How do people afford UMich?

Affording the University of Michigan (UMich) is made possible for many students through a comprehensive financial aid program that includes various funding sources. For those who qualify, financial aid packages may consist of the Federal Pell Grant, which is awarded based on financial need, and the Federal Supplemental Opportunity Grant, which provides additional support to low-income students. Additionally, the Michigan Achievement Scholarship offers state-based funding to eligible residents, while institutional scholarships and grants are provided directly by the university to help cover tuition costs. Furthermore, students can also access non-UM tuition scholarships and grants from external organizations. Collectively, these financial resources contribute to the Go Blue Guarantee, which ensures that eligible students can attend UMich without the burden of tuition fees, making higher education more accessible and affordable for a diverse range of students.