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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 :
Not reported

Installment Plan Available

Tuition & Fees :
Not reported
Room & Board :
$16,246
Books & Supplies :
$1,184
Other Expenses :
$2,772
Scholarship Finder
Applying For Financial Aid
Applying For Financial Aid
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Email
financial.aid@umich.edu
Website
Financial Aid Website
Application Process
Application Deadline
February 1
Award Notification
On a rolling basis beginning January 31
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 2023-24 Financial Aid
Profile of 2023-24 Financial Aid
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Freshman
Financial Aid Applicants
5,525 (74.4%) of freshmen
Found to Have Financial Need
3,151 (57.0%) of applicants
Received Financial Aid
3,090 (98.1%) of applicants with financial need
Need Fully Met
2,046 (66.2%) of aid recipients
Average Percent of Need Met
91%
Average Award
$35,086
Need-Based Gift
Received by 2,886 (93.4%) of aid recipients, average amount $26,971
Need-Based Self-Help
Received by 1,194 (38.6%) of aid recipients, average amount $3,798
Merit-Based Gift
Received by 2,073 (67.1%) of aid recipients
1,070 (14.4%) of freshmen had no financial need and received merit aid, average amount $4,538
All Undergraduates
Financial Aid Applicants
17,553 (54.5%) of undergraduates
Found to Have Financial Need
12,150 (69.2%) of applicants
Received Financial Aid
11,968 (98.5%) of applicants with financial need
Need Fully Met
8,772 (73.3%) of aid recipients
Average Percent of Need Met
91%
Average Award
$34,861
Need-Based Gift
Received by 11,084 (92.6%) of aid recipients, average amount $26,860
Need-Based Self-Help
Received by 6,290 (52.6%) of aid recipients, average amount $4,653
Merit-Based Gift
Received by 7,813 (65.3%) of aid recipients
3,758(11.7%)of undergraduates had no financial need and received merit aid,average amount $6,270
All Undergraduates
2024 Graduates Who Took Out Loans
32%
Average Indebtedness of 2024 Graduates
$27,923
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 Profession Students
Scholarships and Grants
Need-Based Available
Federal Pell grants
SEOG
State scholarships
Institutional scholarships
Private scholarships
Iraq and Afghanistan
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 2024-25 academic year.
A portion of the College Profile data is provided under license by:
Peterson's Undergraduate and Undergraduate Financial Aid Databases, copyright © 2025 Peterson's LLC. All rights reserved.