Once you factor in generous aid packages (two out of three first-year students receive financial aid), U-M is one of the most affordable public colleges in the nation. Our students represent a wide range of income levels — showing our commitment to making higher education accessible and affordable.
Learn more about the specific scholarship opportunities available to eligible in-state students.
The Go Blue Guarantee is automatically awarded to Michigan residents who meet specific financial requirements. Qualified in-state students pursuing undergraduate study through the Ann Arbor campus can receive up to four years of tuition support.
This donor-funded initiative offers substantial financial support (up to full tuition) to students from Michigan's Upper Peninsula. Scholars also receive access to peer mentorship, workshops, and leadership development.
Students in select northern Michigan counties automatically receive a one-time $2,500 scholarship upon enrollment as a first-year student.
We encourage you to reach out directly to U-M's Central Financial Aid Office if you'd like to learn more about the cost of attendance and financial aid opportunities for out-of-state students.
Out-of-state students may be eligible for various scholarship opportunities. For example, Michigan Ross offers scholarships for out-of-state students that can reach up to $25,000. Please contact the Ross Financial Aid Office at rossfinaid@umich.edu for additional information.
Check out U-M's Net Price Calculator to estimate your eligibility for financial aid and out-of-pocket expenses as a full-time student.
Students who meet certain need-based criteria may be eligible for tuition support through a federal Pell Grant. In 2018-19, 23% of U-M in-state undergraduates received Pell Grants. Learn more about Pell Grants on the U-M grants web page.
December 15 - Suggested Filing Date
March 31 - Deadline
Financial aid comes in the form of grants and scholarships that are not repaid, loans that must be repaid, or federal work-study funding, which allows you to earn a paycheck while attending college.
If you think you will need financial help to attend the University of Michigan, we encourage you to apply for financial aid by completing a Free Application for Federal Student Aid (FAFSA) and CSS Financial Aid Profile, these applications are used to consider the student for all need-based federal and institutional aid, such as the Go Blue Guarantee. Visit the University of Michigan Office of Financial Aid for more details and steps on how to apply.
All incoming BBA students are automatically considered for scholarships — there is no separate scholarship application.
Ross scholarship selections are based on criteria set by our donors. The average scholarship is around $7,000, with common award amounts ranging between $7,500 to $15,000. Many scholarships are need-based, so we highly encourage eligible students to complete the Free Application for Federal Student Aid (FAFSA), prior to the university’s suggested filing date of December 15 but no later than the deadline of March 31.
The Ross Financial Aid office posts scholarship opportunities throughout the year.
For additional information or questions regarding BBA scholarships, please contact the Ross Financial Aid Office at rossfinaid@umich.edu.
The LEAD Scholars Program supports accepted students who embody leadership, excellence, and achievement. The program, run by the Alumni Association, strives to increase diversity and help the best and brightest make their way to U-M.
Get to know more about Michigan Ross through one of our outreach initiatives for pre-college students. Eligible students may receive needs-based funding that covers the cost of participation.
This three-day event is geared toward, but not limited to, rising high school juniors and seniors from historically underrepresented groups, including first-generation college students, limited-income families, and certain geographic regions. This event is free for all selected to attend.
Explore how companies run, understand how leaders solve problems, and experience what it’s like to be a business student at Ross. The Summer Business Academy provides a number of full and partial need-based scholarships for students accepted to the program.
Our graduates go on to land jobs at some of the world's most profitable, well-known companies with the help of top-ranked programming, unparalleled career development, and 630,000+ supportive U-M alumni around the world who are ready to connect.
