Tool December 2016

Best Values in Colleges

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University of Michigan (Ann Arbor, MI)

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University of Michigan is ranked 5 in Kiplinger's list of Best Values in Public Colleges and is ranked 86 among all colleges.

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ACADEMIC QUALITY

Applicants who took SAT 27%
Applicants who took ACT 83%

SAT Critical Reading Score

700+39%
600-69947%
600+86%

SAT Math Score

700+60%
600-69931%
600+91%

ACT Score

30-3671%
24-2926%
24+97%

Students applied51,761
Students admitted13,584
Admission rate26%

Students per faculty15

4-year graduation rate75%

ANNUAL COSTS

In State

Tuition$14,704
Fees$328
Room and board$10,872
Estimated book expense$1,048
Total cost$26,952

Cost after need-based aid$11,552
Cost after non-need-based aid$19,139

Average debt at graduation$26,034

Out of State

Tuition$45,082
Fees$328
Room and board$10,872
Estimated book expense$1,048
Total cost$57,330

Cost after need-based aid$41,930
Cost after non-need-based aid$49,517

SALARY DATA

Salary yardstick #$57,400

FINANCIAL AID

% of aid need met86%
Average need-based aid$15,400
Average non-need-based aid$7,813

STUDENT BODY

Total enrollment28,312

Full-Time

Men13,706
Women13,552

Part-Time

Men592
Women462

Freshmen retained97%

# - Based on the median earnings of workers who started at a particular college 10 years earlier and who received federal financial aid. The data don't consider whether the student graduated or went on to graduate school.

NA - Not available


SOURCES - Peterson's Undergraduate Database (© 2016 Peterson's/Nelnet LLC. All rights reserved.), U.S. Department of Education College Scorecard.

SEE ALSO: College Finder Map|See, Sort All 300 Best College Values|SPECIAL REPORT: Kiplinger's College Rankings|How We Rank the Best College Values