| Screen last updated on: December 2016 |
The financial aid information below is valid for the 2015 academic year.
|
| Financial aid officer: |
Joe Cooper,
Director of Student Financial Services Center |
| Contacting the office: |
906 487-2622
888 MTU-1885 (toll free)
906 487-3042 (fax)
finaid@mtu.edu |
| FAFSA number: |
002292 |
|
| Undergraduate tuition: |
$14,334; $30,668 out-of-state |
| Tuition notes: |
Tuition and fees vary by program. |
| Additional required fees: |
$300 |
| Book fees: |
$1,200 |
| Miscellaneous expenses: |
$2,276 |
| Other expenses: |
Personal, travel, lab/course fees. |
| Combined room and board expenses: |
$10,105 |
|
| Required form |
Priority date |
Rolling? |
Closing date |
| FAFSA | March 1 | yes | N/A |
|
| Applied for financial aid: |
 | |
| 90% | of first-year students |
| 78% | of full-time undergraduates |
| 61% | of part-time undergraduates |
|
| Determined to have financial need: |
| |
| 74% | of first-year students |
| 81% | of full-time undergraduates |
| 80% | of part-time undergraduates |
|
| Students determined to have financial need who received any financial aid: |
| |
| 100% | of first-year students |
| 100% | of full-time undergraduates |
| 96% | of part-time undergraduates |
|
| Students determined to have financial need who received any need-based gift aid: |
| |
| 85% | of first-year students |
| 79% | of full-time undergraduates |
| 69% | of part-time undergraduates |
|
| Students receiving financial aid who received need-based self-help aid: |
| |
| 78% | of first-year students |
| 84% | of full-time undergraduates |
| 83% | of part-time undergraduates |
|
| Students receiving financial aid who received any non-need-based gift aid: |
| |
| 84% | of first-year students |
| 75% | of full-time undergraduates |
| 55% | of part-time undergraduates |
|
| Students receiving financial aid whose need was fully met (excluding PLUS loans and private alternative loans): |
| |
| 22% | of first-year students |
| 19% | of full-time undergraduates |
| 17% | of part-time undergraduates |
|
| Average percent of need that was met of students who received any need-based aid (excluding PLUS loans and private alternative loans): |
| |
| 81% | for first-year students |
| 73% | for full-time undergraduates |
| 60% | for part-time undergraduates |
|
| Average financial aid package (excluding PLUS loans and private alternative loans): |
| |
| $15,630 | for first-year students |
| $14,294 | for full-time undergraduates |
| $7,687 | for part-time undergraduates |
|
| Average need-based gift award: |
| |
| $9,417 | for first-year students |
| $7,728 | for full-time undergraduates |
| $3,283 | for part-time undergraduates |
|
| Average need-based self-help award (excluding PLUS loans and private alternative loans): |
| |
| $3,389 | for first-year students |
| $4,736 | for full-time undergraduates |
| $4,417 | for part-time undergraduates |
|
| Average need-based loan (excluding PLUS loans and private alternative loans): |
| |
| $3,218 | for first-year students |
| $4,618 | for full-time undergraduates |
| $4,383 | for part-time undergraduates |
|
| Students who had no financial aid need and who received non-need-based aid (excluding athletic awards and tuition benefits): |
| |
| 27% | of first-year students |
| 25% | of full-time undergraduates |
| 24% | of part-time undergraduates |
|
| Average award to students who had no financial aid need and who received non-need-based aid (excluding athletic awards and tuition benefits): |
| |
| $4,969 | for first-year students |
| $5,278 | for full-time undergraduates |
| $3,188 | for part-time undergraduates |
|
| Students who received a non-need-based athletic award: |
| |
| 4% | of first-year students |
| 5% | of full-time undergraduates |
| 6% | of part-time undergraduates |
|
| Average non-need-based athletic award: |
| |
| $10,815 | for first-year students |
| $11,773 | for full-time undergraduates |
| $4,538 | for part-time undergraduates |
|
| School participates in Federal Work-Study Program: |
yes |
| Percent of students who received aid that participated in Federal Work Study: |
4% |
|
| Types of loans available: |
|
- Direct Subsidized Stafford Loans
- Direct Unsubsidized Stafford Loans
- Direct PLUS Loans
- Federal Perkins Loans
- College/University Loans
|
|
| Parent loans packaged to meet need: |
no |
| Percent of undergraduates who have borrowed through all loan programs: |
73% |
| Average student debt upon graduation: |
$35,741 |
| Types of payment plans: |
|
- deferred payment plan
- school's own payment plan(s)
- credit card.
|
|
| Need-based scholarships/grants available: |
|
- need-based (general)
- Federal Pell Grants
- SEOG
- state scholarships/grants
- college/university scholarships/grants (institutional funds)
- private scholarships/grants
|
|
| Non-need-based scholarships/grants available: |
|
- non-need-based (general)
- state scholarships/grants
- academic merit scholarships/grants
- special achievements/activities
- athletic scholarships
- ROTC scholarships
- alumni affiliation, job skills, and leadership scholarships/grants.
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