Michigan Tech offers technology scholarships, grants, loans and employment opportunities for their students. With regard to the financial aid systems, a lot of the students at the university usually go for the scholarships. As long as a student has been admitted, they will be considered for the merit based scholarships.
There is no application form required for this scholarship, apart from the Michigan Tech Leading Scholars Award.
The career interest scholarships require a special application – but are well worth the time to fill them out!
Why Michigan Tech Scholarships and Grants?
Michigan Tech is a premier institution that offers financial support to the students from time to time to help them get through their studies. This is one of the best tech universities in the country, with more than 7,000 students enrolled from across the country and a number of countries in the world. There are over 1000 degree programs that are on offer at the institution, from humanities to the social sciences, business and computing courses.
According to the US News and World Report 2013, Michigan Tech is ranked among the top-tier national universities. With regard to the public national universities, it is ranked 58th, while the chemical, computer, electrical engineering and material science engineering graduate programs are ranked among the crème de la crème in the country’s top 100.
*Michigan Tech boast that they have a close to 100% job placement after graduation – WOW!
Michigan Tech Scholarships and Grants
Being one of the best institutions of learning in the country, financial constraints should not hamper your chances of studying and excelling at the institution. There are different financial aid programs that have been designed to help students manage the financial challenges that might make it hard for them to see their studies through.
The scholarships grants for the institution that are awarded to the students are usually renewable, especially if and when the student can meet the renewal criteria. The scholarships and grants are available for different kinds of students, so you need to look for information that will be relevant.
Students are usually advised to try to seek information only from the university website because it is the only place where you will get up to date and relevant information about the scholarships.
Michigan Resident, Non Resident and Transfer Student Scholarships Grants
There are scholarships for the Michigan residents, scholarships for residents who are not from Michigan and also scholarships for transfer students.
Apart from that, Canadian students can also apply for scholarships through the Athletic Grants, the McAlister Foundation, Alumni Legacy and the National Scholarships.
There are also scholarships grants available for international students, and other kinds of scholarships that are available like the Caterpillar, DTE Energy scholarship, Dow Corning scholarship, Michigan Tech Employees children scholarships and Michigan Tech AFSCME Employees scholarships.
The institution also offers grants to the students, though these are selective. These are offered to students who have financial needs but are US citizens and have permanent residency in the country.
Students who have been accepted to the university will usually be considered for such grants especially when their FAFSA results have been released to the institution. However, when it comes to renewal of the grants, you have to apply on an annual basis for you to be considered for an additional year.
Students also have access to different kinds of loans, like the Federal Direct Loan, Federal Perkins loan, Federal Direct Plus loan for the parents and for the students, and the TECHAID student loan. These loans are usually supposed to be repaid after a given time period, and they are also available only to resident students in the country who are citizens, and have permanent residency. The loans have borrowing limits though the students are not allowed to borrow over and beyond the attendance costs less whichever financial aid that they are entitled to.
Alternatively, the students can also make use of the employment opportunities that are available at the institution. Part-time employment in the school is an alternative that is offered to help the students pay off their loans. MY has the university funded student employment and the federal work-study program.
Besides these, the off-campus employment and summer internships also come in handy for students who need financial assistance.
Michigan Tech is a school for serious students looking to earn great money immediately after graduation, and all signs point to this happening – simply because it is each and every year.
Michigan Tech scholarships and grants are given to those students looking for them when applying. The staff at MT are known to make concentrated efforts to help all who apply; even need based students.