The University of Michigan Scholarships program provides over $100 million in financial assistance each year to reduce barriers inhibiting students from accessing an affordable, world-class education.
University of Michigan Scholarships Full-ride flagship awards like the $80,000 Regents Scholarship to partial tuition grants like the $5,000 International Student Scholarship, Michigan delivers merit and need-based aid enabling academically-gifted students to minimize debt.
Unique funding opportunities also exist through varsity athletics, ROTC, corporate sponsors, and various school departments guaranteeing a customized aid package for every admitted Wolverine demonstrating potential to excel on campus and give back beyond.
University of Michigan Scholarships 2024: Fully Funded Awards
University of Michigan is one of the best U.S at Ann Arbor among public universities. It has always been among the top five schools for undergraduate work, research and athletics in recent years. Michigan is also a top-notch school academically, and tuition for out of state or foreign students can be nightmarishly high. Michigan is also a top-notch school academically, and tuition for out of state or foreign students can be nightmarishly high.
But Michigan has an excellent financial aid policy and various types of scholarships to make up the overall cost.
In this comprehensive guide, we will cover the different types of University of Michigan scholarships available for 2024 across all backgrounds – whether you are an in-state, domestic out-of-state, or international freshman or transfer hopeful aiming to attend this top public Ivy League institution.
Key Points
- Types of Scholarships Offered
- Scholarships for In-State vs. Out-of-State Students
- Merit Scholarships for Freshmen
- Need-Based Financial Aid Packages
- Full-Ride Scholarship Opportunities
- Scholarships for Transfer Students
- Scholarships for International Students
Types of Scholarships Offered
The University of Michigan Scholarships has a wide range with financial aid opportunities to reduce the cost of attendance across all backgrounds. The main categories of aid include:
Need-Based Financial Aid
- Awarded based on family financial need demonstrated on FAFSA and CSS Profile
- Includes federal Pell Grants, subsidized loans, work-study programs
- Over 60% of Michigan students receive some form of need-based aid
- Average need-based package award is $25k per year
Merit-Based Scholarships
- Awarded based on academic and extracurricular achievements
- Includes prestigious awards like full-tuition Regents Scholarship
- Average merit scholarship award is $7,400 per year
- Top merit scholarships include:
- Regents
- Dean’s
- Faculty Recognition
Athletic Scholarships
- Awarded by coaches across 35 varsity athletic programs
- Amounts vary based on sport, skill level, experience
- Over 1,000 student athletes receive athletic scholarships
Departmental Scholarships
- Awarded by specific schools and departments at Michigan University
- For students intending to pursue certain undergraduate majors
- Awards based on academic merit, not financial need
University of Michigan Scholarships for In State vs. Out of State Students
University of Michigan is a public state U.S university, financial assistance, and funds are vary according to whether the students are from in state or not. This affects the types and amounts of scholarships and aid packages offered.
In-State Michigan Residents
- Receive preferential treatment in UMich admissions
- Eligible for Michigan-specific awards unavailable to non-residents
- Such as Michigan Competitive Scholarships covering full in-state tuition
- Normally lower cost of attendance as compare to others out of state schools.
Out of State USA Residents
- Face more competitive admissions as an out-of-state applicant
- Less access to state-based and government scholarships and grants
- Qualify for general financial aid and merit scholarships
- Overall cost of attendance is nearly 2x higher than in-state
As a top public university, the majority of aid Michigan has to offer is reserved for residents of the state of Michigan given the subsidies paid by state taxes. However, out-of-state students can still offset the higher total fees through merit, athletic, and departmental scholarships and private student loans.
Merit Scholarships for Freshmen
The University of Michigan Scholarships offers prestigious merit-based scholarship opportunities to incoming freshmen who demonstrate exceptional academic and extracurricular achievement in high school. Common criteria for the awards include:
- Excellent high school GPA, usually 3.7 and above
- High SAT/ACT standardized test scores
- Taking many challenging, advanced placement (AP) courses
- Commitment to community service, sports, arts, leadership
Some of the most competitive and generous Merit Scholarships for University of Michigan freshmen include:
Regents Scholarship:
- Full tuition, housing scholarship
- Valued at over $80k per year
- Highest merit scholarship Michigan offers
- Extremely competitive with only 50 awarded per class
Dean’s Scholarship:
- $20k per year for all in state students
- $44k per year for all out of-state students
- High GPA and SAT/ACT requirements
- More awards given than Regents
Faculty Recognition Award:
- $8k per year award
- Slightly lower eligibility standards
- 500-1,000 recipients per freshman class
The acceptance rates for these top merit scholarships ranges from 10-25% of applicants demonstrating extraordinary achievements and abilities. Meeting the minimum GPA and test score eligibility does not guarantee receipt of the awards given the limited number handed out yearly and level of competition.
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Need-Based Financial Aid Packages
In addition to the merit scholarships that recognize outstanding students, the University of Michigan Scholarships has generous need-based financial assistance to help low-income families afford college expenses. Need-based assistance, including grants, work study programs, subsidized loans and other forms of help can also save large amounts from the out-of-pocket costs.
Current and prospective need-based aid recipients must fill out a FAFSA and CSS Profile application. This allows Michigan to conduct a “Need Analysis” to determine family financial need and eligibility for the following assistance:
- Federal Pell Grants ($6,895 max per year)
- Subsidized Direct Loans (up to $5,500 for freshmen)
- Federal Work-Study jobs ($3,000 average salary)
- Institutional grants ($1,000 – $15,000 range)
- Special scholarships for disadvantaged groups
Over 60% of undergraduates receive some amount of need-based aid in their financial aid package from Michigan. For Michigan residents specifically, the average need-based scholarship or grant award is approximately $25,000 per year, making it significantly more affordable.
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Full-Ride Scholarship Opportunities
The most generous category of financial assistance the University of Michigan offers are Full Ride Scholarships which cover your complete cost of attendance without out-of-pocket expenses. These extremely competitive awards include:
Regents Scholarship:
- Previously mentioned merit scholarship
- Covers 100% of tuition, housing, meals, fees – $80k+ value
- Very limited awards, less than 1% of applicants qualify
- Perfect grades, test scores expected
M-Pact Scholarship:
- Covers full cost of attendance for all 4 years
- For Michigan residents from disadvantaged backgrounds
- Strong grades and leadership capabilities expected
- Must demonstrate substantial financial need
ROTC Scholarships:
- Offered by Air Force, Army, and Navy ROTC programs
- Covers 100% tuition, fees, textbooks, some housing
- Requires military service commitment post-college
In addition to these named programs, some student athletes in top varsity programs may also qualify for full scholarships covering most college expenses in exchange for contributing to the school’s athletic success over a 4-year career.
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Scholarships for Transfer Students
Beyond freshmen applicants, the University of Michigan Scholarships also offers financial assistance to undergraduate transfer students through merit and need-based scholarships to reduce the cost of completing their degrees.
Some notable awards for transfers include:
- Transfer Academic Scholarship – Up to $10,000 per year based on prior college GPA and credits earned. Must have 3.7 GPA+ from previous institution.
- Go Blue Guarantee – Covers full tuition for Pell Grant eligible in-state transfers from Michigan community colleges who complete associate’s degree. Need-based, targets lower-income.
- Michigan Transfer Scholarship – Need-based award up to $10k/year for Michigan residents transferring from community college who show financial need via FAFSA.
While less generous than freshmen scholarships on average, by maintaining a high GPA at their prior colleges transfers can still qualify for these renewable awards upon admittance to save substantially on the upper-division program costs.
Scholarships for International Students
While domestic students have access to more state and federal financial aid opportunities, the University of Michigan does offer a handful of named scholarships for international students to help reduce the full out-of-state tuition and fees.
Top scholarships for eligible international freshmen include:
The Four Years Tuition Scholarship:
- Covers 100% of tuition for all four years
- Only 5 selected globally per year – highly competitive
- Must truly stand out with academics, extracurriculars
The International Student Scholarship:
- $5,000 – $10,000 renewable award
- Based on academic merit
- 150-200 recipients per year
To be competitive applicants for these limited international student scholarships, applicants generally require outstanding academic markers including:
- Top 2% GPAs/class rank
- Strong SAT, TOEFL, or IELTS test scores
- Evidence of leadership and community impact
Deadlines
Here is a table summarizing key scholarship names, details, and deadline dates for University of Michigan international student scholarships for 2024:
| Scholarship Name | Details | Award Amount | Deadline |
|---|---|---|---|
| Four Years Tuition Scholarship | Covers 100% tuition for all four years | Varies, up to $75k total value | December 1, 2023 |
| International Student Scholarship | Merit-based scholarship for internationals | $5,000 – $10,000 per year | January 15, 2024 |
| English Speaking Union Scholarship | Need and merit based, essay required | $5,000 per year | January 31, 2024 |
| Global Commencement Scholarship | Merit factors, must attend global commencement | $5,000 one time | Rollling |
| Global Wolverine Scholarship | Need and merit based | $10,000 per year | Rolling |
| Margaret W. Winkelman Scholarship | Women in STEM majors | Full tuition costs | January 5, 2024 |
The most generous and competitive full ride scholarship for international students is the Four Years Tuition award covering 100% of tuition expenses across all four years. The deadline to apply for 2024 is December 1, 2023. Other partial scholarship opportunities to offset costs have later deadlines in early 2024.
You Can Apply for University of Michigan Scholarships For International Students 2024 on their
Conclusion
The University of Michigan offers a multitude of merit and need-based scholarship opportunities to reduce the cost of attendance and recognize outstanding prospective students.
In particular, the school has a generous financial aid program for Michigan residents which includes exclusive access to awards like the competitive four-year M-Pact scholarship for disadvantaged in-state students and community college transfer awards.
Out-of-state students also have prestigious scholarships to apply for including the renowned full-tuition Regents award and Dean’s scholarship covering $20-40k annual costs. Athletic programs, ROTC affiliations, and individual departments provide niche aid as well.
While fewer scholarships exist for non-domestic students, top-tier international applicants do have access to full and partial tuition awards competitive globally.
By excelling inside and outside the classroom and thoroughly researching chances for aid, prospective Michigan students from all financial means and geographies can make this elite public institution affordable through a combination of grants, scholarships, work opportunities and subsidized loans as part of their personal financial aid package.
FAQ’s
Does University of Michigan give out scholarships?
Yes, the University of Michigan offers a wide range of merit-based and need-based scholarships for incoming freshman and transfer students. Popular awards include the Regents Scholarship, Dean’s Scholarship, faculty recognition awards, athletic scholarships, and more.
Does Michigan university give scholarships to international students?
Yes, Michigan does offer a small number of merit scholarships specifically targeted for international students including the Four Year Tuition Scholarship and the International Student Scholarship. However, the majority of aid is reserved for domestic applicants.
Is University of Michigan 100% need met?
No, Michigan does not meet 100% of every students demonstrated financial need. Over 60% of in-state students do receive need-based aid with an average package of $25k/year. Full demonstrated need for out-of-state students may not be met.
Can you get a scholarship in Michigan?
Yes, Michigan residents have exclusive access to merit and need-based scholarship programs such as the M-Pact Scholarship for disadvantaged students or the Michigan Transfer Scholarship for community college transfers that out-of-state students cannot qualify for.
Why is University of Michigan so expensive?
As a top public university located in an expensive city area and offering outstanding academics and Division 1 sports, operational costs at Michigan are high. State support has also declined, increasing the tuition burden on families. Out-of-state students pay even higher rates subsidizing Michigan tax-payers.
What GPA does Michigan want?
The middle 50% admitted to Michigan each year have between a 3.7-4.0 unweighted high school GPA. Competitive applicants should have an upwards trend with challenging course loads including multiple AP and honors classes.
Can I go to University of Michigan for free?
While rare, some Pell-eligible in-state students and exceptionally high-achieving applicants may have the complete cost of attending Michigan covered through a combination of grants, work-study income, institutional scholarships like the M-Pact award, and subsidized federal loans avoiding out-of-pocket payments.
How to afford University of Michigan?
Applying to FAFSA, CSS Profile, and UMich Scholarship programs can help reduce costs. Joining ROTC programs, exploring work-study jobs, budgeting living expenses, applying to external private scholarships, and considering community college transfer pathways are other options.
How much is a scholarship to Michigan?
University of Michigan scholarship amounts vary from several thousand dollars per year to covering complete tuition and housing. Larger awards like the Regents Scholarship can provide $80k+ in funding across four years. The average merit scholarship is $7,400 annually for residents.
Is Michigan a good place for international students?
Yes, Ann Arbor is considered a very welcoming college town for domestic and international students alike. Over 7,000 internationals from 100+ countries study at Michigan taking advantage of research opportunities, diversity, arts, and athletic events that enhance student life.
Is Umich worth it for international students?
With a annual cost approaching $70k for internationals, Michigan is a large investment but the academic excellence, professor expertise, alumni network strength, and STEM breadth make it a top U.S. school choice that grows career mobility. Over 5,500 international Wolverines feel it’s worthwhile.
Is Michigan a good place to live for international students?
Ann Arbor offers a very livable experience for internationals. A vibrant, safe Midwestern college town full of young people, the food, cultural festivals, community groups, and transportation connectivity make settling here easier while focusing on premier UMich academics.
Is the University of Michigan expensive?
Yes, Michigan is among the most expensive public universities with total annual costs ranging from $30k for in-state students to $65k+ for out-of-state and international students including tuition, housing, books, supplies and living expenses. Costs increase 5% annually.
Is a 1400 good for University of Michigan?
Yes, a 1400 SAT score would be considered very competitive for UMich admission, placing you around the middle 50% range for enrolled students. When paired with a strong GPA, course rigor, essay and EC’s, a 1400 SAT makes for a solid application.
Is University of Michigan worth it?
With top ranked academics, research, athletics and an extensive alumni network, Michigan delivers outstanding outcomes for students justifying its hefty price tag as a public Ivy. In-state Wolverines especially gain access to a world-class education for lower costs than private alternatives.
Is Michigan hard to get into?
Yes, with an acceptance rate around 23%, gaining admission to UMich is very competitive compared to other public flagships. Each year over 65,000 students apply for just around 7,000 available freshman seats across the various schools and colleges.
Why is University of Michigan so hard to get into?
Michigan is highly selective admitting only 1 in 4 applicants due to its immense popularity stemming from renowned academics, research, Division 1 sports, alumni job placement success, and diverse student life opportunities offered across undergraduate programs attracting top-tier applicants globally.
Can I get into Michigan with a 3.7 GPA?
While not impossible with other application strengths, given Michigan’s highly selective admission standards, having just a 3.7 unweighted high school GPA would be considered below average for accepted students and make gaining admission more difficult statistically without additional hook factors.