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The University of Michigan (U-M, UMich, ... Student tuition and fees contributed $1.95 billion to the General Fund, accounting for 11% of the total budget. [164]
Tuition and fees do not include the cost of housing and food. For most students in the US, the cost of living away from home, whether in a dorm room or by renting an apartment, would exceed the cost of tuition and fees. [7] [9] In the 2023–2024 school year, living on campus (room and board) usually cost about $12,000 to $15,000 per student. [7]
Tuition at Michigan for the 2020–2021 academic year is $63,680 for residents of the state of Michigan and $66,680 for non-residents. The estimated cost of living for a Michigan student is $21,900. Assuming no tuition increases, a typical three-year course of study at Michigan therefore costs $256,740 (or $85,580 per year) for residents and ...
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Estimated cost: Ideally 10 to 20 percent of your income Bottom line Entering your first year of college can be intimidating, especially as you navigate the financial requirements.
If it seems like college keeps getting more and more expensive, it's because it truly is -- and the price hikes are outpacing inflation by a long shot. When Gen X began attending college in the ...
The new hospital was the most expensive building project in University of Michigan history and one of the most expensive construction projects in state history. Of the $754 million cost, the university financed $588 million through tax-exempt bonds, $91 million through cash reserves from hospital operations, and $75 million through fundraising.
At Georgia State, athletic fees totaled $17.6 million in 2014, from a student population in which nearly 60 percent qualify for Pell Grants, the federal aid program for low-income students. The university contributed another $3 million in direct support to its sports programs.