Overall Rating Gold
Overall Score 65.69
Liaison Alan Turnquist
Submission Date July 24, 2023

STARS v2.2

Michigan Technological University
PA-8: Affordability and Access

Status Score Responsible Party
Complete 2.71 / 4.00 Alan Turnquist
Director of Sustainability and Resilience
Office of the President
"---" indicates that no data was submitted for this field

Provide at least one of the following figures:

Percentage of need met, on average, for students who were awarded any need-based aid :
87

Percentage of students graduating without student loan debt:
35

Percentage of entering students that are low-income:
20

Graduation/success rate for low-income students:
62

Optional Fields

A brief description of notable policies or programs to make the institution accessible and affordable to low-income students:
Michigan Tech offers need-based aid. Need is determined by FAFSA results, and in terms of federal need-based aid, students could be offered the Pell Grant, SEOG, subsidized federal loans, and federal work-study. Among State of MI aid that is offered for students with need, the Tuition Incentive Program, Michigan Competitive Scholarship, and Fostering Futures Scholarship. Finally, Michigan Tech offers significant institutional gift aid and sponsored gift aid for students with financial need.
https://www.mtu.edu/admissions/tuition/paying/
https://www.mtu.edu/finaid/students/prospective/foster-care/
https://www.mtu.edu/finaid/students/current/university/
https://www.mtu.edu/finaid/students/current/supplemental/

A brief description of notable policies or programs to support non-traditional students:
Working Families Scholarship: https://www.mtu.edu/finaid/students/prospective/working-families/

Estimated percentage of students that participate in or directly benefit from the institution’s policies and programs to support low-income and non-traditional students:
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Website URL where information about the institution’s accessibility and affordability initiatives is available:
https://www.mtu.edu/finaid/

Additional documentation to support the submission:
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Data source(s) and notes about the submission:
Provided by Institutional Research

The information presented here is self-reported. While AASHE staff review portions of all STARS reports and institutions are welcome to seek additional forms of review, the data in STARS reports are not verified by AASHE. If you believe any of this information is erroneous or inconsistent with credit criteria, please review the process for inquiring about the information reported by an institution or simply email your inquiry to stars@aashe.org.