University of Michigan-Ann Arbor

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2023 Undergraduate Tuition
$17,977
3% growth from 2022
2023 Average Net Price
$19,005
After Financial Aid
2020 Default Rate
0%
on Student Loans
2023 Acceptance Rate
17.9%
87,632 Applicants
2023 Enrolled Students
52,065
92.5% Full-Time
2023 Graduation Rate
93.2%
6,350 Graduates

About

University of Michigan-Ann Arbor is a higher education institution located in Washtenaw County, MI. In 2023, the most popular Bachelors Degree concentrations at University of Michigan-Ann Arbor were General Computer & Information Sciences (1,206 degrees awarded), General Business Administration & Management (613 degrees), and General Economics (608 degrees).

In 2023, 17,171 degrees were awarded across all undergraduate and graduate programs at University of Michigan-Ann Arbor. 50.7% of these degrees were awarded to women, and 49.3% awarded men. The most common race/ethnicity group of degree recipients was white (7,934 degrees), 3.4 times more than then the next closest race/ethnicity group, asian (2,335 degrees).

The median undergraduate tuition at University of Michigan-Ann Arbor is $17,977, which is $−13,026 less than the national average for Doctoral Universities ($31,004).

In 2020 the default rate for borrower's at University of Michigan-Ann Arbor was 0%, corresponding to 0 out of the 5,134 total borrowers.

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Costs

In 2023, the median undergraduate tuition at University of Michigan-Ann Arbor is $17,977, which is $13,027 less than the national average for Doctoral Universities ($31,004).

After taking grants and loans into account, the average net price for students is $19,005.

In 2023, 52% of undergraduate students attending University of Michigan-Ann Arbor received financial aid through grants. Comparatively, 21% of undergraduate students received financial aid through loans.

Tuition Costs

$17,977
2023 Undergraduate Tuition

In 2023, the cost of tuition at University of Michigan-Ann Arbor was $17,977. The cost of tuition at University of Michigan-Ann Arbor is $−13,027 less than than the overall (public and private) national average for Doctoral Universities ($31,004).

This chart compares the tuition costs of University of Michigan-Ann Arbor (in red) with those of other similar universities.

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Average Net Price

$19,005
2023 Value
1.62%
1 Year Growth

In 2023 University of Michigan-Ann Arbor had an average net price — the price paid after factoring in grants and loans — of $19,005. Between 2022 and 2023, the average net price of University of Michigan-Ann Arbor grew by 1.62%.

This chart compares the average net price of University of Michigan-Ann Arbor (in red) with that of other similar universities.

Average net price is calculated from full-time beginning undergraduate students who were awarded a grant or scholarship from federal, state or local governments, or the institution.

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Other Student Expenses

$13,171
Room and Board
$1,092
Books and Supplies

The average yearly cost of room and board at University of Michigan-Ann Arbor was of $13,171 in 2023. The cost of room and board increased by 4.6% between 2022 and 2023.

During the same period, the average yearly cost of books and supplies was $1,092. The cost of books and supplies increased by 4.2% during the same period.

This chart compares the average student costs at University of Michigan-Ann Arbor (in red) with that of similar universities.

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Financial Aid by Income Level

52%
Undergraduates Receiving Financial Aid through Grants
21%
Undergraduates Receiving Financial Aid through Loans

52% of undergraduate students at University of Michigan-Ann Arbor received financial aid through grants or loans in 2023. This represents a decline of 25.7% with respect to 2022, when 70% of undergraduate students received financial aid.

This chart compares the average award discount at University of Michigan-Ann Arbor (in red) with that of other similar universities.

The average award discount is the ratio between the average grant or scholarship value, and the cost, which is the sum of out-of-state tuition, room, board, book, supplies, and other expenses.

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Student Loan Default Rate

Cohort default rates only account for borrowers who default in the first three years, and some schools only have a small proportion of borrowers entering repayment. These rates should be interpreted with caution, as they may not be reflective of the entire school population.
0%
2020 Default Rate
0
Number of Defaults

In 2020 the default rate for borrower's at University of Michigan-Ann Arbor was 0%, which represents 0 out of the 5134 total borrowers.

A cohort default rate is the percentage of a school's borrowers who enter repayment on certain Federal Family Education Loan (FFEL) Program or William D. Ford Federal Direct Loan (Direct Loan) Program loans during a particular federal fiscal year (FY), October 1 to September 30, and default or meet other specified conditions prior to the end of the second following fiscal year.

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Admissions

University of Michigan-Ann Arbor received 87,632 undergraduate applications in 2023, which represents a 3.97% annual growth. Out of those 87,632 applicants, 15,722 students were accepted for enrollment, representing a 17.9% acceptance rate.

There were 52,065 students enrolled at University of Michigan-Ann Arbor in 2023. 52% of first-time enrollees submitted SAT scores with their applications.

University of Michigan-Ann Arbor has an overall enrollment yield of 47.5%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

17.9%
Acceptance Rate in 2023
15,722
Accepted Out of 87,632

In 2023, the undergraduate acceptance rate of University of Michigan-Ann Arbor was 17.9% (15,722 admissions from 87,632 applications). This is higher than the acceptance rate of 2022, which was 17.7%. Between 2022 and 2023, the number of applicants grew by 3.97%, while admissions grew by 5.42%.

This chart compares the acceptance rate of University of Michigan-Ann Arbor (in red) with that of other similar universities, and the chart below shows the acceptance rate by gender.

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SAT Scores

52%
Submission Percentage (2023)
3,887
Scores Submitted (2023)

52% of enrolled first-time students at University of Michigan-Ann Arbor in 2023 submitted SAT scores with their applications.

The following chart shows the average SAT scores for the 25th, 50th, and 75th percentile of applicants for each section of the test that they are evaluated on.

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Enrollment

University of Michigan-Ann Arbor had a total enrollment of 52,065 students in 2023. The full-time enrollment at University of Michigan-Ann Arbor is 48,167 students and the part-time enrollment is 3,898. This means that 92.5% of students enrolled at University of Michigan-Ann Arbor are enrolled full-time.

The enrolled student population at University of Michigan-Ann Arbor, both undergraduate and graduate, is 45% White, 15.8% Asian, 8.73% Hispanic or Latino, 4.57% Black or African American, 4.56% Two or More Races, 0.177% American Indian or Alaska Native, and 0.0672% Native Hawaiian or Other Pacific Islanders.

Students enrolled at University of Michigan-Ann Arbor in full-time Undergraduate programs are most commonly White Female (26.9%), followed by White Male (22.7%) and Asian Female (9.25%). Students enrolled in full-time Graduate programs are most commonly White Female (21.5%), followed by White Male (16.5%) and Asian Female (5.77%).

Full-Time vs Part-Time Enrollment

92.5%
Full-Time Enrollment

The total enrollment at University of Michigan-Ann Arbor in 2023, both undergraduate and graduate, is 52,065 students. The full-time enrollment at University of Michigan-Ann Arbor is 48,167 and the part-time enrollment is 3,898. This means that 92.5% of students enrolled at University of Michigan-Ann Arbor are enrolled full-time compared with 77.9% at similar Doctoral Universities.

This chart shows the full-time vs part-time enrollment status at University of Michigan-Ann Arbor (in red) compares to similar universities.

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Retention Rate over Time

98%
2023 Retention Rate

Retention rate measures the number of first-time students who began their studies the previous fall and returned to school the following fall. The retention rate for full-time undergraduates at University of Michigan-Ann Arbor was 98%. Compared with the full-time retention rate at similar Doctoral Universities (84%), University of Michigan-Ann Arbor had a retention rate higher than its peers.

This chart shows the retention rate over time at University of Michigan-Ann Arbor (highlighted in red) compares to similar universities.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)
  1. White
    23,454 enrolled students
  2. Asian
    8,249 enrolled students
  3. Hispanic or Latino
    4,543 enrolled students

The enrolled student population at University of Michigan-Ann Arbor is 45% White, 15.8% Asian, 8.73% Hispanic or Latino, 4.57% Black or African American, 4.56% Two or More Races, 0.177% American Indian or Alaska Native, and 0.0672% Native Hawaiian or Other Pacific Islanders. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Doctoral Universities is 46.5% White, 15.9% Hispanic or Latino, and 9.78% Black or African American.

Any student who is studying in the United States on a temporary basis is categorized as a "Non-Resident Alien", and the share of those students are shown in the chart below. Additionally, 2,112 students (4.06%) did not report their race.

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Graduates

In 2023, 245 more women than men received degrees from University of Michigan-Ann Arbor. The most common race/ethnicity group of degree recipients at University of Michigan-Ann Arbor is white (7,934 degrees awarded). There were 3.4 times more white recipients than the next closest race/ethnicity group, asian (2,335 degrees).

The most common Bachelor's Degree concentration at University of Michigan-Ann Arbor is General Computer & Information Sciences (1,206 degrees awarded), followed by General Business Administration & Management (613 degrees) and General Economics (608 degrees).

In 2023,  the most specialized majors across all degree types at University of Michigan-Ann Arbor, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Engineering (2,890 degrees awarded), Natural Resources & Conservation (391 degrees), and Architecture and Related Services (222 degrees).

Common Jobs by Major

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at University of Michigan-Ann Arbor are Software developers (550,993 people), Other managers (415,937 people), Miscellaneous engineers, including nuclear engineers (386,867 people), Civil engineers (307,957 people), and Mechanical engineers (220,669 people).

The most specialized majors at University of Michigan-Ann Arbor in 2023 are Engineering (2,890 degrees awarded), Natural Resources & Conservation (391 degrees), Architecture and Related Services (222 degrees), Math & Statistics (557 degrees), and Physical Sciences (403 degrees) (as of 2023).

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Highest Paying Jobs by Major

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at University of Michigan-Ann Arbor are Surgeons, Diagnostic medical sonographers, Podiatrists, Cardiovascular technologists and technicians, and Media and communication workers, all other

The most specialized majors at University of Michigan-Ann Arbor are Engineering (2,890 degrees awarded), Natural Resources & Conservation (391 degrees), Architecture and Related Services (222 degrees), Math & Statistics (557 degrees), and Physical Sciences (403 degrees) (as of 2023).

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Common Industries by Major

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at University of Michigan-Ann Arbor are Elementary & secondary schools (5,586,329 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (3,275,256 people), Colleges, universities & professional schools, including junior colleges (2,452,532 people), Computer Systems Design (2,343,824 people), and Construction (1,303,670 people).

The most specialized majors at University of Michigan-Ann Arbor are Engineering (2,890 degrees awarded), Natural Resources & Conservation (391 degrees), Architecture and Related Services (222 degrees), Math & Statistics (557 degrees), and Physical Sciences (403 degrees) (as of 2023).

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Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by University of Michigan-Ann Arbor.
Most Common (2023)
  1. 1,206 degrees awarded
  2. 613 degrees awarded
  3. 608 degrees awarded

In 2023, the most common bachelors degree concentration at University of Michigan-Ann Arbor was General Computer & Information Sciences with 1,206 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from bachelors degree programs at University of Michigan-Ann Arbor according to their major.

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Sex Breakdown for Common Majors

8,463
Degrees Awarded to Men
in 2023
8,708
Degrees Awarded to Women
in 2023

In 2023, 8,463 degrees were awarded to men at University of Michigan-Ann Arbor, which is 0.972 times less than the number of degrees awarded to females (8,708).

This chart displays the sex disparity between the top 5 majors at University of Michigan-Ann Arbor by degrees awarded.

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Most Common Male Majors

In 2023, 1,084 degrees were awarded to men at University of Michigan-Ann Arbor in General Computer & Information Sciences, which is 2.86 times more than the 379 female recipients with that same degree.

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Most Common Female Majors

In 2023, 490 degrees were awarded to men at University of Michigan-Ann Arbor in General Business Administration & Management, which is 0.591 times less than the 829 male recipients with that same degree.

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Time to Complete

81%
100% Completion Time
94%
150% Completion Time

In 2023, 81% of students graduating from University of Michigan-Ann Arbor completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 94% completed their degrees within 150% of the normal time, and 94% within 200%.

The following chart shows these completion rates over time compared to the average for the Doctoral Universities Carnegie Classification group.

Graduation rate is defined as the percentage of full-time, first-time students who received a degree or award within a specific percentage of "normal time" to completion for their program.

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Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.
American Indian or Alaska Native Male
Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2023 at University of Michigan-Ann Arbor is Male and American Indian or Alaska Native (100% graduation rate). Across all Doctoral Universities, Non-resident Alien Male students have the highest graduation rate (65.7%).

The department of education defines graduation rate as the percentage of full-time, first-time students who received a degree or award within 150% of "normal time" to completion.

The National Center for Education Statistics (NCES) categorizes any student who is studying in the United States on a temporary basis as a "Non-Resident Alien", and the graduation rate of those students is shown in the chart below. Additionally, 5.5% of graduates (349 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2023)
  1. White
    7,934 degrees awarded
  2. Asian
    2,335 degrees awarded
  3. Hispanic or Latino
    1,059 degrees awarded

The most common race/ethnicity at University of Michigan-Ann Arbor is white (7,934 degrees awarded). There were 3.4 times more white recipients than the next closest race/ethnicity group, asian (2,335 degrees).

4.04% of degree recipients (694 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic (2023)
  1. White Female
    4,276 degrees awarded
  2. White Male
    3,658 degrees awarded
  3. Asian Female
    1,195 degrees awarded

The most common race/ethnicity and sex grouping at University of Michigan-Ann Arbor is white female (4,276 degrees awarded). There were 1.17 times more white female recipients than the next closest race/ethnicity group, white male (3,658 degrees).

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Operations

University of Michigan-Ann Arbor has an endowment valued at nearly $17.6B, as of the end of the 2023 fiscal year. The return on its endowment was of 1.07B (6.08%) compared to the 4.37% average return (19M on 434M) across all Doctoral Universities.

In 2023, University of Michigan-Ann Arbor had a total salary expenditure of 12.4B. University of Michigan-Ann Arbor employs 1,212 Professors, 944 No academic ranks and 652 Assistant professors. Most academics at University of Michigan-Ann Arbor are Male Professor (804), Male No academic rank (588), and Female Professor (408).

The most common positions for non-instructional staff at University of Michigan-Ann Arbor are: Computer, Engineering, and Science, with 2,719 employees, Business and Financial Operations, with 2,410 employees, and Office and Administrative Support with 1,649 employees.

Endowment

$17.6B
2023 Endowment
3.11%
growth from 2022

University of Michigan-Ann Arbor has an endowment valued at about $17.6B, as of the end of the 2023 fiscal year. The endowment of University of Michigan-Ann Arbor grew 3.11% from the previous year. The value of their endowment was $17.2B higher than than the median endowment of Doctoral Universities according to the Carnegie Classification grouping.

This line chart shows how the endowment at University of Michigan-Ann Arbor (in red) compares to that of some similar universities.

The small bar chart below shows the endowment quintiles for all universities in the Doctoral Universities: Highest Research Activity Carnegie Classification grouping.

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Salary Expenditure

$5.7B
2023 Salaries
22.5%
growth from 2022

In 2023, University of Michigan-Ann Arbor paid a median of $5.7B in salaries, which represents 45.9% of their overall expenditure ($12.4B) and a 22.5% growth from the previous year. This is compared to a 6.12% growth between 2021 and 2022, and a 0.452% growth between 2020 and 2021.

The median for similar Doctoral Universities is 246M (41.5% of overall expenditures).

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Instructional Salaries

$515M
Instructional Salaries
3,989
Number of Employees

In 2023, University of Michigan-Ann Arbor paid a total of $515M to 3,989 employees working as instructors, which represents 9.04% of all salaries paid.

This is compared to a median of $6.13M (2.35%) for similar Doctoral Universities.

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Occupations by Share

Professor
Most Common Instructor
1,212 Employees
Computer, Engineering, and Science
Most Common Non-Instructional Employee
2,719 Employees

In 2023, the most common positions for instructional staff at University of Michigan-Ann Arbor were Professor with 1,212 employees, No academic rank with 944 employees, and Assistant professor with 652 employees.

In 2023, the most common positions for non-instructional staff at University of Michigan-Ann Arbor were Computer, Engineering, and Science with 2,719 employees, Business and Financial Operations with 2,410 employees, and Office and Administrative Support with 1,649 employees.

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Instructors by Academic Rank and Sex

Most Common Demographic (2023)
  1. Male Professor
  2. Male No academic rank
  3. Female Professor

In 2023, the most common demographic for instructional staff at University of Michigan-Ann Arbor was Male Professor with 804 employees, Male No academic rank with 588 employees, and Female Professor with 408 employees.

This chart shows the sex split between each academic rank present at University of Michigan-Ann Arbor.

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