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 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.

Family 1: HAIL Scholarship Helps Dreams Come True

This entering student has not yet declared a major in LSA. The student is the first child in the family to attend college.

Lives in: Oakland County, MI
Household Size: 4
Income: $43,000
Savings/Assets: $0

Financial Aid
Merit Scholarship: $1,500
Federal Pell Grant: $6,145
HAIL Scholarship: $16,178
Univ. of Mi Grant: $1,748
Federal Work-Study: $3,100
Federal Direct Subsidized Loan: $3,313
Federal Direct Unsubsidized Loan*: $288
Total Aid: $32,272

* Loan assists with Expected Family Contribution

$32,272
Estimated Cost of Attendance
$32,272
Financial Aid Package
Total Cost:
$0

Family 2: A Mix of Scholarships and Loans

This sophomore student is enrolled in the School of Music, Theater and Dance. The student lives with their mother and two younger siblings.

Lives in: Southwestern MI
Household Size: 4
Income: $52,000
Savings/Assets: $49,000

Financial Aid
Merit Scholarship #1: $5,500
Merit Scholarship #2: $8,000
University of Michigan Grant: $11,109
Federal Direct Unsubsidized Loan*: $5,500
Total Aid: $30,190

* Loan assists with Expected Family Contribution

$32,841
Estimated Cost of Attendance
$30,190
Financial Aid Package
Total Cost:
$2,732

Family 3: Tuition Covered by U-M Grant

This sophomore transfer student is studying Engineering.

Lives in: thumb area of Michigan
Household Size: 3
Income: $51,652
Savings/Assets: $200

Financial Aid
Go Blue Grant: $17,296
University of Michigan Grant: $3,446
Federal Work-Study: $3,100
Federal Direct Subsidized Loan: $3,901
Federal Direct Unsubsidized Loan*: $2,599
Total Aid: $30,342

* Loan assists with Expected Family Contribution

$33,309
Estimated Cost of Attendance
$30,342
Financial Aid Package
Total Cost:
$3,048

Family 4: Gift Aid Helps When Two Are in College

This senior student is enrolled with the School of Information.

Lives in: Upper Peninsula
Household Size: 4
Income: $128,023
Savings/Assets: $59,000

Financial Aid
University of Michigan Grant: $9,233
Federal Work-Study: $3,100
Federal Direct Subsidized Loan: $5,500
Federal Direct Unsubsidized Loan*: $2,000
Total Aid: $19,833

* Loan assists with Expected Family Contribution

$34,302
Estimated Cost of Attendance
$19,833
Financial Aid Package
Total Cost:
$14,469

Family 5: U-M Grant Leads the Way

This senior student is pursuing a bachelor’s degree in Chemistry and has two younger siblings.

Lives in: Northern Michigan
Household Size: 5
Income: $114,297
Savings/Assets: $0

Financial Aid
University of Michigan Grant: $9,168
Federal Work-Study: $3,100
Federal Direct Subsidized Loan: $4,812
Federal Direct Unsubsidized Loan*: $2,688
Private Educational Alternative Loan*: $14,534
Total Aid: $19,768

* The Private Educational Alternative Loan is not included in the aid package total, but does contribute to covering the total cost

$34,302
Estimated Cost of Attendance
$19,768
Financial Aid Package
Total Cost*:
$0