Michigan Technological University

https://www.mtu.edu

Add Comparison
    2024 Undergraduate Tuition
    $20,206
    4% growth from 2023
    2024 Average Net Price
    $16,879
    After Financial Aid
    2024 Acceptance Rate
    92.4%
    11,491 Applicants
    2024 Enrolled Students
    7,403
    89.8% Full-Time
    2024 Graduation Rate
    68%
    845 Graduates

    About

    Michigan Technological University is a higher education institution located in Houghton County, MI. In 2024, the most popular Bachelors Degree concentrations at Michigan Technological University were Mechanical Engineering (175 degrees awarded), Chemical Engineering (78 degrees), and Electrical & Electronics Engineering (78 degrees).

    In 2024, 1,909 degrees were awarded across all undergraduate and graduate programs at Michigan Technological University. 34.4% of these degrees were awarded to women, and 65.6% awarded men. The most common race/ethnicity group of degree recipients was white (1,295 degrees), 20.6 times more than then the next closest race/ethnicity group, two or more races (63 degrees).

    The median undergraduate tuition at Michigan Technological University is $20,206, which is $−11,714 less than the national average for Doctoral Universities ($31,920).

    Doctoral Universities: Higher Research ActivityDoctoral Universities

    Costs

    In 2024, the median undergraduate tuition at Michigan Technological University is $20,206, which is $11,714 less than the national average for Doctoral Universities ($31,920).

    After taking grants and loans into account, the average net price for students is $16,879.

    In 2024, 91% of undergraduate students attending Michigan Technological University received financial aid through grants. Comparatively, 46% of undergraduate students received financial aid through loans.

    Tuition Costs

    $20,206
    2024 Undergraduate Tuition

    In 2024, the cost of tuition at Michigan Technological University was $20,206. The cost of tuition at Michigan Technological University is $−11,714 less than than the overall (public and private) national average for Doctoral Universities ($31,920).

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

    View Data
    Save Image

    Average Net Price

    $16,879
    2024 Value
    5.85%
    1 Year Growth

    In 2024 Michigan Technological University had an average net price — the price paid after factoring in grants and loans — of $16,879. Between 2023 and 2024, the average net price of Michigan Technological University grew by 5.85%.

    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

    Other Student Expenses

    $12,774
    Room and Board
    $1,200
    Books and Supplies

    The average yearly cost of room and board at Michigan Technological University was of $12,774 in 2024. The cost of room and board increased by 5.94% between 2023 and 2024.

    During the same period, the average yearly cost of books and supplies was $1,200. 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

    Financial Aid by Income Level

    91%
    Undergraduates Receiving Financial Aid through Grants
    46%
    Undergraduates Receiving Financial Aid through Loans

    91% of undergraduate students at Michigan Technological University received financial aid through grants or loans in 2024. This represents a growth of 0% with respect to 2023, when 91% 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

    Admissions

    Michigan Technological University received 11,491 undergraduate applications in 2024, which represents a 7.58% annual growth. Out of those 11,491 applicants, 10,621 students were accepted for enrollment, representing a 92.4% acceptance rate.

    There were 7,403 students enrolled at Michigan Technological University in 2024. 71% of first-time enrollees submitted SAT scores with their applications.

    Michigan Technological University has an overall enrollment yield of 12.9%, which represents the number of admitted students who ended up enrolling.

    Acceptance Rate

    92.4%
    Acceptance Rate in 2024
    10,621
    Accepted Out of 11,491

    In 2024, the undergraduate acceptance rate of Michigan Technological University was 92.4% (10,621 admissions from 11,491 applications). This is higher than the acceptance rate of 2023, which was 87.9%. Between 2023 and 2024, the number of applicants declined by 7.58%, while admissions declined by 2.87%.

    This chart compares the acceptance rate of Michigan Technological University (in red) with that of other similar universities, and the chart below shows the acceptance rate by gender.

    View Data
    Save Image
    View Data
    Save Image

    SAT Scores

    71%
    Submission Percentage (2024)
    972
    Scores Submitted (2024)

    71% of enrolled first-time students at Michigan Technological University in 2024 submitted SAT scores with their applications.

    The following chart shows the average SAT scores for the 25th, 50th, and 75th percentile of applicants for each section of the test that they are evaluated on.

    View Data
    Save Image

    Enrollment

    Michigan Technological University had a total enrollment of 7,403 students in 2024. The full-time enrollment at Michigan Technological University is 6,651 students and the part-time enrollment is 752. This means that 89.8% of students enrolled at Michigan Technological University are enrolled full-time.

    The enrolled student population at Michigan Technological University, both undergraduate and graduate, is 74.7% White, 3.12% Two or More Races, 2.84% Hispanic or Latino, 1.95% Asian, 1.15% Black or African American, 0.486% American Indian or Alaska Native, and 0.054% Native Hawaiian or Other Pacific Islanders.

    Students enrolled at Michigan Technological University in full-time Undergraduate programs are most commonly White Male (58.4%), followed by White Female (24.3%) and Two or More Races Male (2.3%). Students enrolled in full-time Graduate programs are most commonly White Male (21.6%), followed by White Female (11.3%) and Two or More Races Male (0.921%).

    Full-Time vs Part-Time Enrollment

    89.8%
    Full-Time Enrollment

    The total enrollment at Michigan Technological University in 2024, both undergraduate and graduate, is 7,403 students. The full-time enrollment at Michigan Technological University is 6,651 and the part-time enrollment is 752. This means that 89.8% of students enrolled at Michigan Technological University are enrolled full-time compared with 77.3% 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

    Retention Rate over Time

    89%
    2024 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 89%. Compared with the full-time retention rate at similar Doctoral Universities (82%), Michigan Technological University had a retention rate higher than 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

    Enrollment by Race & Ethnicity

    Most Common Race or Ethnicity (2024)
    1. White
      5,528 enrolled students
    2. Two or More Races
      231 enrolled students
    3. Hispanic or Latino
      210 enrolled students

    The enrolled student population at Michigan Technological University is 74.7% White, 3.12% Two or More Races, 2.84% Hispanic or Latino, 1.95% Asian, 1.15% Black or African American, 0.486% American Indian or Alaska Native, and 0.054% 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 46.2% White, 16.3% Hispanic or Latino, and 10.4% 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, 447 students (6.04%) did not report their race.

    View Data
    Save Image
    View Data
    Save Image

    Graduates

    In 2024, 595 fewer women than men received degrees from Michigan Technological University. The most common race/ethnicity group of degree recipients at Michigan Technological University is white (1,295 degrees awarded). There were 20.6 times more white recipients than the next closest race/ethnicity group, two or more races (63 degrees).

    The most common Bachelor's Degree concentration at Michigan Technological University is Mechanical Engineering (175 degrees awarded), followed by Chemical Engineering (78 degrees) and Electrical & Electronics Engineering (78 degrees).

    In 2024,  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 (960 degrees awarded), Natural Resources & Conservation (70 degrees), and Math & Statistics (82 degrees).

    Common Jobs by Major

    Software developers
    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 Software developers (610,193 people), Other managers (438,360 people), Miscellaneous engineers, including nuclear engineers (413,333 people), Civil engineers (323,981 people), and Mechanical engineers (237,653 people).

    The most specialized majors at Michigan Technological University in 2024 are Engineering (960 degrees awarded), Natural Resources & Conservation (70 degrees), Math & Statistics (82 degrees), Physical Sciences (72 degrees), and Engineering Technologies (74 degrees) (as of 2024).

    View Data
    Save Image

    Highest Paying Jobs by Major

    Surgeons
    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, Diagnostic medical sonographers, Cardiovascular technologists and technicians, Podiatrists, and Magnetic resonance imaging technologists

    The most specialized majors at Michigan Technological University are Engineering (960 degrees awarded), Natural Resources & Conservation (70 degrees), Math & Statistics (82 degrees), Physical Sciences (72 degrees), and Engineering Technologies (74 degrees) (as of 2024).

    View Data
    Save Image

    Common Industries by Major

    Computer Systems Design
    Most Common Industry

    The most common industries for people who hold a degree in one of the 5 most specialized majors at Michigan Technological University are Computer Systems Design (639,012 people), Architectural, engineering & related services (529,317 people), Colleges, universities & professional schools, including junior colleges (396,919 people), Construction (373,487 people), and Elementary & secondary schools (260,765 people).

    The most specialized majors at Michigan Technological University are Engineering (960 degrees awarded), Natural Resources & Conservation (70 degrees), Math & Statistics (82 degrees), Physical Sciences (72 degrees), and Engineering Technologies (74 degrees) (as of 2024).

    View Data
    Save Image

    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 (2024)
    1. General Engineering
      8 degrees awarded
    2. Humanistic Studies
      8 degrees awarded

    In 2024, the most common associates degree concentration at Michigan Technological University was General Engineering with 8 degrees awarded.

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

    View Data
    Save Image

    Sex Breakdown for Common Majors

    1,252
    Degrees Awarded to Men
    in 2024
    657
    Degrees Awarded to Women
    in 2024

    In 2024, 1,252 degrees were awarded to men at Michigan Technological University, which is 1.91 times more than the number of degrees awarded to females (657).

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

    View Data
    Save Image

    Most Common Male Majors

    In 2024, 253 degrees were awarded to men at Michigan Technological University in Mechanical Engineering, which is 5.5 times more than the 46 female recipients with that same degree.

    View Data
    Save Image

    Most Common Female Majors

    In 2024, 46 degrees were awarded to men at Michigan Technological University in Mechanical Engineering, which is 0.182 times less than the 253 male recipients with that same degree.

    View Data
    Save Image

    Time to Complete

    33%
    100% Completion Time
    68%
    150% Completion Time

    In 2024, 33% of students graduating from Michigan Technological University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 68% completed their degrees within 150% of the normal time, and 69% 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

    Race & Ethnicity by Share

    Most Common Student Race or Ethnicity (2024)
    1. White
      1,295 degrees awarded
    2. Two or More Races
      63 degrees awarded
    3. Asian
      38 degrees awarded

    The most common race/ethnicity at Michigan Technological University is white (1,295 degrees awarded). There were 20.6 times more white recipients than the next closest race/ethnicity group, two or more races (63 degrees).

    1.62% of degree recipients (31 students) did not report their race.

    View Data
    Save Image

    Race & Ethnicity by Sex

    Most Common Sex Demographic (2024)
    1. White Male
      969 degrees awarded
    2. White Male
      962 degrees awarded
    3. White Male
      896 degrees awarded

    The most common race/ethnicity and sex grouping at Michigan Technological University is white male (969 degrees awarded). There were 1.01 times more white male recipients than the next closest race/ethnicity group, white male (962 degrees).

    View Data
    Save Image

    Operations

    Michigan Technological University has an endowment valued at nearly $169M, as of the end of the 2024 fiscal year. The return on its endowment was of 23M (13.6%) compared to the 9.4% average return (23.7M on 252M) across all Doctoral Universities.

    In 2024, Michigan Technological University had a total salary expenditure of 309M. Michigan Technological University employs 107 Professors, 99 Associate professors and 95 Lecturers. Most academics at Michigan Technological University are Male Professor (81), Male Associate professor (67), and Male Assistant professor (56).

    The most common positions for non-instructional staff at Michigan Technological University are: Research, with 172 employees, Business and Financial Operations, with 159 employees, and Service with 152 employees.

    Endowment

    $169M
    2024 Endowment
    8.47%
    growth from 2023

    Michigan Technological University has an endowment valued at about $169M, as of the end of the 2024 fiscal year. The endowment of Michigan Technological University grew 8.47% from the previous year. The value of their endowment was $83M 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
    View Data
    Save Image

    Salary Expenditure

    $144M
    2024 Salaries
    5.14%
    growth from 2023

    In 2024, Michigan Technological University paid a median of $144M in salaries, which represents 46.7% of their overall expenditure ($309M) and a 5.14% growth from the previous year. This is compared to a 5.88% growth between 2022 and 2023, and a 4.61% growth between 2021 and 2022.

    View Data
    Save Image

    Instructional Salaries

    $43.1M
    Instructional Salaries
    404
    Number of Employees

    In 2024, Michigan Technological University paid a total of $43.1M to 404 employees working as instructors, which represents 29.9% of all salaries paid.

    This is compared to a median of $4.1M (2.29%) for similar Doctoral Universities.

    View Data
    Save Image

    Occupations by Share

    In 2024, the most common positions for non-instructional staff at Michigan Technological University were Research with 172 employees, Business and Financial Operations with 159 employees, and Service with 152 employees.

    View Data
    Save Image