MTG students graduate sooner
Students awarded the Michigan Tuition Grant graduate faster than other students in Michigan, completing a bachelor's degree in an average of four years instead of the state average of five.
Welcome to 2018!
Grant funding is a catalyst to help students complete their degrees on time, joining the labor market sooner and with less loan debt. The need-based Michigan Tuition Grant (MTG) does just this, helping students in need to graduate sooner.
Students who receive the MTG graduate at a faster rate than students who do not receive the grant. An average of 20 percent of degree-seeking undergraduates complete a degree in a given year, while 27 percent of MTG students complete a degree in a given year.
Students who receive the MTG complete a bachelor's degree in an average of four years, compared to the state average for degree-seeking students of five years. What is so impressive about this, is that students in lower income brackets tend to take longer to complete degrees. But with enough grant funding, lower income students can complete a degree in an average of four years ready to enter the workforce or go on to graduate school.
The MTG makes a difference for Michigan's students and economy.