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.

$684.8M

U-M scholarships & fellowships
(2019-2020)

2of3

U-M first-year students receive financial aid.

Tuition

  Michigan Residents Non-Michigan Residents
Lower Division Tuition
(0-54 credits towards program)
$16,818 $53,800
Upper Division Tuition
(55+ credits towards program)
$21,278 $60,230

The 2021-2022 tuition rates were approved by the University of Michigan Board of Regents in June 2021. 2022-2023 tuition rates will be posted in July 2022. All tuition rates are subject to Regents’ approval and change.


Fees

Mandatory fees: $164  (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 2021 - Winter 2022).

Books & Supplies: $1,048

Food and Housing: $12,592

Personal Expenses (including health insurance): $2,390

Loan Fees: $64

The cost of attendance budget was finalized by the University of Michigan Regents in June 2021. The estimated 2022-2023 cost of attendance budget will be posted in July 2022. Actual credits taken will vary by semester.


Tuition Dates & Deadlines

TERM TUITION DUE DATES

Fall 2021: August 31, 2021

Winter 2022: January 5, 2022

 

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.
Connect With Us
Take the Next Step

Sign up for Ross Email

Page 1














Page 2









The information requested below is optional and will not be used for admissions purposes. It will be used to satisfy federal reporting requirements and may be used for other purposes allowed by law.





 
By completing this form, I consent to Michigan Ross contacting me by email, telephone and/or SMS at the my telephone number (if provided above) regarding educational services. I understand this consent is not required to attend Michigan Ross. My information will be kept confidential and I can opt-out at any time.