Breakdown of the Michigan Technological University's cost?

Hello! Can anyone help me understand the costs associated with attending Michigan Technological University? I'm trying to budget for next year, but having a hard time finding a clear breakdown. Thanks in advance!

Hello! I'd be more than happy to help break down the cost of attending Michigan Technological University. Keep in mind these numbers can change slightly every year but I will provide a rough estimate based on the current costs.

Tuition: Michigan Technological University's tuition for the 2024-2025 academic year is approximately $18,796 for in-state students and $42,662 for out-of-state students.

Room and Board: The cost for on-campus housing and meals can range depending on your housing assignment and meal plan, but the cost is generally around $13,050 per year.

Books and Supplies: The university estimates that students will spend about $1,200 per year on books and supplies.

Transportation and Personal Expenses: These costs can vary greatly depending on personal spending habits and travel needs. The university estimates around $2,000 - $3,000 for these expenses.

So for in-state students, the total estimated cost of attendance is approximately $36,157, and for out-of-state students, it's approximately $60,023, including personal expenses and transportation. Remember, these are just estimates and your own costs may vary, especially in areas like personal expenses.

Financial aid can be a significant resource in offsetting these costs, so I'd recommend completing your FAFSA (to calculate your SAI which will tell you what you can receive in federal aid) and also looking for other scholarship opportunities either through the university or outside third-party providers. The school's net price calculator (https://www.mtu.edu/admissions/financial/calculator/) can also be a good tool to estimate what kind of aid you may be eligible for. I hope this information helps you with your budgeting!