Non-Resident Undergraduate Sample

2024-2025 Financial Aid Package

►For Blizzard T. Husky

M99999999 2425

November 28, 2023

Hello, Blizzard! We are pleased to present your financial aid information for Michigan Tech.
Your Student Aid Index (SAI) is 0. Your SAI is used to determine your financial aid eligibility.

Your 2024-2025 Financial Aid

 

Fall

Spring

Summer

Total

Gift Aid

Distinguished Leader Award

$500

$500

$0

$1,000

Federal Pell Grant

$3,698

$3,697

$0

$7,395

Federal Supplemental E O Grant

$100

$100

$0

$200

National Silver Scholars

$6,500

$6,500

$0

$13,000

University Student Aid Grant*

$3,950

$3,950

$0

$7,900

Additional Financial Resources

Carter Scholarship for Academic Excellence

$1,000

$1,000

$0

$2,000

Total Gift Aid

$31,495

Cost of Attendance (Resident UG)

Tuition and Fees

$41,340

Housing and Food

$12,660

Lab and Course Fees

$603

Total Direct Costs

$54,603

Estimated Out-of-Pocket Direct Cost After Aid

$23,108

Student Loans

Fed Direct Subsidized Loan

$1,750

$1,750

$0

$3,500

Fed Direct Unsubsidized Loan

$1,000

$1,000

$0

$2,000

  ► Your Estimated Out-of-Pocket Direct Cost after All Financial Aid

$17,608

Additional Expenses-not appearing on your Michigan Tech bill

Books, Materials and Equipment

$1,200

Federal Loan Origination Fee

$63

Transportation

$1,100

Personal expenses

$640

Total Indirect Costs

$3,003

Employment

Federal Work Study

$1,500

$1,500

$0

$3,000

Total Out-of-Pocket Cost Including Indirect Costs

$17,611

*The University Student Aid Grant is based on the financial need. FAFSA filing errors and/or additional financial aid received may result in this award being reduced accordingly.

Please review the enclosed materials for additional information. Your cost of attendance and financial aid are estimates and are subject to change. Your financial aid package will be determined based on a full review of your financial aid eligibility and verification of your Free Application for Federal Student Loan (FAFSA). Any additional scholarships or grants received that are not reflected above may result in needs-based aid being reduced accordingly. Students who have earned 60 or more credits (including transfer credit; credit earned through early college or dual enrollment; or AP, IB, or CLEP) will be charged upper-division tuition.