Costs
In-State
Out-of-State
Since UMich is a public university, there are different costs for in-state students and out-of-state students. The sticker price at UMich is $33,556 for in-state students in MI, and $72,154 for out-of-state students. This sticker price includes costs for tuition, books and supplies, room and board, and other miscellaneous expenses.
It’s also important to note that the cost of attendance can vary from year to year and typically it will rise over your four years in college. With that said, your financial aid will also be recalculated every year to take any price increases, as well as any changes in your financial situation, into account.
Using State Grants at UMich
Michigan students who are considering UMich should look into Michigan state grants to help fund their education. The Michigan Tuition Grant is available to students with financial need, as is the Tuition Incentive Program. Check out the state's official website for a full list of state educational grants.
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University of Michigan-Ann Arbor Financial Aid
Students who are applying for financial aid at University of Michigan-Ann Arbor need to submit the Free Application for Federal Student Aid (or FAFSA). The FAFSA uses financial information from the prior, prior year which means that you don’t need to wait for the year to end and can use last year’s financial information.
The FAFSA code for University of Michigan-Ann Arbor is 002325.
If you are looking for more information on how to complete the FAFSA, check out our How to Complete the FAFSA Guide.
Stamps Scholarship at UMich
UMich participates in the Stamps Scholarship Program, which means that they offer recurring scholarships to select admitted students. These awards range between $6,000 to $90,000 per year. Many schools automatically consider admitted students for Stamps Scholarships. However, some schools have a separate application process; be sure to check UMich's website for information on how to apply.
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Pell Grants at University of Michigan-Ann Arbor
16% of students at University of Michigan-Ann Arbor receive Pell Grants, which are awarded to undergraduate students with demonstrated financial need (students who have a bachelor’s or professional degree are not eligible). Pell Grants are awarded by the federal government and do not need to be repaid. To apply for a Pell Grant, students will need to submit their FAFSA. If you are awarded a Pell Grant, you’ll see it listed in your financial aid award letter if you are accepted to University of Michigan-Ann Arbor.
You can learn more about Pell Grant eligibility here.
Outside Scholarships
UMich students can also apply for outside scholarships to fund their education. Outside scholarships are awards that are offered by private and non-profit organizations. If you want to see what outside scholarships you are eligible for, check out these resources: