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Reply to "Michigan Early Decision - Any Early Anecdotes?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Like a lot of the public flagship colleges, OOS students subsidize in state students. Some are limited by policy, others welcome as many full pay students as they can. Michigan has almost 40,000 undergraduates which allows it to admit a large cohort of lower stat students (roughly 75% of Michigan students don't submit an SAT or score below 1360) It is a win win for the university. It gets more dollars and gives more access to lower perfoming students.[/quote] ^this. UVA does the same for OOS. At University of Virginia, the total cost is $44,180 for in-state students and $81,969 for out-of-state students. UMich OOS costs about the same OOS UVA. UMich>UVA in a lot of program.[/quote] UVA offers OOS students need-based financial aid. UMich does not.[/quote] Both UVA and UMich offer need-based aid to OOS students. UVA promises to meet full need OOS, whereas UMich does not. Both are need-aware for OOS admission.[/quote] The effect of this is that if a family makes $100k and their student is accepted to both UVA and Michigan OOS, they will receive substantial grant aid from UVA, and nothing (other than federal loans and work study) from Michigan.[/quote] That is not accurate. UMich is apparently choosey about who it offers full aid to, but it will offer full need-based aid to [i]some [/i]low income OOS students. Try the Net Price Calculator. The caveat with UMich is that anecdotes from last admission season sound like UMich may be offering less than in the past. By reputation, no public university, including UVA, will offer aid as generous as a private, when it comes to net prices. UVA and UNC theoretically meet full need but will define that differently.[/quote] Adding, following last season, it would not surprise me if UMich stopped offering need-based aid OOS. I was posting mostly to clarify that UMich indeed is one of the exceptions to the rule that public universities do not offer institutional grants to OOS students.[/quote]
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