Hey everyone! I was just wondering, what's the current yearly tuition for the University of Michigan? I know it might vary depending on factors like in-state vs. out-of-state, but I'm just looking for a ballpark estimate so I can start budgeting. Thanks in advance!
Hello! You're right that tuition at the University of Michigan varies depending on your residency status. Here's a general breakdown of the estimated yearly tuition for the 2024-2025 academic year:
- In-state students: Approximately $19,000
- Out-of-state students: Approximately $58,000
Please note that these figures are for tuition only and do not include additional costs like housing, meal plans, textbooks, and other fees. The total estimated cost of attendance, including these additional expenses, can be around $32,000 for in-state students and around $70,000 for out-of-state students.
Keep in mind that these figures might change, so it's always a good idea to double-check the University of Michigan's official website for the most up-to-date information on tuition and fees. Additionally, you should look into financial aid opportunities by filing the FAFSA and exploring scholarships, which might significantly reduce your out-of-pocket costs. Good luck with your planning!
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