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Montana State University Billings Financial Aid Details

92% Freshmen Get Financial Aid
$4,177 Average Grant & Scholarship
73% Undergrads Get Grant Aid

The majority of students are not billed the advertised price of a school. Instead, they will be provided a financial aid package that will include a combination of scholarships, grants, loans, and work-study. The price tag of going to Montana State University Billings can appear overwhelming, but bear in mind that many students obtain some kind of financial aid.

Just what financing solutions does Montana State University - Billings provide, and just what are you going to be eligible for? Keep scrolling for answers. Keep scrolling to learn what amount of financial assistance will be accessible to you.

Understanding Montana State University - Billings Aid Information

How much aid you qualify for depends largely on your family’s financial circumstances. The information provided on this page can help you determine how much aid you may receive from Montana State University Billings.

What First Years Receive at Montana State University Billings

Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. However, some types of aid are more desirable than others, and some students will receive more than others.

For incoming first-year students at Montana State University Billings, 92% of new full-time first-years were awarded at least some aid roughly 451 first-years).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)90%$7,313
Institutional grants & scholarships78%$5,041
Federal Pell grants41%$5,259
State/local grants16%$2,769
Federal student loans44%$4,788

Free Money: Grants and Scholarships at Montana State University Billings

The best aid is gift aid: grants and scholarships that carry no repayment obligation. At Montana State University - Billings, some 73% of undergraduates were awarded an average grant or scholarship of $4,177 (for some 2766 awardees).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)73%$4,177
Federal Pell grants25%$4,931
Federal student loans28%$6,244

On-campus students receiving title-IV aid were awarded grants averaging $3,530.

Aid by Income Level at Montana State University Billings

Because need-based aid scales with family income, what students actually pay differs sharply across income brackets.

Family IncomeAverage Net Price
$0 – $48,000$12,450
$30,001 – $75,000$14,360
Over $75,000$18,336

Remember these are net prices — what families pay after gift aid, not before.

What a Degree Really Costs at Montana State University Billings

After grants and scholarships come off the published price, what remains is the net price — the best estimate of true out-of-pocket cost.

CohortAverage Net Price
On-campus title-IV students$16,524
Off-campus title-IV students$15,044

To get a personalized net price estimate, try Montana State University - Billings’s NPC: www.msubillings.edu/finaid/.

Typical Student Debt at Montana State University Billings

Graduating students at Montana State University - Billings carry a median federal student debt of $10,086 in federal student debt.

MetricAmount
Median federal debt (all student-aid borrowers)$10,086
Median federal debt (graduates only)$18,209
Typical 10-year monthly payment (graduates)$193.05/mo

Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.

Where Student Debt Falls

The median alone does not show how widely outcomes vary across the student body. These percentiles trace how cumulative federal debt is spread among borrowers at Montana State University - Billings.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$2,625
25th percentile$4,648
75th percentile$19,745
90th percentile (highest-debt students)$31,889

Median Debt by Student Group at Montana State University Billings

Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.

Debt by Income Tier

Income tierMedian federal debt
Low income$10,296
Middle income$9,953
High income$10,250

First-Gen vs Continuing-Gen Median Debt

CohortMedian federal debt
First-generation students$10,342
Continuing-generation students$9,500

Dependency-Status Comparison

CohortMedian federal debt
Dependent students$8,750
Independent students$12,336

Is the Debt Manageable?

The Department of Education computes summary indicators that describe debt outcomes at a glance. Montana State University - Billings.

Federal Student Loans at Montana State University Billings

Stafford loans make up the bulk of federal direct lending to undergraduates. Below is the annual Stafford program activity at Montana State University - Billings:

MetricValue
Stafford loan recipients17219
Total Stafford loan amount$289,809,758

GI Bill and DoD Benefits at Montana State University Billings

Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.

Post-9/11 GI Bill activity

MetricValue
GI Bill recipients98
Total GI Bill amount$474,822
Average GI Bill amount per recipient$4,845

DoD program volume

MetricValue
DoD Tuition Assistance recipients3
Total DoD amount$8,040
Average DoD amount per recipient$2,680

References

More about our data sources and methodologies.

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