[Last update: December 11, 2025]
5,389 students (91% of total 5,892 undergraduate students) have awarded federal, state, local, institutional or other sources of grant aid at Michigan Technological University (MTU). The average amount of the aid awarded is $16,876.
For the first-time, full-time beginning students (freshmen), 99% of total 1,459 enrolled students have received any kind of financial aid and its average amount of aid received is $19,898.
All Undergraduate Financial Aid
At Michigan Technological University, 5,389 undergraduate students (91% of total 5,892 students) have received financial aid including grants, scholarships, and/or federal student loans. The average amount of aid received is $16,876.
Beginning Undergraduate Students (Freshmen) Financial Aid
1,451 beginning undergraduate students (99% of total 1,459 enrolled freshmen) have received financial aid including grants, scholarships, and/or federal student loans at Michigan Technological University. The average amount of aid received is $19,898.
Grants and Scholarship Aid By Income Level (Paying In-State Tuition)
The following table shows the number of students awarded and the average grants / scholarship aid amount by income level for the academic year 2023-2024 at Michigan Technological University.
The sources of grants and scholarship aid are the federal government, state/local government, or the institution. For the statistics, only students who paid the in-state or in-district tuition rate are considered.