FourYearCost

Michigan Technological University

Houghton, MIPublicRank 495 of 1,732Traditional rank 340 of 1,156

Avg freshman grant · 2022-23
$16,889
1,343 recipients
Avg grant, later years · 2022-23
$14,574
3,783 recipients
The drop
$2,315
13.7% of the freshman average

Freshman grant vs later years

Freshman year$16,889Later years$14,574

Average grant per recipient, IPEDS SFA 2022-23.

Averages across all recipients, not a prediction for one student. Continuing students include transfers and part-time students. Data is about two years old. How this is calculated.

Average net price by family income (2022-23)

Family incomeAvg net price
$0–30k$5,021
$30–48k$6,773
$48–75k$10,202
$75–110k$16,222
$110k+$24,344

First-time, full-time students receiving Title IV aid, in-state. Source: IPEDS SFA 2022-23.

Published cost (IPEDS)

Tuition and fees (in-state), 2022-23$17,614
Tuition and fees (in-state), 2023-24$18,392
Change$778 (+4.4%)
Tuition and fees (out-of-state), 2023-24$41,340
On-campus room and board, 2023-24$12,774

Source: IPEDS Institutional Characteristics, academic years 2022-23 and 2023-24.

Tuition and fees trend (in-state)

$15,6462018-19$15,9602019-20$16,4362020-21$16,9662021-22$17,6142022-23$18,3922023-24

Published tuition and required fees, +17.6% from first to last year shown. Source: IPEDS Institutional Characteristics 2021-22 and 2023-24 files.

Average net price trend

$17,8262020-21$18,2352021-22$17,9282022-23

Average net price for first-time, full-time students receiving grant aid, in-state. Source: IPEDS SFA 2022-23.

Outcomes and aid profile

Bachelor's graduation rate within 6 years69%
Full-time freshman retention (return for year 2)88%
Freshmen receiving Pell Grants20%
Freshmen taking federal loans49%
Average federal loan (freshmen who borrow)$5,155
Aid drop one year earlier (2021-22)$3,243

Sources: IPEDS Graduation Rates 2023 (DRVGR), Fall Enrollment 2023 (retention), SFA 2022-23 and 2021-22. "Freshmen" = first-time, full-time undergraduates.

Compare with other colleges Compare with the two most similar

More: all MI colleges · how aid changes after year one · lowest net price for low-income families · 2026-27 state cost reports

Similar colleges

CollegeFreshman grantDrop
Ferris State University$12,823$2,813
University of Michigan-Ann Arbor$22,005−$3,292
Lake Superior State University$11,464$3,164
University of Michigan-Flint$11,448$1,950
Wayne State University$10,862$1,453

Same state and control, closest average freshman grant. All colleges in this state.

Get a personal estimate from the college's own net price calculator.

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