2023 Comprehensive Report on Rankings, Costs, Graduation Rate and More
Student / Faculty
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
Public, Four or more years
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 2021||BS|
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%.
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.
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.
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 University||2021-2022|
|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|
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 Income||2020-2021||2021-2022|
|$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|
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.
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 Aid||Average Aid Received|
|Grant or Scholarship Aid||5,484||$12,385|
|Federal Student Loans||2,827||$6,100|
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.
See Additional Psychology Schools for Michigan.
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