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.


U-M scholarships & fellowships


U-M first-year students receive financial aid.


  Michigan Residents Non-Michigan Residents
Lower Division Tuition
(0-54 credits towards program)
$16,474 $52,718
Upper Division Tuition
(55+ credits towards program)
$20,870 $59,032

The 2020 - 2021 tuition rates were approved by the University of Michigan Board of Regents in June 2020. 2021 - 2022 tuition rates will be posted in July 2021. All tuition rates are subject to Regents’ approval and change.
Dual-degree programs may take longer and are likely to impact tuition and other fees.


Mandatory fees: $214  (per full semester for full-time enrolled students)

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

Cost of Attendance Guidance

Estimated costs for financial aid purposes (Fall 2020 - Winter 2021).

Books & Supplies: $1,048

Food and Housing: $12,034

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 2020. The estimated 2021 - 2022 cost of attendance budget will be posted in July 2021. Actual credits taken will vary by semester.

Tuition Dates & Deadlines


Fall 2020: August 31, 2020

Winter 2021: January 19, 2021*

Spring, Spring/Summer 2021: April 30, 2021

Summer 2021:  June 30, 2021

Fall 2020: August 31, 2021

*Winter 2021 due date may be subject to change - see

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

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