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 2021-22 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 entering student has not yet declared a major in LSA. The student is the first child in the family to attend college.
Lives in: Oakland County, MI
Household Size: 4
Income: $43,000
Savings/Assets: $0
Financial Aid
Merit Scholarship: $1,500
Federal Pell Grant: $6,145
HAIL Scholarship: $16,178
Univ. of Mi Grant: $1,748
Federal Work-Study: $3,100
Federal Direct Subsidized Loan: $3,313
Federal Direct Unsubsidized Loan*: $288
Total Aid: $32,272
* Loan assists with Expected Family Contribution
This sophomore student is enrolled in the School of Music, Theater and Dance. The student lives with their mother and two younger siblings.
Lives in: Southwestern MI
Household Size: 4
Income: $52,000
Savings/Assets: $49,000
Financial Aid
Merit Scholarship #1: $5,500
Merit Scholarship #2: $8,000
University of Michigan Grant: $11,109
Federal Direct Unsubsidized Loan*: $5,500
Total Aid: $30,190
* Loan assists with Expected Family Contribution
This sophomore transfer student is studying Engineering.
Lives in: thumb area of Michigan
Household Size: 3
Income: $51,652
Savings/Assets: $200
Financial Aid
Go Blue Grant: $17,296
University of Michigan Grant: $3,446
Federal Work-Study: $3,100
Federal Direct Subsidized Loan: $3,901
Federal Direct Unsubsidized Loan*: $2,599
Total Aid: $30,342
* Loan assists with Expected Family Contribution
This senior student is enrolled with the School of Information.
Lives in: Upper Peninsula
Household Size: 4
Income: $128,023
Savings/Assets: $59,000
Financial Aid
University of Michigan Grant: $9,233
Federal Work-Study: $3,100
Federal Direct Subsidized Loan: $5,500
Federal Direct Unsubsidized Loan*: $2,000
Total Aid: $19,833
* Loan assists with Expected Family Contribution
This senior student is pursuing a bachelor’s degree in Chemistry and has two younger siblings.
Lives in: Northern Michigan
Household Size: 5
Income: $114,297
Savings/Assets: $0
Financial Aid
University of Michigan Grant: $9,168
Federal Work-Study: $3,100
Federal Direct Subsidized Loan: $4,812
Federal Direct Unsubsidized Loan*: $2,688
Private Educational Alternative Loan*: $14,534
Total Aid: $19,768
* The Private Educational Alternative Loan is not included in the aid package total, but does contribute to covering the total cost