Hey applying-to-college-ers! I'm really interested in UMICH, but before I get too attached, I just want to make sure that I will be able to afford it. Anyone can share details about the cost of studying at UMICH, please? Gratitude!
Sure, happy to share information about the cost of studying at UMich!
The University of Michigan, Ann Arbor presents varying costs for in-state and out-of-state students.
For in-state students, the estimated annual tuition and related fees is around $17,228, while out-of-state students will see a tuition and fees cost of approximately $58,072. These figures can fluctuate slightly each year.
Keep in mind, these costs include instruction only and don't account for additional fees, books, course materials, or living expenses. The total estimated cost of attendance (which includes tuition, fees, housing, meals, books, and personal expenses) is about $33,556 for in-state students per year. For out-of-state students, the total cost is estimated to be $72,154 per year.
Don't let these numbers intimidate you, though. UMich offers several types of financial aid, from need-based aid to merit scholarships, work-study programs, and loans. You'll want to make sure to apply for this aid by filling out the FAFSA and any other relevant financial aid applications to potentially offset the cost. Remember to use the net price calculator available on UMich's website to get a more personalized estimate of how much you'd be expected to pay.
I hope this gives you a better idea of the possible financial commitment. It's a great step that you're thinking about college costs so proactively!
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