Financial Aid At University of Michigan-Ann Arbor
15,229 students (51% of total 29,821 undergraduate students) have awarded federal, state, local, institutional or other sources of grant aid at University of Michigan-Ann Arbor. The average amount of the aid awarded is $19,728. For the first-time, full-time beginning students (freshmen), 63% of total 6,815 enrolled students have received any kind of financial aid and its average amount of aid received is $19,323.
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 29,821 students) have received financial aid including grants, scholarships, and/or federal student loans. The average amount of aid received is $19,728.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received |
|---|---|---|---|---|
| Grant or Scholarship | 15,229 | 51% | $300,444,294 | $19,728 |
| Pell Grants | 4,849 | 16% | $23,106,514 | $4,765 |
| Federal Student Loan | 8,933 | 30% | $58,361,135 | $6,533 |
Beginning Undergraduate Students (Freshmen) Financial Aid
4,324 beginning undergraduate students (63% of total 6,815 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.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received |
|---|---|---|---|---|
| Any Financial Aid | 4,324 | 63% | - | - |
| Grants or Scholarships | 3,426 | 50% | $66,200,555 | $19,323 |
| Federal Grants | 1,055 | 15% | $5,606,802 | $5,315 |
| Pell Grants | 1,033 | 15% | $5,020,728 | $4,860 |
| Other Federal Grants | 316 | 5% | $586,074 | $1,855 |
| State/Local Grants | 844 | 12% | $901,226 | $1,068 |
| Institutional Grants | 3,343 | 49% | $59,692,527 | $17,856 |
| Student Loan Aid | 2,153 | 32% | $15,283,912 | $7,099 |
| Federal Student Loans | 2,118 | 31% | $11,315,033 | $5,342 |
| Other Student Loans | 209 | 3% | $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.
| Income Level | Number of Students | Number of Students Awarded | Total Amount Aid Awarded | Average Amount Aid Awarded |
|---|---|---|---|---|
| All level | 1,766 | 1,489 | $23,658,708 | $13,397 |
| 0-30,000 | 287 | 287 | $7,302,682 | $25,445 |
| 30,001-48,000 | 201 | 201 | $4,653,135 | $23,150 |
| 48,001-75,000 | 265 | 261 | $4,889,437 | $18,451 |
| 75,001-110,000 | 293 | 274 | $3,669,478 | $12,524 |
| 110,001 or more | 720 | 466 | $3,143,976 | $4,367 |
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Members In B1G
University of Michigan-Ann Arbor is a member of The Big Ten Conference (B1G). Check and Compare to other members.
