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.
Within Michigan, Central Michigan Offers Good Quality for a Good Price.
Central Michigan University is ranked #16 out of #42 in Michigan for quality and #7 out of #41 for Michigan value.
This makes it a good quality for a good price in the state.
Find out if Central Michigan offers in-state tuition that you may qualify for.
Above Average Value Nationwide
Central Michigan University is ranked #296 out of 1,472 for value nationwide.
Central Michigan University is a good value according to College Factual's value analysis. It is priced competitively based on the quality of the education provided.
Prices of Institutions with Similar Quality Scores
| School | Total Price | Value Grade |
|---|---|---|
| Andrews University | $123,412 | A |
| Ball State University | $126,033 | A- |
| Central Michigan University | $128,486 | B+ |
| University of North Carolina at Charlotte | $139,633 | B- |
| Minneapolis College of Art and Design | $142,463 | B- |
| The University of Findlay | $143,874 | C+ |
| San Jose State University | $163,923 | D |
| Florida Institute of Technology | $173,457 | D- |
| Widener University | $183,863 | F |
| Regis University | $193,841 | F |
*Total price is determined by multiplying average annual cost by time to graduate.
Bottom Line: You'll Spend an Estimated $128,486 For That Piece of Paper
The Central Michigan time to graduate is about 4.66 years and will cost an estimated $27,572 per year. This brings the total cost to 128,486.
| Amount | |
|---|---|
| Average Yearly Cost | $27,572 |
| Average Years to Graduate | 4.66 |
| Estimated Avg Total Cost of Degree | $128,486 |
Many Factors Affect Net Price
Depending on your personal circumstances, your net price may be well below the average Central Michigan net price, which could make this school a better value. You may quality for more financial aid, or be able to complete your degree faster than average. Get more details on Central Michigan cost.
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 | $151,953 | #114 | A |
| All Students | $128,486 | #296 | B+ |
| Only Students Receiving Aid | $116,393 | #273 | A- |
| In-State Value by Aid Group | Avg Degree Cost | Value Rank | Value Grade |
|---|---|---|---|
| Students with no Aid | $117,623 | #5 | A |
| All Students | $94,155 | #7 | A- |
| Only Students Receiving Aid | $82,063 | #7 | A- |
Note: the Value Grade for in-state students is calculated by looking only at other schools in the state of Michigan.
About 95% of Central Michigan students receive financial aid. Get more details on what Central Michigan financial aid you may qualify for.
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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