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Overview
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Admissions
Financials active icon
Financials
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Academic
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Campus Life
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Students
In-state
Out-of-state
Cost of Attendance :
$35,241

Installment Plan Available

Tuition & Fees :
$16,732
Room & Board :
$14,460
Books & Supplies :
$1,092
Other Expenses :
$2,957
Scholarship Finder
Applying For Financial Aid
Applying For Financial Aid
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Email
financial.aid@umich.edu
Website
Financial Aid Website
Net Price Calculator
Tap Here
Application Process
Application Deadline
February 1
Award Notification
On a rolling basis beginning January 31
High School Program
College preparatory program is recommended
Methodology For Awarding Institutional Aid
Federal and Institutional Methodologies
Forms Required Cost
FAFSA Code is 002325 Free
CSS/Financial Aid Profile $25 for first college, $16 each additional
Profile of 2022-23 Financial Aid
Profile of 2022-23 Financial Aid
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Freshman
Financial Aid Applicants
5,164 (73.5%) of freshmen
Found to Have Financial Need
2,789 (54.0%) of applicants
Received Financial Aid
2,678 (96.0%) of applicants with financial need
Need Fully Met
1,806 (67.4%) of aid recipients
Average Percent of Need Met
91%
Average Award
$30,865
Need-Based Gift
Received by 2,357 (88.0%) of aid recipients, average amount $24,692
Need-Based Self-Help
Received by 1,062 (39.7%) of aid recipients, average amount $3,710
Merit-Based Gift
Received by 1,912 (71.4%) of aid recipients
1,030 (14.7%) of freshmen had no financial need and received merit aid, average amount $4,425
All Undergraduates
Financial Aid Applicants
16,708 (53.6%) of undergraduates
Found to Have Financial Need
11,567 (69.2%) of applicants
Received Financial Aid
11,243 (97.2%) of applicants with financial need
Need Fully Met
8,263 (73.5%) of aid recipients
Average Percent of Need Met
92%
Average Award
$32,815
Need-Based Gift
Received by 10,023 (89.1%) of aid recipients, average amount $26,613
Need-Based Self-Help
Received by 5,108 (45.4%) of aid recipients, average amount $4,239
Merit-Based Gift
Received by 7,510 (66.8%) of aid recipients
3,379 (10.8%) of undergraduates had no financial need and received merit aid, average amount $6,213
All Undergraduates
2024 Graduates Who Took Out Loans
34%
Average Indebtedness of 2024 Graduates
$277,474
Financial Aid Programs
Financial Aid Programs
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Loans
Federal Loans
Direct Subsidized Stafford Loans
Direct Unsubsidized Stafford Loans
Direct Plus Loans
Federal Nursing Loans
Other Loans
College/University Loans
Health Professions Student Loans
Scholarships and Grants
Need-Based Available
Federal Pell grants
SEOG
State scholarships
Institutional scholarships
Private scholarships
Iraq and Afghanistan Service Grant
Michigan Competitive Scholarship
Michigan Grant
M-Pact
TEACH Grant
MTS/Fairfax
Tappan.
Non-Need-Based Available
None
Non-Need Awards
Academic Interest/Achievement Award Areas
Architecture
Area/Ethnic Studies
Biological Sciences
Business
Communication
Computer Science
Education
Engineering/Technologies
English
Foreign Languages
Health Fields
Home Economics
Humanities
International Studies
Library Science
Mathematics
Military Science
Physical Sciences
Premedicine
Social Sciences
Number of Awards
Not reported
Creative Arts/Performance Award Areas
Art/Fine Arts
Cinema/Film/Broadcasting
Creative Writing
Dance
Journalism/Publications
Music
Performing Arts
Theater/Drama
Number of Awards
Not reported
Special Achievements/Activities Award Areas
Community Service
Leadership
Number of Awards
Not reported
Special Characteristics Award Areas
Children of Faculty/Staff
Children of Workers in Trades
Handicapped Students
International Students
Local/State Students
Members of Minorities
Out-of-State Students
Number of Awards
Not reported
Employment
Work-Study Programs
Federal work study available
Average Earnings from On-Campus Employment
Not reported
Undergraduate and Undergraduate Financial Aid data displayed on CollegeData’s college profiles is from the 2023-24 academic year.
A portion of the College Profile data is provided under license by:
Peterson's Undergraduate and Undergraduate Financial Aid Databases, copyright © 2024 Peterson's LLC. All rights reserved.