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Cost/BudgetsCost is a factor for most students planning for college. While the amount of tuition is a major consideration, there are other cost components used in developing a budget or cost of attendance for financial aid purposes. The Office of Financial Aid uses an average tuition amount for each budget category and each enrollment status. At the University of Michigan–Dearborn, there is no residential housing, yet students are surprised to see a housing allowance in their budget. Whether you live on campus, in an apartment or with your parents, there are certain living costs involved and the OFA includes a room and board allowance in all budgets to help represent these costs.
It is important to remember that when the Office of Financial Aid establishes a budget for the purpose of awarding financial aid, it may not reflect all of the actual costs incurred by each individual student. The budgets established by the Office of Financial Aid represent a modest, but adequate expense allowance for the students at the University of Michigan-Dearborn. Even though the budgets used are estimated costs, they can be a valuable resource in planning your personal budget and forecasting your costs of attendance at the University. You can view actual budgets that are organized by tuition charges by clicking on the highlighted categories below. Each budget category reflects each enrollment status ranging from half-time to full-time. Budgets for less-than-half-time enrollment status are included only for undergraduate students enrolled in eligible university internship programs.
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