Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 7,903, which is 55.56 % of all undergraduate students. 5,677 students which is 40.11% of undergraduate students received federal student loans and the average loan amount is $6,654.

For full-time, first-time beginning students (freshmen), 82.56% of students received grants or scholarships and 42% of students received student loans.

All Undergraduate Students Financial Aid Over Time

The following table shows the trends of financial aid for all undergraduate students at Montana State University since 2013.

For that period, the average number of students who received grants aid/scholarships is 7,903, which is 55.56 % of all undergraduate students. 5,677 students which is 40.11% of undergraduate students received federal student loans and the average loan amount is $6,654.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-146,273 (48%)$4,5823,871 (29%)$4,1386,191 (47%)$6,979
2014-156,107 (46%)$4,5893,616 (27%)$4,1535,994 (45%)$6,979
2015-166,018 (44%)$4,5103,382 (25%)$4,2225,777 (42%)$6,953
2016-176,405 (45%)$4,5393,449 (24%)$4,2046,119 (43%)$6,928
2017-186,445 (44%)$4,6093,432 (23%)$4,4226,154 (42%)$6,929
2018-196,618 (45%)$7,3283,359 (23%)$4,8015,866 (39%)$6,364
2019-208,903 (60%)$6,7373,175 (22%)$4,7215,406 (37%)$6,340
2020-219,798 (69%)$6,5782,884 (20%)$4,8634,828 (34%)$6,213
2021-2214,563 (99%)$5,7422,657 (18%)$5,0664,755 (32%)$6,204
Average7,903 (55.56%)$5,4683,314 (23.44%)$4,5105,677 (40.11%)$6,654
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time

For the last 10 years, on average, 2,296 (82.56 % of students) received grants or scholarships and its average amount is $6,099. It can cover 19.46% of tuition & fees ($31,337) based on out-of-state rate.

In addition, 1,162 (42.22 % of students) students get helped from the students loans (average amount : $6,948).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-141,840 (78%)$5,5851,107 (47%)$6,745
2014-151,890 (78%)$5,9731,129 (46%)$6,618
2015-161,892 (74%)$5,8791,097 (43%)$6,719
2016-172,145 (73%)$5,6611,318 (45%)$7,138
2017-182,214 (79%)$6,2761,285 (46%)$6,859
2018-192,185 (78%)$6,3821,152 (41%)$6,942
2019-202,557 (91%)$7,1001,080 (38%)$6,758
2020-212,557 (92%)$6,2871,009 (36%)$7,381
2021-223,383 (100%)$5,7491,278 (38%)$7,375
Average2,296 (82.56%)$6,0991,162 (42.22%)$6,948
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.

The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 581 (21.22 % of students) received Pell (federal) grants and its average amount is $4,473.

In addition, 233 students received State/local government grants/scholarships (9.75 % of students).

Year Federal (Pell) GrantsOther Federal State/Local governmentInstitutional
Number Received (percent)Average AmountNumber Received (percent)Average Amount Number Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14623 (27%)$4,057347 (15%)$561311 (13%)$3,8781,543 (66%)$4,114
2014-15570 (23%)$4,199332 (14%)$558281 (12%)$4,5641,602 (66%)$4,636
2015-16571 (22%)$4,250356 (14%)$566352 (14%)$3,6761,610 (63%)$4,473
2016-17645 (22%)$4,208410 (14%)$571458 (16%)$2,8751,800 (61%)$4,376
2017-18608 (22%)$4,573307 (11%)$58081 (3%)$8,3131,922 (69%)$5,340
2018-19563 (20%)$4,603203 (7%)$98214 (0%)$7,5912,004 (71%)$5,513
2019-20568 (20%)$4,5571,661 (59%)$78383 (3%)$9,0772,429 (86%)$5,562
2020-21485 (17%)$4,8152,080 (75%)$681286 (10%)$9692,224 (80%)$5,416
2021-22598 (18%)$4,9993,377 (100%)$958234 (7%)$9812,093 (62%)$6,209
Average581 (21.22%)$4,4731,008 (34.33%)$693233 (9.75%)$4,6581,914 (69.33%)$5,071
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.

The following table describes number of students and average amount of loans by loan type. The following table shows the trends of grants or scholarships over time.

For the last 10 years, on average, 1,162 (42.22 % of students) get any students loan help and its average loan amount is $1,162.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-141,107 (47%)$6,7451,092 (47%)$5,85483 (4%)$12,936
2014-151,129 (46%)$6,6181,116 (46%)$5,90979 (3%)$11,104
2015-161,097 (43%)$6,7191,077 (42%)$5,92377 (3%)$12,876
2016-171,318 (45%)$7,1381,297 (44%)$6,132102 (3%)$14,261
2017-181,285 (46%)$6,8591,268 (45%)$5,87796 (3%)$14,182
2018-191,152 (41%)$6,9421,128 (40%)$5,174129 (5%)$16,752
2019-201,080 (38%)$6,7581,059 (37%)$5,193117 (4%)$15,381
2020-211,009 (36%)$7,381974 (35%)$5,191133 (5%)$17,984
2021-221,278 (38%)$7,3751,241 (37%)$5,230165 (5%)$17,788
Average1,162 (42.22%)$6,9481,139 (41.44%)$5,609109 (3.89%)$14,807

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