What is the yearly tuition at the University of Michigan? I know there can be differences for in-state and out-of-state students, so could you guys provide both? Also, what other fees should I expect aside from tuition?
The yearly tuition at the University of Michigan varies depending on whether you are an in-state or out-of-state student. As of the 2023-2024 academic year, the approximate tuition rates are as follows:
- In-state students: $17,228 per year
- Out-of-state students: $58,052 per year
It's important to note that these figures are for tuition only and don't include other fees and expenses. In addition to tuition, you should expect the following fees and costs:
1. University fees: Each student pays mandatory university fees, which may include technology fees, facility fees, and registration fees. These can range from $1,000 to $2,000 per year, depending on your program and college.
2. Housing: Living on-campus in a residence hall typically costs between $10,000 and $14,000 per year, including meal plan options. Off-campus housing costs may vary depending on location, and you would need to consider utilities, groceries, and transportation costs.
3. Books and supplies: The average cost of books and supplies is estimated to be around $1,000 to $1,500 per year, depending on the courses you are taking.
4. Personal and miscellaneous expenses: This category can include things like laundry, clothing, entertainment, and other personal items. Students' expenses can widely vary but could range from $2,000 to $5,000 per year.
Remember that financial aid and scholarships can help offset these costs. Be sure to fill out the FAFSA and research available scholarships, both through the university and external sources. Additionally, you can use the University of Michigan's Net Price Calculator to get an estimate of the total cost of attendance and financial aid available to you based on your unique situation.
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