Financial Aid

Financial Aid Budget

Each year the Financial Aid Office determines a budget/cost of attendance that projects average costs for tuition, fees, room and board, books, and other expenses. Budgets are used to represent student differences with regards to residency, enrollment and academic level. All financial aid awards are based on budgets for full-time attendance and adjusted at the census.

The sample budgets below represent average costs for the 2013-2014 year.  These budgets are based on 15 credits/semester for undergraduate students and 9 credits/semester for graduate and doctoral students.


Sample Undergraduate Budgets

 

Michigan Resident

Living On-Campus/Off-Campus

Non-Michigan Resident

Living On-Campus/Off-Campus

Michigan Resident

Commuting from Parent Home

Tuition & Fees

$10,744

 $15,426

$10,744

Room & Board

$8,466 $8,466 $2,600

Books & Supplies

$1,000

 $1,000

$1,000

Transportation

$1,100 $1,100 $1,100

Personal Expenses

$1,100 $1,100 $1,100

Loan Fees 

$50 $50 $50

Total 

$22,460 $27,142 $16,594

 

Sample Graduate Budgets

 

Michigan Resident

Living On-Campus/Off-Campus

Non-Michigan Resident

Living On-Campus/Off-Campus

Michigan Resident

Commuting from Parent Home

Tuition & Fees

$11,844

 $15,834

$11,844

Room & Board

$10,302 $10,302 $5,202

Books & Supplies

$1,000

 $1,000

$1,000

Transportation

$1,500 $1,500 $1,500

Personal Expenses

$1,500 $1,500 $1,500

Loan Fees 

$110 $110 $110

Total 

$26,256 $30,246 $21,156

 

Sample Doctoral Budgets

 

Michigan Resident

Living On-Campus/Off-Campus

Non-Michigan Resident

Living On-Campus/Off-Campus

Michigan Resident

Commuting from Parent Home

Tuition & Fees

$16,952

 $22,724

$16,952

Room & Board

$10,302 $10,302 $5,202

Books & Supplies

$1,000

 $1,000

$1,000

Transportation

$1,500 $1,500 $1,500

Personal Expenses

$1,500 $1,500 $1,500

Loan Fees 

$400 $400 $400

Total 

$31,654 $37,426 $26,554

 

Page last modified March 12, 2013