants
  • academic merit scholarships/grants
  • athletic scholarships

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