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University of Michigan - Ann Arbor Cost. Value. A. Based on average net price, earnings potential, student and alumni reviews, and additional factors. Net Price. $19,205 / year. National. $15,523. Average cost after financial aid for students receiving grant or scholarship aid, as reported by the college.
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How Much Does U-M Charge for Tuition? $17,193 In-State Tuition & Fees. $55,097 Out-of-State Tuition & Fees. In 2020-2021, the average out-of-state tuition and fees at University of Michigan - Ann Arbor ran about $55,097 per year for students working on an undergraduate degree. Those who hail from the state of Michigan get a discount and only ...
University of Michigan—Ann Arbor's ranking in the 2024 edition of Best Colleges is National Universities, #21. Its in-state tuition and fees are $17,786; out-of-state tuition and fees are $57,273.
- 500 S. State St, Ann Arbor, 48109, MI
- 0734 764 1817
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- Student Loans and Debt
- Student Outcomes
- Local Cost of Living Considerations
- Other Ways to Save
- Wrapping It Up
Even with merit-based and need-based aid, students need to make up the remaining cost of their education. This is where the infamous loan comes in; at the University of Michigan, a little less than half of the students have a loan—43% to be exact. The average size of the federal student loan per student was $2,815.
Any school that your student chooses to attend will be a financial investment on the part of your family. As a result, it’s important to consider the graduation rate and the average salary of graduates. While your student’s own ambition and work ethic will mostly determine their success, it’s good to know that schools like the University of Michiga...
Remember how we said that the cost of attendance includes miscellaneous costs of living? The list price itself is usually an average, since the exact cost of living for any student will vary based on where they choose to live and eat, but getting a general sense of the area surrounding a school is a good place to start. Ann Arbor’s cost-of-living i...
Aside from penny-pinching and encouraging your student to work, you may be wondering if there is a way to make a significant dent in the net cost of education to your family. Regardless of your household income, one of the best ways to save is to encourage your student to apply for scholarships. Although the University of Michigan will automaticall...
Top colleges like the University of Michigan offer a lot of ways to make college more affordable for every student. Through a combination of traditional saving methods and financial aid know-how, you and your student are on your way to making their dream school a reality. Curious about your chances of acceptance to the University of Michigan – Ann ...
The average student will pay a total net price of $21,977. Two important factors that affect the net price you will pay to attend University of Michigan - Ann Arbor are where you will be living, either on-campus or off, and whether or not you will be receiving any grants or scholarships. $21,977 is the average net price across all students.
In-state tuition at University of Michigan for undergraduate students residing in Michigan is $16,404. Room and board charges total $13,171 per year. Students will also need to budget for books and supplies, which typically amount to $1,092 annually. Other administrative or academic fees are $332 for the year.
Mar 12, 2024 · For the academic year 2023-2024, the undergraduate tuition & fees at University of Michigan-Ann Arbor is $17,228 for Michigan residents and $58,072 for out-of-state students. The graduate school tuition & fees is $27,524 for students living in Michigan and $55,052 for others. The Living costs besides the tuition & fees is reported as $16,428 ...
