Paying for College

Student studying.

Michigan Tech is committed to making a flagship technological university education affordable for the students tomorrow needs. That's why nearly 90 percent of our students receive some form of financial aid through scholarships, grants, loans, employment, and more.

Use our net-price calculator to see what merit-based scholarships and need-based financial aid you may qualify for at Michigan Tech and find more information on aid opportunities below.

FAFSA

The Free Application for Federal Student Aid (FAFSA) allows you to apply for need-based federal and state financial aid on an annual basis. Students who file a FAFSA by December 1 will receive an award notification starting in January.

Use the table below for details about when to file the FAFSA and which year's tax information is required. See our frequently asked questions for additional details about submitting your FAFSA.

FAFSA Dates
Semester of enrollment FAFSA to file Begin to file Use tax information from
Spring 2023 2022-2023 As soon as possible 2020
Summer 2023 2022-2023 As soon as possible 2020
Fall 2023 2023-2024 October 1, 2022 2021

Use our federal school code, 002292, to have your FAFSA results released to Michigan Tech.

Grants and Loans

Grants are gift aid based on need and are available to US citizens and permanent residents. Accepted students are automatically considered for grant programs if their FAFSA results are released to Michigan Tech. Students must apply for grant renewal each year by re-filing the FAFSA.

Loans are borrowed money which must be repaid. They are available to most US citizens and permanent residents. Each loan program has certain maximum limits for borrowing; however, students may not borrow more than the cost of attendance.

Accepted students are automatically considered for loans if their FAFSA results are released to Michigan Tech and they indicate an interest in receiving loans on the FAFSA. Students must apply for loan renewal each year by re-filing the FAFSA and making progress in obtaining their degree according to the Satisfactory Progress Policy.

Co-Ops and Internships

Co-ops and internships are also popular options for students. Students often find these opportunities during our fall and spring Career Fairs, where more than 400 companies attend annually to recruit Michigan Tech students for co-ops, internships, and full-time jobs. The average co-op salary for Michigan Tech students? More than $22 per hour.

Student Employment

Many students at Michigan Tech take on part-time jobs to gain skills and experience and help pay for college.

All students, regardless of financial need, may apply for part-time on-campus jobs. Jobs range from reception desk staff members to campus tour guides, learning center coaches, and retail positions across campus. You can apply directly to the desired departments after arriving on campus. On average, 2,000 to 2,500 students are employed on campus each year. Nearly every department—academic and administrative—employs students.

Federal work-study employment opportunities are on-campus jobs available to students who are US citizens or permanent residents and who have financial need. Accepted students are automatically considered for work-study if their FAFSA results are released to Michigan Tech and they indicate on the FAFSA they wish to be considered for student employment. Students must reapply for work-study each year and must meet the Satisfactory Progress Policy requirements. Students normally work eight to 10 hours per week during academic semesters, and a maximum of 40 hours per week during the summer.

Employment opportunities are also available in the local community—retail, restaurants, and everything in between. See local jobs resources through Career Services for more information.

ROTC

Michigan Tech offers opportunities in both Army ROTC and Air Force ROTC. In addition to leadership and military training, cadets in these programs can earn scholarships to help cover the cost of their education. Scholarships for high school students are awarded on a competitive basis.

Additional Opportunities and Resources

Find more ways to help fund your education and contact the Financial Aid Office with any questions at 888-688-1885 or email finaid@mtu.edu.