Finances / Costs

Cost of Study

For further information about fees and tuition, please read The University of Montana Catalog on-line.

The most current information  about tuition and fees is  available on the UM Business Services website.   Additional  information can be found on the UM Graduate School website at Tuition and Fees. Along with normal tuition and fees, on-campus graduate students in the Business  School pay an additional  amount for each semester they register.   This super  tuition rate is $150  per semester if a student takes six or fewer credits and $250 per semester if they take seven or more credits. This is included in the figures above. 

Cost of Living

The following rates apply to the 2008-2009 academic year.  Campus dormitory and meal package costs vary from $2,930 -$3,730 per semester. University apartment and housing complexes are also available with variable rates depending on particular complex. Studios to four-bedroom units in University Villages rent for $470 to $745 per month; restrictions to families may apply to some units. Apartments in Lewis & Clark Villages are $384 per month per person. Summer school housing is also available.  Check the Residence Life web site, http://life.umt.edu/rlo/name/home, for housing features, locations, and the most current rates. 

Other privately owned rental apartments and houses are available in the city of Missoula. Typically a one-bedroom apartment will cost between $500 to $700, including most utilities. Sharing a house with others often costs about $300 to $450 per person, including most utilities.

Scholarships

How to apply:

• Complete the scholarship application, available on-line at http://www.business.umt.edu/CurrentStudents/Scholarships/
• Application form available on-line from approximately November 15 through February 1st each year.

Junies Chase Masters of Accountancy (MAcct) Scholarship
 
The School of Business Administration (SOBA) is proud to announce the Junie Chase MAcct Scholarship.  A $1,000 scholarship will be awarded to every MAcct student during his/her final year of graduate school if the student attends the MAcct fulltime, is a student in good standing during the entire year, and is receiving no other merit-based scholarships from the SOBA for that year. The scholarship is not awarded for more than one year and is not awarded to students who are in their prerequisite coursework years.
 
All students are still strongly encouraged to apply for a Graduate Assistantship or other, higher-amount scholarships via the regular application processes.   Students receiving a Graduate Assistantship or a scholarship in the SOBA with an amount of at least $1,000 will not be eligible to receive a Junie Chase Scholarship.
 
After Graduate Assistantships and other SOBA scholarships are awarded, the Junie Chase MAcct Scholarships will automatically be awarded to eligible MAcct students.  You do not need to apply for this scholarship, but you are greatly encouraged to apply for other SOBA MAcct scholarships first. 

·         Applications for a Graduate Assistantship (GA) can be downloaded from the School of Business Graduate Programs website at http://www.mba-macct.umt.edu/MAcct-Finances.asp#Assistantships  MAcct students who are in their MAcct year of study are given preferences for GA assignments.  GAs have most of their tuition waived, are assigned to work 15 hours per week with 2-4 faculty, and are given a desk and computer in the GA office in the Business School.  GAs are paid monthly.  Applications for GAs are due by February 1 of each year for the following academic year.

·         Applications for a Business School Graduate Scholarship are at www.business.umt.edu/Current Students/Scholarships/.   Even though the site says current students, all people applying for the MAcct Program should apply for Business School scholarships via this website.  The site comes online toward the end of November and closes on February 1^st.   During this time, you apply for scholarships for the following academic year.  Graduate Scholarships range from $1,000-$3,000 for the MAcct Program.  

Deadline:  February 1st

Occasionally other honors and scholarships are awarded. Keep a current résumé in your graduate file in the School of Business Administration, and you may qualify for these awards.

If you intend to apply for one of these awards, we recommend that you take the GMAT by mid-January.

Assistantships

Assistantship awards are available each semester for MAcct applicants and students. They include remission of most registration, incidental, and out-of-state fees, and a stipend of at least $4,500 per semester. Assistants work approximately 15 hours per week for three or four faculty members. Three to four awards are given each year.

Qualifications:
> admitted or applying to the MAcct
> outstanding academic record
> relevant experience based on School needs
> in addition to above, one assistantship is restricted to an enrolled member of a Native American tribe

How to apply for all assistantships:
> Submit the assistantship application.
> Include your résumé
> E-mail, as an attachment, to: kathleen.spritzer@business.umt.edu

If you intend to apply for one of these awards, we recommend that you take the GMAT by mid-January.

Deadline: February 1 for Fall Semester.

Occasionally available Spring Semester;
contact above email address for further information.