All Undergraduate Financial Aid

At University of Michigan-Ann Arbor, 22,636 undergraduate students (70% of total 32,282 students) have received financial aid including grants, scholarships, and/or federal student loans. The average amount of aid received is $16,599.
Financial Aid Statistics (All Undergraduate Students) - UM-Ann Arbor
Type of AidNumber Receiving AidPercent Receiving Aid Total Amount of Aid ReceivedAverage Amount of Aid Received
Grant or Scholarship22,63670% $375,725,800$16,599
Pell Grants5,69718% $29,653,790$5,205
Federal Student Loan8,28826% $52,710,041$6,360

Beginning Undergraduate Students (Freshmen) Financial Aid

5,380 beginning undergraduate students (74% of total 7,251 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 $15,121.
Financial Aid Statistics (First-time Full-time Beginning Undergraduate Students) - UM-Ann Arbor
Type of AidNumber Receiving AidPercent Receiving Aid Total Amount of Aid ReceivedAverage Amount of Aid Received
Any Financial Aid5,38074% --
Grants or Scholarships4,82467%$72,944,751$15,121
Federal Grants3,34646%$12,303,940$3,677
Pell Grants1,18916%$6,376,152$5,363
Other Federal Grants3,03642%$5,927,788$1,952
State/Local Grants6259%$627,008$1,003
Institutional Grants3,49248%$60,013,803$17,186
Student Loan Aid1,79325%$15,185,923$8,470
Federal Student Loans1,74524%$9,227,518$5,288
Other Student Loans2533%$5,958,405$23,551

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

The next table shows the number of students awarded and the average grants/scholarship aid amount by income level for the academic year 2021-2022 at University of Michigan-Ann Arbor. The sources of grants and scholarship aid are the federal government, state/local government, or the institution. For the statistics, only students who paid the in-state or in-district tuition rate are considered.
Grants of Scholarship Aid Statistics By Income Level
Income LevelNumber of StudentsNumber of Students AwardedTotal Amount Aid Awarded Average Amount Aid Awarded
All level1,5151,286$23,250,538$15,347
0-30,000284284$7,504,926$26,426
30,001-48,000216214$5,348,883$24,763
48,001-75,000242241$4,965,471$20,518
75,001-110,000204192$2,911,902$14,274
110,001 or more569355$2,519,356$4,428
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