Family income plays a vital role in determining the average net price for a student.
In the case of Michigan Technological University, financial aid is provided to students as per the family income slab, the university keep in mind every aspect.
The family income Slab determines the average net price. The average net price at the college level is $17,175.
Family incomes ranging from $0 to 30,000 have a net price of $8,263.
The net price for the range $30,001 to 48,000 is $9,869.
Incomes between $48,001 to $75,000 incur about $12,348 as net price while it is $17,076 for those with the income of $75,001 to 110,000.