Cost Details
- In-State Tuition
- $17,228
- Out-of-State Tuition
- $58,072
- Average Net Price
- $14,832
- Students Receiving Financial Aid
- 17.6%
- Room & Board (On Campus)
- $13,856
- Room & Board (Off Campus)
- $13,856
- Books & Supplies
- $1,126
- Total Cost of Attendance
- $32,210
- Median Debt at Graduation
- $19,500
- Estimated Monthly Loan Payment
- $207/mo
- Loan Repayment Rate
- 79.1%
- Students Taking Federal Loans
- 21.0%
- Pell Grant Recipients
- 17.6%
Net Price by Family Income
Average annual net price after grants and scholarships. Source: U.S. Department of Education
| Family Income | Average Net Price |
|---|---|
| $0 – $30,000 | $4,926 |
| $30,001 – $48,000 | $5,389 |
| $48,001 – $75,000 | $8,756 |
| $75,001 – $110,000 | $16,042 |
| $110,001+ | $26,787 |
Cost Estimator
Cost Overview
Most Michigan families pay far less than the $58,072 out-of-state sticker price suggests. Students from families earning under $30,000 pay just $4,926 net annually, while those from $110,000+ households face $26,787 yearly. The median net price sits at $14,832, bringing four-year costs to roughly $59,328 for typical families. Only 21% of students take federal loans, graduating with a median debt of $19,500.
That debt translates to $207 monthly payments, manageable against median earnings of $83,648 ten years post-graduation. The 79% loan repayment rate reflects Michigan's strong employment outcomes, with 94% of graduates finding work. In-state students get the premium deal here. They access the same strong research university and Big Ten experience that attracts students nationwide, but pay $17,228 tuition instead of nearly $60,000. Michigan residents get Ivy-caliber education at state school prices.
That debt translates to $207 monthly payments, manageable against median earnings of $83,648 ten years post-graduation. The 79% loan repayment rate reflects Michigan's strong employment outcomes, with 94% of graduates finding work. In-state students get the premium deal here. They access the same strong research university and Big Ten experience that attracts students nationwide, but pay $17,228 tuition instead of nearly $60,000. Michigan residents get Ivy-caliber education at state school prices.
Official Net Price Calculator
Get a personalized cost estimate from University of Michigan-Ann Arbor:
Visit Official Net Price CalculatorThis links to the school's federally-required net price calculator for a personalized estimate.