As a prospective student, how can I determine the cost of attending U-M as well as the amount of financial aid I may be eligible to receive?
Starting the financial aid process can feel a bit overwhelming at first, but it doesn’t have to be. Learn how you can estimate your costs, create a budget, qualify for aid, and meet important dates and deadlines on the Office of Financial Aid website.
The Net Price Calculator will help you explore the cost of a University of Michigan education and help you make informed decisions as you plan for college. This tool will help you estimate your eligibility for financial aid and your out-of-pocket expenses as a full-time student. It will estimate available grants, scholarships, and federal loans. You will answer some basic questions about your parents' financial situation, so having recent tax forms or pay stubs on hand as you begin will be helpful.
You may also view the estimated cost of attendance in chart form on the Office of Financial Aid website. Cost of attendance is based on estimated student budgets that assume full-time (12-18 credit hours) attendance for two semesters, fall and winter, and includes Tuition & Fees, Housing, Books, and personal & miscellaneous estimates.
The Office of Financial Aid's Planning Tools and Calculators webpage provides additional information about saving money, learning about financial aid, and budgeting for your life as a student.