by our College Data Analytics TeamIs Michigan Tech worth the money? Read College Factual's annual Michigan Tech value report to determine if the school is priced fairly for the quality of education they provide.
Michigan Technological University is ranked #1,460 out of 2,223 for value nationwide.
Based on our analysis of other colleges at similar price points, we believe Michigan Technological University is overpriced for the quality education it provides. (This takes into account average financial aid and may not apply to you if you have further scholarships, grant or aid provided to you.)
| School | Total Price | Value Grade |
|---|
*Total price is determined by multiplying average annual cost by time to graduate.
The Michigan Tech time to graduate is about 4.66 years and will cost an estimated $37,305 per year. This brings the total cost to 173,841.
| Amount | |
|---|---|
| Average Yearly Cost | $37,305 |
| Average Years to Graduate | 4.66 |
| Estimated Avg Total Cost of Degree | $173,841 |
Depending on your personal circumstances, your net price may be well below the average Michigan Tech net price, which could make this school a better value. You may quality for more financial aid, or be able to complete your degree faster than average. Get more details on Michigan Tech cost.
Most students will not pay the full sticker price and few students fit perfectly into averages.
Look at the table below to determine your likely cost of a bachelor's degree at Michigan Tech.
| Nationwide Value by Aid Group | Avg Degree Cost | Value Rank | Value Grade |
|---|---|---|---|
| Students with no Aid | $223,494 | #0 | F |
| All Students | $173,841 | #1,460 | D |
| Only Students Receiving Aid | $167,075 | #559 | B |
| In-State Value by Aid Group | Avg Degree Cost | Value Rank | Value Grade |
|---|---|---|---|
| Students with no Aid | $151,720 | # | F |
| All Students | $102,073 | # | F |
| Only Students Receiving Aid | $95,302 | # | F |
Note: the Value Grade for in-state students is calculated by looking only at other schools in the state of Michigan.
About 99% of Michigan Tech students receive financial aid. Get more details on what Michigan Tech financial aid you may qualify for.
College Factual calculates average total cost by multiplying net price by time to graduation. We then compare the average total cost to other schools of a similar quality to determine value. If the school is priced fairly based on the educational quality it receives a fair ranking. If it is underpriced it receives a good or excellent value.
Read the full Best for the Money Ranking Methodology.
Image Credit: By Michigan Technological University Photo Services under License
College Factual's Best for the Money Ranking Methodology.