The total cost of attendance at University of Michigan-Ann Arbor is
per year (which includes tuition and fees, books and supplies, and living expenses)
|Room and Board||$11,198|
|Books and Supplies||$1,048|
See your expected costs at University of Michigan-Ann Arbor
If you're applying to University of Michigan-Ann Arbor and hoping for need-based financial aid, you'll need to fill out the FAFSA.
The average student at University of Michigan-Ann Arbor pays
At University of Michigan-Ann Arbor
of freshmen receive some form of financial aid
|Income range||Average cost|
|$0 - $30,000||$3,249|
|$30,001 - $48,000||$5,575|
|$48,001 - $75,000||$9,895|
|$75,001 - $110,000||$17,705|
|$110,001 and up||$25,001|
University of Michigan-Ann Arbor's financial aid meets
of students' demonstrated need
The average University of Michigan-Ann Arbor merit scholarship for students without financial need is
How much will I pay at University of Michigan-Ann Arbor?
University of Michigan-Ann Arbor works to make your education at their institution affordable. First of all, they offer their Go Blue Guarantee which provides free tuition for in-state residents whose family income is less than $65,000 and whose assets are $50,000 or below, with tuition support for families with income up to $180,000.
There are a variety of scholarships available to help students. They come from various departments, centers, colleges, and schools as well as the admissions and financial aid office. They include undergraduate scholarships, scholarships for studying abroad, distinguished scholarships, graduate student scholarship opportunities, and alumni scholarships. Remember that some scholarships may require an additional application.
The Office of Financial Aid offers many resources to help understand the financial aid process in general and at University of Michigan. You must fill out the CSS/Financial Aid Profile and the FAFSA in order to be considered for financial need-based aid. When you do that, you will automatically be considered for other need-based and merit-based aid. Three helpful resources offered through the Office of Financial Aid is a 10-paged PDF with Information for prospective students. There is also the University of Michigan's 26-page Financial Aid Guide and the
Office of the Provost offers emergency funds to students who are experiencing an unexpected life crisis or emergency. This link provides access to a detailed list of centers and offices on campus that administer emergency funds and how to apply if needed. Emergency Assistance financial aid reevaluation and short-term emergency loans
The University of MIchigan helps make paying for college easy with its Planning Tools and Calculators including links and information for:
The Financially Savvy Student is a "class offered through the College of Literature, Science & the Arts at the University of Michigan. This 1-credit mini-course is designed to teach students the basics of personal finance, why financial matters are important and to impart a sense of history about this topic. Financial aid basics are also included in the course syllabus. It is taught by Office of Financial Aid professionals."
University of Michigan-Ann Arbor's full cost of attendance has increased an average of
per year since 2014
University of Michigan-Ann Arbor's average net price has increased an average of
per year since 2014
Given past trends, we expect University of Michigan-Ann Arbor's tuition pricing to be the following.
Get an estimate of what you'll pay for University of Michigan-Ann Arbor
The average starting salary for a University of Michigan-Ann Arbor graduate is
and grows in the following way over time
|Years after graduation||Average salary|
The average student at University of Michigan-Ann Arbor takes out
in student loans
The student loan repayment rate at University of Michigan-Ann Arbor is
after five years
after seven years
The student loan default rate at University of Michigan-Ann Arbor is
after three years
How much will I need in loans for University of Michigan-Ann Arbor?
The application fee for University of Michigan-Ann Arbor is
The acceptance rate at University of Michigan-Ann Arbor is
The smartest advice on paying for college
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