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
