Net price is the total cost of attendance by subtracting the scholarships, grants, or aid provided to the students. While the average net price of Michigan State University is $16,227. While calculating the net price the income of the family plays an important role as the family contribution in education cost of the university is a crucial factor. The average net price based on family income is:
Those families earning less than $30,000, estimated average net price is $6,446. While an average net price of $14,743 is expected for the family income between $30,001 to $48,000.
Student can expect an average net price of $20,481 for the income bracket of $48,001 to $75,000. Those families earning between $75,001 to $110,000, the average net price increases to $25,162.
The net price is maximum for the family earning more than $110,000 which stands at $27,210.