HOUGHTON, MI--In conjunction with its switch from quarters to the semester system in the fall of 2000, Michigan Technological University has revised its tuition structure to allow top students from other states to attend MTU at resident tuition rates.
"As a nationally recognized institution, we're always trying to attract the best students available and we feel this new pricing structure will help us achieve that goal, especially with respect to students from nearby states such as Wisconsin, Minnesota, and Illinois," said Gary Neumann, interim executive director of enrollment management.
Neumann said that under the University's existing National Academic Scholarship (NAS) program tuition stipends for top out-of-state students already attending Michigan Tech will be increased from $5,100 to $6,000 per year ($3,000 per semester) effective fall semester 2000. This scholarship will no longer be awarded to new students after spring term 2000, and the program will be terminated at the end of spring semester 2005.
A new program for undergraduates, the Academic Excellence Award (AEA), will become effective with summer term 2000, and is equal to the difference between nonresident and resident tuition for a maximum of 10 semesters. Assuming a tuition increase for fall semester 2000, that would mean the AEA stipend would surpass the current $6,000 figure. To be eligible for the AEA, students must graduate in the top 25 percent of their high school class, or have a 3.0 grade point average if they are transferring from another institution. If they are already enrolled at MTU, they can qualify for the award by achieving a 3.0 GPA after two semesters in residence. To keep the award, students must maintain a 2.5 GPA as measured at the end of each spring semester of enrollment. Students enrolled at Michigan Tech prior to summer 2000 are ineligible for the AEA.
Neumann said that beginning with summer 2000, MTU will offer an Alumni Legacy Award (ALA) for nonresidents that will be equal to the difference between nonresident and resident tuition. The ALA will be awarded to new undergraduate nonresident children and grandchildren of Michigan Tech alumni. A counterpart program, called the Michigan Alumni Legacy Award (MALA) will become effective summer of 2000 for new undergraduate Michigan resident children and grandchildren of Michigan Tech alumni. It will carry a value of $250 per year or $125 per semester for a maximum of four years.
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11/29/99-MTN209