by our College Data Analytics TeamRather than paying the full sticker price for a college education, most students receive a financial aid package that eases the burden with scholarships, grants, loans, and work-study options, while the amount and type of aid may vary among students.
Interested in understanding the financial aid resources available at UM Flint and your eligibility? Find the answers you seek below.
University of Michigan - Flint average financial aid offer for freshmen students is $8,844.00. About 98% of first year students receive financial aid, most of which is in the form of grants and scholarships.
A financial aid package includes loans, grants, and scholarships. However, student loans have to be paid back, so they aren’t a true discount.
Worried about the student loans that might be part of a financing offer? View the average amount of debt per student at University of Michigan - Flint.
Colleges and universities offer institutional scholarships and grants as financial assistance to help students cover tuition fees and other educational costs. These awards, which do not require repayment, can be merit-based or need-based. Merit-based institutional scholarships recognize students who have exceptional academic records, special talents, or skills in particular areas. Eligibility for these scholarships often depends on factors such as a student’s high school performance, standardized test scores, or involvement in extracurricular activities. In contrast, need-based institutional grants are designed for students who show financial need. The amount awarded usually depends on the student’s family’s financial condition and aims.
The numbers below apply to scholarships and grants primarily provided by University of Michigan - Flint.
91% of first-year students (524 total) were offered scholarships at University of Michigan - Flint, averaging $5,777.00 per person. This puts it in the top 50th percentile among colleges and universities nationwide.
In addition to scholarships, 45% of first years (259 total) were awarded federal grant aid, averaging $5,982.00 each.
The following table shows scholarship and grant allocations by income for first-year students receiving any form of federal Title IV assistance, including Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 25.17% | $13,579.00 |
| Income 30k-48k | 11.11% | $12,424.00 |
| Income 48k-75k | 11.63% | $8,158.00 |
| Income 75k-110k | 10.24% | $5,598.00 |
| Income 110k + | 22.57% | $4,196.00 |
The table above displays undergrads who are getting Title IV aid, federal aid from the government including loans, grants or work-study. Learn more here.
Of the 576 undergraduate students at University of Michigan - Flint around 98% (529 total) receive some form of grant aid. The typical amount awarded was $8,844.00.
Check out the Tuition and Fees page or the Cost Per Credit Hour page to find out more.
References
More about our data sources and methodologies.