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MSU Billings Financial Aid

Number Received Financial Aid (All Undergraduate) 3,536
Percent Received Financial Aid(All Undergraduate) 95%
Average Aid Amount $3,877
Number Received Financial Aid (Freshmen) 465
Percent Received Financial Aid (Freshmen) 98%

Financial Aid Information at MSU Billings

For the academic year 2021-2022, a total of 3,536 students (95% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $3,877. For freshmen (Full-time, first-time degree-seeking undergraduate students), 465 students (98% of enrolled students) received financial aid.
The 2024 undergraduate tuition & fees at Montana State University Billings is $6,706 for Montana residents and $21,347 for out-of-state students, for reference.

All Undergraduate Students Financial Aid

For the academic year 2021-2022, a total of 3,536 students (95% of all students) have received grants or scholarships and the average received aid amount is $3,877. It includes federal, state, local, institutional, or other sources of grant aid. The following table describes the financial aid statistics by aid types at Montana State University Billings for all undergraduate students.
Undergraduate Student Financial Aid at Montana State University Billings
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Federal, state, local, institutional or other grant aid3,53695%$3,877
Pell Grants1,00227%$4,194
Federal Student Loans1,15831%$6,189

Beginning Students Financial Aid

a total of 465 beginning students (98% of all freshmen) have received any financial aid and 465 students (98% of all freshmen) awarded any student loans. The headcount includes the number of full-time, first-time degree-seeking beginning undergraduate students. The below table shows the number and amount by the source of financial aid at Montana State University Billings.
Beginning Students (Freshmen) Financial Aid at Montana State University Billings
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Student Financial Aid46598%-
Grants or Scholarship from All Sources46598%$5,394
Federal Grants45997%$3,305
Pell Grants17737%$4,541
Other Federal Grants45997%$1,554
State/Local Grants245%$2,626
Institutional Grants28159%$3,303
Student Loans20944%$4,779
Federal Student Loans20744%$4,520
Other Student Loans71%$9,028

Students Headcount by Living Status

For academic year 2021-2022, total 288 full-time beginning students have enrolled and attended Montana State University Billings. Among them, 106 students have lived on campus and 65 students lived off campus (without family). The following table shows the students count by living status and years.
Student Headcount by Living Location/Setting at Montana State University Billings
Living Status201920202021
Living On-Campus128108106
Living Off-Campus with Family12279100
Living Off-Campus without Family835365

Grants and Scholarship Aid By Income Level (Paying In-State Tuition)

The following table shows number of students who paid the in-state or in-district tuition rate and were awarded any grant/scholarship by income level for academic year 2021-2022 . The sources of grants and scholarship aid are the federal government, state/local government, or the institution.
Grants of Scholarship Aid Statistics By Income Level at Montana State University Billings
Income LevelNumber of StudentsNumber of Students AwardedTotal Amount Aid Awarded Average Amount Aid Awarded
All level281165$787,177$2,801
$0 - $30,0008281$461,448$5,627
$30,001 - $48,0003936$183,010$4,693
$48,001 - $75,0005437$119,996$2,222
$75,001 - $110,0005311$22,723$429
$110,001 or more530$0$0