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 U-M Financial Aid Facts

Information about U-M financial aid is available from a variety of sources within and outside of the university. Information about the current academic and financial aid year is compiled when all four terms of the academic year (Fall, Winter, Spring and Summer) are completed.

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TOTAL AID AWARDED IN 2013-2014

The Office of Financial Aid compiles information about the total amount of aid awarded and paid from federal, state, institutional, and departmental sources to freshmen, undergraduates, and graduate students. Data for 2013-2014 (the most recent year for which data is reported):

Total aid awarded: $903,444,510 to 32,133 students

  • to undergraduates: $351,152,594 to 18,631 students
  • to graduate students: $552,291,916 to 13,502students
TUITION, COSTS, AFFORDABILITY & FINANCIAL AID

• U-M'S COMMITMENT TO RESIDENT STUDENTS

The Office of the Vice President for Global Communications shares information about the University's commitment to meet 100 percent of demonstrated financial need for resident students. View this information online through the Office of Undergraduate Admissions.

• THE MICHIGAN ALMANAC (Office of Budget and Planning)

The U-M Office of Budget and Planning maintains The Michigan Almanac with up-to-date University data. Chapter 3 offers data about undergraduate costs and financial aid as well as affordability reports. 

 U-M COLLEGE PORTRAIT (U-M Office of the Provost)

The Office of the Provost maintains this overview of facts and figures about the university, which includes information about financial aid. Visit the main Provost's website and link to the current report under "Items of Interest."

 COST CUTTING & BUDGET UPDATE (Office of Public Affairs)

This page offers general budget information about the university and links to financial reports and other budget news. View a report to the U-M Regents about "Affordability and Value of a U-M Education." Also, the Office of the Vice President for Global Communications provides background about key issues of interest to the university community, the general public and the media including information about financial aid. See this Public Affairs page.

• UNDERSTANDING TUITION (Office of Public Affairs)

This answers variety of questions related to tuition, the university’s budget, and student financial aid. 

FEDERALLY REPORTED DATA ON FINANCIAL AID AT U-M

For the most recent published data on the distribution of financial aid to University of Michigan students, see the U.S. Dept. of Education's IPEDS Data Center.  To compare the University of Michigan with other colleges and universities, visit:

  • The College Navigator at the U.S. Department of Education’s Integrated Postsecondary Education Data System website
  • Our Compare Colleges page for other helpful links

 

 

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Office of Financial Aid * 2500 Student Activities Building, 515 E. Jefferson, Ann Arbor, MI 48109-1316 * Tel 734-763-6600 * Fax 734-647-3081 * financial.aid@umich.edu
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