Finances / Costs

Annual Cost of Study

Missoula downtown with the "Big Sky" in the Background

Tuition and fees for 2007-08, are estimated at: $3,175 for Montana residents and $8,650 for nonresidents for 12-18 credits per semester. Please note these are estimated costs only and do not include student health insurance and supplemental course fees.

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.

Class Fees: Off-campus students taking evening courses also pay a Distance Learning Fee of $131 per credit. Weekend courses, taken by either on-campus or off-campus students also have a fee of $131 per credit. These fees are usually not applied during the summer session.

Costs of the Off-Campus MBA Program at The School of Business Administration are available on the Tuition and Financial Aid page.

Cost of Living

Campus dormitory and meal package costs vary from $2,220 -$3,300 per semester. Families may apply to live in one of the University's apartments. These apartments, ranging from studio to four-bedroom, rent for $398 to $632 per month.

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

Please note that these are estimated costs only. Check the Residence Life web site, http://www.umt.edu/reslife/, for the most current prices.

 

Scholarships

Scholarships and award amounts vary from year to year. For the 2006-2007 academic year, nine scholarships were awarded, ranging from $1,000 to $7,000 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

Assistantship awards are available each semester for MBA 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 to four faculty members. Four to six awards are given each year.

Qualifications:
>  admitted or applying to the MBA
>  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  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 application for the professional program, we recommend that you take the GMAT by mid-January and submit your application by February 1.

Deadline: February 1 for Fall Semester.

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