Sources of Undergraduate Student Financial Aid

Over 50 percent of our students' funding comes from various gift aid sources.

Percentage of Students Receiving Pell Grants

Though the federal government tightens restrictions on Pell Grants every year, the country has seen an overall increase in the number of grants administered in the past three years.

Three-Year Student-Loan Default Rate

The borrowers associated with the above data began loan repayment between Oct. 1, 2008, and Sept. 30, 2009, and they defaulted before Sept. 30, 2011.

Value: Average Starting Salary

The average starting salary for a Michigan Tech graduate is reputable. In fact, it is consistently among the top 15 in the nation for graduates of public universities.

Value: Placement Rate

Our placement rate is consistently high, a testament to our excellent reputation in industry and graduate schools around the world.

Financial Aid Processing

The Office of Financial Aid receives approximately 10,000 FAFSAs each year.