What to Know About Tuition & Fees
Get a good understanding of the tuition charges associated with University of Michigan - Ann Arbor so that you can plan successfully for your college years. Check out the figures below to understand how University of Michigan - Ann Arbor's cost compares to other colleges and if you should plan for tuition increases.
Tuition & Fees Evaluation
For nationwide, regional and statewide comparisons, look at the table below to see how U of Michigan measures up to other schools.
|Tuition and Fees||Expensive||Expensive||Expensive|
|In-State Tuition and Fees||Average||Average||Average|
Discounted Tuition Available for In-State Students
U of Michigan tuition and fees is lowered dramatically for residents of Michigan. For in-state students, tuition and fees is set at $15,761 for the 2017 - 2018 year, 67.9% off the price charged to out-of-state students. Tuition is $15,433 and fees $328.
U of Michigan out-of-state students paid $49,142 in fees and tuition in 2017 - 2018. $328 was charged for fees, and $48,814 was charged for tuition.
The following table outlines the costs defined above for the 2017 - 2018 academic year.
Check out the Cost Per Credit Hour page for more info.
Tuition and Fees Projection
University of Michigan - Ann Arbor tuition and fees for out-of-state students grew with an average yearly rate of 3.8% over the past 5 years. In the same time period, tuition grew by 3.8% and fees grew by 0.0%. Due to this, we estimate the cost of tuition and fees this year will total $50,985.
For a two-year degree, we estimate tuition and fees will be $103,882 and for a four year degree to be $215,700. This does not cover additional charges including room and board, books, and transportation.
The following chart shows projected future fees and tuition which includes residency based discounts for undergraduates at U of Michigan.
Due to inflation and other variables, the price of college tends to grow every year. For this reason your final year of college could be much more expensive than your initial year.
Find some answers to the most frequently asked finance questions on college.