Tool December 2017

Best Values in Colleges

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University of Michigan (Ann Arbor, MI)

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University of Michigan is ranked 4 in Kiplinger's list of Best Values in Public Colleges and is ranked 89 among all colleges.

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ACADEMIC QUALITY

Applicants who took SAT 26%
Applicants who took ACT 82%

SAT Critical Reading Score

700+43%
600-69945%
600+88%

SAT Math Score

700+64%
600-69929%
600+93%

ACT Score

30-3674%
24-2923%
24+97%

Students applied55,504
Students admitted15,871
Admission rate29%

Students per faculty15

4-year graduation rate76%

ANNUAL COSTS

In State

Tuition$14,498
Fees$328
Room and board$11,198
Estimated book expense$1,048
Total cost$27,072

Cost after need-based aid$9,399
Cost after non-need-based aid$19,630

Average debt at graduation$25,712

Out of State

Tuition$47,148
Fees$328
Room and board$11,198
Estimated book expense$1,048
Total cost$59,722

Cost after need-based aid$42,049
Cost after non-need-based aid$52,280

SALARY DATA

Salary yardstick #$60,100

FINANCIAL AID

% of aid need met87%
Average need-based aid$17,673
Average non-need-based aid$7,442

STUDENT BODY

Total enrollment28,964

Full-Time

Men13,958
Women13,992

Part-Time

Men588
Women426

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 Databases (© 2018 Peterson's 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