Michigan Tech News

Michigan Tech Moves to Plateau Tuition

Last Modified 9:14 AM on Thu Mar 7, 2013

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By Jennifer Donovan

March 7, 2013—

Michigan Tech has announced a move to a plateau tuition plan for undergraduates beginning with the fall 2013 semester. The decision to adopt the plateau tuition plan was made by the University’s Financial Data Group after a thorough analysis.

The plateau will be set at 12-18 credit hours. That means undergraduates will pay a flat rate for a course load ranging from 12 to 18 credit hours. In fall 2011, full time undergraduate students on average took 14.7 credits per semester. In fall 2012, the average was 14.6. 

The dollar amount of the plateau tuition will be determined at the May meeting of Michigan Tech’s Board of Control, when the Board will set tuition rates for the coming year. The plateau plan does not apply to graduate-level tuition.

Tech joins five other state universities in Michigan that already have adopted plateau tuition plans.  They are Northern Michigan University, University of Michigan, Western Michigan University, Grand Valley State University and Lake Superior State University. 

In a presentation to the Board Finance Committee last week, Les Cook, vice president for student affairs, listed some of the benefits of the plateau tuition plan.:

"This decision has been made after careful deliberations, including a careful financial analysis,” said Provost Max Seel. “In the end, I believe that the educational benefits—that students can fully explore the college experience and take classes they otherwise would not have taken—carry the argument. Easier financial budget planning is a welcome byproduct."

During exploration of the idea of a plateau tuition plan, the University encouraged undergraduates to express their opinions about it. Approximately 100 students responded directly to Vice President Cook.  Of those responding, two-thirds favored moving to a plateau rate.

“We believe that plateau tuition will help our students and their families plan better for the costs of their education,” Cook said.

Michigan Technological University (www.mtu.edu) is a leading public research university developing new technologies and preparing students to create the future for a prosperous and sustainable world. Michigan Tech offers more than 130 undergraduate and graduate degree programs in engineering; forest resources; computing; technology; business; economics; natural, physical and environmental sciences; arts; humanities; and social sciences.

Original URL: http://www.mtu.edu/news/stories/2013/march/story86149.html