As a public institution, U-M maintains a strong commitment to our students from Michigan, 70 percent of whom receive some form of financial aid. This may be hard to believe, but because of the university’s commitment to financial aid, it costs less today to attend U-M than it did four years ago for most undergraduate, Michigan-resident students with financial need—and they have fewer loans.
Last year, U-M helped in-state students by packaging more than $100 million in grants and scholarships alone. None of that money has to be repaid.
U-M is the only public university in Michigan—and one of just a handful in the nation—to maintain a longstanding commitment to meet 100 percent of demonstrated financial need through financial aid.