Applying For Financial Aid
Applying For Financial Aid
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Email
mtu4u@mtu.edu
Net Price Calculator
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Application Process
Application Deadline
April 30
Award Notification
On a rolling basis beginning January 1
High School Program
College preparatory program is recommended
Methodology For Awarding Institutional Aid
Federal Methodology
Forms Required Cost
FAFSA Code is 002292 Free
Profile of 2025-26 Financial Aid
Profile of 2025-26 Financial Aid
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Freshman
Financial Aid Applicants
1,355 (93.9%) of freshmen
Found to Have Financial Need
838 (61.8%) of applicants
Received Financial Aid
838 (100.0%) of applicants with financial need
Need Fully Met
433 (51.7%) of aid recipients
Average Percent of Need Met
92%
Average Award
$29,656
Need-Based Gift
Received by 748 (89.3%) of aid recipients, average amount $13,933
Need-Based Self-Help
Received by 423 (50.5%) of aid recipients, average amount $3,156
Merit-Based Gift
Received by 820 (97.9%) of aid recipients
588 (40.7%) of freshmen had no financial need and received merit aid, average amount $11,689
All Undergraduates
Financial Aid Applicants
4,547 (79.0%) of undergraduates
Found to Have Financial Need
3,103 (68.2%) of applicants
Received Financial Aid
3,095 (99.7%) of applicants with financial need
Need Fully Met
1,113 (36.0%) of aid recipients
Average Percent of Need Met
83%
Average Award
$25,288
Need-Based Gift
Received by 2,616 (84.5%) of aid recipients, average amount $12,253
Need-Based Self-Help
Received by 1,966 (63.5%) of aid recipients, average amount $4,427
Merit-Based Gift
Received by 2,847 (92.0%) of aid recipients
2,285(39.7%)of undergraduates had no financial need and received merit aid,average amount $10,897
All Undergraduates
2024 Graduates Who Took Out Loans
59%
Average Indebtedness of 2024 Graduates
$35,920
Financial Aid Programs
Financial Aid Programs
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Loans
Federal Loans
Direct Subsidized Stafford Loans
Direct Unsubsidized Stafford Loans
Direct Plus Loans
Other Loans
College/University Loans
Scholarships and Grants
Need-Based Available
Federal Pell grants
SEOG
State scholarships
Institutional scholarships
Private scholarships
Non-Need-Based Available
Creative arts/performance scholarships
Special achievements/activities
Non-Need Awards
Academic Interest/Achievement Award Areas
Business
Number of Awards
Not reported
Creative Arts/Performance Award Areas
Applied Art and Design
Performing Arts
Theater/Drama
Number of Awards
37
Special Achievements/Activities Award Areas
Leadership
Number of Awards
207
Special Characteristics Award Areas
Children and Siblings of Alumni
Children of Faculty/Staff
International Students
Veterans
Veterans' Children
Number of Awards
Not reported
Employment
Work-Study Programs
Federal work study available
Average Earnings from On-Campus Employment
$2,821
Undergraduate and Undergraduate Financial Aid data displayed on CollegeData’s college profiles is from the 2024-25 academic year.
A portion of the College Profile data is provided under license by:
Peterson's Undergraduate and Undergraduate Financial Aid Databases, copyright © 2026 Peterson's LLC. All rights reserved.