Does the University of Michigan Ann Arbor offer good financial aid?

I'm considering applying to the University of Michigan Ann Arbor, but one of my biggest concerns is whether they provide enough financial aid to make attending there feasible. I'm not from Michigan, so I'm worried about out-of-state tuition costs. Does anyone know if Michigan is generous with their financial aid packages, especially for non-residents? Any personal experiences would be super helpful!

The University of Michigan Ann Arbor has a reputation for providing robust financial aid packages. Their commitment to meeting the financial needs of students has been a consistent factor highlighted over the years. A lot of this, however, does depend on a student's family income, assets, and other factors used to determine financial need.

As an out-of-state student, you can expect higher costs, but Michigan does provide financial aid to non-residents. It's also worth noting that out-of-state students may face more competition for financial aid given the high number of applicants seeking assistance.

When it comes to personal experiences, it's essential to remember that each case is unique and aid packages will differ from student to student. What works for one student may not necessarily work for another. Whatever financial aid you are considering, your first step should be to fill out the Free Application for Federal Student Aid (FAFSA) as soon as possible.

Lastly, the university has a Net Price Calculator on its website (https://npc.collegeboard.org/app/umich). It can provide a fairly accurate estimate of what students in your financial situation paid to attend in terms of out-of-pocket expenses, work-study, loans, and grant/scholarship aid from the institution, state, and federal government. It may be a helpful tool in initially estimating your costs, but it's always good to talk with the financial aid office directly to get a more precise idea.