Information about U-M financial aid is available from a variety of sources within and outside of the university. Information about the current academic and financial aid year is compiled when all four terms of the academic year (Fall, Winter, Spring and Summer) are completed.
The Office of Financial Aid compiles information about the total aid awarded and paid from federal, state, institutional, and departmental sources to students of all academic levels. Data for 2016-2017 (the most recent year for reported data):
Total aid awarded: $1,002,737,731 to 31,296 students
- to undergraduates: $402,094,664 to 17,905 students
- to graduate students: $600,643,067 to 13,391 students
The University shares information about the affordability of the institution here:
- See information about the Go Blue Guarantee for undergraduates with family incomes of $65,000 or less and assets below $50,000. General information here and eligibility information here.
- View general affordability information here.
The U-M Office of Budget and Planning maintains The Michigan Almanac with up-to-date University data. Chapter 3 offers data about undergraduate costs and financial aid as well as affordability reports.
This U-M Office of Public Affairs website offers general budget information about the university and links to financial reports and other budget news. The Office of Public Affairs also provides background about key issues of interest to the university community, the general public and the media including information about financial aid. View that information here. A Public Affairs Tuition page answers variety of questions related to tuition, the university’s budget, and student financial aid.