College Factual  by our College Data Analytics Team
       Unbiased Factual Guarantee

How Much UM Fin Aid Could You Qualify For?

The total cost of attendance at The University of Montana can seem overwhelming, but remember that the majority of students receive some sort of financial assistance. This could be in the form of scholarships, grants, work-study, or loans.

Interested in understanding the financial aid resources available at UM and your eligibility? Find the answers you seek below.

Covered on this Page:

What is Inside a Typical Financial Aid Package at UM?

$4,988.00 is the typical The University of Montana’s first year financial aid package. 90% of first-year students are awarded financial aid, primarily comprising loans.


Is it a True Discount?

Loans are included in the umbrella of ‘financial aid’, even so, the only true discount from the cost of college is a grant or scholarship that you don’t have to pay back.

What About Student Loans?

A loan is not a legitimate college discount, but rather an outcome to consider. See how much student loan debt from The University of Montana you may end up taking on.

How Much UM Aid Will I Get That I Don’t Have to Pay Back?

Colleges and universities offer institutional scholarships and grants as financial assistance to help students cover tuition fees and other educational costs. These awards, which do not require repayment, can be merit-based or need-based. Merit-based institutional scholarships recognize students who have exceptional academic records, special talents, or skills in particular areas. Eligibility for these scholarships often depends on factors such as a student’s high school performance, standardized test scores, or involvement in extracurricular activities. In contrast, need-based institutional grants are designed for students who show financial need. The amount awarded usually depends on the student’s family’s financial condition and aims.

The stats below refer to aid that is provided by The University of Montana.

66% of new students (865 total) were offered scholarships at The University of Montana, averaging $4,477.00 per person. This puts it in the top 50th percentile among colleges and universities nationwide.

As well as scholarships, 33% of first-year students (435 total) got a federal grant, for about $5,450.00 per person.


Amount of Financial Assistance Per Family Income

The next table displays grant and scholarship distributions by family income for freshman students getting any kind of federally-funded Title IV aid, such as Federal PLUS loans.

Income LevelPercent of FreshmanAverage Assistance
Income 0-30k16.15%$7,219.00
Income 30k-48k6.82%$6,529.00
Income 48k-75k6.67%$4,677.00
Income 75k-110k6.07%$3,019.00
Income 110k +4.85%$1,477.00

Title IV Aid

The table above shows students who are obtaining Title IV aid, which is federal assistance from the government in the form of grants, loans, and work-study. Learn more here.

The Average Undergraduate Who Gets a Grant or Scholarship Will Get $4,988.00.

Of the 1319 undergraduate students at The University of Montana around 90% (1004 total) receive some form of grant aid. The typical amount awarded was $4,988.00.

Inquiring About the Expenses Associated with Tuition and Fees?

Check out the Tuition and Fees page or the Cost Per Credit Hour page to find out more.

Info on The University of Montana Financial Aid.

Notes and References


More about our data sources and methodologies.

Popular Reports

College Rankings
Best by Location
Degree Guides by Major
Graduate Programs

Compare Your School Options