Family Profiles

While we can provide general numbers and averages, these profiles reflecting the total costs for the 2021-22 school year illustrate how every family situation is unique when considering financial aid.
The U-M Net Price Calculator offers an individualized estimate of your financial aid.
This entering student is in the School of Music, Theater and Dance. The student is the first child in the family to attend college.
Lives In: Berrien County, Michigan
Household Size: 4
Income: $49,000
Savings/Assets: $0
Financial Aid
Merit Scholarship: $1,500
Federal Pell Grant: $6,895
HAIL Scholarship: $17,396
University of Michigan Grant: $2,861
M-Pact Scholarship: $4,772
Federal Work-Study: $1,288
Total Aid: $34,712
*Loan assists with Expected Family Contribution
This sophomore student is enrolled in the College of Engineering. The student lives with two parents and two younger siblings.
Lives In: Southeast Michigan
Household Size: 5
Income: $87,000
Savings/Assets: $59,000
Financial Aid
Merit Scholarship #1: $5,500
Merit Scholarship #2: $8,000
University of Michigan Grant: $16,390
Federal Direct Unsubsidized Loan*: $6,500
Total Aid: $36,390
*Loan assists with Expected Family Contribution
This junior entering transfer student is studying in the College of Literature, Science, and the Arts.
Lives In: thumb area of Michigan
Household Size: 3
Income: $59,652
Savings/Assets: $200
Financial Aid
Federal Pell Grant: $4,745
Go Blue Grant: $14,091
University of Michigan Grant: $6,472
Federal Work-Study: $3,100
Federal Direct Subsidized Loan*: $5,116
Federal Direct Unsubsidized Loan*: $2,132
Total Aid: $35,656
*Loan assists with Expected Family Contribution
This senior student is enrolled in the School of Information.
Lives In: Michigan's Upper Peninsula
Household Size: 5 (student and 1 sibling are both in college)
Income: $128,023
Savings/Assets: $61,000
Financial Aid
University of Michigan Grant: $20,440
Federal Work-Study: $3,100
Federal Direct Subsidized Loan*: $5,116
Federal Direct Unsubsidized Loan*: $2,384
Total Aid: $31,040
*Loan assists with Expected Family Contribution
This senior student is pursuing a bachelor's degree in chemistry.
Lives In: Northern Michigan
Household Size: 3
Income: $124,297
Savings/Assets: $159
Financial Aid
University of Michigan Grant: $4,421
Federal Work-Study: $3,100
Federal Direct Subsidized Loan: $5,116
Federal Direct Unsubsidized Loan*: $2,384
Federal Direct PLUS Loan (for parents)^: $20,635
Total Aid (before parent borrowing): $15,021
*Loan assists with Expected Family Contribution
^The Federal Direct PLUS Loan is not included in the aid package total, but can contribute to covering the total cost if a parent chooses to borrow.