University of Michigan-Ann Arbor

https://umich.edu

2024 Undergraduate Tuition

$18,516

3% growth from 2023

2024 Average Net Price

$17,574

After Financial Aid

2023 Default Rate

0.0356%

on Student Loans

2024 Acceptance Rate

15.6%

98,310 Applicants

2024 Enrolled Students

52,855

92.8% Full-Time

2024 Graduation Rate

93.2%

6,207 Graduates

Costs

In 2024, the median undergraduate tuition at University of Michigan-Ann Arbor is $18,516, which is $13,404 less than the national average for Doctoral Universities ($31,920).

After taking grants and loans into account, the average net price for students is $17,574.

In 2024, 54% of undergraduate students attending University of Michigan-Ann Arbor received financial aid through grants. Comparatively, 24% of undergraduate students received financial aid through loans.

Tuition Costs

$18,516

2024 Undergraduate Tuition

In 2024, the cost of tuition at University of Michigan-Ann Arbor was $18,516. The cost of tuition at University of Michigan-Ann Arbor is $−13,404 less than than the overall (public and private) national average for Doctoral Universities ($31,920).

This chart compares the tuition costs of University of Michigan-Ann Arbor (in red) with those of other similar universities.

Average Net Price

$17,574

2024 Value

7.53%

1 Year Growth

In 2024 University of Michigan-Ann Arbor had an average net price — the price paid after factoring in grants and loans — of $17,574. Between 2023 and 2024, the average net price of University of Michigan-Ann Arbor grew by 7.53%.

This chart compares the average net price of University of Michigan-Ann Arbor (in red) with that of other similar universities.

Average net price is calculated from full-time beginning undergraduate students who were awarded a grant or scholarship from federal, state or local governments, or the institution.

Other Student Expenses

$13,856

Room and Board

$1,126

Books and Supplies

The average yearly cost of room and board at University of Michigan-Ann Arbor was of $13,856 in 2024. The cost of room and board increased by 5.2% between 2023 and 2024.

During the same period, the average yearly cost of books and supplies was $1,126. The cost of books and supplies increased by 3.11% during the same period.

This chart compares the average student costs at University of Michigan-Ann Arbor (in red) with that of similar universities.

Financial Aid by Income Level

54%

Undergraduates Receiving Financial Aid through Grants

24%

Undergraduates Receiving Financial Aid through Loans

54% of undergraduate students at University of Michigan-Ann Arbor received financial aid through grants or loans in 2024. This represents a growth of 3.85% with respect to 2023, when 52% of undergraduate students received financial aid.

This chart compares the average award discount at University of Michigan-Ann Arbor (in red) with that of other similar universities.

The average award discount is the ratio between the average grant or scholarship value, and the cost, which is the sum of out-of-state tuition, room, board, book, supplies, and other expenses.

Student Loan Default Rate

Cohort default rates only account for borrowers who default in the first three years, and some schools only have a small proportion of borrowers entering repayment. These rates should be interpreted with caution, as they may not be reflective of the entire school population.

0.0356%

2023 Default Rate

Number of Defaults

In 2023 the default rate for borrower's at University of Michigan-Ann Arbor was 0.0356%, which represents 2 out of the 5621 total borrowers.

A cohort default rate is the percentage of a school's borrowers who enter repayment on certain Federal Family Education Loan (FFEL) Program or William D. Ford Federal Direct Loan (Direct Loan) Program loans during a particular federal fiscal year (FY), October 1 to September 30, and default or meet other specified conditions prior to the end of the second following fiscal year.

Enrollment

University of Michigan-Ann Arbor had a total enrollment of 52,855 students in 2024. The full-time enrollment at University of Michigan-Ann Arbor is 49,070 students and the part-time enrollment is 3,785. This means that 92.8% of students enrolled at University of Michigan-Ann Arbor are enrolled full-time.

The enrolled student population at University of Michigan-Ann Arbor, both undergraduate and graduate, is 43.6% White, 15.9% Asian, 9.87% Hispanic or Latino, 5.09% Black or African American, 4.9% Two or More Races, 0.185% American Indian or Alaska Native, and 0.0795% Native Hawaiian or Other Pacific Islanders.

Students enrolled at University of Michigan-Ann Arbor in full-time Undergraduate programs are most commonly White Female (26.1%), followed by White Male (21.3%) and Asian Female (9.4%). Students enrolled in full-time Graduate programs are most commonly White Female (20.8%), followed by White Male (16.5%) and Asian Female (6.02%).

Full-Time vs Part-Time Enrollment

92.8%

Full-Time Enrollment

The total enrollment at University of Michigan-Ann Arbor in 2024, both undergraduate and graduate, is 52,855 students. The full-time enrollment at University of Michigan-Ann Arbor is 49,070 and the part-time enrollment is 3,785. This means that 92.8% of students enrolled at University of Michigan-Ann Arbor are enrolled full-time compared with 77.3% at similar Doctoral Universities.

This chart shows the full-time vs part-time enrollment status at University of Michigan-Ann Arbor (in red) compares to similar universities.

Retention Rate over Time

97%

2024 Retention Rate

Retention rate measures the number of first-time students who began their studies the previous fall and returned to school the following fall. The retention rate for full-time undergraduates at University of Michigan-Ann Arbor was 97%. Compared with the full-time retention rate at similar Doctoral Universities (82%), University of Michigan-Ann Arbor had a retention rate higher than its peers.

This chart shows the retention rate over time at University of Michigan-Ann Arbor (highlighted in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2024)

White
23,025 enrolled students
Asian
8,417 enrolled students
Hispanic or Latino
5,218 enrolled students

The enrolled student population at University of Michigan-Ann Arbor is 43.6% White, 15.9% Asian, 9.87% Hispanic or Latino, 5.09% Black or African American, 4.9% Two or More Races, 0.185% American Indian or Alaska Native, and 0.0795% Native Hawaiian or Other Pacific Islanders. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Doctoral Universities is 46.2% White, 16.3% Hispanic or Latino, and 10.4% Black or African American.

Any student who is studying in the United States on a temporary basis is categorized as a "Non-Resident Alien", and the share of those students are shown in the chart below. Additionally, 2,110 students (3.99%) did not report their race.

Graduates

In 2024, 308 more women than men received degrees from University of Michigan-Ann Arbor. The most common race/ethnicity group of degree recipients at University of Michigan-Ann Arbor is white (7,789 degrees awarded). There were 3.18 times more white recipients than the next closest race/ethnicity group, asian (2,452 degrees).

The most common Bachelor's Degree concentration at University of Michigan-Ann Arbor is General Computer & Information Sciences (1,225 degrees awarded), followed by General Economics (731 degrees) and General Business Administration & Management (608 degrees).

In 2024, the most specialized majors across all degree types at University of Michigan-Ann Arbor, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Engineering (2,900 degrees awarded), Math & Statistics (535 degrees), and Natural Resources & Conservation (364 degrees).

Common Jobs by Major

Software developers

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at University of Michigan-Ann Arbor are Software developers (580,902 people), Other managers (427,914 people), Miscellaneous engineers, including nuclear engineers (397,863 people), Civil engineers (321,676 people), and Mechanical engineers (226,133 people).

The most specialized majors at University of Michigan-Ann Arbor in 2024 are Engineering (2,900 degrees awarded), Math & Statistics (535 degrees), Natural Resources & Conservation (364 degrees), Architecture and Related Services (215 degrees), and Physical Sciences (392 degrees) (as of 2024).

Highest Paying Jobs by Major

Surgeons

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at University of Michigan-Ann Arbor are Surgeons, Diagnostic medical sonographers, Podiatrists, Magnetic resonance imaging technologists, and Physicians

The most specialized majors at University of Michigan-Ann Arbor are Engineering (2,900 degrees awarded), Math & Statistics (535 degrees), Natural Resources & Conservation (364 degrees), Architecture and Related Services (215 degrees), and Physical Sciences (392 degrees) (as of 2024).

Common Industries by Major

Architectural, engineering & related services

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at University of Michigan-Ann Arbor are Architectural, engineering & related services (649,316 people), Computer Systems Design (605,356 people), Colleges, universities & professional schools, including junior colleges (399,123 people), Construction (383,480 people), and Elementary & secondary schools (259,750 people).

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by University of Michigan-Ann Arbor.

Most Common (2024)

General Computer & Information Sciences
1,225 degrees awarded
General Economics
731 degrees awarded
General Business Administration & Management
608 degrees awarded

In 2024, the most common bachelors degree concentration at University of Michigan-Ann Arbor was General Computer & Information Sciences with 1,225 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from bachelors degree programs at University of Michigan-Ann Arbor according to their major.

Sex Breakdown for Common Majors

8,356

Degrees Awarded to Men

in 2024

8,664

Degrees Awarded to Women

in 2024

In 2024, 8,356 degrees were awarded to men at University of Michigan-Ann Arbor, which is 0.964 times less than the number of degrees awarded to females (8,664).

This chart displays the sex disparity between the top 5 majors at University of Michigan-Ann Arbor by degrees awarded.

Most Common Male Majors

In 2024, 1,085 degrees were awarded to men at University of Michigan-Ann Arbor in General Computer & Information Sciences, which is 3.01 times more than the 361 female recipients with that same degree.

Most Common Female Majors

In 2024, 510 degrees were awarded to men at University of Michigan-Ann Arbor in General Business Administration & Management, which is 0.631 times less than the 808 male recipients with that same degree.

Time to Complete

81%

100% Completion Time

93%

150% Completion Time

In 2024, 81% of students graduating from University of Michigan-Ann Arbor completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 93% completed their degrees within 150% of the normal time, and 94% within 200%.

The following chart shows these completion rates over time compared to the average for the Doctoral Universities Carnegie Classification group.

Graduation rate is defined as the percentage of full-time, first-time students who received a degree or award within a specific percentage of "normal time" to completion for their program.

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.

Asian Female

Highest Graduation Rate (96.9%)

The student demographic with the highest graduation rate in 2024 at University of Michigan-Ann Arbor is Female and Asian (96.9% graduation rate). Across all Doctoral Universities, Asian Female students have the highest graduation rate (75.5%).

The department of education defines graduation rate as the percentage of full-time, first-time students who received a degree or award within 150% of "normal time" to completion.

The National Center for Education Statistics (NCES) categorizes any student who is studying in the United States on a temporary basis as a "Non-Resident Alien", and the graduation rate of those students is shown in the chart below. Additionally, 5.37% of graduates (333 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2024)

White
7,789 degrees awarded
Asian
2,452 degrees awarded
Hispanic or Latino
1,048 degrees awarded

The most common race/ethnicity at University of Michigan-Ann Arbor is white (7,789 degrees awarded). There were 3.18 times more white recipients than the next closest race/ethnicity group, asian (2,452 degrees).

4.1% of degree recipients (698 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2024)

White Female
4,367 degrees awarded
White Female
4,345 degrees awarded
White Female
4,313 degrees awarded

The most common race/ethnicity and sex grouping at University of Michigan-Ann Arbor is white female (4,367 degrees awarded). There were 1.01 times more white female recipients than the next closest race/ethnicity group, white female (4,345 degrees).

Operations

University of Michigan-Ann Arbor has an endowment valued at nearly $18.9B, as of the end of the 2024 fiscal year. The return on its endowment was of 1.9B (10%) compared to the 9.4% average return (23.7M on 252M) across all Doctoral Universities.

In 2024, University of Michigan-Ann Arbor had a total salary expenditure of 13.1B. University of Michigan-Ann Arbor employs 1,210 Professors, 956 No academic ranks and 654 Assistant professors. Most academics at University of Michigan-Ann Arbor are Male Professor (787), Male No academic rank (598), and Female Professor (423).

The most common positions for non-instructional staff at University of Michigan-Ann Arbor are: Computer, Engineering, and Science, with 2,840 employees, Business and Financial Operations, with 2,596 employees, and Management with 1,735 employees.

Endowment

$18.9B

2024 Endowment

7.19%

growth from 2023

University of Michigan-Ann Arbor has an endowment valued at about $18.9B, as of the end of the 2024 fiscal year. The endowment of University of Michigan-Ann Arbor grew 7.19% from the previous year. The value of their endowment was $18.6B higher than than the median endowment of Doctoral Universities according to the Carnegie Classification grouping.

This line chart shows how the endowment at University of Michigan-Ann Arbor (in red) compares to that of some similar universities.

The small bar chart below shows the endowment quintiles for all universities in the Doctoral Universities: Highest Research Activity Carnegie Classification grouping.

Salary Expenditure

$6.11B

2024 Salaries

7.15%

growth from 2023

In 2024, University of Michigan-Ann Arbor paid a median of $6.11B in salaries, which represents 46.4% of their overall expenditure ($13.1B) and a 7.15% growth from the previous year. This is compared to a 22.5% growth between 2022 and 2023, and a 6.12% growth between 2021 and 2022.

Instructional Salaries

$546M

Instructional Salaries

4,073

Number of Employees

In 2024, University of Michigan-Ann Arbor paid a total of $546M to 4,073 employees working as instructors, which represents 8.94% of all salaries paid.

This is compared to a median of $4.1M (2.29%) for similar Doctoral Universities.

Occupations by Share

In 2024, the most common positions for non-instructional staff at University of Michigan-Ann Arbor were Computer, Engineering, and Science with 2,840 employees, Business and Financial Operations with 2,596 employees, and Management with 1,735 employees.

University of Michigan-Ann Arbor

About

University of Michigan-Ann Arbor

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About

Costs

Tuition Costs

Average Net Price

Other Student Expenses

Financial Aid by Income Level

Student Loan Default Rate

Admissions

Acceptance Rate

SAT Scores

Enrollment

Full-Time vs Part-Time Enrollment

Retention Rate over Time

Enrollment by Race & Ethnicity

Graduates

Common Jobs by Major

Highest Paying Jobs by Major

Common Industries by Major

Majors Awarded

Sex Breakdown for Common Majors

Most Common Male Majors

Most Common Female Majors

Time to Complete

Graduation Rate by Race and Sex

Race & Ethnicity by Share

Race & Ethnicity by Sex

Operations

Endowment

Salary Expenditure

Instructional Salaries

Occupations by Share

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