2024 Comprehensive Report on Rankings, Costs, Graduation Rate and More

$17,826

Net Price

86%

Admitted

21%

Enrolled

69%

Graduation Rate

13/1

Student / Faculty

University Detail

Michigan Technological University

is a public, four or more years institution with a total student enrollment of 7,008. In 2021, there were 12 psychology and social work graduates.

Psychology Degrees Offered

Bachelor

Psychology Graduates

12

Total Enrollment

7,008

Type

Public, Four or more years

Institution Accreditation

Higher Learning Commission

Psychology Programs Offered

For psychology degrees, Michigan Technological University offers General Psychology at the bachelor level.

In the table below, see the programs offered and the number of graduates in each program.

Psychology Graduates in 2021BS
General Psychology12
Total Graduates12
US Department of Education

Admission, Enrollment, Graduation

In the fall of 2021, 8,041 students applied to the Michigan Technological University. The university admitted 86% and 21% of those who were admitted also enrolled.

By comparison, the average number of applicants for Michigan universities is 8,599. On average, all Michigan institutions admit 75% and 24% of those who were admitted end up enrolling into the institution.

The percentage of Michigan Technological University students who return after their first year to begin their second year is 85%. Compared to all Michigan four or more years colleges, the percentage is 72%.

The overall graduation rate for Michigan Technological University is 69%, compared to 57% for all Michigan universities, while the number of students who transferred out of the program is 29%.

  • Credits Accepted: Dual enrollment, Advanced placement (AP) credits

Compare MTU to Michigan Four or more years Colleges
Offering Psychology Degrees

Compare admission, acceptance, retention and graduation rates of Michigan Technological University to the average of all Michigan four or more years schools that offer psychology degrees.

Why it Matters

Compare Admission and Enrollment

Low admission rates and high enrollment rates denote not only how selective a school is, but also how in-demand the school is. High graduation rates show the overall success of an institution.

MTU

8,041

Applicants

86%

Percent Admitted

21%

Percent Enrolled

85%

1st Time Student Retention Rate

69%

Graduation Rate

MI Colleges

8,599

Applicants

75%

Percent Admitted

24%

Percent Enrolled

72%

1st Time Student Retention Rate

57%

Graduation Rate

Student & Faculty Information

In the fall of 2021, there were 539 or 82% full-time instructional or research faculty members of all faculty and there were 120 or 18% part-time faculty members employed at Michigan Technological University. The number of full-time instructional faculty was 390 or 59%.

Part-time teachers are paid less and cost less, so any organization with a disproportionate number of part-time teachers can invest money in more important areas. However, as part-time teachers, participants can work full-time in their profession and bring experience to the classroom.

Why it Matters

Compare Faculty Numbers

Low student faculty ratios and high full-time instructional percentages indicate that institutions focus their investments in areas that matter most to students.

MTU

13 / 1

Student Faculty Ratio

82%

Percent Full-Time

18%

Percent Part-Time

59%

Percent Full-Time Instructional

MI Colleges

14 / 1

Student Faculty Ratio

51%

Percent Full-Time

49%

Percent Part-Time

49%

Percent Full-Time Instructional

Tuition and Student Expenses

For the 2021-2022 academic year at Michigan Technological University the average cost of undergraduate tuition is $17,903, and the average cost for books and supplies is $1,200.

For graduate students, the average cost for tuition is $22,725 and the average cost for graduate fees is $256.

In the table below, find the average total expenses to attend Michigan Technological University in 2021-2022 including tuition, room, board and living expenses for both undergraduate and graduate students.

Note that the average total expenses do not include financial aid, grants, loans or scholarships. You can find the average financial aid and net price data in the sections below.

Expenses for Michigan Technological University2021-2022
On Campus Room & Board$11,655
On-Campus Living Expenses$2,389
Total Living Expenses$14,044
Tuition for In-State, Undergraduate$17,903
Books and Supplies, Undergraduate$1,200
Total Undergraduate Expenses$33,147
In-State, Graduate Tuition$22,725
In-State, Graduate Fees$256
Total Graduate Expenses$22,981
US Department of Education

Net Price

Average Net Price

The average net price to attend Michigan Technological University is $17,826. Average net price is calculated by adding tuition, room, board, living costs, books, supplies together and then subtracting the average financial (grants, scholarships and loans) for federal financial aid recipients.

In other words, the average net price is the average amount students pay to attend this university for one year.

Average net price is calculated from the most recent data supplied by each institution to the US Department of Education and is found by subtracting the average amount of federal, state/local government, or institutional grant or scholarship aid from the total cost of attendance. The total cost of attendance is the sum of published tuition and required fees (lower of in-district or in-state), books and supplies, and the weighted average for room and board and other expenses.

Net Price by Family Income

Depending on the federal, state, or institutional grant aid available, the table below shows the average amount students pay to attend Michigan Technological University presented by family income bracket.

Students may pay more or less depending on their individual circumstances; however, these are the average costs as tracked by the university and reported to the U.S. Department of Education.

Average Net Price by Income2020-20212021-2022
$0 – $30,000$5,520$7,006
$30,001 – $48,000$8,983$8,254
$48,001 – $75,000$11,794$11,285
$75,001 – $110,000$17,069$17,629
$110,001 and more$22,086$23,430
US Department of Education

Compare Michigan Technological University to all Michigan universitas that offer psychology degrees for the cost to attend, average financial aid, percent of students receiving aid and the average net price to attend.

For program ranking, we see a lower overall cost of tuition and cost of living expenses minus the average financial aid a student may receive as the ranking factor student may want to consider.

Why it Matters

Compare Average Cost to Attend and Net Price

Low student faculty ratios and high full-time instructional professors indicates to us institutions that focus their investments in areas that matter most: the education of students by the best instructors possible.

MTU

$33,147

Cost to Attend

$12,385

Average Financial Aid

99%

Percent Receiving Aid

$17,826

Net Price

MI Colleges

$33,439

Cost to Attend

$12,508

Average Financial Aid

94%

Percent Receiving Aid

$16,125

Average Net Price

Financial Aid

The number of beginning students who enter postsecondary education for the first time and receive financial aid is 1,191 or 99%.

The number of undergraduate students who receive a grant or scholarship is 5,484 and the average amount of their grant or scholarship is $12,385.

All Undergraduate Students

Type of Aid# Receiving AidAverage Aid Received
Grant or Scholarship Aid5,484$12,385
Pell Grants1,139$5,000
Federal Student Loans2,827$6,100
US Department of Education

Below, compare the financial aid students receive at the Michigan Technological University to all schools across the United States that offer psychology degrees.

We see higher percentages of those receiving aid and the percent that aid covers the net price of education as an indicator of the strength of the institution.

Why it Matters

Compare Financial Aid

Financial Aid can make the difference between being able to afford college or being priced out of college. Many students may find college far more affordable than they could imagine, when accounting for the various kinds of financial aid available.

MTU

5,484

Grant or Scholarship Aid

58%

Grants or Scholarships

1,139

Number of Pell Grants

12%

Pell Grants

2,827

Federal Student Loans

30%

Federal Student Loans

MI Colleges

4,643

Grant or Scholarship Aid

52%

Grants or Scholarships

1,877

Number of Pell Grants

21%

Pell Grants

2,430

Federal Student Loans

27%

Federal Student Loans

See Additional Psychology Schools for Michigan.

psychology Source Data from

See all data sources including 1,934 Psychology School Programs