Affordable Paths to Your Michigan Ross BBA: Strategies for Financing Your Education

When we started this blog, one of our motivations was to offer our prospective students and parents a realistic and authentic view into the entirety of the college application and admissions process. And that extends to the world of affordability and financial aid. The complex, fine-print-heavy world of financial aid.

The good news is that you don’t need to digest this all at once! Just chip away at it bit by bit and before you know it, you’ll have a better understanding of financial aid that can help you through the next several years.

At Michigan Ross, we strive to make education accessible and affordable for every student, no matter their economic situation. In fact, for Michigan residents, the Go Blue Guarantee provides up to four years of free tuition to in-state students with family incomes less than $125,000 and assets below $125,000; the Go Blue Guarantee also provides tuition support for families with incomes up to $180,000.

It’s always smart to weigh the cost of a BBA with your return on investment. Factoring in the long-term benefits—like increased earning potential and career trajectory opportunities—the degree becomes a strategic investment in your future. A Michigan Ross BBA can open doors to your dream job, connect you with a lifelong professional network, and position you to make a lasting impact in the business world.

Continue reading: Employment Data for BBA Graduates

Scholarships

To make things easier, all incoming BBA students are automatically considered for scholarships — there is no separate scholarship application necessary. And, two out of every three first-year U-M students receive some form of financial aid, and more than $755 million in scholarships are given out annually. Last year alone, 1,300 Ross BBA students were the recipients of scholarships or other financial assistance.

But, scholarships are just one piece of the giant puzzle. While there is no separate scholarship application required, the majority of Ross scholarships do consider need, so you should complete your FAFSA and CSS profiles as soon as possible to give us a more complete picture of your financial situation. The FAFSA and CSS profile become available in December and are due by the end of March.

Continue reading: Scholarships at U-M 

Other Financial Aid Resources

Beyond scholarships, there are a lot of resources available at the U-M Office of Financial Aid to help you understand exactly how the financial aid process works, what aid is available, how you qualify for it, how it’s distributed, and how you can make sure you continue to qualify during your time at Michigan.