Family Profiles

How much will it really cost to attend U-M? While we can provide general numbers and averages, these profiles reflecting the total costs for the 2019-20 school year illustrate how every family situation is unique when considering financial aid.
The U-M Net Price Calculator offers an individualized estimate of your financial aid.
This junior is first-gen and his parents are disabled. He is studying bioscience in LSA.
Hometown: Detroit
Household Size: 6
Income: $15,696
Savings/Assets: $0
Financial Aid
Federal Pell Grant: $ 6,345
HAIL Scholarship: $17,948
Univ. of Mi Grant: $1,612
M-Pact Grant: $5,079
Federal Work-Study: $2,500
Total Aid: $33,484
This sophomore has not declared her major within LSA. Her mother is self-employed as an artist and her father works for an engineering firm.
Hometown: St. Joseph
Household Size: 4
Income: $90,680
Savings/Assets: $60,200
Financial Aid
Private Scholarship: $3,000
Univ. of Mi Grant: $12,301
Federal Work-Study: $2,579
Federal Direct Loan*: $6,500
Total Aid: $24,380
* Loan assists with Expected Family Contribution
This is an entering nursing student from a single parent household. He lives with his father and his mother is deceased.
Hometown: Ann Arbor
Household Size: 2
Income: $52,583
Savings/Assets: $15,092
Financial Aid
University of Michigan Grant: $15,950
Federal Work-Study: $3,000
Federal Direct Loan: $2,977
Total Aid: $21,927
This junior in the College of Engineering is studying civil engineering. Her younger brother also started college this year.
Hometown: Lansing
Household Size: 4
Income: $123,860
Savings/Assets: $55,000
Financial Aid
University of Michigan Grant: $16,297
Federal Work-Study: $3,000
Federal Direct Loan: $7,500
Institutional Loan: $1,070
Total Aid: $ 27,867
This LSA sophomore is undeclared, but focusing on psychology. His older brother is also in college.
Hometown: Lansing
Household Size: 6
Income: $160,398
Savings/Assets: $0
Financial Aid
University of Michigan Grant: $8,557
Federal Work-Study: $3,000
Federal Direct Loan: $3,599
Total Aid: $15,156