Research expenditures by university in Montana, FY2024
8 institutions in Montana reported to the NSF HERD survey in FY2024, and together they spent $430.4 million, 0.4% of the US total. Montana State University, Bozeman leads at $257.9 million — #123 nationally, close to twice University of Montana, The, Missoula's $143.8 million. 5 spent more than in FY2023 and 2 spent less, and one more reported for the first time. The list runs down to Montana State University, Northern at $200 thousand; every name on it links to that institution's own page.
- Institutions
- 8
- FY2024 R&D
- $430.4 million
- Share of the US total
- 0.4%
Universities in Montana ranked, FY2024
| In Montana | Institution | US rank | FY2024 R&D | Change on FY2023 | Rank change |
|---|---|---|---|---|---|
| 1 | Montana State University, Bozeman | #123 | $257.9M | +12.3% | up 4 |
| 2 | University of Montana, The, Missoula | #161 | $143.8M | +7.4% | up 3 |
| 3 | Montana Technological University | #306 | $22.6M | +22.9% | up 10 |
| 4 | Blackfeet Community College | #540 | $3.0M | new | — |
| 5 | Montana State University, Billings | #685 | $1.1M | +30.5% | up 18 |
| 6 | Aaniiih Nakoda College | #696 | $1.0M | −14.8% | down 35 |
| 7 | Salish Kootenai College | #777 | $647K | +17.0% | down 7 |
| 8 | Montana State University, Northern | #904 | $200K | −31.5% | down 46 |
| All 8 | $430.4M | ||||
Rank is a competition rank: two institutions that spent the same share a rank and the next one is skipped. Figures are NSF's own, as revised in the FY2024 release, and are shown to one decimal. How these numbers are built.
Keep going
The rest of the survey
Overall
Every state and territory
Data: NSF HERD FY2024, built from NSF's published tables on September 8, 2026. Page updated September 13, 2026.
Data: National Center for Science and Engineering Statistics, National Science Foundation, Higher Education Research and Development Survey, FY2024.
Carnegie Classification of Institutions of Higher Education is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.