Unimontes started out as independent colleges, supported by a foundation.
Between 1989–1990, it became an integrated governmental university, financed by the state of Minas Gerais, and by Fadenor.
Unimontes has 10 campuses in cities that surround Montes Claros.
Fadenor (a foundation that gives financial support to the university), has almost 15,000 students.
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