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Tuition & Financial Aid

Gain a better understanding of what it costs to attend U-M (hint: it's more affordable than you might think). Review tuition and other associated student costs, along with information about financial aid.

$31.4M

in financial aid to Ross BBA students 
(2022-2023)

1,280

BBA students received financial aid
(2022-2023)

Tuition

 Michigan ResidentsNon-Michigan Residents/International
Lower Division Tuition
(0-54 credits towards program)
$17,926$58,718
Upper Division Tuition
(55+ credits towards program)
$22,676$65,732

The 2023-2024 tuition rates were approved by the University of Michigan Board of Regents in June 2023. 2024-2025 tuition rates will be posted in July 2024. All tuition rates are subject to Regents’ approval and change.


Fees

Mandatory fees: $166.19  (per full term for full-time enrolled students)

International Student Services Fee: $500 per term enrolled for students studying under F or J visa status


Cost of Attendance Guidance

Estimated costs for financial aid purposes (Fall 2023 - Winter 2024).

Books & Supplies: $1,126

Food and Housing: $14,460

Personal Expenses (including health insurance): $2,572

Loan Fees: $64

The cost of attendance budget was finalized by the University of Michigan Regents in June 2023. The estimated 2024-2025 cost of attendance budget will be posted in July 2024. Actual credits taken will vary by semester.


Tuition Dates & Deadlines

TERM TUITION DUE DATES

Fall 2023: August 31, 2023 

Winter 2024: January 31, 2024

Due dates are subject to change - see finance.umich.edu/finops/student/billing

Bills are sent approximately two weeks prior to the due date. You must be enrolled in a term to be billed for tuition and fees.

The Ross School of Business Office of Financial Aid is a satellite office of the central University of Michigan Office of Financial Aid. The office assists with all aspects of financial aid, from initial application to entering loan repayment. 

Scholarships & Support

A world-class education should be accessible and affordable. That's why we're committed to offering a wide variety of scholarships and aid packages to support your cost of attendance. Learn more about all of the ways we help students fund their education.    

Affording Your BBA

Learn more about Michigan Ross programs, updates, and events.
Learn more about Michigan Ross programs, updates, and events.

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