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COLLEGE PROFILE

University of Michigan

Ann Arbor, MI

TUITION AND EXPENSES

Cost of AttendanceIn-state: $23,138
Out-of-state: $50,388
Tuition and Fees
In-state: $13,142
Out-of-state: $40,392
Room and Board
$9,996
Books and Supplies
Not reported
Other Expenses
Not reported
Payment PlansInstallment plan

APPLYING FOR FINANCIAL AID

Financial Aid Office
E-mailfinancial.aid@umich.edu
Web SiteFinancial Aid Web Site
Net Price Calculator URL Net Price Calculator URL
Application Process
Application DeadlinePriority deadline April 30
Final deadline May 31
Award NotificationOn a rolling basis
Methodology for Awarding
Institutional Aid
Federal and Institutional Methodologies
Forms RequiredCost to File
FAFSA
Code is 002325
Free
CSS/Financial Aid Profile$25 for first college, $16 each additional

PROFILE OF 2011-12 FINANCIAL AID

Freshmen
Financial Aid Applicants3,759 (60.5%) of freshmen
Found to Have Financial Need2,547 (67.8%) of applicants
Received Financial Aid2,540 (99.7%) of applicants with financial need
Need Fully Met1,955 (77.0%) of aid recipients
Average Percent of Need Met85%
Average Award$18,230
Need-Based Gift
Received by 1,837 (72.3%) of aid recipients, average amount $13,107
Need-Based Self-Help
Received by 2,028 (79.8%) of aid recipients, average amount $5,180
Merit-Based Gift
Received by 1,465 (57.7%) of aid recipients
Merit-Based Gift1,243 (20.0%) of freshmen had no financial need and received merit aid, average amount $6,816
All Undergraduates
Financial Aid Applicants14,089 (51.7%) of undergraduates
Found to Have Financial Need10,748 (39.5%) of applicants
Received Financial Aid10,503 (97.7%) of applicants with financial need
Need Fully Met8,472 (80.7%) of aid recipients
Average Percent of Need Met85%
Average Award$19,334
Need-Based Gift
Received by 7,919 (75.4%) of aid recipients, average amount $13,256
Need-Based Self-Help
Received by 8,869 (84.4%) of aid recipients, average amount $6,208
Merit-Based Gift
Received by 6,070 (57.8%) of aid recipients
Merit-Based Gift4,455 (16.4%) of undergraduates had no financial need and received merit aid, average amount $9,756
Borrowing
2012 Graduates Who
Took Out Loans
44%
Average Indebtedness of
2012 Graduates
$27,815
Parents Borrowing PLUS Loans 
Parents of Students
Receiving Aid
6.0%
Parents of Students Not
Receiving Aid
1.0%

FINANCIAL AID PROGRAMS

Loans
Federal LoansDirect subsidized Stafford loans, direct unsubsidized Stafford loans, direct PLUS loans, Federal Perkins loans, Federal Nursing loans
State Loans 
Other LoansCollege/university loans, Health Professions Student Loans (HPSL)
Scholarships and Grants
Need-Based AvailableFederal Pell grants, SEOG, State scholarships, Institutional scholarships, Private scholarships, TEACH Grants, Byrd Scholarships
Non-Need–Based AvailableAcademic scholarships, Creative arts/performance scholarships, Music/Drama scholarships, Athletic scholarships, State scholarships, ROTC scholarships, Alumni affiliation scholarships, Leadership scholarships, Religious affiliation scholarships
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, Humanities, International Studies, Library Science, Mathematics, Military Science, Physical Sciences, Premedicine, Social Sciences
Number of Awards
Not reported
Top Areas (By Money
Awarded)
Architecture, Military Science, Biological Sciences, Business, Computer Science, Communication, Education, Engineering/Technologies, English, Foreign Languages, Health Fields, Humanities, International Studies, Library Science, Mathematics, Physical Sciences, Premedicine, Social Sciences, Area/Ethnic Studies
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
Top Areas (By Money
Awarded)
Art/Fine Arts, Cinema/Film/Broadcasting, Creative Writing, Theater/Drama, Journalism/Publications, Music, Performing Arts, Dance
Special Achievements/Activities
Award Areas
Community Service, Leadership
Number of Awards
Not reported
Top Areas (By Money
Awarded)
Leadership, Community Service
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
Top Areas (By Money
Awarded)
Children of Faculty/Staff, Children of Workers in Trades, Handicapped Students, Out-of-State Students, Local/State Students, Members of Minorities, International Students
Employment
Work-Study ProgramsFederal work study available
Average Earnings from
On-Campus Employment
$1,607
1/19
College Chances

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CLASS OF 2018 Profile of Students on COLLEGEdata
Interested in This College
  GPA SAT ACT
UW W M CR W  
Average 3.69 4.04 690 649 663 29
Low 1.80 2.18 380 390 350 16
High 4.00 5.00 800 800 800 36
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Take a Video Tour of This College

A portion of the College Profile data is provided under license by:
Annual Survey of Colleges 2013, copyright © 2013 The College Board. All rights reserved.
Peterson's Undergraduate and Undergraduate Financial Aid Databases,
copyright © 2013 Peterson's, a Nelnet company. All rights reserved.

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