University of Michigan-Ann Arbor

Average Grant & Scholarships

In 2022, 59 of freshman students at University of Michigan-Ann Arbor received on average $16,326 in grant and scholarships from the college, the state and/or the federal government. Below is detail stats of the aid provided to full-time, freshman students.

$16,326

	Students Receiving Aid		Average Amount	Total Amount
Pell Grant	1,082	16%	$5,347	$5,784,998
Other Federal Grant	2,021	30%	$4,664	$9,425,111
State Grant/Scholarships	756	11%	$1,030	$778,541
Institutional Grant/Scholarships	3,566	52%	$15,721	$56,062,803
Total Grant & Scholarships	4,059	59%	$16,326	$66,266,455

Average Student Loans

In 2022, 24% of freshman students at University of Michigan-Ann Arbor received $5,311 (average) in federal student loan. Below is detail stats of all the loans provided to full-time, freshman students.

$5,311

	Students Receiving Loan		Average Amount	Total Amount
Federal Student Loans	1,638	24%	$5,311	$8,699,675
Private Loans	221	3%	$21,796	$4,816,895
Total Loans	1,691	25%	$7,993	$13,516,570

Financial Aid By Income Level

Financial aid breakdown by students family income level. The data is organized by income level group starting from families making below $30k to above $110k.

Financial Aid by Income Level - University of Michigan-Ann Arbor - Family Income: $30,001 to $48,000 - Trends Chart

Financial Aid by Income Level - University of Michigan-Ann Arbor - Family Income: $48,001 to $75,000 - Trends Chart

Financial Aid by Income Level - University of Michigan-Ann Arbor - Family Income: $75,001 to $110,000 - Trends Chart

Financial Aid by Income Level - University of Michigan-Ann Arbor - Family Income: over $110,000 - Trends Chart

Yellow Ribbon Program

Yellow Ribbon Program is a voluntary program through which participating public and private institutions can provide veterans and eligible beneficiaries additional institutional aid to cover the costs of tuition and fees at their institutions. The Yellow Ribbon Program is a supplementary program to the Post 9/11 GI Bill coverage of in-state tuition and fees. The Department of Veterans Affairs matches the institutional aid provided beyond the in-state tuition and fees, but to certain limit each year.

$2,919

Average aid amount

2022

University of Michigan-Ann Arbor - Yellow Ribbon Financial Aid - Trends Chart

Post-9/11 GI Bill

Post 9/11 GI Bill is a federal education benefit program for veterans, who served on active duty after September 10, 2001. This Department of Veteran Affairs benefit provides up to 36 months of education benefits at an approved institution for the following college costs: tuition and fees, books and supplies and housing. The tuition and fees payment, which is the cost for an in-state student attending a public institution, is made directly to the post-secondary institution whereas payments for books and supplies and housing are sent directly to the student.

$26,185

Average aid amount

2022

University of Michigan-Ann Arbor - Post 9/11 GI Bill Financial Aid - Trends Chart

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