College Factual  by our College Data Analytics Team
       Unbiased Factual Guarantee

Is U-M a Good School for the Money?

Below Average National Value
Unknown In-State Value
$217,206 Avg Total Cost

University of Michigan - Ann Arbor Value Report

College Factual's Best for the Money Rankings compare the quality of an U-M degree with its cost to determine if the school is asking a fair price. Read the U-M annual value report below.

Below Average Value Nationwide

Below Average National Value
Top 5% National Quality
Expensive Price

University of Michigan - Ann Arbor is ranked #2,072 out of 2,223 for value nationwide.

Based on our analysis of other colleges at similar price points, we believe University of Michigan - Ann Arbor is overpriced for the quality education it provides. (This takes into account average financial aid and may not apply to you if you have further scholarships, grant or aid provided to you.)

National Value Ranking  2072 out of 2223
Great Value
National Value Score  7.54 out of 100
Great Value

Prices of Institutions with Similar Quality Scores

SchoolTotal PriceValue Grade

*Total price is determined by multiplying average annual cost by time to graduate.

Bottom Line: You'll Spend an Estimated $217,206 For That Piece of Paper

On average, a bachelor's degree from U-M will cost you about $217,206. This is based on an average price (with and without aid) of $52,213 and a typical 4.16 years to graduate.

Average Yearly Cost$52,213
Average Years to Graduate4.16
Estimated Avg Total Cost of Degree$217,206

Many Factors Affect Net Price

There are many ways you can lower the cost of a college education. Consider taking advantage of in-state tuition, or shortening the length of your degree by taking summer classes. Learn more about U-M cost for other factors that may affect net price such as the financial aid you qualify for that is largely based on your family's income.

Does This School Make Financial Sense To You?

$47,050 In-State With Aid
$263,012 Avg Cost No Aid
4.16 Years to Graduate

The overall price of a college can vary depending on your individual circumstances.

Look at the table below to get a sense of how U-M value for your educational dollar might vary.

Nationwide Value by Aid GroupAvg Degree CostValue RankValue Grade
Students with no Aid$263,012#0F
All Students$217,206#2,072F
Only Students Receiving Aid$174,928#78A+
In-State Value by Aid GroupAvg Degree CostValue RankValue Grade
Students with no Aid$135,133#F
All Students$89,332#F
Only Students Receiving Aid$47,050#F

Note: the Value Grade for in-state students is calculated by looking only at other schools in the state of Michigan.

About 66% of U-M students receive financial aid. Get more details on what U-M financial aid you may qualify for.

How to Finance The Gap

How to Calculate Value

College Factual calculates value by calculating average U-M cost multiplied by time to graduate, and then compares that number to other schools of a similar quality ranking. If the school is priced fairly based on the educational quality it receives a fair ranking. If it is underpriced it receives a good or excellent value.

Read the full Best for the Money Ranking Methodology.


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