Tuition for Michigan residents attending the University of Michigan-Ann Arbor rose by 3.4% during the 2022-23 school year, as revealed in the most recent report, according to the latest disclosure from the National Center for Education Statistics.
This year, in-state students paid $16,736 to attend the public university, an increase of $558 from the $16,178 charged in the 2021-22 academic year.
Non-resident tuition for 2022-23 was $55,334, which is 230.6% higher than the in-state rate. This represents a 3.9% increase from $53,232 in the previous year.
Michigan residents make up approximately 51% of the university’s undergraduate enrollment. Students from other U.S. states account for about 44%, while international students represent around 4%.
Among full-time undergraduates who began studies in 2022-23, 66% received some form of financial aid. A total of 3,850 students were awarded grants or scholarships amounting to $84.7 million, while 1,687 students borrowed over $16.6 million in student loans.
Across the entire undergraduate population, 16,842 students benefited from grants or scholarships totaling $413.4 million. Additionally, 6,870 students obtained $39.1 million in federal student loans.
Undergraduate education costs have seen a significant increase over the past few decades. Data shows a 169% rise in the average total cost, including tuition, fees, room, and board, between 1980 and 2020.
According to a 2023 College Board report, in-state students at public universities paid an average of $11,260, while out-of-state students paid $29,150 in the 2023-24 academic year.
Meanwhile, student loan debt has steadily increased over the last 30 years, reaching $1.75 trillion in 2024, averaging a total of $28,950 per borrower. Federal loans make up 92% of the debt, with over half of students at both public and private four-year colleges graduating with student loans.
Available data sometimes exceeds 100% due to rounding and administrative calculations.
The following data includes only full-time students who began an undergraduate program at the the University of Michigan-Ann Arbor in the 2022-23 school year.
| Type of Aid | Number of students awarded aid | Percent awarded aid | Total amount of aid awarded | Average amount of aid per student |
|---|---|---|---|---|
| Federal grants | 1,269 | 18% | $8.1 million | $6,418 |
| State / local grant or scholarship | 683 | 10% | $1 million | $1,513 |
| Institutional grants or scholarships | 3,768 | 54% | $75.5 million | $20,048 |
| Grant or scholarship aid total | 3,850 | 55% | $84.7 million | $22,005 |
| Federal student loans | 1,602 | 23% | $8 million | $4,988 |
| Other student loans | 325 | 5% | $8.6 million | $26,357 |
| Student loan aid | 1,687 | 24% | $16.6 million | $9,814 |
| Total student aid | 4,660 | 66% | $101.3 million | $21,732 |
Information in this story was obtained from the National Center for Education Statistics. The source data can be found here.
