Financial Information
Expenses
- Cost of Education - This table summarizes the costs for an unsupported student. Details for each line item can be found on the pages listed below.
- Tuition Rates
- Computing Fees
- Rental rates at Daniell Heights
- Meal Plan rates
- Health insurance (Visit the Student Insurance Office for current forms and policies)
- Tuition and Fee Payment and Refund Policies
- Student Fees - all on-campus students are responsible for the following fees that are in support of student activities and facilities
Description Fee (per semester) Memorial Union Expansion Fee $15.00 Student Activity Fee $44.30 ($10 in summer) Student Development Complex Support Fee $31.00 Memorial Union Building Support Fee $37.10
Financial Assistance
Information about assistantships, scholarships, fellowships, employment and need-based financial aid can be found on our financial assistance page.
Students should also subscribe to our graduate funding e-mail list by filling out the form below. Funding opportunities will be compiled and sent to the list two to three times per month.
Paying by Credit Card
Tuition and fees, including late registration fees, may be paid on-line at https://www.banweb.mtu.edu/pls/owa/twbkwbis.P_WWWLogin. Credit card payment for tuition and fees may not be phoned or faxed.
Other charges may be paid by credit card by calling 906.487.2247 or by faxing this completed form to 906.487.1816.
Tax Information for Graduate Students
General Information for Supported Graduate Students
Generally, the funding you receive for tuition, fees, books, and required supplies and equipment is tax free. Although the remainder of your stipend is taxable, educational institutions are not required to report fellowship dollars of US residents to the IRS. For income tax purposes, your Graduate Program Assistant can issue a calendar-year statement of the amount of the fellowship you received.
The Tax Reform Act of 1997 includes some federal tax credits for education. See a tax specialist and IRS Publication 970 for more information on your taxes. Other IRS publications that you might find useful are
- Pub. 4—Student’s Guide to Federal Income Tax
- Pub. 515—Withholding of Tax on Nonresident Aliens
- Pub. 519—U.S. Tax Guide for Nonresident Aliens
- Pub. 520—Scholarships and Fellowships
- Pub. 596—Earned Income Credits
- Pub. 901—U.S. Tax Treaties
- Pub. 970—Tax Benefits for Higher Education
These may be downloaded from the IRS Web site.
Graduate Teaching and Research Assistants
Wages received for services as an employee are taxable and are subject to graduated withholding rates. University-paid tuition is nontaxable. You will receive a W-2 form by January 31.
International Students
The United States currently has tax treaties with more than fifty countries. Some of these treaties may allow some additional nontaxable benefits. Also, because most international students are not eligible for the additional personal exemption or the standard deduction, the W-4 forms must be completed differently.
Circumstances and situations differ for each student, and, as a result, some tax questions should be answered on a case-by-case basis. For more information, contact Brenda Sutherland, tax accountant, Admin. 224B, 487-3149.