Michigan Technological University Consolidation Loans

Michigan Technological University graduates have an average of $17,784.00 in federal student loans to consolidate upon graduation and could lower their monthly payment an average of $46 and save $553 per year by consolidating their student loans. To estimate your own monthly savings, try our student loan consolidation calculator.

Michigan Technological University Consolidation Index

Michigan Technological University, Houghton, MI, 49931-1295

By the Numbers

• Total tuition, room, and board (cost of attendance): $13,706.00
• Percentage increase in expenses, year over year: 3.47%
• Estimated cost of attendance in 4 years: $15,709.72

Average Financial Aid Received

• Federal grant aid: $2,929.00
• State grand aid: $1,782.00
• Institutional grant aid: $3,530.00
• Federal student loan aid: $4,446.00
• Estimated out of pocket cost: $7,003.50

Potential Michigan Technological University School Loan Consolidation Debt

• Federal student loan debt after 4 years: $17,784.00
• Private student loan debt 4 years: $46,401.70

Estimates provided are based on a series of assumptions, including the loan balance being comprised entirely of subsidized federal student loans that do not accrue interest during school. Payment estimates are based on the current fixed Stafford loan rate of 6.8%. Private loan balances are estimated based on 100% of out of pocket expenses being covered with private student loans at 10% interest, capitalized yearly, compounded quarterly.

Michigan Technological University Financial Aid Options

If you are or will be attending Michigan Technological University, you may want to investigate financial aid options to pay for college. Here are some resources to learn more:

Financial Aid Options

• Financial Aid Podcast - Financial Aid Advice
• File your FAFSA Online
• College Scholarship Search
• Free Scholarships
• Federal Student Loans at StaffordLoan.com
• Private Student Loans -- No FAFSA Required
• Graduate Student Loans

After Graduation:

• Michigan Technological University School Loan Consolidation

This guide is assembled with information provided by the Department of Education and is entirely automated. The appearance of Michigan Technological University school loan consolidation listing does not constitute endorsement of any Student Loan Network service by Michigan Technological University.