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#4 Best Public Universities in Michigan

UM-Dearborn Tuition & Cost

Dearborn, Michigan

 1 Reviews

How much does it cost to attend?

In State Michigan Resident Sticker Price
$27,234
In State Costs for University of Michigan Dearborn
Fee Cost
Tuition$13,152
Books and Supplies$1,300
Other Fees$400
Estimated Off Campus Cost of Living $9,048
Other Expenses Budget$3,334
Out of State Resident Sticker Price
$41,202
Out of State Costs for University of Michigan Dearborn
Fee Cost
Tuition$27,120
Books and Supplies$1,300
Other Fees$400
Estimated Off Campus Cost of Living $9,048
Other Expenses Budget$3,334

Residents of Michigan pay an annual total price of $27,234 to attend University of Michigan Dearborn on a full time basis. This fee is comprised of $13,152 for tuition, $1,300 for books and supplies and $400 for other fees.

Out of state residents are charged a total cost of $41,202 which is 51.3% higher than Michigan residents. The tuition charge is $27,120 while books and supplies are $1,300 and other fees come in at $400.

All price data is sourced from the 2020/2021 U.S. Department of Education National Center for Education Statistics survey.

Net Price

Net price is indicative of what it actually costs to attend University of Michigan Dearborn when typical grants and scholarships are considered. The net price varies by family income and financial need.

Average Net Price 2019/2020
$12,639
Net Price by Income University of Michigan Dearborn
Family Income Net Price Paid
$0 to $30,000$9,113
$30,001 to $48,000$10,465
$48,001 to $75,000$12,398
$75,001 to $110,000$17,197
$110,000+$18,226

The average reported annual net price for University of Michigan Dearborn for students receiving grants or scholarship aid was $12,639 in 2019/2020. Net price includes tuition and required fees, books and supplies, and average cost for room and board and other expenses

Costs for Similar Colleges

Financial Aid

90% of full-time undergrad University of Michigan Dearborn received financial aid in the form of grants, scholarships, fellowships from the institution or from Federal, State or local government agencies. This aid averaged $9,607 per student during the 2019/2020 school year. Grant and scholarship aid does not need to be paid back. 34% of students received Federal Student Loans averaging $5,183 and 2% of undergrads took out private student loans averaging $10,955.

Finanical Aid University of Michigan Dearborn
Type Avg./Student Students Receiving
Total Grant and Scholarship Aid $9,607 90%
Institutional Grants and Scholarships $7,028 84%
Pell Grants $5,376 36%
Other Federal Grants $1,333 26%
State and Local Grants $1,109 10%
Federal Student Loans $5,183 34%
Other Student Loans $10,955 2%

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to University of Michigan Dearborn, we've modeled a ten year student loan with an original principal value of $31,672. The loan balance of $31,672 is a four year multiple of the $7,918 average net price. This is a estimate of what you could owe upon graduation if you were to qualify for average financial aid and what a degree really may cost. Should you not qualify for financial aid, you may owe significantly more when you graduate. Based on these assumptions, a monthly repayment of $302 could be required to satisfy your student loan.

Please note that financial aid is not guaranteed and is only available for qualifying students. Federal Student Loans are not grants and must be repaid with interest. The current Stafford loan interest rate is 2.75%.

Example Loan $31,672
Stafford Loan Interest Rate 2.75%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $302.19
Total Interest Paid $4,590.30
Sum of All Loan Payments $36,262.30

Projected 4 Year Degree Price

4 Year Sticker Price
$108,936
Year Michigan Residents Non Residents
1 $27,234 $41,202
2 $28,373 $42,925
3 $29,559 $44,719
4 $30,795 $46,589

Based on published tuition prices, we estimate the current cost of a 4 year bachelor's degree and living expenses at University of Michigan Dearborn to be $108,936 - assuming graduation in normal time. The estimation assumes a 4.2% annual increase over the next 4 years which has been the recent trend for this school.

Credit Hour Cost and Price per Class

Credit Hour and Class Costs at University of Michigan Dearborn
Price Per Credit 3 Credit Class 4 Credit Class
Michigan Residents $548 $1,644 $2,192
Out of State Residents $1,130 $3,390 $4,520

Estimated cost for a class at University of Michigan Dearborn based on published credit hour prices. Note that not all schools allow single class enrollment. These prices should be used for comparison purposes as to how much it may cost to take a class at University of Michigan Dearborn versus other colleges.

Tuition Payment Plans Available

University of Michigan Dearborn Payment Plans
Tuition Payment Plan Yes
Prepaid Tuition Plan No
Alternative Tuition Plan Yes
Guaranteed Tuition Plan No

Primary data source, U.S. Department of Education https://nces.ed.gov/collegenavigator/?id=171137 IPEDS survey data for University of Michigan Dearborn.