How much does it cost to go to University of Michigan for 4 years?
At the University of Michigan’s Ann Arbor campus, estimated tuition and fees for the 2019-2020 school year is $15,558 for in-state freshmen and sophomores and $17,522 for in-state juniors and seniors. But for out-of-state students these costs are $51,200 for freshmen and sophomores and $54,794 for juniors and seniors.
How much is tuition room and board at University of Michigan?
In State Michigan Resident Sticker Price
|Books and Supplies||$1,048|
|Room and Board||$11,996|
How much does U of M cost per semester?
* Tuition and fees listed are based on approved rates for the 2019-2020 academic year.
Estimated Spring/Summer 2020.
|Michigan Resident (In-State)|
|Tuition & Fees*:||$12,109.19|
|Housing & Meals‡:||$8,213|
|Books & Supplies:||$596|
|Personal & Misc:||$3,287|
Is University of Michigan worth the money?
Within Michigan, U-M is a Great Quality for a Great Price.
University of Michigan – Ann Arbor is ranked #1 out of #42 in Michigan for quality and #1 out of #41 for Michigan value. This makes it a great quality and a great value in the state. Find out if U-M offers in-state tuition that you may qualify for.
How do people afford University of Michigan?
Here are your funding sources for the University of Michigan, in the order you would (ideally) seek them:
- The Free Application for Federal Student Aid (FAFSA)
- Grants for University of Michigan students.
- Scholarships for University of Michigan students.
- Federal work-study.
- Federal student loans.
- Private student loans.
Is Michigan worth it out of state?
Not for an undergrad degree, unless you intend to work and/or live in Michigan, but yes for some advanced degrees that will be recognized for excellence throughout the U.S. Law, Medicine, Engineering, Psychology, Biology, Business are all well respected nationally, but any degree that is only respected locally will not …
Does University of Michigan give merit scholarships?
All domestic students are automatically considered for merit-based scholarships offered through the College of Engineering after formal admittance to the University of Michigan.
How good is University of Michigan financial aid?
63% of Students Get ANY Aid
This is 23% LOWER than the average for Public schools, which is 86%. This could be bad news – fewer students getting aid could mean students are paying more at University of Michigan than they would at other similar schools.
Is Umich an elite school?
One of the country’s most affordable elite schools, the University of Michigan is seriously selective: It accepted just under a quarter of its nearly 65,000 applicants in 2019. … For non-athletes, U-M provides countless clubs and opportunities for civic engagement.