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University of Michigan Tuition 2023: Cost of Attendance

Interested in attending one of the country’s top research institutions? Learn more about the University of Michigan Tuition and costs of attending the University, as well as the financial assistance alternatives available.

University of Michigan Tuition

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Tuition and Cost

The cost of tuition is specific to U-M schools and colleges and is determined by a student’s residency status, academic standing, the amount of credits they have registered for, and the term.

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For undergraduate students, full-time attendance is deemed to be between 12 and 18 credit hours every semester. Less than 12 credit hours are available with a per-credit-hour fee. If you choose over 18 hours, you must pay for extra credits.

For graduate students, full-time is defined as eight credits each term in order to qualify for financial aid (however, for tuition rate purposes, full-time for graduate students is defined as 9 credit hours per term).

The College of Literature, Science, and the Arts’ undergraduate and graduate rates are listed below on this page; tuition and fees may vary based on a student’s program of study.

University of Michigan Tuition Student Budget

Michigan Resident
(In-State)
Lower Division
(First-Year/Sophomore)
Upper Division
(Junior/Senior)
Tuition & Fees*: $16,736 $18,836
Housing & Meals‡: $13,170 $13,170
Books & Supplies: $1,092 $1,092
Personal & Misc: $2,557 $2,557
TOTAL: $33,555 $35,655
Nonresidents
(Out-of-State)
Lower Division
(First-Year/Sophomore)
Upper Division
(Junior/Senior)
Tuition & Fees*: $55,334 $59,212
Housing & Meals‡: $13,170 $13,170
Books & Supplies: $1,092 $1,092
Personal & Misc: $2,557 $2,557
TOTAL: $72,153 $76,031

University of Michigan Tuition Financial Aid

Financial help can take a variety of forms: grants and scholarships that are not reimbursed, loans that need to be paid back and Federal work-study programs that let you get a paycheck while in college.

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University of Michigan Tuition Scholarship

Scholarships at U-M are given out based on a variety of factors, such as academic excellence, unique skills and interests, leadership potential, financial need, or a combination of these.

Some scholarships may require a separate application, but the majority usually just demand that you’ve already filed your application for admission to the university.

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University of Michigan Tuition Grant

They will automatically review most of the awards offered by the Office of Financial Aid for you once they have admitted you to the University of Michigan.

Grants are unrepayable monies provided by the government or a university. They give most grants out based on financial need, however there are others that are not.

University of Michigan Tuition Loan

Loans are financial help that must be returned when you graduate or leave college, plus interest. The U.S. Department of Education offers Direct Loans, which make up most student loans. You can apply separately for a supplementary loan from the federal government or a private lender if you are not qualified.

University of Michigan Tuition Work-Study

In order to help pay for their education, many students choose to work part-time while they are in school. The federal work-study program, which is accessible to students with financial need at both the undergraduate and graduate levels, pays, for part-time employment.

The U-M Student Employment Office posts job postings that are open to all students on the U-M campus and in the surrounding area.

University of Michigan Tuition Child Care Subsidy

The University of Michigan provides students with the Child Care Subsidy to help with the expense of caring for their young, dependent children.

READ Also:  University of North Carolina at Chapel Hill (UNC Chapel Hill or UNC—flagship/main campus)Tuition and Fees 2023/2024 academic session.

What GPA is Required for U of M?

Keep your cumulative GPA at or above 2.8. This cumulative GPA considers all of your undergraduate education.

How Hard is it to Get into the University of Michigan?

Despite having a sizable student body, it only accepts 26% of applicants. There are no official GPA requirements at the University of Michigan.

However, the review procedure will heavily depend on your GPA. For first-year students admitted to UM in 2023, the typical high school GPA was 3.90.

Do University of Michigan Students Get into Games Free?

They permit you to watch any of these teams as a student at Michigan. Football, men’s basketball, and men’s hockey season tickets are available at a reduced price for Michigan students. Hockey costs $150, basketball costs $175, and a package for all home football games is $216.

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Is University of Michigan Worth the Money?

The University of Michigan-Ann Arbor is ranked 2,072nd overall for value out of 2,223 institutions. We think the University of Michigan – Ann Arbor is pricey for the quality of education it offers based on our review of other universities at comparable price ranges.

Does Michigan Give Merit Scholarships?

Undergraduate students seeking their first degree can apply for the Michigan Competitive Scholarship, which is awarded based on both merit and financial need. A student must take the SAT (Class of 2017 and beyond) before to enrolling in college and get a qualifying score of at least 1200 in order to be taken into consideration.

We believe this article has done justice to the University of Michigan Tuition. Please keep visiting our page for more articles like this.

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