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.
U-M scholarships & fellowships
(2019-2020)
U-M first-year students receive financial aid.
Tuition
| Michigan Residents | Non-Michigan Residents/International | |
|---|---|---|
| Lower Division Tuition (0-54 credits towards program) |
$17,404 | $55,934 |
| Upper Division Tuition (55+ credits towards program) |
$22,018 | $62,618 |
The 2022-2023 tuition rates were approved by the University of Michigan Board of Regents in June 2022. 2023-2024 tuition rates will be posted in July 2023. 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 2021 - Winter 2022).
Books & Supplies: $1,092
Food and Housing: $13,170
Personal Expenses (including health insurance): $2,494
Loan Fees: $64
The cost of attendance budget was finalized by the University of Michigan Regents in June 2022. The estimated 2023-2024 cost of attendance budget will be posted in July 2023. Actual credits taken will vary by semester.
Tuition Dates & Deadlines
TERM TUITION DUE DATES
Fall 2022: August 31, 2022
Winter 2023: January 4, 2023
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.
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.
