Finances / Costs

Missoula downtown with the "Big Sky" in the Background	Annual Cost of Study
	Estimated university tuition and fees for the 2008-09 academic year per semester for 12-18 credits are: $2,950 per semester for Montana residents $9,150 per semester for nonresidents Please note these are estimated costs only.  They do not include student health insurance, professional program* and supplemental course** fees, room and board, books, or summer term tuition and fees.

Further Information: 
For further information about fees and tuition, please read The University of Montana Catalog on-line. Please note the most current tuition and fee figures are available on the UM Business Services website; see the 1st level Graduate tuition/fee chart. Additional information can be found on the UM Graduate School website on the Cost Information page.

*School of Business 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 term if they take seven or more credits. This is not included in the figures above.  Please click here for more complete information.

**Supplemental Course Fees:
Students taking evening or weekend courses also pay a Distance Learning Fee of $131 per credit. Fulltime students average approximately $400-$700 in weekend course fees per semester. These fees are usually not applied during the summer session.  Please click here for more complete information.
 

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

Scholarships and award amounts vary from year to year. For the 2009-2010 academic year, 18 scholarships were awarded, ranging from $1,000 to $8,500 each.

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 15th to February 1st each year.

Deadline: February 1
 

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 and have not submitted application for the professional program, we recommend that you take the GMAT by mid-January and submit your application by February 1.

Assistantships

Graduate assistantship awards are available each semester to both MBA and MAcct applicants and students.
Nine to ten awards are given each year.

Benefits:
  ● Remission of tuition (university and business school fees are not waived)
  ● Stipend of at least $4,500 per semester

Qualifications:
  ● Admitted or applying to either the MBA or MAcct program
  ● Outstanding academic record
  ● Relevant experience based on the business school’s needs

Native American Graduate Assistantship
▪ One of the assistantships is specifically earmarked and funded for a Native American student
▪ Additional qualification: must be an enrolled member of a Native American tribe

Technology Graduate Assistantship
▪ One assistantship is funded* to work with technology in the Gallagher Business Building
   *tuition remission is limited to an amount equal to residency tuition; however the position is open to both residents and non-residents
▪ Additional qualification: must have technology experience
▪ Position may include Computer Lab Manager or Course Management Technician

Requirements:
  ● Work approximately 15 hours per week for faculty members
  ● Maintain a minimum of 9 credits per semester and good academic standing

HOW TO APPLY for all assistantships
DEADLINES: February 1 (for Fall* Semester); November 1 (for Spring** Semester).
  ● Submit a Graduate Assistantship Application
  ● Include your résumé
  ● E-mail, as an attachment, to: cynthia.stary@business.umt.edu

If you intend to apply for one of these awards and have not submitted an application for the professional program, we recommend that you take the GMAT by mid-January and submit your application by February 1.

*Assistantships awarded for fall semester are continued through spring semester based on individual performance.
**Assistantship awards for Spring semester only are available occasionally.
Contact above email address for further information.