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Tuesday, October 15, 2024

Average cost of college education in Montana rises for students in 2022-23 school year

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Average tuition fees rose 3.4% for college students in Montana in the 2022-23 school year, according to the latest disclosure from the National Center for Education Statistics.

Data shows that students paid $15,733 on average to attend higher education courses at the time, $510 more than the previous school year.

Among the 27 institutions in the state, Carroll College stood out with the highest tuition fees, reaching an average of $39,028. Rocky Mountain College followed with an average of $32,252 per year. Fort Peck Community College students were offered the lowest annual tuition fees at $2,250.

At the time, a total of $67.2 million in grants or scholarships were awarded to full-time undergraduates who started college in Montana. Additionally, federal student loans reached $26.7 million.

Undergraduate education costs have seen a significant increase over the past few decades. Data shows a 169% rise in the average total cost, including tuition, fees, room, and board, between 1980 and 2020.

According to a 2023 College Board report, in-state students at public universities paid an average of $11,260, while out-of-state students paid $29,150 in the 2023-24 academic year.

Meanwhile, student loan debt has steadily increased over the last 30 years, reaching $1.75 trillion in 2024, averaging a total of $28,950 per borrower. Federal loans make up 92% of the debt, with over half of students at both public and private four-year colleges graduating with student loans.

Available data sometimes exceeds 100% due to rounding and administrative calculations.

Average Tuition Fees in Montana Universities in 2022-23 School Year

InstitutionAverage Tuition FeesTotal Enrollment
Carroll College$39,0281,125
Rocky Mountain College$32,252845
University of Providence$27,606593
Montana State University$21,94714,625
The University of Montana$17,4597,215
Montana Academy of Salons$17,20098
Pima Medical Institute-Dillon$16,91556
Academy of Cosmetology Inc$16,81537
Crevier's Academy of Cosmetology Arts$14,80068
Butte Academy of Beauty Culture$12,95037
Montana Technological University$11,1751,437
The University of Montana-Western$10,9581,424
Montana State University Billings$7,7553,665
Montana State University-Northern$7,3821,105
Salish Kootenai College$7,073591
Dawson Community College$6,795462
Miles Community College$6,721583
Flathead Valley Community College$6,0992,129
Highlands College of Montana Tech$4,864655
Helena College University of Montana$3,9041,423
Great Falls College Montana State University$3,6881,192
Blackfeet Community College$3,610346
Little Big Horn College$3,200296
Stone Child College$2,645281
Aaniiih Nakoda College$2,410115
Chief Dull Knife College$2,260221
Fort Peck Community College$2,250697

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