Michigan Technological University

Add Comparison

2017 Undergraduate Tuition

$15,889

3.84% growth from 2016

2017 Average Net Price

$17,139

After Financial Aid

2016 Student Loan

2.86%

Default Rate

2017 Acceptance Rate

74.5%

5,469 Applicants

2017 Enrolled Students

7,292

88.9% Full-Time

2017 Graduation Rate

66.5%

769 Graduates

About

Michigan Technological University is a higher education institution located in Houghton County, MI. In 2016, the most popular Bachelor's Degree concentrations at Michigan Technological University were Mechanical Engineering (220 degrees awarded), Electrical & Electronics Engineering (94 degrees), and General Civil Engineering (79 degrees).

In 2017, 1,805 degrees were awarded across all undergraduate and graduate programs at Michigan Technological University. 27.5% of these degrees were awarded to women, and 72.5% awarded men. The majority of degree recipients were white (1,177 degrees), 26.8 times more than then the next closest race/ethnicity group, unknown (44 degrees).

The median undergraduate tuition at Michigan Technological University is $15,889, which is $-10,611 less than the national average for Doctoral Universities ($26,500).

Costs

The median undergraduate tuition at Michigan Technological University is $15,889, which is $-10,611 less than the national average for Doctoral Universities ($26,500).

After taking grants and loans into account, the average net price for students is $17,139.

In 2017, 88% of undergraduate students received federal grants, while 57% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$15,889

2017 Undergraduate Tuition

In 2017, the cost of tuition at Michigan Technological University was $15,889. The cost of tuition at Michigan Technological University is $-10,611 less than than the overall (public and private) national average for Doctoral Universities ($26,500).

This chart compares the tuition costs of Michigan Technological University (in red) with those of other similar universities.

View Data
Save Image
Add Data to Cart

Average Net Price

$17,139

2017 Value

5.3%

1 Year Growth

In 2017 Michigan Technological University had an average net price — the price paid after factoring in grants and loans — of $17,139. Between 2016 and 2017, the average net price of Michigan Technological University grew by 5.3%.

This chart compares the average net price of Michigan Technological University (in red) with that of other similar universities.

Average net price is calculated from full-time beginning undergraduate students who were awarded a grant or scholarship from federal, state or local governments, or the institution.

View Data
Save Image
Add Data to Cart

Other Student Expenses

$10,105

Room and Board

$1,200

Books and Supplies

The average yearly cost of room and board at Michigan Technological University was of $10,105 in 2017. During the same period, the average yearly cost of books and supplies was $1,200. The cost of room and board increased by 2.52% between 2016 and 2017. The cost of books and supplies did not change during the same period.

This chart compares the average student costs at Michigan Technological University (in red) with that of similar universities.

View Data
Save Image
Add Data to Cart

Financial Aid

Financial Aid by Income Level

88%

Of Undergraduates Receive Grants

57%

Of Undergraduates Receive Federal Loans

88% of undergraduate students at Michigan Technological University received grants or loans in 2017. This represents a growth of 1.15% with respect to 2016, when 87% of undergraduate students received financial aid.

This chart compares the average award discount at Michigan Technological University (in red) with that of other similar universities.

The average award discount is the ratio between the average grant or scholarship value, and the cost, which is the sum of out-of-state tuition, room, board, book, supplies, and other expenses.

View Data
Save Image
Add Data to Cart

Student Loan Default Rate

Cohort default rates only account for borrowers who default in the first three years, and some schools only have a small proportion of borrowers entering repayment. These rates should be interpreted with caution, as they may not be reflective of the entire school population.

2.86%

2016 Default Rate

34

Number of Defaults

In 2016 the default rate for borrower's at Michigan Technological University was 2.86%, which represents 34 out of the 1188 total borrowers.

A cohort default rate is the percentage of a school's borrowers who enter repayment on certain Federal Family Education Loan (FFEL) Program or William D. Ford Federal Direct Loan (Direct Loan) Program loans during a particular federal fiscal year (FY), October 1 to September 30, and default or meet other specified conditions prior to the end of the second following fiscal year.

View Data
Save Image
Add Data to Cart

Admissions

Michigan Technological University received 5,469 undergraduate applications in 2017, which represents a 2.15% annual decline. Out of those 5,469 applicants, 4,074 students were accepted for enrollment, representing a 74.5% acceptance rate.

There were 7,292 students enrolled at Michigan Technological University in 2017, and 69% of first-time enrollees submitted SAT scores with their applications.

Michigan Technological University has an overall enrollment yield of 32.5%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

74.5%

Acceptance Rate in 2017

4,074

Accepted Out of 5,469

In 2017, the undergraduate acceptance rate of Michigan Technological University was 74.5% (4,074 admissions from 5,469 applications). This is lower than the acceptance rate of 2016, which was 76.4%. Between 2016 and 2017, the number of applicants declined by -2.15%, while admissions declined by -4.63%.

This chart compares the acceptance rate of Michigan Technological University (in red) with that of other similar universities.

View Data
Save Image
Add Data to Cart
View Data
Save Image
Add Data to Cart

SAT Scores

69%

Submission Percentage

909

Scores Submitted

69% of enrolled first-time students at Michigan Technological University in 2017 submitted SAT scores with their applications.

This chart shows the SAT scores for the 25th and 75th percentile of applicants broken out into each section of the test that their are evaluated on.

View Data
Save Image
Add Data to Cart

Enrollment

Michigan Technological University has a total enrollment of 7,292 students. The full-time enrollment at Michigan Technological University is 6,483 students and the part-time enrollment is 809. This means that 88.9% of students enrolled at Michigan Technological University are enrolled full-time.

The enrolled student population at Michigan Technological University, both undergraduate and graduate, is 77.3% White, 2.52% Two or More Races, 1.76% Hispanic or Latino, 1.33% Asian, 0.946% Black or African American, 0.274% American Indian or Alaska Native, and 0.0549% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Michigan Technological University in full-time Undergraduate programs are majority White Male (65.1%), followed by White Female (23.3%) and Two or More Races Male (1.82%). Students enrolled in full-time Graduate programs are majority White Male (16.6%), followed by White Female (6.56%) and Two or More Races Female (0.605%).

Full-Time vs Part-Time Enrollment

88.9%

Full-Time Enrollment

The total enrollment at Michigan Technological University, both undergraduate and graduate, is 7,292 students. The full-time enrollment at Michigan Technological University is 6,483 and the part-time enrollment is 809. This means that 88.9% of students enrolled at Michigan Technological University are enrolled full-time compared with 78% at similar Doctoral Universities.

This chart shows the full-time vs part-time enrollment status at Michigan Technological University (in red) compares to similar universities.

View Data
Save Image
Add Data to Cart

Retention Rate over Time

83%

2017 Retention Rate

Retention rate measures the number of first-time students who began their studies the previous fall and returned to school the following fall. The retention rate for full-time undergraduates at Michigan Technological University was 83%. Compared with the full-time retention rate at similar Doctoral Universities (83%), Michigan Technological University had a retention rate approximately the same as its peers.

This chart shows the retention rate over time at Michigan Technological University (highlighted in red) compares to similar universities.

View Data
Save Image
Add Data to Cart

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity

  1. White

    5,635

  2. Two or More Races

    184

  3. Hispanic or Latino

    128

The enrolled student population at Michigan Technological University is 77.3% White, 2.52% Two or More Races, 1.76% Hispanic or Latino, 1.33% Asian, 0.946% Black or African American, 0.274% American Indian or Alaska Native, and 0.0549% Native Hawaiian or Other Pacific Islanders. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Doctoral Universities is 51.5% White, 13.4% Hispanic or Latino, and 9.57% Black or African American.

Any student who is studying in the United States on a temporary basis is categorized as a "Non-Resident Alien", and the share of those students are shown in the chart below. Additionally, 160 students (2.19%) did not report their race.

View Data
Save Image
Add Data to Cart
View Data
Save Image
Add Data to Cart

Graduates

In 2017, 813 fewer women than men received degrees from Michigan Technological University. The majority of degree recipients at Michigan Technological University are white (1,177 degrees awarded). There were 26.8 times more white graduates than the next closest race/ethnicity group, unknown (44 degrees).

The most common Bachelor's Degree concentration at Michigan Technological University is Mechanical Engineering (220 degrees awarded), followed by Electrical & Electronics Engineering (94 degrees) and General Civil Engineering (79 degrees).

The most specialized majors across all degree types at Michigan Technological University, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Engineering (1,149 degrees awarded), Natural Resources & Conservation (54 degrees), and Physical Sciences (74 degrees).

Workforce

Common Jobs by Major

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Michigan Technological University are Physicians (483,967 people), Other managers (472,895 people), Software developers (428,888 people), Miscellaneous engineers, including nuclear engineers (331,851 people), and Postsecondary teachers (303,647 people).

The most specialized majors at Michigan Technological University are Engineering (1,149 degrees awarded), Natural Resources & Conservation (54 degrees), Physical Sciences (74 degrees), Math & Statistics (51 degrees), and Biology (76 degrees).

View Data
Save Image
Add Data to Cart

Highest Paying Jobs by Major

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Michigan Technological University are Surgeons, Chemists & materials scientists, Dentists, Securities, commodities, & financial services sales agents, and Physicians

The most specialized majors at Michigan Technological University are Engineering (1,149 degrees awarded), Natural Resources & Conservation (54 degrees), Physical Sciences (74 degrees), Math & Statistics (51 degrees), and Biology (76 degrees).

View Data
Save Image
Add Data to Cart

Common Industries by Major

The most common industries for people who hold a degree in one of the 5 most specialized majors at Michigan Technological University are Colleges, universities & professional schools, including junior colleges (599,128 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (579,141 people), Computer Systems Design (525,338 people), Architectural, engineering & related services (463,352 people), and Elementary & secondary schools (355,604 people).

The most specialized majors at Michigan Technological University are Engineering (1,149 degrees awarded), Natural Resources & Conservation (54 degrees), Physical Sciences (74 degrees), Math & Statistics (51 degrees), and Biology (76 degrees).

View Data
Save Image
Add Data to Cart

Degrees

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Michigan Technological University.

Most Common

  1. 220 degrees awarded

  2. 94 degrees awarded

  3. 79 degrees awarded

In 2017, the most common bachelors degree concentration at Michigan Technological University was Mechanical Engineering with 220 degrees awarded.

This visualization illustrates the percentage of degree recipients from bachelors degree programs at Michigan Technological University according to their major.

View Data
Save Image
Add Data to Cart

Gender Breakdown for Common Majors

Degrees Awarded to Men

  1. 1,309

  2. 496

In 2017, 1,309 degrees were awarded to men at Michigan Technological University, which is 2.64 times more than the number of degrees awarded to females (496).

This chart displays the gender disparity between the top 5 majors at Michigan Technological University by degrees awarded.

View Data
Save Image
Add Data to Cart

Most Common Male Majors

In 2017, 331 degrees were awarded to men at Michigan Technological University in Mechanical Engineering, which is 6.37 times more than the 52 female recipients with that same degree.

View Data
Save Image
Add Data to Cart

Most Common Female Majors

In 2017, 52 degrees were awarded to women at Michigan Technological University in Mechanical Engineering, which is 0.157 times less than the 331 male recipients with that same degree.

View Data
Save Image
Add Data to Cart

Time to Complete

23%

100% Completion Time

65%

150% Completion Time

In 2017, 23% of students graduating from Michigan Technological University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 65% completed their degrees within 150% of the normal time, and 67% within 200%.

The following chart shows these completion rates over time compared to the average for the Doctoral Universities Carnegie Classification group.

Graduation rate is defined as the percentage of full-time, first-time students who received a degree or award within a specific percentage of "normal time" to completion for their program.

View Data
Save Image
Add Data to Cart

Diversity

Graduation Rate by Race and Gender

Showing demographic groups with ≥ 5 graduating students.

Two or More Races Female

Highest Graduation Rate (87.5%)

The student demographic with the highest graduation rate at Michigan Technological University is Female and Two or More Races (87.5% graduation rate). Across all Doctoral Universities, Asian Female students have the highest graduation rate (68.1%).

The department of education defines graduation rate as the percentage of full-time, first-time students who received a degree or award within 150% of "normal time" to completion.

The National Center for Education Statistics (NCES) categorizes any student who is studying in the United States on a temporary basis as a "Non-Resident Alien", and the graduation rate of those students is shown in the chart below. Additionally, 1.43% of graduates (11 students) did not report their race.

View Data
Save Image
Add Data to Cart
View Data
Save Image
Add Data to Cart

Race & Ethnicity by Share

Most Common Student Race or Ethnicity

  1. White

    1,177 degrees awarded

  2. Unknown

    44 degrees awarded

  3. Two or More Races

    38 degrees awarded

The most common race/ethnicity at Michigan Technological University is white (1,177 degrees awarded). There were 26.8 times more white recipients than the next closest race/ethnicity group, unknown (44 degrees).

2.44% of degree recipients (44 students) did not report their race.

View Data
Save Image
Add Data to Cart

Race & Ethnicity by Gender

Most Common Gender Demographic

  1. White Male

    832 degrees awarded

  2. White Female

    345 degrees awarded

  3. Two or More Races Male

    23 degrees awarded

The most common race/ethnicity and gender grouping at Michigan Technological University is white male (832 degrees awarded). There were 2.41 times more white male recipients than the next closest race/ethnicity group, white female (345 degrees).

View Data
Save Image
Add Data to Cart

Operations

Michigan Technological University has an endowment valued at nearly $106M, as of the end of the 2017 fiscal year. The return on its endowment was of $15.2M (14.3%), compared to the 5.91% average return ($16.9M on $287M) across all Doctoral Universities.

In 2017, Michigan Technological University had a total salary expenditure of $261M. Michigan Technological University employs 131 Associate professors, 116 Professors, and 92 Assistant professors. Most academics at Michigan Technological University are Male Associate professors (94), Male Professors(93), and Male Assistant professors (61).

The most common positions for non-instructional staff at Michigan Technological University are: Office and Administrative Support, with 166 employees, Business and Financial Operations, with 165 employees, and Service with 151 employees.

Finances

Endowment

$106M

2017 Endowment

9%

growth from 2016

Michigan Technological University has an endowment valued at about $106M, as of the end of the 2017 fiscal year. The endowment of Michigan Technological University grew 9% from the previous year. The value of their endowment was $180M lower than than the median endowment of Doctoral Universities according to the Carnegie Classification grouping.

This line chart shows how the endowment at Michigan Technological University (in red) compares to that of some similar universities.

The small bar chart below shows the endowment quintiles for all universities in the Doctoral Universities: Higher Research Activity Carnegie Classification grouping.

View Data
Save Image
Add Data to Cart
View Data
Save Image
Add Data to Cart

Government Grants and Contracts

Grants & Contracts

  1. $23.9M - Federal

  2. $3.69M - State

  3. $0 - Local

As of 2017, Michigan Technological University received $23.9M in grants and contracts from the federal government, $3.69M from state grants and contracts, and $0 from local grants and contracts.

View Data
Save Image
Add Data to Cart

Expenses

Salary Expenditure

$121M

2017 Salaries

3.76%

growth from 2016

In 2017, Michigan Technological University paid a median of $121M in salaries, which represents 46.4% of their overall expenditure ($261M) and a 3.76% growth from the previous year. This is compared to a 0.691% decline from 2015 and a 3.53% growth from 2014.

The median for similar Doctoral Universities is 215M (42.7% of overall expenditures).

View Data
Save Image
Add Data to Cart

Instructional Salaries

$38M

Instructional Salaries

415

Number of Employees

In 2017, Michigan Technological University paid a total of $38M to 415 employees working as instructors, which represents 31.5% of all salaries paid.

This is compared to a median of $61.3M (31.9%) for similar Doctoral Universities: Higher Research Activity.

View Data
Save Image
Add Data to Cart

Faculty and Staff

Occupations by Share

Associate professor

Most Common Instructor

131 Employees

Office and Administrative Support

Most Common Non-Instructional Employee

166 Employees

In 2017, the most common positions for instructional staff at Michigan Technological University were Associate professor with 131 employees; Professor with 116 employees; and Professor with 92 employees.

In 2017, the most common positions for non-instructional staff at Michigan Technological University were Office and Administrative Support with 166 employees; Business and Financial Operations with 165 employees; and Service with 151 employees.

View Data
Save Image
Add Data to Cart

Instructors by Academic Rank and Gender

Most Common Demographic

  1. Male Associate professor

  2. Male Professor

  3. Male Assistant professor

In 2017, the most common demographic for instructional staff at Michigan Technological University was Male Associate professor with 94 employees, Male Professor with 93 employees, and Male Assistant professor with 61 employees.

This chart shows the gender split between each academic rank present at Michigan Technological University.

View Data
Save Image
Add Data to Cart