Important Information
- Tuition and Fees：-
- Room and board：$11,996(2019-20)
At University of Michigan--Ann Arbor, 38 percent of full-time undergraduates receive some kind of need-based financial aid, and the average need-based scholarship or grant award is $20,108. Paying for college doesn't have to be difficult or devastating. Go to the Paying for College knowledge center to get advice on raising cash and reducing costs, or use the U.S. News 529 Finder to choose the best tax-advantaged college investment account for you.
Financial Aid Information
Priority filing date for institution's financial aid form
March 31
Application deadline for financial aid
March 31
Financial aid forms required of domestic freshman students
FAFSA, CSS/Financial Aid profile
Criteria used in awarding institutional need-based aid
academics
Criteria used in awarding institutional non-need-based aid
academics
leadership
alumni affiliation
art
music/drama
athletics
religious affiliation
state/district residency
ROTC
No-loan financial aid policy
For all applicants regardless of financial need except a minimum student contribution required
Types of Aid Available
Types of loans available
Direct Subsidized Stafford loans, Direct Unsubsidized Stafford loans, Direct PLUS loans, Federal Perkins loans, Federal nursing loans, college/university loans from institutional funds, other
Financial Aid Statistics
First-time, full-time freshmen (enrolled)
Students who applied for need-based financial aid69%
Students determined to have financial need41%
Students whose need was fully met71%
Average need-based financial aid package (freshman)$26,945
Students who received need-based financial aid39%
Average need-based scholarship or grant award (freshmen)$19,145
Students who received need-based scholarship or grant aid (freshmen)32%
Average need-based self-help aid award (freshmen)$4,971
Students who received need-based self-help aid (freshmen)28%
Average need-based loan (excluding PLUS, unsubsidized, or other private loans)$4,069
Average percent of need met91%
Average non-need-based scholarship or grant award (freshmen)$4,478
Average non-need-based athletic scholarship or grant award (freshmen)$34,893
Aid awarded to in- and out-of-state students (public schools only)
Average need-based self-help aid award (in-state, undergraduate students)$5,196
In-state, undergraduate students receiving need-based self-help aid37%
Average need-based self-help aid award (out-of-state, undergraduate students)$6,855
Out-of-state, undergraduate students receiving need-based self-help aid27%
Average need-based loan (in-state, freshman students)$3,409
In-state, freshman students receiving need-based loans24%
Average need-based loan award (out-of-state, freshman students)$5,029
Out-of-state, freshman students receiving need-based loans23%
Average need-based loan award (in-state, undergraduate students)$4,643
In-state, undergraduate students receiving need-based loans27%
Average need-based loan (out-of-state, undergraduate students)$5,981
Out-of-state, undergraduate students receiving need-based loans24%
Average non-need-based scholarship or grant award (in-state, freshman students)$6,438
In-state, freshman students receiving non-need-based scholarship or grant aid64%
Average non-need-based scholarship or grant award (out-of-state, freshman students)$15,017
Out-of-state, freshman students receiving non-need-based scholarship or grant aid34%
Average non-need-based scholarship or grant award (in-state, undergraduate students)$6,406
In-state, undergraduate students receiving non-need-based scholarship or grant aid52%
Average non-need-based scholarship or grant award (out-of-state, undergraduate students)$15,354
Out-of-state, undergraduate students receiving non-need-based scholarship or grant aid34%
Full-time undergraduates
Students determined to have financial need39%
Average need-based financial aid package (undergraduates)$27,695
Average need-based scholarship or grant award (undergraduates)$20,108
Average need-based self-help aid award (undergraduates)$5,723
Average need-based loan (excluding PLUS, unsubsidized, or other private loans)$5,104
Average non-need-based scholarship or grant award (undergraduates)$5,569
Average non-need-based athletic scholarship or grant award (undergraduates)$34,780
Used GI Bill benefits to partially or fully finance tuition and fees1%
Indebtedness
Typical total debt after graduation
$19,153
Typical total debt among those who did not graduate
$10,284
Typical total debt by family income
Family IncomeTotal Debt
$0-$30,000$15,739
$30,001-$75,000$19,049
$75,001+$18,299
Typical monthly loan payment
$204
Undergraduates paying down their debt
79%
Undergraduates paying down their debt by family income
Family IncomePaying Down Debt
$0-$30,00070%
$30,001-$75,00077%
$75,001+83%
Average total indebtedness of 2018 graduating class
$27,224
Graduating students who have borrowed (any loan type, 2018)
37%
Average federal indebtedness of 2018 graduating class
$20,057
Graduating students who borrowed (federal loans, 2018)
36%
Average institutional indebtedness of 2018 graduating class
$4,156
Graduating students who have borrowed (institutional loans, 2018)
2%
Average state indebtedness of 2018 graduating class
-
Graduating students who have borrowed (state loans, 2018)
-
Average private indebtedness of 2018 graduating class
$41,982
Graduating students who have borrowed (private loans, 2018)
7%
Financial Aid for International Students
School offers non-federal need-based or non-need-based aid to international students
College-administered financial aid is not available
Priority filing date for financial aid
March 31
Application deadline for financial aid
March 31
School financial form required
No
CSS/financial aid PROFILE required
No
International student financial aid application required
No
International student certification of finances required
No
Award financial aid to eligible students without U.S. visa or legal status
Yes
International undergraduates receiving institutional aid
-
Average amount of institutional financial aid awarded to international undergraduates
-
Full-time undergraduate international students who were awarded need-based aid
-
Full-time undergraduate international students who were awarded non-need-based aid
-
Financial Aid Contact Information
Financial aid director
-
Financial aid office phone number
-
Work Study
Average need-based self-help aid award (freshmen)
$4,971
Students who received need-based self-help aid (freshmen)
28%
Average need-based self-help aid award (undergraduates)
$5,723
Student Employment
School employment available
Yes
Undergraduates working on campus during 2018-2019 academic year
-
Average amount undergraduates earn per year from part-time on-campus work
-
Freshmen discouraged from working during the first term
Yes
Part-time off-campus employment opportunities for undergraduates are
Excellent
Need-based Scholarships/Grants
Types of need-based scholarships/grants available
Federal PELL
Federal SEOG
state scholarships/grants
private scholarships
college/university gift aid from institutional funds
other
Average need-based scholarship or grant award (freshmen)
$19,145
Students who received need-based scholarship or grant aid (freshmen)
32%
Average need-based scholarship or grant award (undergraduates)
$20,108
Received need-based scholarship or grant aid (undergraduates)
32%
Non-need-based Scholarships/Grants
Average non-need-based scholarship or grant award (freshmen)
$4,478
Average non-need-based athletic scholarship or grant award (freshmen)
$34,893
Average non-need-based scholarship or grant award (undergraduates)
$5,569
Average non-need-based athletic scholarship or grant award (undergraduates)
$34,780
Costs
In-state tuition and fees
$15,558(2019-20)
Out-of-state tuition and fees
$51,200(2019-20)
Average annual cost
$14,860
Average annual cost by family income
Family IncomeAverage 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+$25,001
Minimum credits per term a student can take for full-time tuition price
12
Maximum credits per term a student can take for full-time tuition price
18
Per-credit-hour charge
-
In-state per-credit-hour charge
-
Out-of-state per-credit-hour charge
-
In-state tuition for all military veterans
Yes
Award in-state tuition to eligible students without U.S. visa or legal status
Yes
Expenses
Room and board
$11,996(2019-20)
Go to this school's net price calculator
https://npc.collegeboard.org/app/umich
Estimated cost of books and supplies
$1,048
Estimated transportation cost
-
Estimated personal expenses
$2,454
Payment Plans
Payment plans available
School's own payment plan
-
Financial aid
- Financial Aid Information
- Types of Aid Available
- Financial Aid Statistics
- Indebtedness
- Financial Aid for International Students
- Financial Aid Contact Information
-
Jobs
- Work Study
- Student Employment
-
Scholarships
- Need-based Scholarships/Grants
- Non-need-based Scholarships/Grants
-
Tuition
- Costs
- Expenses
- Payment Plans
