Tuition & Financial Aid

Tuition/Fees
(updated 08/14/2007)

Montana Residents: Tuition and most fees for the MBA Program are approximately $300 per credit for Montana residents.

Non-residents:  Tuition is approximately $725 per credit. New residents must have lived in Montana for at least one year in order to qualify for Resident Tuition status. Such individuals can accrue time toward Resident status while enrolled at UM provided they take fewer than six credits per term. In addition, new residents that have moved to Montana for reasons of employment (including spouses of employed persons) can qualify for Resident Tuition Status by completing an Employer Affidavit Form.  Please note the employed must have full-time employment status.  The form is available from the Day MBA Program office in Missoula via cynthia.stary@business.umt.edu or from the Off-Campus MBA Program office in Billings via mbadll@wtp.net.

Montana University System Employees:  A tuition waiver is available for students that fall into this category.  Qualifications and the waiver form are accessible via http://www.umt.edu/hrs/tuitionwaiver.html.

Additional Course Fees:
►Off-campus program students pay an additional fee of $131 per credit for evening classes assessed for off-campus course delivery.
►Students in the Missoula daytime program pay a supertuition from $150-$250 dependent upon the number of credits registered for.
►All weekend classes (except during summer session) are subject to a supplemental fee of $131 per credit.

Online Course Fees:  Our 3-credit online business foundation courses (prerequisites for our MBA core courses) have a tuition rate as listed above ($300 per credit for residents and $725 per credit for non-residents). The online courses are also subject to an online learning fee of $48 per credit.

Financial Aid

Full-time Students: Both scholarships and graduate assistantships are available to full-time students maintaining a minimum of 9 credits per semester. See http://www.mba-macct.umt.edu/MBA-Finances.asp for more information.

Off-campus Students: The MBA Tuition Loan Program, is suitable for a student taking as few as 3 credits per semester. This program is administered by Sallie Mae (www.salliemae.com/mbaloans) but loan applications must be submitted through the Off-Campus MBA Program office, rather than on-line. Application forms are available by e-mail request to mbadll@wtp.net and students may apply for this loan even when enrolled as graduate non-degree students.

Federal Financial Aid: An additional form of financial aid is the Federal Stafford Loan Program administered by the Financial Aid Office at The University of Montana. Stafford Loans are available only to students admitted to Graduate School who take at least 6 credits per semester. Students can borrow up to the full cost of tuition and books under either the Federal Stafford or the MBA Tuition Loan Program.