Resident Undergraduate Sample

2022-2023 Financial Aid Package

►For Blizzard T. Husky

September 10, 2022

Hello, Blizzard! We are pleased to present your financial aid information for Michigan Tech. 

Your 2022-2023 Financial Aid

 

Fall

Spring

Summer

Total

Gift Aid

Federal Pell Grant

$2,373

$2,372

$0

$4,745

Federal Supplemental E O Grant

$100

$100

$0

$200

Presidential Platinum Scholars

$2,750

$2,750

$0

$5,500

University Student Aid Grant*

$3,500

$3,500

$0

$7,000

Additional Financial Resources

Pontiac Promise Zone

$4,000

$0

$0

$4,000

Employment

Federal Work Study

$1,160

$1,160

$0

$2,320

Student Loans

Fed Direct Subsidized Loan

$1,750

$1,750

$0

$3,500

Fed Direct Unsubsidized Loan

$1,000

$1,000

$0

$2,000

Total Financial Aid

$29,265

Cost of Attendance (Resident UG)

Tuition and Fees

$17,300

Room and Board

$11,948

Lab and Course Fees

$585

Direct Cost Total

$29,833

Books and Supplies

$1,200

Federal Loan Origination Fee

$64

Personal and Travel

$1,740

Indirect Costs Total

$3,004

Total Fall/Spring Cost of Attendance

$32,837

Your Estimated Out-of-Pocket Cost after Financial Aid$3,572

*The University Student Aid Grant is based on the financial need. FAFSA filing errors and/or additional financial aid received may result in this award being reduced accordingly.

Expected Family Contribution (EFC): $1,773

Please review the enclosed materials for additional information. Your cost of attendance and financial aid are estimates and are subject to change. Your financial aid package will be determined based on a full review of your financial aid eligibility and verification of your Free Application for Federal Student Loan (FAFSA). Any additional scholarships or grants received that are not reflected above may result in needs-based aid being reduced accordingly. For payment plan information and other financial options and resources, visit: mtu.edu/finaid/understandingaid