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Loans Awarded to Michigan Tech Students


University Awarded Loans

1999-00 2000-01 2001-02 2002-03 2003-04
Loan
Number
Amount
Number Amount Number Amount Number Amount Number Amount
Federal Perkins Loan
870 $1,558,062 920 $1,630,849 975 $1,973,372 1,140
$2,533,592
1,138
$2,697,298
Techaid Loan 95 211,825 81 178,303 88 188,500 86
183,769
100
222,575
Total University Loans 965 $1,769,887 1,001 $1,809,152 1,063 $2,161,872 1,226
$2,717,361
1,238
$2,919,873

Other Loans

1999-00 2000-01 2001-02 2002-03 2003-04
Loan
Number Amount Number Amount Number Amount Number Amount Number Amount
Federal Direct Subsidized Loans
2,042 $5,787,261 1,815 $4,954,136 1,859 $5,744,269 1,948
$6,249,931
2,290
$7,853,734
Federal Direct Unsubd Loan 1,579 4,749,119 1,584 4,686,341 1,577 4,910,927 1,663
5,297,389
1,602
5,322,075
Federal Direct Parent Loans (Plus) 294 1,447,707 300 1,592,023 321 2,038,457 342
2,383,227
411
3,122,708
Private 132 790,757 117 768,244 194 1,241,709 241
3,631,117
339
2,626,597
MI 41 258,510 64 371,193 69 535,419 85
612,155
63
534,941
Total Other Loans 4,088 $13,033,354 3,880 $12,371,937 4,020 $14,470,781 4,279
$18,173,819
4,705
$19,460,055
Grand Total of All Loans Awarded
5,053 $14,803,241 4,881 $14,181,089 5,083 $16,632,653 5,505
$20,891,180
5,943
$22,379,928
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Last Revised: 8 August 2005
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Address questions about this page to Richard Elenich at rjelenic@mtu.edu.