How much will it really cost to attend U-M?

While we can provide general numbers and averages, these profiles reflecting the total costs for the 2024-25 school year illustrate how every family situation is unique when considering financial aid. Learn more about Estimating Costs.

The U-M Net Price Calculator offers an individualized estimate of your financial aid.

Family 1: A Mix of Scholarships and Loans

This entering first-year student is enrolled in the School of Music, Theatre & Dance. The student lives with their mother.

Lives In: Bay County, MI
Family Size: 2
Income: $79,900
Savings/Assets: $4,000

Financial Aid
Scholarship #1: $500
Scholarship #2: $8,000
Federal Pell Grant: $3,395
University of Michigan Grant: $22,379
Michigan Achievement Scholarship: $5,500
Total Aid: $39,774

$39,774
Estimated Cost of Attendance
$39,774
Financial Aid Package if Using All Aid Offered
Total Net Cost:
$0

Family 2: Tuition Covered by Go Blue Guarantee Grant

This third-year transfer student is studying Kinesiology.

Lives In: Grand Rapids, MI
Family Size: 5
Income: $56,790
Savings/Assets: $35,000

Financial Aid
Federal Pell Grant: $7,395
Go Blue Guarantee Grant: $14,771
University of Michigan Grant: $12,202
Michigan Achievement Scholarship: $5,500
Federal Work-Study: $2,500
Total Aid: $42,368

$42,368
Estimated Cost of Attendance
$42,368
Financial Aid Package if Using All Aid Offered
Total Net Cost:
$0

Family 3: Gift Aid Helps When Two Are in College

This second-year student is enrolled in the College of Engineering and has a younger sibling entering college this year.

Lives In: Ingham County, MI
Family Size: 4
Income: $119,830
Savings/Assets: $62,593

Financial Aid
Go Blue Grant: $19,614
Michigan Achievement Scholarship: $5,500
Federal Work-Study: $761
Federal Direct Unsubsidized Loan*: $6,500
Total Aid: $32,375
*Loan assists with Student Aid Index.

$39,816
Estimated Cost of Attendance
$32,375
Financial Aid Package if Using All Aid Offered
Total Net Cost:
$7,441

Family 4: U-M Grant Leads the Way

This third-year student is pursuing a bachelor's degree in neuroscience and receives Post-9/11 GI Bill benefits that were transferred from a parent.

Lives In: Metro Detroit
Family Size: 3
Income: $138,960
Savings/Assets: $42,850

Financial Aid
University of Michigan Grant: $11,154
Michigan Achievement Scholarship: $5,500
Federal Work-Study: $4,000
Federal Direct Subsidized Loan*: $5,424
Federal Direct Unsubsidized Loan*: $2,076
Private Educational Loan**: $12,696
Total Aid: $40,850
*Loan assists with Student Aid Index.

**The private educational loan is not included in the aid package total, but does contribute to covering the total cost if a family chooses to borrow the additional loans.

Veteran education benefits may be used to assist with paying education costs but are not part of the financial aid total.

$40,850
Estimated Cost of Attendance
$40,850
Financial Aid Package if Using All Aid Offered
Total Net Cost**:
$0