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Rank: 160

Michigan Technological University

Houghton, MIwww.mtu.edu
Michigan Technological University, commonly referred to as Michigan Tech or MTU, was founded in the late 19th century as a school for mining engineers. It now offers more than 120 degree programs to its roughly 7,200 students. Its student body is mostly white and largely focused on engineering, and the vast majority of people receive financial aid. About a tenth of students take part in Greek life, although if you don't there's no shortage of things to do: Michigan Tech has its own ski and snowboard hill called Mont Ripley, and the city of Houghton has a solid nightlife scene. Fair warning: If you decide to become a Husky, you'll need a warm coat for the Winter Carnival, an annual festival during which students carve snow statues and play a sport called broomball (it's kind of like hockey). Those looking to go further afield can travel to one of MTU's 150 study abroad destinations.
costs
Est. Full Price 2019-2020
$30,400
% of students who get any grants
88%
Est. price for students who receive aid
$18,300
Average price for low-income students
$7,210
admissions
Acceptance rate
74%
Median SAT/ACT Score
1250/28
SAT/ACT required?
Yes
Enrollment
5,829
Financial Aid
% of students with need who get grants
78%
% of need met
71%
% of students who get merit* grants
25%
Average merit grant
$5,679
student success
Graduation rate
67%
Average time to a degree
4.7 years
Average student debt
$26,930
Average salary within 3 years
$64,600
% of low-income students who become upper middle class
47%
key deadlines
Early decision application
N/A
Regular application
Rolling

* Share of full-time undergraduates who had no financial need and were awarded grants.

Sources: U.S. Department of Education, Peterson's, PayScale.com, MONEY/College Measures calculations, Opportunity Insights.

* Share of full-time undergraduates who had no financial need and were awarded grants.

Sources: U.S. Department of Education, Peterson's, PayScale.com, MONEY/College Measures calculations, Opportunity Insights.

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