by our College Data Analytics TeamCollege Factual's Best for the Money Rankings compare the quality of an U-M degree with its cost to determine if the school is asking a fair price. Read the U-M annual value report below.
University of Michigan - Ann Arbor is ranked #2,072 out of 2,223 for value nationwide.
Based on our analysis of other colleges at similar price points, we believe University of Michigan - Ann Arbor is overpriced for the quality education it provides. (This takes into account average financial aid and may not apply to you if you have further scholarships, grant or aid provided to you.)
| School | Total Price | Value Grade |
|---|
*Total price is determined by multiplying average annual cost by time to graduate.
On average, a bachelor's degree from U-M will cost you about $217,206. This is based on an average price (with and without aid) of $52,213 and a typical 4.16 years to graduate.
| Amount | |
|---|---|
| Average Yearly Cost | $52,213 |
| Average Years to Graduate | 4.16 |
| Estimated Avg Total Cost of Degree | $217,206 |
There are many ways you can lower the cost of a college education. Consider taking advantage of in-state tuition, or shortening the length of your degree by taking summer classes. Learn more about U-M cost for other factors that may affect net price such as the financial aid you qualify for that is largely based on your family's income.
The overall price of a college can vary depending on your individual circumstances.
Look at the table below to get a sense of how U-M value for your educational dollar might vary.
| Nationwide Value by Aid Group | Avg Degree Cost | Value Rank | Value Grade |
|---|---|---|---|
| Students with no Aid | $263,012 | #0 | F |
| All Students | $217,206 | #2,072 | F |
| Only Students Receiving Aid | $174,928 | #78 | A+ |
| In-State Value by Aid Group | Avg Degree Cost | Value Rank | Value Grade |
|---|---|---|---|
| Students with no Aid | $135,133 | # | F |
| All Students | $89,332 | # | F |
| Only Students Receiving Aid | $47,050 | # | F |
Note: the Value Grade for in-state students is calculated by looking only at other schools in the state of Michigan.
About 66% of U-M students receive financial aid. Get more details on what U-M financial aid you may qualify for.
College Factual calculates value by calculating average U-M cost multiplied by time to graduate, and then compares that number to other schools of a similar quality ranking. If the school is priced fairly based on the educational quality it receives a fair ranking. If it is underpriced it receives a good or excellent value.
Read the full Best for the Money Ranking Methodology.
Image Credit: By Dwight Burdette under License
College Factual's Best for the Money Ranking Methodology.