Financial Aid At University of Michigan-Ann Arbor

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At University of Michigan-Ann Arbor, 15,229 undergraduate students (51% of total 28,983 students) have received financial aid including grants, scholarships, and/or federal student loans. The average amount of aid received is $19,728.
Financial Aid Statistics (All Undergraduate Students) at University of Michigan-Ann Arbor
Type of AidNumber Receiving AidPercent Receiving Aid Total Amount of Aid ReceivedAverage Amount of Aid Received
Grant or Scholarship15,22951% $300,444,294$19,728
Pell Grants4,84916% $23,106,514$4,765
Federal Student Loan8,93330% $58,361,135$6,533

Beginning Undergraduate Students (Freshmen) Financial Aid

4,324 beginning undergraduate students (63% of total 6,675 enrolled freshmen) have received financial aid including grants, scholarships, and/or federal student loans. at University of Michigan-Ann Arbor. The average amount of aid received is $19,323.
Financial Aid Statistics (First-time Full-time Beginning Undergraduate Students) at University of Michigan-Ann Arbor
Type of AidNumber Receiving AidPercent Receiving Aid Total Amount of Aid ReceivedAverage Amount of Aid Received
Any Financial Aid4,32463% --
Grants or Scholarships3,42650%$66,200,555$19,323
Federal Grants1,05515%$5,606,802$5,315
Pell Grants1,03315%$5,020,728$4,860
Other Federal Grants3165%$586,074$1,855
State/Local Grants84412%$901,226$1,068
Institutional Grants3,34349%$59,692,527$17,856
Student Loan Aid2,15332%$15,283,912$7,099
Federal Student Loans2,11831%$11,315,033$5,342
Other Student Loans2093%$3,968,879$18,990

Grants and Scholarship Aid By Income Level (Paying In-State Tuition)

Next table shows number of students awarded and average grants/scholarship aid amount by income level for academic year 2015-2016 at University of Michigan-Ann Arbor. The sources of grants and scholarship aid are the federal government, state/local government, or the institution (University of Michigan-Ann Arbor. For this statistics, Only students who paying the in-state or in-district tuition rate are considered.
Grants of Scholarship Aid Statistics By Income Level at University of Michigan-Ann Arbor
Income LevelNumber of StudentsNumber of Students AwardedTotal Amount Aid Awarded Average Amount Aid Awarded
All level1,6061,373$22,149,365$13,792
0-30,000319318$8,103,407$25,403
30,001-48,000190190$4,384,704$23,077
48,001-75,000231230$4,332,795$18,757
75,001-110,000297283$3,251,236$10,947
110,001 or more569352$2,077,223$3,651



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