/ Financial Aid

Cost of Attendance

Each year the Office of Financial Aid creates a Cost of Attendance (COA). The COA represents an estimate of average expenses a student may have for the academic year. It also represents the maximum amount of financial aid you can utilize for the academic year.

A COA includes direct expenses such as tuition, housing and food, and indirect expenses such as books, transportation and personal expenses.

  • Direct expenses are items that appear on a billing statement.
  • Indirect expenses do not appear on a billing statement but should be considered in your budget to attend. 

The COA is based on full-time enrollment and will be adjusted for students with less than full-time enrollment. Your eligibility for need-based financial aid is determined by reviewing your FAFSA data and your COA. 

View tuition costs, room rates and meal plan costs 

The figures listed below are an estimate of average expenses a student may have for the academic year. These averages are used to determine your eligibility for financial aid. 

2024–25 Cost of Attendance

  Incoming Students
(2024 Cohort)
Returning Students
(2023 COHORT)
Returning Students
(2022 Cohort)
Returning Students
(2021 CoHORT Or EARLIER)
ANCHORED Tuition $41,500 $39,990 $37,990

$36,300

Activity & Services Fee $470 $470 $470 $470
Living Expenses
(Food& Housing)*
$12,950 $14,330 $14,330

$14,330

Books, Course Materials, Supplies & Equipment ** $1,190 $1,190 $1,190 $1,190
MiscEllaneous Personal Expenses  $1,680 $1,680 $1,680 $1,680
Transportation

$420 (Michigan Resident)

$1,030 (Out of State Resident)

$420 (Michigan Resident)

$1,030 (Out of State Resident)

$420 (Michigan Resident)

$1,030 (Out of State Resident)

$420 (Michigan Resident)

$1,030 (Out of State Resident)

Federal Student Loan Fees *** $40 $40 $40 $40
Total $58,250–$58,860 $55,830–$56,420 $55,180–$55,770 $53,490–$54,080

* Students who are not residing in on-campus housing have an average living expenses allowance of $3,560. 

** A reasonable allowance for a computer rental or purchase may be included upon student request. Contact the Office of Financial Aid to discuss your situation. 

*** The average federal loan fee is included for students receiving federal loans of any kind.

Cost for Professional  Licensure, Certification or a First Professional Credential

Students with declared majors in programs that require a professional licensure, certification or a first professional credential for employment in the field of study will have an average cost of the licensure, certification or first professional credential included in their estimated COA.

Academic Programs & Average Licensure Costs

EDUCATION $409
SOCIAL WORK $275
Nursing $228

Additional Costs

Upon request, a student may request an adjustment to their COA for costs associated with dependent care, disability-related expenses, study abroad expenses and cooperative education costs. Contact the Office of Financial Aid to discuss your situtation.