by our College Data Analytics TeamSee current and projected in-state and out-of-state tuition and fees for University of Michigan - Ann Arbor, and how those expenses constrast to nationwide and regional averages. If you're looking for specific information on U-M costs, you can go to any of the following sections:
In 2020-2021, the average out-of-state tuition and fees at University of Michigan - Ann Arbor ran about $55,097 per year for students working on an undergraduate degree. Those who hail from the state of Michigan get a discount and only needed to pay $17,193 per year.Tuition Fees Total Out-of-State $54,769 $328 $55,097 In-State $16,865 $328 $17,193
These tuition and fees costs include one year of academic instruction, but do not cover room and board.
Remeber that many students qualify for scholarships and financial aid that will lower the amount they have to pay.
How much does University of Michigan - Ann Arbor cost for part-time students?
Go to the Cost Per Credit Hour page for details.
Nationwide, out-of-state students pay, on average, $19,933 per year in tuition and fees to attend college. University of Michigan - Ann Arbor is fairly expensive when compared to other schools across the United States. It's yearly out-of-state tuition and fees costs for undergrads is $55,097.
Undergraduates who attend school in the same state they live in pay around $16,784 in yearly tuition and fees. U-M runs about average in terms of tuition and fees for in-state students. Its yearly costs are $17,193.
If you want to know how U-M compares to other schools in the nation, in the region, and in the state, see the chart below.Nationwide Great Lakes Michigan Out-of-State Tuition & Fees Expensive Expensive Expensive In-State Tuition & Fees Average Inexpensive Average
Note that a school may appear to be more expensive than another school when you look at tuition and fees alone, but it may actually be a better deal when you factor in financial aid packages. For more details on that, see: University of Michigan - Ann Arbor Financial Aid.
In-state U-M tuition and fees grew with an average annual rate of 1.96% over the past five years. Michigan residents may pay an estimated $16,819 this school year.
If in-state tuition and fees keeps growing at the same pace, the estimated cost for two years at U-M would be $33,969, and $69,284 for four years.
During the same time period, tuition and fees for out-of-state students have increased by 2.56%. Out-of-state students will be charged approximately $55,992 in this academic year if the costs keep going up at the same rate.
This means an estimated $113,417 for two years of out-of-state tuition and fees at U-M, and $232,715 for four years.
The following chart shows projected upcoming tuition and fees for undergraduates at U-M.
Take note of just how much the tuition and fees are increasing yearlyl. At a log of colleges students will end up paying more for their final year of school than they did for their first.
Discover answers to your finance concerns in the tuition & fees FAQ.