Is Central Michigan a Good School for the Money?
Central Michigan University Value Report
Is Central Michigan worth the money? Read College Factual's annual Central Michigan value report to determine if the school is priced fairly for the quality of education they provide.
Very Good Value Nationwide
Central Michigan University is ranked #158 out of 2,223 for value nationwide.
The quality education Central Michigan University provides combined with keeping costs low makes this school underpriced and a great value. That's why Central Michigan earned their #158 ranking on the Best Colleges for the Money Ranking.
Prices of Institutions with Similar Quality Scores
| School | Total Price | Value Grade |
|---|
*Total price is determined by multiplying average annual cost by time to graduate.
Bottom Line: You'll Spend an Estimated $131,195 For That Piece of Paper
The average Central Michigan student's degree will cost an estimated $131,195. This is based on an average price (with and without aid) of $28,214 and a typical 4.65 years to graduate.
| Amount | |
|---|---|
| Average Yearly Cost | $28,214 |
| Average Years to Graduate | 4.65 |
| Estimated Avg Total Cost of Degree | $131,195 |
Many Factors Affect Net Price
Consider the average Central Michigan student takes 4.65 years to complete their degree. If you can complete your degree faster than that you will save money. This is just one way your Central Michigan degree may cost less than average.
Does This School Make Financial Sense To You?
Net price can vary based on your unique situation.
Look at the table below to get a sense of how Central Michigan value for your educational dollar might vary.
| Nationwide Value by Aid Group | Avg Degree Cost | Value Rank | Value Grade |
|---|---|---|---|
| Students with no Aid | $156,119 | #0 | F |
| All Students | $131,195 | #158 | A |
| Only Students Receiving Aid | $119,468 | #712 | B |
| In-State Value by Aid Group | Avg Degree Cost | Value Rank | Value Grade |
|---|---|---|---|
| Students with no Aid | $121,839 | # |
F |
| All Students | $96,915 | # |
F |
| Only Students Receiving Aid | $85,188 | # |
F |
Note: the Value Grade for in-state students is calculated by looking only at other schools in the state of Michigan.
About 97% of Central Michigan students receive financial aid. Get more details on what Central Michigan financial aid you may qualify for.
How to Finance The Gap
How to Calculate Value
College Factual calculates value by calculating average Central Michigan cost multiplied by time to graduate, and then compares that number to other schools of a similar quality ranking. If the school is priced fairly based on the educational quality it receives a fair ranking. If it is underpriced it receives a good or excellent value.
Read the full Best for the Money Ranking Methodology.
References
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Image Credit: By cjh1452000 under License
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College Factual's Best for the Money Ranking Methodology.
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