University of Michigan-Ann Arbor
Public · Ann Arbor, Michigan · 34,177 undergraduates
University of Michigan-Ann Arbor has an average net price of $13,138 per year after grants and scholarships — about $52,552 over four years — versus published tuition of $17,736 in-state / $60,946 out-of-state. Students earn a median of $83,648 ten years after entry , and 93.2% graduate. That gives a 6.4× earnings-to-net-price signal (very strong) — meaning roughly 0.6 years of that salary would cover the full four-year net cost.
Source: U.S. Dept. of Education College Scorecard. Data as of June 2026.
Estimate, not advice. Net price and earnings depend heavily on your family income, field of study and personal circumstances. Use University of Michigan-Ann Arbor's official net price calculator and the College Scorecard before making a financial decision.
University of Michigan-Ann Arbor cost & outcomes at a glance
| Indicator | University of Michigan-Ann Arbor |
|---|---|
| Average annual net price (after grants/scholarships) | $13,138 |
| In-state tuition & fees (published) | $17,736 |
| Out-of-state tuition & fees (published) | $60,946 |
| Median earnings 10 years after entry | $83,648 |
| Graduation rate (within 150% of time) | 93.2% |
| Admission rate | 15.6% |
| ROI signal — earnings ÷ annual net price | 6.4× (Very strong) |
| Est. years of median earnings to cover 4-yr net cost | 0.6 yrs |
| Undergraduate enrollment | 34,177 |
Source: U.S. Dept. of Education College Scorecard. Data as of June 2026.
Sticker price vs net price
The published ("sticker") tuition at University of Michigan-Ann Arbor is $17,736 for in-state students and $60,946 for out-of-state students. But most students receive grant or scholarship aid, so the figure that matters is the average net price of $13,138 per year. Net price also excludes loans — it is what families actually pay out of pocket and from savings, on average. Lower-income families typically pay well below this average and higher-income families above it.
How we read the ROI signal
Our ROI signal divides the median 10-year earnings ($83,648) by the average annual net price ($13,138), giving 6.4×. That is earnings far outpace the net cost of attendance. A related gauge: at the median salary it would take about 0.6 years to earn back the full four-year net cost of $52,552. These are simple, transparent ratios — not a financial return — and earnings reflect only federally-aided students across all majors. See the methodology for the formula and its limits.
University of Michigan-Ann Arbor vs peer schools
How University of Michigan-Ann Arbor compares with similar schools (same state, then nearest by size and net price):
| School | Net price/yr | Median earnings (10yr) | Grad rate | ROI signal |
|---|---|---|---|---|
| University of Michigan-Ann Arbor (this school) | $13,138 | $83,648 | 93.2% | 6.4× |
| Michigan State University | $19,680 | $67,253 | 80.7% | 3.4× |
| Grand Valley State University | $16,317 | $56,118 | 67.0% | 3.4× |
| University of Mississippi | $13,314 | $50,994 | 71.7% | 3.8× |
| University of California-Berkeley | $13,481 | $92,446 | 92.8% | 6.9× |
| University of California-Los Angeles | $12,548 | $82,511 | 92.6% | 6.6× |
| Florida Agricultural and Mechanical University | $13,739 | $44,349 | 53.3% | 3.2× |
Frequently asked questions
How much does it actually cost to attend University of Michigan-Ann Arbor?
The published price is not what most students pay. In-state tuition & fees are $17,736 and out-of-state are $60,946, but the average net price — the cost after grants and scholarships are subtracted — is $13,138 per year, or about $52,552 over four years. Net price varies a lot by family income, so run the school's own net price calculator for your situation. Figures are from the U.S. Dept. of Education College Scorecard; verify before relying on them.
What do University of Michigan-Ann Arbor graduates earn?
Median earnings for University of Michigan-Ann Arbor students measured 10 years after they first enrolled are $83,648 per year, which ranks in the upper half (#46) of the 167 schools we track. This figure covers only students who received federal financial aid and blends all fields of study, so individual majors can earn far more or less.
Is University of Michigan-Ann Arbor a good value (ROI)?
On our transparent signal — median 10-year earnings divided by the average annual net price — University of Michigan-Ann Arbor scores 6.4× (very strong): earnings far outpace the net cost of attendance. By that measure it ranks #14 of 167. It would take roughly 0.6 years of the median salary to cover the full four-year net cost. This is a rough value signal, not a guaranteed return — see the methodology for its limits.
What is the graduation rate at University of Michigan-Ann Arbor?
University of Michigan-Ann Arbor's completion rate (graduating within 150% of the normal time) is 93.2%, ranking #25 of 167. A higher graduation rate lowers the risk of paying for college without finishing, which is one of the biggest drivers of poor outcomes and student-loan default.
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Sources & accuracy
All figures from the U.S. Dept. of Education College Scorecard (Public domain (U.S. Government work)), latest available institution-level fields, snapshot June 2026. Net price is the average after grant/scholarship aid; earnings are the median for federally-aided students 10 years after entry; the ROI signal and payback years are computed by us (see methodology). These are estimates — verify on the College Scorecard before making any financial decision.
Last updated: 2026-06-20