Montana Technological University

www.mtech.edu

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2023 Undergraduate Tuition

$6,113

4% growth from 2022

2023 Average Net Price

$15,866

After Financial Aid

2020 Default Rate

on Student Loans

2023 Acceptance Rate

89.9%

1,623 Applicants

2023 Enrolled Students

1,622

86.1% Full-Time

2023 Graduation Rate

58.1%

137 Graduates

About

Montana Technological University is a higher education institution located in Silver Bow County, MT. In 2023, the most popular Bachelors Degree concentrations at Montana Technological University were Registered Nursing (51 degrees awarded), General Civil Engineering (37 degrees), and Mechanical Engineering (34 degrees).

In 2023, 363 degrees were awarded across all undergraduate and graduate programs at Montana Technological University. 39.4% of these degrees were awarded to women, and 60.6% awarded men. The most common race/ethnicity group of degree recipients was white (297 degrees), 33 times more than then the next closest race/ethnicity group, hispanic or latino (9 degrees).

The median undergraduate tuition at Montana Technological University is $6,113, which is $−23,167 less than the national average for Baccalaureate Colleges ($29,280).

In 2020 the default rate for borrower's at Montana Technological University was 0%, corresponding to 0 out of the 477 total borrowers.

Baccalaureate Colleges: Diverse Fields Baccalaureate Colleges

Costs

In 2023, the median undergraduate tuition at Montana Technological University is $6,113, which is $23,167 less than the national average for Baccalaureate Colleges ($29,280).

After taking grants and loans into account, the average net price for students is $15,866.

In 2023, 70% of undergraduate students attending Montana Technological University received financial aid through grants. Comparatively, 41% of undergraduate students received financial aid through loans.

Tuition Costs

$6,113

2023 Undergraduate Tuition

In 2023, the cost of tuition at Montana Technological University was $6,113. The cost of tuition at Montana Technological University is $−23,167 less than than the overall (public and private) national average for Baccalaureate Colleges ($29,280).

This chart compares the tuition costs of Montana Technological University (in red) with those of other similar universities.

Average Net Price

$15,866

2023 Value

1.12%

1 Year Growth

In 2023 Montana Technological University had an average net price — the price paid after factoring in grants and loans — of $15,866. Between 2022 and 2023, the average net price of Montana Technological University grew by 1.12%.

This chart compares the average net price of Montana Technological University (in red) with that of other similar universities.

Average net price is calculated from full-time beginning undergraduate students who were awarded a grant or scholarship from federal, state or local governments, or the institution.

Other Student Expenses

$10,741

Room and Board

$1,320

Books and Supplies

The average yearly cost of room and board at Montana Technological University was of $10,741 in 2023. The cost of room and board increased by 0.779% between 2022 and 2023.

During the same period, the average yearly cost of books and supplies was $1,320. The cost of books and supplies did not change during the same period.

This chart compares the average student costs at Montana Technological University (in red) with that of similar universities.

Financial Aid by Income Level

70%

Undergraduates Receiving Financial Aid through Grants

41%

Undergraduates Receiving Financial Aid through Loans

70% of undergraduate students at Montana Technological University received financial aid through grants or loans in 2023. This represents a decline of 30% with respect to 2022, when 100% of undergraduate students received financial aid.

This chart compares the average award discount at Montana Technological University (in red) with that of other similar universities.

The average award discount is the ratio between the average grant or scholarship value, and the cost, which is the sum of out-of-state tuition, room, board, book, supplies, and other expenses.

Student Loan Default Rate

Cohort default rates only account for borrowers who default in the first three years, and some schools only have a small proportion of borrowers entering repayment. These rates should be interpreted with caution, as they may not be reflective of the entire school population.

2020 Default Rate

Number of Defaults

In 2020 the default rate for borrower's at Montana Technological University was 0%, which represents 0 out of the 477 total borrowers.

A cohort default rate is the percentage of a school's borrowers who enter repayment on certain Federal Family Education Loan (FFEL) Program or William D. Ford Federal Direct Loan (Direct Loan) Program loans during a particular federal fiscal year (FY), October 1 to September 30, and default or meet other specified conditions prior to the end of the second following fiscal year.

Admissions

Montana Technological University received 1,623 undergraduate applications in 2023, which represents a 7.63% annual growth. Out of those 1,623 applicants, 1,459 students were accepted for enrollment, representing a 89.9% acceptance rate.

There were 1,622 students enrolled at Montana Technological University in 2023. 11% of first-time enrollees submitted SAT scores with their applications.

Montana Technological University has an overall enrollment yield of 20.2%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

89.9%

Acceptance Rate in 2023

1,459

Accepted Out of 1,623

In 2023, the undergraduate acceptance rate of Montana Technological University was 89.9% (1,459 admissions from 1,623 applications). This is higher than the acceptance rate of 2022, which was 89.5%. Between 2022 and 2023, the number of applicants declined by 7.63%, while admissions declined by 7.19%.

This chart compares the acceptance rate of Montana Technological University (in red) with that of other similar universities, and the chart below shows the acceptance rate by gender.

SAT Scores

11%

Submission Percentage (2023)

Scores Submitted (2023)

11% of enrolled first-time students at Montana Technological University in 2023 submitted SAT scores with their applications.

The following chart shows the average SAT scores for the 25th, 50th, and 75th percentile of applicants for each section of the test that they are evaluated on.

Enrollment

Montana Technological University had a total enrollment of 1,622 students in 2023. The full-time enrollment at Montana Technological University is 1,397 students and the part-time enrollment is 225. This means that 86.1% of students enrolled at Montana Technological University are enrolled full-time.

The enrolled student population at Montana Technological University, both undergraduate and graduate, is 79.7% White, 4.5% Hispanic or Latino, 2.59% Two or More Races, 1.66% Asian, 1.6% American Indian or Alaska Native, and 1.42% Black or African American.

Students enrolled at Montana Technological University in full-time Undergraduate programs are most commonly White Male (50%), followed by White Female (31.9%) and Hispanic or Latino Male (2.92%). Students enrolled in full-time Graduate programs are most commonly White Male (38.5%), followed by White Female (18.9%) and Hispanic or Latino Male (3.28%).

Full-Time vs Part-Time Enrollment

86.1%

Full-Time Enrollment

The total enrollment at Montana Technological University in 2023, both undergraduate and graduate, is 1,622 students. The full-time enrollment at Montana Technological University is 1,397 and the part-time enrollment is 225. This means that 86.1% of students enrolled at Montana Technological University are enrolled full-time compared with 78.8% at similar Baccalaureate Colleges.

This chart shows the full-time vs part-time enrollment status at Montana Technological University (in red) compares to similar universities.

Retention Rate over Time

76%

2023 Retention Rate

Retention rate measures the number of first-time students who began their studies the previous fall and returned to school the following fall. The retention rate for full-time undergraduates at Montana Technological University was 76%. Compared with the full-time retention rate at similar Baccalaureate Colleges (74%), Montana Technological University had a retention rate higher than its peers.

This chart shows the retention rate over time at Montana Technological University (highlighted in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)

White
1,293 enrolled students
Hispanic or Latino
73 enrolled students
Two or More Races
42 enrolled students

The enrolled student population at Montana Technological University is 79.7% White, 4.5% Hispanic or Latino, 2.59% Two or More Races, 1.66% Asian, 1.6% American Indian or Alaska Native, and 1.42% Black or African American. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Baccalaureate Colleges is 53.2% White, 14.1% Hispanic or Latino, and 12.9% Black or African American.

Any student who is studying in the United States on a temporary basis is categorized as a "Non-Resident Alien", and the share of those students are shown in the chart below. Additionally, 91 students (5.61%) did not report their race.

Graduates

In 2023, 77 fewer women than men received degrees from Montana Technological University. The most common race/ethnicity group of degree recipients at Montana Technological University is white (297 degrees awarded). There were 33 times more white recipients than the next closest race/ethnicity group, hispanic or latino (9 degrees).

The most common Bachelor's Degree concentration at Montana Technological University is Registered Nursing (51 degrees awarded), followed by General Civil Engineering (37 degrees) and Mechanical Engineering (34 degrees).

In 2023, the most specialized majors across all degree types at Montana Technological University, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Engineering (144 degrees awarded), Math & Statistics (15 degrees), and Physical Sciences (7 degrees).

Common Jobs by Major

Registered nurses

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Montana Technological University are Registered nurses (1,551,848 people), Physicians (598,116 people), Software developers (587,522 people), Other managers (543,277 people), and Miscellaneous engineers, including nuclear engineers (393,956 people).

The most specialized majors at Montana Technological University in 2023 are Engineering (144 degrees awarded), Math & Statistics (15 degrees), Physical Sciences (7 degrees), Health (118 degrees), and Biology (21 degrees) (as of 2023).

Highest Paying Jobs by Major

Podiatrists

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Montana Technological University are Podiatrists, Surgeons, Physicians, Securities, commodities, & financial services sales agents, and Chief executives & legislators

The most specialized majors at Montana Technological University are Engineering (144 degrees awarded), Math & Statistics (15 degrees), Physical Sciences (7 degrees), Health (118 degrees), and Biology (21 degrees) (as of 2023).

Common Industries by Major

General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Montana Technological University are General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (2,066,253 people), Colleges, universities & professional schools, including junior colleges (726,676 people), Computer Systems Design (626,217 people), Elementary & secondary schools (569,882 people), and Architectural, engineering & related services (496,614 people).

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Montana Technological University.

Most Common (2023)

Registered Nursing
51 degrees awarded
General Civil Engineering
37 degrees awarded
Mechanical Engineering
34 degrees awarded

In 2023, the most common bachelors degree concentration at Montana Technological University was Registered Nursing with 51 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from bachelors degree programs at Montana Technological University according to their major.

Sex Breakdown for Common Majors

220

Degrees Awarded to Men

in 2023

143

Degrees Awarded to Women

in 2023

In 2023, 220 degrees were awarded to men at Montana Technological University, which is 1.54 times more than the number of degrees awarded to females (143).

This chart displays the sex disparity between the top 5 majors at Montana Technological University by degrees awarded.

Most Common Male Majors

In 2023, 36 degrees were awarded to men at Montana Technological University in Occupational Health & Industrial Hygiene, which is 2.12 times more than the 17 female recipients with that same degree.

Most Common Female Majors

In 2023, 47 degrees were awarded to men at Montana Technological University in Registered Nursing, which is 11.8 times more than the 4 male recipients with that same degree.

Time to Complete

36%

100% Completion Time

57%

150% Completion Time

In 2023, 36% of students graduating from Montana Technological University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 57% completed their degrees within 150% of the normal time, and 59% within 200%.

The following chart shows these completion rates over time compared to the average for the Baccalaureate Colleges Carnegie Classification group.

Graduation rate is defined as the percentage of full-time, first-time students who received a degree or award within a specific percentage of "normal time" to completion for their program.

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.

Hispanic or Latino Male

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2023 at Montana Technological University is Male and Hispanic or Latino (100% graduation rate). Across all Baccalaureate Colleges, Non-resident Alien Male students have the highest graduation rate (65.7%).

The department of education defines graduation rate as the percentage of full-time, first-time students who received a degree or award within 150% of "normal time" to completion.

The National Center for Education Statistics (NCES) categorizes any student who is studying in the United States on a temporary basis as a "Non-Resident Alien", and the graduation rate of those students is shown in the chart below. Additionally, 6.57% of graduates (9 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2023)

White
297 degrees awarded
Hispanic or Latino
9 degrees awarded
American Indian or Alaska Native
5 degrees awarded

The most common race/ethnicity at Montana Technological University is white (297 degrees awarded). There were 33 times more white recipients than the next closest race/ethnicity group, hispanic or latino (9 degrees).

10.7% of degree recipients (39 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2023)

White Male
176 degrees awarded
White Female
121 degrees awarded
Hispanic or Latino Male
5 degrees awarded

The most common race/ethnicity and sex grouping at Montana Technological University is white male (176 degrees awarded). There were 1.45 times more white male recipients than the next closest race/ethnicity group, white female (121 degrees).

Operations

Montana Technological University has an endowment valued at nearly $69M, as of the end of the 2023 fiscal year. The return on its endowment was of 637k (0.924%) compared to the 4.79% average return (2.46M on 51.4M) across all Baccalaureate Colleges.

In 2023, Montana Technological University had a total salary expenditure of 65.5M. Montana Technological University employs 40 Instructors, 32 Professors and 29 Associate professors. Most academics at Montana Technological University are Male Instructor (24), Male Professor (22), and Male Associate professor (17).

The most common positions for non-instructional staff at Montana Technological University are: Research, with 57 employees, Management, with 34 employees, and Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 29 employees.

Endowment

$69M

2023 Endowment

20.3%

growth from 2022

Montana Technological University has an endowment valued at about $69M, as of the end of the 2023 fiscal year. The endowment of Montana Technological University grew 20.3% from the previous year. The value of their endowment was $17.6M higher than than the median endowment of Baccalaureate Colleges according to the Carnegie Classification grouping.

This line chart shows how the endowment at Montana Technological University (in red) compares to that of some similar universities.

The small bar chart below shows the endowment quintiles for all universities in the Baccalaureate Colleges: Diverse Fields Carnegie Classification grouping.

Salary Expenditure

$29.4M

2023 Salaries

6.33%

growth from 2022

In 2023, Montana Technological University paid a median of $29.4M in salaries, which represents 44.9% of their overall expenditure ($65.5M) and a 6.33% growth from the previous year. This is compared to a 0.822% decline between 2021 and 2022, and a 1.17% growth between 2020 and 2021.

The median for similar Baccalaureate Colleges is 15.7M (37.9% of overall expenditures).

Instructional Salaries

$9.26M

Instructional Salaries

123

Number of Employees

In 2023, Montana Technological University paid a total of $9.26M to 123 employees working as instructors, which represents 31.5% of all salaries paid.

This is compared to a median of $552k (3.27%) for similar Baccalaureate Colleges.

Occupations by Share

Instructor

Most Common Instructor

40 Employees

Research

Most Common Non-Instructional Employee

57 Employees

In 2023, the most common positions for instructional staff at Montana Technological University were Instructor with 40 employees, Professor with 32 employees, and Associate professor with 29 employees.

In 2023, the most common positions for non-instructional staff at Montana Technological University were Research with 57 employees, Management with 34 employees, and Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 29 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2023)

Male Instructor
Male Professor
Male Associate professor

In 2023, the most common demographic for instructional staff at Montana Technological University was Male Instructor with 24 employees, Male Professor with 22 employees, and Male Associate professor with 17 employees.

This chart shows the sex split between each academic rank present at Montana Technological University.

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