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University of Michigan - Ann Arbor Cost

Net Price

Net Price
$15,757/ year
National
$15,403
Net Price by Household Income
  • <$30k
    $3,414/ year
  • $30-48k
    $6,561/ year
  • $49-75k
    $9,761/ year
  • $76-110k
    $17,163/ year
  • $110k+
    $23,687/ year

Net price is the average cost after financial aid for students receiving grant or scholarship aid, as reported by the college.

Sticker Price

In-State Tuition
$14,402/ year
Out-of-State Tuition
$45,410/ year
Average Housing Costs
$10,872/ year
Average Meal Plan Cost
$3,926/ year
Books & Supplies
$1,048/ year
Tuition Guarantee Plan
No
Tuition Payment Plan
Yes
Prepaid Tuition Plan
No

Loans

Students Taking Out Loans
29%
Average Loan Amount
$6,753/ year
National
$6,857

Financial Aid

Any Financial Aid
61%
Average Total Aid Awarded
$15,211/ year
National
$7,535
Students Receiving Aid
  • Federal Grant Aid
    14%
  • State Grant Aid
    11%
  • Institution Grant Aid
    47%
  • Pell Grant
    13%
Average Aid Awarded
  • Federal Grant Aid
    $5,153
  • State Grant Aid
    $715
  • Institution Grant Aid
    $13,796
  • Pell Grant Amount
    $4,516
Poll
Which statement best describes your financial aid experience at this school?
Based on 396 responses
  • It went smoothly, and I received the financial aid I needed.
    29%
  • The process was a hassle, but I received the financial aid I needed.
    21%
  • It was an absolute headache, and it took multiple attempts to receive any aid.
    5%
  • It is an ongoing process that I am still dealing with.
    21%
  • I did not apply for financial aid.
    25%
Financial Aid Website

Overall Value

Value
A+
Based on average net price, earnings potential, student and alumni reviews, and additional factors.
Poll
85%
of students feel like they are getting their money's worth out of their program.125 responses
Graduation Rate
90%
National
48%
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