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Annual Costs

Undergraduate Tuition

Montana State University Billings tuition is $4,397 per year for in-state residents. This is 38% cheaper than the national average public four year tuition of $7,056. The cost is 63% cheaper than the average Montana tuition of $11,906 for 4 year colleges. Tuition ranks 2nd in Montana amongst 4 year colleges for affordability and is the 9th most expensive 4 year college in the state. If attending from out-of-state, the tuition is $17,162 which represents a 290% premium.

The school charges an additional fees of $1,436 in addition to tuition bringing the total effective in-state tuition to $5,833.

Housing Costs

On campus room and board is provided by the school at a cost of $7,820 per academic year. Students electing to live off campus elsewhere in Billings should budget at least this amount.

Books and Supplies

The estimated annual cost for books and supplies is $1,570.

Other Living Expenses

If living on-campus, students should budget for $4,360 in additional living expenses. Off-campus students should budget for $4,360 in other miscellaneous living expenses.

Total Costs

The total tuition and living expense budget for in-state Montana residents to go to MSU Billings is $19,583 for the 2017/2018 academic year. Out-of-state students who don't have Montana residence can expect a one year cost of $32,348.

Citation: Price data from the U.S. Department of Education's 2017-2018 and 2016-2017 IPEDS survey response for Montana State University Billings and represent reported costs for the 2016-2017 and 2015-2016 academic years.

Costs and Tuition for Montana State University Billings
Estimated Budgets
Montana Resident Total Budget $19,583
   In-State Tuition$4,397
   Other Fees$1,436
   Room and Board$7,820
   On-Campus Other Budget$4,360
   Books and Supplies$1,570
Non-Resident Total Budget $32,348
   Out-of-State Tuition$17,162
   Other Fees$1,436
   Room and Board$7,820
   On-Campus Other Budget$4,360
   Books and Supplies$1,570

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What it Really Costs

Depending on many factors including student and parent income and assets, the total cost of attendance may be less than the $19,583 published price if scholarship or grant aid is made available to you.

Net Price

The net out-of-pocket total cost you end up paying or financing though student loans is known as the net price. The reported MSU Billings net price for in-state students is $10,881* for the 2014/2015 academic year. This net price includes housing and meal expenses.

Pell Grants and other Grant Aid

76% of Montana State University Billings students received grant aid in 2014/2015. The average total aid amount was $5,200. 48 percent of students received aid in the form of Pell Grants from the U.S. Federal Government. The average Pell Grant awarded for 2014/2015 was $4,168. To apply for a Pell Grant to attend Montana State University Billings, the first step is to fill out the Free Application for Federal Student Aid (FAFSA).

Net Price and Financial Aid for Montana State University Billings
Financial Aid Summary
Average Annual Net Price$10,881*
Percent of Students Receiving Grant Aid76%
Average Total Grant Aid$5,200
Percent of Students Receiving Pell Grants48%
Average Amount of Pell Grant Aid$4,168

Average Net Price for In-State Students by Family Income

The average net total cost of attendance for different levels of family income after federal, state or local government, institutional grant and scholarship aid are awarded. Data last published for the 2014/2015 academic year.

Family Income Avg. Net Price
$0 to $30,000$11,344
$30,001 to $48,000$12,013
$48,001 to $75,000$14,408
$75,001 to $110,000$15,840
$110,000+$15,893

Average Financial Aid Mix - $19,583 In-State Total Cost

CollegeCalc has estimated typical coverage of the annual in-state tuition and living expenses of $19,583. Breakdown is based on average grant aid and federal loan aid which will vary based on your family income.

34%
34%
32%

Grants and Scholarships

 34% - $5,200

Money granted to you by the U.S. Department of Education, Montana State University Billings or other organizations. These are not loans and do not need to be repaid.

Federal Loans

 34% - $5,204

Low interest student loans funded by the U.S. Department of Education. This amount will need to be repaid.

Out of Pocket

 32% -  $4,819

Covered by family savings, work or private student loans which you will have to repay.


*Reported Average Annual Net Price for in state students receiving grant or scholarship aid reported to the U.S. Department of Education's Academic Year 2014-2015 IPEDS Survey. Financial aid is only available to those who qualify. Consult this school's net price calculator for further understanding of your potential net price.

Note that for colleges with no reported on-campus room and board, the average net price has been increased to account for living expenses. This number may not only reflect the net price paid to the school for tuition.

Cost of a Degree

When considering ability to pay for college, the annual cost is often discussed but it's the "all in" multi-year degree cost which matters in the end. Let's take a look at what it could really cost for four years at Montana State University Billings.

Estimated 4 Year Cost at Published Tuition

At the current published rates, an estimated total tuition, fees and living expense price for a 4 year bachelor's degree at MSU Billings is $78,332 for students graduating in normal time. This methodology for estimating the 4 year cost is a straight multiple of the most recent reported annual total cost and does not factor in tuition increases during the time you're in school. It also assumes you receive no grant or scholarship aid and pay the full list price.

A potentially more accurate but less conservative estimate of a degree cost can be made by using the school's annual $10,454 in-state net price as the basis. Applying this cost over 4 would estimate the cost of a degree at $41,816**

If you end up on the "five year plan" and need an additional year to graduate, your five year cost could be as high as $97,915 or $52,270 using an average net price.

**Based on a 4 year multiple of Average Annual Net Price for in state students receiving grant or scholarship aid reported to the U.S. Department of Education's 2014-2015 IPEDS Survey. Financial aid is only available to those who qualify. Consult this school's net price calculator for further understanding of your potential net price.

Other Costs

Estimated Cost Per Semester

Most colleges don't charge students on an annual basis but instead require payment semester by semester. If you ever need to take an additional semester of classes to complete you degree you shouldn't have to pay for a full academic year. These our estimated costs for a semester at Montana State University Billings.

Montana Resident Tuition Per Semester$2,198
Montana Resident Total Cost Per Semester$9,792
Non-Montana Resident Tuition Per Semester$8,581
Non-Montana Resident Total Cost Per Semester$16,174

Cost Per Credit Hour and Cost for a Class

Some schools offer the ability to take single classes by paying on a per credit hour basis. The reported price per credit hour and estimated cost for one class at Montana State University Billings are as follows. Per credit costs are for reference only as many schools will not allow students to pay by credit hour.

Cost per credit hour and per class at Montana State University Billings
Price per credit hour for Montana residents$183
Cost for one class for Montana residents (3 credit hours)$549
Price per credit hour for out of state residents$715
Cost for one class for out of state residents (3 credit hours)$2,145
Cost for one class for out of state residents (4 credit hours)$2,860

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Student Loans and Debt

The second consideration after understanding the cost of college is determining how to finance it. Some students are fortunate enough to have some form of family financial assistance, but student loans end up financing a significant portion of higher education in the U.S. 61% of Montana State University Billings students receive U.S. Federal Student Loans with an average annual Federal Loan aid amount of $5,204. The reported average student debt upon graduation is $29,684.

Example Loan Payments and Costs

How much are student loan payments for Montana State University Billings? Obviously this varies based on a number of factors - offsetting financial aid you receive, percentage of fee you pay upfront while enrolled and the interest rate on your loans. We've modeled a sample student loan based on current Stafford loan rates to give you an approximate idea.

The following are the costs for a loan if you borrowed $41,816, 100% of the estimated average net price for a four year program and paid nothing while enrolled. The total of all payments including interest would sum $51,884.07. This could be your effective total out of pocket cost of an education at Montana State University Billings. Note that this calculation assumes you don't pay full list price tuition, are part of the reported 76% of students at this school who receive financial aid and you are paying an average annual net price of $10,454. If you do not financially qualify for a reduced net price, your student loan payments could be significantly higher than this example. Use our Montana State University Billings student loan calculator below to change loan assumptions and recalculate.

Student loans are not free money and must be repaid. You cannot dismiss student loans by via bankruptcy.

Montana State University Billings Student Loan Payments
Example Payments
Monthly Loan Payment$432.37
Amount Borrowed$41,816.00
Interest Rate4.5%
Term10 years
Number of Monthly Payments120
Total Interest Cost$10,068.07
Sum of All Payments over 10 years$51,884.07

Affording Student Loan Payments and Post Graduation Salary

Can I afford to attend MSU Billings? In the end, the answer comes down a determination if you will earn enough to comfortably pay back a student loan with your post graduation salary. This is an extremely important point to consider. In order to afford student loan payments and still meet all your other costs of living, it is recommended not to borrow more than you can pay back using 10% of your monthly income earned after graduation. If you're considering attending Montana State University Billings, you need to carefully consider if it will be realistic to make the post graduation loan payments based on your expected salary.

Using the 10% of salary threshold, an annual income of $51,884.07 would be needed to afford a $432.37 monthly payment in the example $41,816.00 loan modeled above. You will need to determine if it is at all realistic that you will be earning this type of salary after graduation. This assumes a loan payback over 10 years. You can change the terms of this example loan using the student loan calculator below.

Estimated Future Cost and Expected Tuition Increase

What will it cost to send your child to Montana State University Billings in the future? Nationally, university tuition prices are rising around 5% per year. Looking out five, ten, fifteen or eighteen years, these are CollegeCalc's estimates how much you could expect to pay for a 4 year degree assuming tuition increases at the national average rate. Estimated future prices are based on the current in-state 4 year cost of $78,332.00. Use the college savings plan calculator below to perform a more comprehensive analysis on future costs and how much you will need to save for Montana State University Billings.

Annual4 Year Degree
Estimated Cost in 5 years for students enrolling in 2024$26,931$107,725
Estimated Cost in 10 years for students enrolling in 2029$34,372$137,487
Estimated Cost in 15 years for students enrolling in 2034 $43,868$175,472
Estimated Cost in 18 years for students enrolling in 2037 $50,783$203,131

Comparable Cost for Popular Majors

We've compared the out of state cost of the most popular undergraduate areas of study at Montana State University Billings to the national average for all other colleges offering the same major. Use this comparison to determine particular programs where this school offers value relative to other colleges.

Area of Study Graduates vs National Avg
Liberal Arts and Sciences/Liberal Studies Bachelor's Degree 47 19% cheaper
Licensed Practical/Vocational Nurse Training Associate's Degree 40 60% costlier
General Studies Associate's Degree 24 53% costlier
Special Education and Teaching, General Bachelor's Degree 24 9% cheaper
Community Psychology Bachelor's Degree 23 18% cheaper
Public Relations/Image Management Bachelor's Degree 23 18% cheaper
Computer Systems Networking and Telecommunications Associate's Degree 22 72% costlier
Elementary Education and Teaching Bachelor's Degree 21 9% cheaper
Multi-/Interdisciplinary Studies, Other Bachelor's Degree 20 23% cheaper
Electromechanical and Instrumentation and Maintenance Technologies/Technicians, Other Associate's Degree 18 75% costlier
Biology/Biological Sciences, General Bachelor's Degree 17 20% cheaper
Psychology, General Bachelor's Degree 16 20% cheaper
Health and Physical Education/Fitness, General Bachelor's Degree 16 10% cheaper
Radiologic Technology/Science - Radiographer Associate's Degree 14 66% costlier
Criminal Justice/Safety Studies Bachelor's Degree 14 5% cheaper
Rehabilitation and Therapeutic Professions, Other Associate's Degree 14 70% costlier
Mass Communication/Media Studies Bachelor's Degree 11 15% cheaper
Environmental Studies Bachelor's Degree 9 34% cheaper
Microbiology, General Bachelor's Degree 9 18% cheaper
History, General Bachelor's Degree 9 21% cheaper
Business/Commerce, General Bachelor's Degree 9 14% cheaper
Accounting Technology/Technician and Bookkeeping Associate's Degree 9 66% costlier
Carpentry/Carpenter Associate's Degree 8 73% costlier
English Language and Literature, General Bachelor's Degree 8 19% cheaper
Automobile/Automotive Mechanics Technology/Technician Associate's Degree 7 77% costlier
Spanish Language and Literature Bachelor's Degree 7 25% cheaper
Medical Administrative/Executive Assistant and Medical Secretary Associate's Degree 7 69% costlier
Mathematics Teacher Education Bachelor's Degree 6 9% cheaper
Welding Technology/Welder Associate's Degree 6 77% costlier
Energy Management and Systems Technology/Technician Associate's Degree 6 73% costlier
Education, General Associate's Degree 6 72% costlier
History Teacher Education Bachelor's Degree 6 7% cheaper
Drafting and Design Technology/Technician, General Associate's Degree 6 89% costlier
Health/Health Care Administration/Management Bachelor's Degree 6 2% cheaper
Diesel Mechanics Technology/Technician Associate's Degree 5 79% costlier
Fire Prevention and Safety Technology/Technician Associate's Degree 5 61% costlier
Organizational Communication, General Bachelor's Degree 4 19% cheaper
Computer Programming/Programmer, General Associate's Degree 4 74% costlier
Physical Education Teaching and Coaching Bachelor's Degree 4 8% cheaper
Music Teacher Education Bachelor's Degree 4 15% cheaper
Reading Teacher Education Bachelor's Degree 4 9% cheaper
Art Teacher Education Bachelor's Degree 3 11% cheaper
Office Management and Supervision Associate's Degree 3 74% costlier
Science Teacher Education/General Science Teacher Education Bachelor's Degree 3 6% cheaper
Mathematics, General Bachelor's Degree 3 21% cheaper
Sociology Bachelor's Degree 3 21% cheaper
Heating, Air Conditioning, Ventilation and Refrigeration Maintenance Technology/Technician Associate's Degree 3 84% costlier
Sport and Fitness Administration/Management Bachelor's Degree 2 14% cheaper
Autobody/Collision and Repair Technology/Technician Associate's Degree 2 76% costlier
Social Science Teacher Education Bachelor's Degree 1 2% costlier
Spanish Language Teacher Education Bachelor's Degree 1 11% cheaper
Political Science and Government, General Bachelor's Degree 1 22% cheaper
Music Performance, General Bachelor's Degree 1 19% cheaper
Administrative Assistant and Secretarial Science, General Associate's Degree 1 73% costlier
English/Language Arts Teacher Education Bachelor's Degree 1 8% cheaper
Fine/Studio Arts, General Bachelor's Degree 1 25% cheaper
Human Resources Management/Personnel Administration, General Associate's Degree 1 54% costlier

Calculators

Use the calculators below to formulate a college savings plan for Montana State University Billings or model a student loan.

College Savings Calculator

Plan and Save for College

Discover how much will you need to start saving now to afford Montana State University Billings in the future.

Student Loan Calculator

Estimate Loan Payments

Modify the loan assumptions to fit your financial situation and likely tuition price. Then calculate your payoff and loan payments for a Montana State University Billings student loan.

Prepayment Option

About Montana State University Billings

Montana State University Billings is a four year public college located in Billings, Montana.  Full time enrollment is 2,669 and part time is 1,693. Learn more about getting accepted at Montana State University Billings at CollegeSimply.

Students attending this school may pursue both undergraduate and graduate degrees.

Address
Montana State University Billings
1500 University Drive
Billings, Montana
59101-0298

For Profit / Not For Profit Status

Montana State University Billings is a public not for profit institution. Public schools often represent the best value for your education dollar, especially when students qualify for in-state tuition.

Montana State University Billings cost and financial aid data source: U.S. Department of Education https://nces.ed.gov/collegenavigator/?id=180179 IPEDS survey data.