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 2019-20 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 junior is first-gen and his parents are disabled. He is studying bioscience in LSA.

Hometown: Detroit
Household Size: 6
Income: $15,696
Savings/Assets: $0

Financial Aid    
Federal Pell Grant: $ 6,345
HAIL Scholarship: $17,948
Univ. of Mi Grant: $1,612 
M-Pact Grant: $5,079 
Federal Work-Study: $2,500 
Total Aid: $33,484 

$33,484
ESTIMATED COST OF ATTENDANCE
$33,484
FINANCIAL AID PACKAGE
Total Cost:
$0

Family 2: A Mix of Scholarships and Loans

This sophomore has not declared her major within LSA. Their mother is self-employed as an artist and their father works for an engineering firm.

Hometown: St. Joseph
Household Size: 4
Income: $90,680 
Savings/Assets: $60,200 

Financial Aid
Private Scholarship: $3,000 
Univ. of Mi Grant: $12,301 
Federal Work-Study: $2,579 
Federal Direct Loan*: $6,500 
Total Aid: $24,380 
* Loan assists with Expected Family Contribution    

$31,484
ESTIMATED COST OF ATTENDANCE
$24,380
FINANCIAL AID PACKAGE
Total Cost:
$7,104

Family 3: Tuition Covered by U-M Grant

This is an entering nursing student from a single parent household. He lives with his father and his mother is deceased. 

Hometown: Ann Arbor
Household Size: 2
Income: $52,583 
Savings/Assets: $15,092 

Financial Aid
University of Michigan Grant: $15,950 
Federal Work-Study: $3,000 
Federal Direct Loan: $2,977 
Total Aid: $21,927 

$31,484
ESTIMATED COST OF ATTENDANCE
$21,927
FINANCIAL AID PACKAGE
Total Cost:
$9,557

Family 4: Gift Aid Helps When Two Are in College

This junior in the College of Engineering is studying civil engineering. Her younger brother also started college this year.

Hometown: Lansing
Household Size: 4
Income: $123,860
Savings/Assets: $55,000

Financial Aid
University of Michigan Grant: $16,297 
Federal Work-Study: $3,000 
Federal Direct Loan: $7,500 
Institutional Loan: $1,070 
Total Aid: $ 27,867 

$37,496
ESTIMATED COST OF ATTENDANCE
$27,867
FINANCIAL AID PACKAGE
Total Cost:
$9,629

Family 5: U-M Grant Covers Almost Half of Total Cost

This LSA sophomore is undeclared, but focusing on psychology. Their older brother is also in college.

Hometown: Lansing
Household Size: 6
Income: $160,398
Savings/Assets: $0

Financial Aid
University of Michigan Grant: $8,557 
Federal Work-Study: $3,000 
Federal Direct Loan: $3,599 
Total Aid: $15,156    

$31,484
ESTIMATED COST OF ATTENDANCE
$15,156
FINANCIAL AID PACKAGE
Total Cost:
$16,328