Fees & Expenses

TUITION/FEE SCHEDULE FOR 2007-08**

(Effective Fall Term, 2007)

ON-CAMPUS/ANN ARBOR FEES:

FULL PROGRAM TERM FEES
(9+ credit hours)
 
Michigan Resident Tuition* $9,215 per term (semester)
Non-Michigan Resident Tuition* $15,144 per term (semester)
 
REDUCED PROGRAM TERM FEES
(Fewer than 9 credit hours)
 
  Michigan Resident Non-Michigan Resident
First credit hour elected* $1,332 $1,991
Each additional credit hour $986 $1,645

ADDITIONAL ON-CAMPUS MANDATORY STUDENT FEES:

Registration Fee $
80.00
Michigan Student Assembly  
7.19
Student Legal Services   
6.00
School/College Govt. Fee
1.50
 
  $
94.69

*A Health Service Fee of $161 and an Infrastructure Maintenance Fee of $185 is included in all “full-time” and “first credit hour” tuition amounts.

Beginning fall 2007, the University offers optional insurance protection for tuition and mandatory fees. For more information, please visit the Tuition Refund Plan website. We strongly encourage all students to take advantage of this low-cost coverage of your tuition investment.

If you have changed your plans and do not intend to return to the University for a term and have already registered for classes, you need to disenroll PRIOR to the first day of the term.

Students who register and subsequently withdraw after the term begins will be charged a registration and disenrollment fee of $130.

Tuition and fees are subject to change without notice by the Regents of the University. Tuition and fees are generally announced for the next academic year in late July.

For additional information on tuition and fees, please refer to the University of Michigan Office of the Registrar website.

2007-08 Academic Year Due Dates for Tuition & Fees:

Term: Fall Winter Spring Spring/Summer Summer
Due Date: September
30		 January
3		 April
30		 April
30		 June
30

Monthly student account bills are available electronically in the form of an eBill. Students will receive a monthly email notification sent to their UMICH email account when the eBill is ready for viewing and printing.

For additional information on billing and your student account, please refer to the University of Michigan Student Financial Operations website.

2007-08 STUDENT BUDGETS (as of 07/30/07)

The University’s Office of Financial Aid establishes standard student budgets as a basis for awarding financial aid funds. These budgets reflect typical “modest but adequate” expense patterns of University of Michigan students based on research conducted by the Office of Financial Aid. While the actual expenses of an individual student will vary based on his or her lifestyle, the estimated costs listed below should assist you in planning your own budget. Note: The figures below represent estimated expenses for two semesters of full-time enrollment (8 months).

Residency Tuition &
Fees*		 Books/Supplies Room & Board Personal/Misc Total Budget*
Michigan Resident $18,619.38 $1,160 $10,884 $4,080 $34,743.38
Non-Michigan Resident $30,477.38 $1,160 $10,884 $4,080 $46,601.38

*Tuition and fees are subject to change without notice by the Regents of the University. Tuition amounts for the academic year are generally set by the Regents of the University of Michigan in July of each year.

Students may borrow long-term, low-interest federal loans through the University’s Office of Financial Aid. Federal Direct Student Loans (subsidized and unsubsidized), cannot exceed $20,500 per academic year, or cost of attendance, whichever is less. An academic year is defined as two terms of at least half-time enrollment. To estimate your eligibility to borrow, fill in the appropriate information below:

Estimated Student Budget for Two Semesters  
($34,743 in-state; $46,601 non-resident) $_____________    
Minus Financial Assistance  
(grant/scholarships, etc.) - $_____________    
Equals Federal Direct Student Loan Eligibility  
(not to exceed $20,500 for two semesters) = $_____________    

Most students may also be eligible for a Federal Perkins Loan (not to exceed $1,100) and/or a work-study award ($3,000) for two semesters. NOTE: Actual awards for Federal Perkins Loan and work-study awards vary from year to year depending on available funds.

Non-Need-Based Loans

For information on non-need-based loans that you may be eligible for, visit the University’s Office of Financial Aid’s website at: www.finaid.umich.edu/Types_of_Financial_Aid/Loans/loans.asp