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Tuition, Finances, and Support

2 out of 3 U-M students receive financial aid - including grants, loans, scholarships, and work-study awards.

Determining how you are going to pay for your college education is an important consideration for you and your family. The good news: the University of Michigan has many resources to help students and parents get financially prepared for college.

Get current budget and tuition information and learn about opportunities for financial aid by visiting U‑M’s Undergraduate Admissions Costs + Aid” and Office for Financial Aid sites for help with calculating costs, financial planning, and detailed information about applying for financial support.

Keep in mind:

FAFSA Information & Important Dates

To apply for federal student aid, students must complete the Free Application for Federal Student Aid (FAFSA) using U‑M’s federal code 002325. The FAFSA is expected to be available in December at no cost to students. You will be considered for Pell Grant, Federal Supplemental Opportunity Grant, and Federal Direct Loans as well as the Michigan Competitive Scholarship, Michigan Indian Tuition Waiver, and Work-Study.

If you wish to be considered for U‑M grants and merit scholarships that address need, as well as Stamps need-based scholarships, you should also complete the CSS Profile using U‑M’s CSS code 1839 to ensure that we receive your information. The CSS Profile is available on October 1 each year.

    All Stamps students are considered for merit-based scholarships at the time of application — there’s no extra” scholarship form to fill out. Our Undergraduate Handbook has more information about current student scholarship offerings that are available after your student completes their first year at Stamps.

    Learn more about U‑M Financial Aid for new undergraduates and transfer students.

    October

    Get started on your financial aid: the CSS Profile (school code 1839) is available on October 1.

    If you’re a transfer student applying to start in the Winter semester, October 1 is your application deadline. You should also submit the current FAFSA as soon as possible — ideally, by October 1.

    November

    First year students who have all application materials in by the Early Action Application Deadline of November 1 will receive their admissions decision earlier on in the process. For many students, this earlier decision date enables better planning. View full application information and instructions here. Applying Early Action increases your chances of admission and allows you to be considered for the Rogel Scholarship, which meets a student’s remaining unmet need after financial aid and grants. 

    December

    The FAFSA is now available to complete. The University of Michigan encourages first year and transfer students applying for Fall admission to file the FAFSA (school code 002325) and U‑M CSS Profile (school code 1839) by December 15, 2024. Applicants who file their financial aid application by the Suggested Filing Date of December 15, and are admitted, will receive a preliminary financial aid package sooner. 

    February

    Your Common Application and Slideroom portfolio must be submitted by the February 1 Regular Decision Application Deadline to be considered for Fall admission. View full application information and instructions here.

    March

    March 31 is the Financial Aid Filing Deadline for submitting the FAFSA (school code 002325) and U‑M CSS Profile (school code 1839). We recommend that you complete these applications by March 1 to ensure that they are received by the deadline.