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University of Michigan: What It Really Costs

Ann Arbor, MI · Public · 34,177 students

Sticker Price (Full Cost of Attendance)
$34,654
Average Net Price (After Aid)
$13,138

Net price by household income

This is what students actually paid after grants and scholarships, broken out by family income — sourced directly from University of Michigan's official reporting to the U.S. Department of Education, not a marketing estimate.

Under $30K household income$1,043
$30K–$48K household income$1,878
$48K–$75K household income$4,895
$75K–$110K household income$10,869
Over $110K household income$26,517

Outcomes at a glance

Admission Rate
16%
Completion Rate
93%
Median Earnings, 10yrs Out
$83,648
Median Debt at Graduation
$19,500
Pell Grant Recipients
18%
Get a personalized estimate

These are averages across all students. For a number based on your specific family finances, use our full cost calculator — and if you're comparing this offer against another school or dealing with a change in circumstances, our appeal letter generator can help you ask for more.

Source: U.S. Department of Education College Scorecard. Figures reflect the most recent year reported and update as new federal data is released. This page is independent editorial content — CollegeCostTruth accepts no sponsored placements or affiliate commissions from colleges or lenders.