by our College Data Analytics TeamMany students will never be charged the full, advertised sticker price of a school. Instead, they will be given a financial aid offer that will include a combination of scholarships, grants, loans, and work-study. The price tag of going to University of Michigan-Dearborn can appear overpowering, but remember that the majority of students obtain some kind of financial assistance.
What financing options does UM Dearborn offer, and what will you qualify for? Keep scrolling for more information. Keep going to see how much school funding could be available to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. Use the information below to understand how much financial assistance you may get from University of Michigan-Dearborn.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
At University of Michigan-Dearborn, 99% of entering full-time freshmen got some type of financial assistance roughly 1135 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 99% | $12,124 |
| Institutional grants & scholarships | 99% | $6,243 |
| Federal Pell grants | 51% | $6,768 |
| State/local grants | 62% | $3,600 |
| Federal student loans | 24% | $4,936 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. At UM Dearborn, about 80% of undergraduate students received gift aid averaging $10,226 (among about 4836 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 80% | $10,226 |
| Federal Pell grants | 46% | $6,267 |
| Federal student loans | 36% | $6,826 |
Title-IV recipients living on campus saw average grant aid of $14,548.
How much a family pays depends heavily on income, because most aid is awarded on the basis of financial need.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $8,159 |
| $30,001 – $75,000 | $8,809 |
| Over $75,000 | $17,931 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
Net price is the cost remaining after grant and scholarship aid is subtracted from the sticker price, and it is the most useful single number for estimating real cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $9,492 |
| Off-campus title-IV students | $10,904 |
To project your own net price, use UM Dearborn’s net price calculator: umdearborn.edu/students/financial-aid/calculators/net-price-calculator.
The median student at UM Dearborn graduates with $17,000 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $17,000 |
| Median federal debt (graduates only) | $22,500 |
| Typical 10-year monthly payment (graduates) | $238.54/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
The numbers below show the full range, not just the middle of the distribution. These percentiles trace how cumulative federal debt is spread among borrowers at UM Dearborn.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,500 |
| 25th percentile | $7,500 |
| 75th percentile | $30,287 |
| 90th percentile (highest-debt students) | $40,800 |
Median debt varies by family income, by first-generation status, and by dependency status.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $17,250 |
| Middle income | $16,750 |
| High income | $16,725 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $17,250 |
| Continuing-generation students | $16,180 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $15,000 |
| Independent students | $23,087 |
These indicators are derived from the underlying debt data and summarize the overall picture at UM Dearborn.
Stafford loans are the federal government’s primary direct undergraduate lending program. The totals below capture Stafford lending at UM Dearborn:
| Metric | Value |
|---|---|
| Stafford loan recipients | 22614 |
| Total Stafford loan amount | $528,667,551 |
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 74 |
| Total GI Bill amount | $886,734 |
| Average GI Bill amount per recipient | $11,983 |
DoD Tuition Assistance activity
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 2 |
| Total DoD amount | $6,000 |
| Average DoD amount per recipient | $3,000 |
References
More about our data sources and methodologies.