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Michigan Technological University

1400 Townsend Drive, Houghton, MI 49931, USA

Michigan Technological University award
Michigan Technological University award
US ranking
position: 139
Tuition & fees per year: $19,982
Acceptance rate: 88.00%
Median alumni salary: $68,856
Avg. SAT and ACT: 1233 SAT, 28 ACT
Entrance difficulty: Moderate

What is the cost of studying for a year at Michigan Technological University?

The cost of studying at Michigan Technological University varies significantly depending on residency status and enrollment type. For full-time, in-state undergraduate students, tuition amounts to approximately $19,429 per year, which is considered average and falls within the lower 40 percentile compared to similar institutions. Fees for these students remain relatively low at $318 annually, positioning them in the bottom 25 percentile.

Out-of-state undergraduate students face considerably higher tuition costs, reaching about $42,771 per year, which ranks in the top 20 percentile for expense. Despite this, applicable fees stay consistent with in-state rates at $318, maintaining a low-cost position within the bottom 25 percentile.

Graduate students attending full-time experience a higher tuition burden as well, with in-state graduate tuition at $24,669 annually, classified as high and in the top 30 percentile. Out-of-state graduate tuition remains at the same figure but is assessed as average within the top 35 percentile. Fees for graduate students are modest, around $260 per year, again falling in the bottom 30 percentile for cost.

Part-time students encounter per-credit-hour charges which vary by residency and degree level. For example, part-time in-state undergraduates pay around $750 per credit hour, reflecting average costs in the bottom 45 percentile. Out-of-state undergraduates have higher per-credit-hour costs near $1,601, placing them in the top 25 percent for pricing.

Room and board costs add an additional financial consideration, averaging $7,595 for room and $6,547 for board annually. These figures are both classified as average, with room charges in the lower 40 percentile and board charges nearing the upper 45 percentile. The university offers on-campus housing with a dormitory capacity capable of accommodating approximately 2,380 students, supporting a meal plan option as well.

When combining tuition, fees, room, and board, the total annual cost for Michigan Technological University students lies below national averages for comparable institutions. The total tuition and fees combined average $19,982 per year, while room and board add roughly $14,142, bringing the overall yearly cost around $34,124. This figure compares favorably against the average total cost for in-state students at four-year public colleges in the United States, which is about $25,707 for tuition and roughly $44,014 for out-of-state students. Thus, Michigan Technological University provides a balanced cost structure that remains relatively affordable, particularly for in-district and in-state students.

What are the work-study opportunities at Michigan Technological University?

Michigan Technological University offers a range of work-study opportunities designed to assist students in financing their education while gaining valuable professional experience. Eligible students can take advantage of on-campus employment positions that often align with their fields of study, providing practical experience in addition to monetary compensation.

Positions are available across various departments, including research labs, administrative offices, and campus facilities. These roles provide students with flexible schedules to accommodate academic commitments. The university strives to maintain a supportive environment where work-study students can develop skills and build networks that may benefit future careers.

Internships form an important component of experiential learning at Michigan Technological University, often linked to academic programs and facilitated through the university's career services. While internships are not limited to work-study recipients, they represent a significant opportunity for students to gain hands-on experience in their chosen industries.

Regarding compensation, work-study positions at the university provide pay rates consistent with federal guidelines, typically reflecting the nature of the work and the student's qualifications, though specific average wages are not disclosed.

International students who qualify for federal work-study can participate in these programs, though the availability and types of positions may vary. Michigan Technological University encourages all eligible students to explore these opportunities early in their academic journey to maximize the benefits.

Michigan Technological University Tuition and Fees

Avg. tuition and fees $19,982
Tuition and fees
Avg. room and board charges $14,142
Room and board charges
Avg. books and supplies $1,200
Books and supplies

Total Cost

Avg. total cost $35,324
Total average cost of education at the institution, including tuition and fees, room and board, books and supplies

Michigan Technological University Room and Board Cost

Typical room charge for academic year

$7,595

Typical board charge for academic year

$6,547

Total dormitory capacity

2380

Institution provide on-campus housing

Yes

Institution provides board or meal plan

Yes

Michigan Technological University Tuition Plans

Any alternative tuition plans offered by institution

Data not available

Tuition guaranteed plan

No

Prepaid tuition plan

No

Michigan Technological University Financial Aid

Undergraduate average amount

$15,095

All

$16,889

Number of Students Receiving Financial Aid

98 %

Michigan Technological University Military and Veterans Benefits

Undergraduate average amount

$15,659

Graduate average amount

$7,947

Michigan Technological University Federal Financial Aid

Students awarded Title IV federal financial aid (2023-2024)

Average net price (income 30,001-48,000)-students awarded Title IV federal financial aid, 2018-19

$6,773

Average net price (income 48,001-75,000)-students awarded Title IV federal financial aid, 2018-19

$10,202

Average net price (income 75,001-110,000)-students awarded Title IV federal financial aid, 2018-19

$16,222

Average net price (income over 110,000)-students awarded Title IV federal financial aid, 2018-19

$24,344