Hey y'all, recently I've started to consider Michigan Tech as one of my top choices, but, I'm a bit apprehensive about the cost. Does anyone have any insights on how much attending Michigan Tech would cost per year?
Sure, I can provide some info on this! The total estimated cost of attendance at Michigan Tech for the 2024-2025 school year is around $36,157 for in-state students and $60,023 for out-of-state students. These estimations include tuition, fees, room and board, books, and personal/miscellaneous expenses.
However, it's worth noting that these are just ballpark figures -- your actual expenses could vary based on factors like the type of meal plan and housing option you choose, as well as your personal lifestyle and spending habits.
Additionally, you should be aware that many students don’t pay the sticker price. Financial aid, scholarships, and work-study programs can significantly reduce the cost. Michigan Tech does offer both merit-based and need-based aid. To get an estimate tailored to your financial situation, I recommend using Michigan Tech's net price calculator available on their website (https://www.mtu.edu/admissions/financial/calculator/). That can give you a more accurate estimate of your potential out-of-pocket cost after accounting for any financial aid you might be awarded.
Bear in mind that any loans you take out will have to be repaid starting six months after graduation (or after you drop below halftime enrollment), so factor that into your decision-making process. It's important to find a balance between a school that is a good academic and personal fit, and one that is financially feasible for you and your family.
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