FLINT, Mich. – Kettering University will lock tuition, room and board rates for incoming undergraduate students at last year’s rate. The University has no academic fees in addition to tuition.
Because the University offers a fixed-rate tuition guarantee (ensuring tuition will not rise while a student is enrolled), all students at Kettering pursue their degrees without ever seeing their tuition increase or being charged an academic fee. The no-increase decision for the 2020-21 academic year amplifies the University’s ongoing commitment to providing a quality, accessible education.
“Affordability and value are key factors when prospective students – and their parents – are determining what university is right for them,” said Kettering University President Dr. Robert K. McMahan. “Our commitment to affordability is embodied in our decision to freeze our tuition for the 2020-2021 entering class. That is just part of our commitment, however, because the educational and hands-on experience opportunities we offer our students translate immediately into huge financial and career advantages for them upon graduation.”
At Kettering, more than 97 percent of students also receive significant financial aid through the University’s generous merit-based scholarship program. In addition, the University offers a number of other need and merit-based scholarship and grant programs that further enhance affordability and access.
The University’s unique cooperative education program can significantly reduce out-of-pocket expenses for students. Students alternate on-campus academic terms with paid employment terms at one of more than 500 of the University’s cooperative employment partners. Co-op earnings range from $10,000 to $15,000 annually and can total more than $65,000. Students also gain hands-on experience as professionals in some of the world’s most dynamic organizations.
Recent federal data and studies show that a degree from Kettering University pays off almost immediately in the form of higher salaries. A 2019 Georgetown University analysis of federal data ranking 4,500 schools nationwide said Kettering University graduates can count on the highest lifetime return on investment (ROI) in the state of Michigan and among the highest in the nation. The study identifies Kettering as No. 1 in Michigan among private and public colleges and 32nd in the nation, above Princeton and Notre Dame. The analysis, based on the U. S. Department of Education's College Scorecard, examined ROI among private and public institutions and included community college as well as four-year university information. It focused on the financial payoff of college degree and earnings differentials among schools over 10-, 20-, 30- and 40-year periods.
In another report by PayScale.com last year, Kettering University graduates saw a 20-year return on investment of $766,000. According to a 2020 gradereports.com ranking, Kettering University was No. 1 in Michigan and No. 4 in the U.S. as a Best College for Mechanical Engineering based on median salary one year after graduation. The rankings were determined by salary and debt data reported by the U.S. Department of Education. Kettering University outperformed MIT (6), Duke University (8) and Cornell University (12).
About Kettering University
Kettering University, formerly known as GMI, is a Flint, Mich.-based private, nonprofit university recognized as one of the nation’s premier science, technology, engineering and business leaders in higher education. Dedicated to offering a curriculum that uniquely integrates classroom learning with experiential co-operative opportunities, Kettering consistently ranks in U.S. News & World Report’s listing for elite specialty schools. The University has more than 27,000 square feet of lab and research space used by faculty, students and industry collaborators, and boasts the only ABET-accredited applied physics program in the world. It also houses the first and only FIRST Robotics Community Center in the United States. According to a 2019 analysis of federal data ranking 4,500 schools nationwide, Kettering University degree holders have the highest lifetime return on investment (ROI) in the state of Michigan. The University celebrated its centennial year in 2019. For more information, go to kettering.edu.