Michigan Tech Provided $14,609 in Grant/Scholarship to 99% Students in 2022

Average Grant & Scholarships

In 2022, 99 of freshman students at Michigan Technological University received on average $14,609 in grant and scholarships from the college, the state and/or the federal government. Below is detail stats of the aid provided to full-time, freshman students.

	Students Receiving Aid	Average Amount	Total Amount
Pell Grant	251	21%	$4,886	$1,226,343
Other Federal Grant	1,135	95%	$1,802	$2,045,046
State Grant/Scholarships	286	24%	$7,025	$2,009,079
Institutional Grant/Scholarships	1,127	94%	$11,829	$13,330,791
Total Grant & Scholarships	1,190	99%	$14,609	$17,384,916

Students Receiving Aid

Average Amount

Total Amount

Pell Grant

251

21%

$4,886

$1,226,343

Other Federal Grant

1,135

95%

$1,802

$2,045,046

State Grant/Scholarships

286

24%

$7,025

$2,009,079

Institutional Grant/Scholarships

1,127

94%

$11,829

$13,330,791

Total Grant & Scholarships

1,190

99%

$14,609

$17,384,916

	Students Receiving Loan	Average Amount	Total Amount
Federal Student Loans	615	51%	$5,073	$3,119,986
Private Loans	167	14%	$14,311	$2,389,901
Total Loans	631	53%	$8,732	$5,509,887

Students Receiving Loan

Average Amount

Total Amount

Federal Student Loans

615

51%

$5,073

$3,119,986

Private Loans

167

14%

$14,311

$2,389,901

Total Loans

631

53%

$8,732

$5,509,887

Yellow Ribbon Program

Yellow Ribbon Program is a voluntary program through which participating public and private institutions can provide veterans and eligible beneficiaries additional institutional aid to cover the costs of tuition and fees at their institutions. The Yellow Ribbon Program is a supplementary program to the Post 9/11 GI Bill coverage of in-state tuition and fees. The Department of Veterans Affairs matches the institutional aid provided beyond the in-state tuition and fees, but to certain limit each year.

Post-9/11 GI Bill

Post 9/11 GI Bill is a federal education benefit program for veterans, who served on active duty after September 10, 2001. This Department of Veteran Affairs benefit provides up to 36 months of education benefits at an approved institution for the following college costs: tuition and fees, books and supplies and housing. The tuition and fees payment, which is the cost for an in-state student attending a public institution, is made directly to the post-secondary institution whereas payments for books and supplies and housing are sent directly to the student.

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Michigan Technological University

Average Grant & Scholarships

Average Student Loans

Financial Aid By Income Level

Yellow Ribbon Program

Post-9/11 GI Bill

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