FourYearCost

University of Michigan-Ann Arbor

Ann Arbor, MIPublicRank 1670 of 1,732Traditional rank 1103 of 1,156

Avg freshman grant · 2022-23
$22,005
3,850 recipients
Avg grant, later years · 2022-23
$25,297
12,992 recipients
The drop
−$3,292
-15.0% of the freshman average

Freshman grant vs later years

Freshman year$22,005Later years$25,297

Average grant per recipient, IPEDS SFA 2022-23.

Averages across all recipients, not a prediction for one student. Continuing students include transfers and part-time students. Data is about two years old. How this is calculated.

Average net price by family income (2022-23)

Family incomeAvg net price
$0–30k$4,926
$30–48k$5,389
$48–75k$8,756
$75–110k$16,042
$110k+$26,787

First-time, full-time students receiving Title IV aid, in-state. Source: IPEDS SFA 2022-23.

Published cost (IPEDS)

Tuition and fees (in-state), 2022-23$16,736
Tuition and fees (in-state), 2023-24$17,228
Change$492 (+2.9%)
Tuition and fees (out-of-state), 2023-24$58,072
On-campus room and board, 2023-24$13,856

Source: IPEDS Institutional Characteristics, academic years 2022-23 and 2023-24.

Latest published cost (state report)

Resident 2025-26$18,346
Resident 2026-27$18,896
Change+3.0%
Nonresident 2026-27$67,096

Source: University of Michigan Office of Budget and Planning, obp.umich.edu.

Tuition and fees trend (in-state)

$15,2622018-19$15,5582019-20$15,9482020-21$16,1782021-22$16,7362022-23$17,2282023-24

Published tuition and required fees, +12.9% from first to last year shown. Source: IPEDS Institutional Characteristics 2021-22 and 2023-24 files.

Average net price trend

$19,2052020-21$19,3182021-22$19,0052022-23

Average net price for first-time, full-time students receiving grant aid, in-state. Source: IPEDS SFA 2022-23.

Outcomes and aid profile

Bachelor's graduation rate within 6 years93%
Full-time freshman retention (return for year 2)98%
Freshmen receiving Pell Grants18%
Freshmen taking federal loans23%
Average federal loan (freshmen who borrow)$4,988
Aid drop one year earlier (2021-22)−$1,988

Sources: IPEDS Graduation Rates 2023 (DRVGR), Fall Enrollment 2023 (retention), SFA 2022-23 and 2021-22. "Freshmen" = first-time, full-time undergraduates.

Compare with other colleges Compare with the two most similar

More: all MI colleges · how aid changes after year one · lowest net price for low-income families · 2026-27 state cost reports

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