Montana has 5 private and 9 public 4-year colleges that enroll 6,578 first-year students yearly. The average tuition of public colleges is $16,763 for in-state students and $27,827 for out-of-state and international students.

Private colleges in Montana charge around $36,875 per year in tuition regardless of residency.

In the 2021-2022 academic year, Montana provided $1.2 million in financial aid to 697 students who enrolled in 4-year colleges for the first time as undergraduates. In addition, the colleges themselves awarded $32.5 million in grants and scholarships to 4,400 students.

Montana receives less than 1% of the total pell grant the federal government allocates. In the 2021-2022 academic year, 1,499 4-year college first-year undergraduates were awarded a total amount of $7.1 million in pell grant ($4,670 per student on average), and 2,345 students received a total amount of $12.5 million in the form of student loans from the federal government ($5,341 per student on average).