U-M offers grants, scholarships, loans and federal Work-Study funds to eligible entering and continuing students. The Office of Financial Aid provides general information about student financial options. The following pages will be of special interest to new students:
Financial Literacy and College Planning
The Office of Financial Aid has several websites that can help students with tips for budgeting during college and beyond:
Students may experience an emergency situation or one-time, unforeseen expense while in school. The U-M offers several types of assistance for students in such special circumstances. Such situations include, but are not limited to, medical, dental or mental health emergencies; major accidents and events such as fire and natural disasters; and expenses related to the death of an immediate family member. NOTE: Emergency funding may impact previously awarded aid, so it is important to coordinate with the Office of Financial Aid.
The College Board’s Net Price Calculator helps students explore the cost of a University of Michigan education so they can make informed decisions about college. This calculator tool will help estimate eligibility for financial aid, as well as out-of-pocket expenses. It will estimate available grants, scholarships and federal loans.
CEW advances diversity and inclusion at the U-M by serving as a resource, voice and advocate to empower women and nontraditional students. The Center provides services and financial support, including career and education counseling, to ensure educational success and degree completion. CEW also serves those who encounter education and career obstacles based on their non-linear paths to, and experiences within, the University community. The Center also offers Critical Difference Grants offered to graduate students and nontraditional undergraduate students (including first-generation) for unexpected financial emergencies. All students are welcome to use CEW resources.
The College of LSA is committed to providing financial support to students participating in U-M international programs. LSA students can apply through M-Compass for the LSA Global Experience Scholarship. This assistance should be coordinated with the Office of Financial Aid.
The LSA Internship Scholarship for current students provides scholarships of up to $5,000 to support internship experiences to qualified LSA freshmen, sophomores and juniors who have demonstrated financial need. This scholarship provides internship support for experiences in the spring and summer terms. The internship must be secured before applying. Because this assistance can impact aid eligibility for spring and/or summer, please work closely with the Office of Financial Aid if you are considering an application for the internship scholarship.