B-SCHOOL & PROGRAM BASICS
University of Michigan is a public institution. Its undergrad business program was founded in 1943 and is accredited by AACSB
| Summer 2006 classes begin |
07/05/2006
|
| Fall 2006 classes begin |
09/05/2006
|
| Spring 2007 classes begin |
05/01/2007
|
| Summer 2007 classes begin |
06/27/2007
|
Enrollment
| Total undergraduate business school enrollment | 364 |
| Total full-time undergraduate business students | 364 |
| Total part-time undergraduate business students | N/A |
| Total distance undergraduate business students | N/A |
STUDENT PROFILE: MOST RECENT ENTERING CLASS
| Female students in class | 40 |
| International students | 12 |
| Married students | N/A |
For U.S. schools only: |
| African American students | 4 |
| Alaskan Native of Pacific Islander American students | 1 |
| Asian American students | 20 |
| Mexican American students | N/A |
| Puerto Rican students | N/A |
| Other Hispanic American students | 5 |
| White (non-Hispanic) students | 56 |
| Multiethnic/Multiracial students | N/A |
| Not reported | 11 |
| Other | 1 |
North American students by region:
| Canada | N/A |
| Mid-Atlantic U.S. | 3 |
| Midwest U.S. | 59 |
| Northeast U.S. | 15 |
| South U.S. | 2 |
| Southwest U.S. | 2 |
| U.S. Possessions and territories | 0 |
| West U.S. | 4 |
12.00% of students are nationals of a country outside the U.S.
CLASS TRAITS: MOST RECENT ENTERING CLASS
| Required standardized tests |
SAT, ACT
|
SAT Scores for full-time entering business students
|
| Average
|
1332
|
| Median
|
1330
|
| Range (Middle 80%)
|
From 1210 to 1460
|
| Minimum SAT Score
|
N/A
|
| |
ACT Scores for full-time entering business students
|
| Average
|
29
|
| Median
|
29
|
| Range (Middle 80%)
|
From 26 to 32
|
| Minimum ACT Score
|
N/A
|
| |
| Minimum High School GPA |
N/A
|
| Does the school require an entrance exam? |
No
|
|
|
| Student Age (years) |
|
| Average |
20
|
| Median |
20
|
|
|
| For Internal Transfers |
|
| Minimum overall college GPA |
N/A
|
Additional application requirements
N/A
|
ADMISSIONS
| University Application fee (resident) | $55.00 |
| University Application fee (nonresident) | $55.00 |
| University Application fee (non-resident transfers) | $55.00 |
| |
| Business program application fee (freshman resident) | $N/A |
| Business program application fee (non-resident freshman) | $N/A |
| Business program application fee (internal transfers resident) | $N/A |
| Business program application fee (internal transfer non-resident) | $N/A |
The business program's admissions office manages admissions to the business program
698 people applied to undergraduate programs for the 2005 academic year. The school accepted 54.00% (selectivity) of those applicants, and 96.00% of admitted applicants (yield) enrolled.
0% of applicants had applied in prior years, and of those reapplicants 0% were accepted.
The university placed 207 applicant(s) on its wait list. 99 wait-listed applicants were admitted to the semester for which they applied.
Business program does not admit freshmen
Freshmen apply N/A
Internal transfers apply Separate application
N/A freshmen (admitted and denied) sought full-time admission to the business program for the 2005-2006 academic year.
N/A% of these applicants were admitted to the program and N/A% of admitted students enrolled.
N/A% internal candidates (admitted and denied) sought full-time admission to the business program for the 2005-2006 academic year. N/A% were admitted to the program.
Applicant Profile
| Female applicants | 37 |
| International applicants | 16 |
Interviews for applicants are
not offered
Additional application requirements (including those for international students):
N/A
COSTS
Annual Total Program Costs
(including all tuition and required fees, for full-time students)
| Resident U.S. | $21,143.00 |
| Non-resident U.S. | $40,401.00 |
| Room and Board | $7,374.00 |
| Books | $980.00 |
| Other Expenses | $2,076.00 |
Tuition per credit hour (U.S. dollars)
| Resident | $10,713.00 |
| Nonresident | $29,971.00 |
2006-2007 DEADLINES
| University Application deadlines for: |
| Summer 2006 | N/A |
| Fall 2006 | 02/15/2006 |
| Spring 2007 | N/A |
| Summer 2007 | N/A |
|
| Business Program deadlines for: |
| Summer 2006 | N/A |
| Fall 2006 | 02/02/2006 |
| Spring 2007 | N/A |
| Summer 2007 | N/A |
|
| Financial Aid deadlines for: |
| Summer 2006 | 07/21/2006 |
| Fall 2006 | 04/30/2006 |
| Spring 2007 | 05/18/2007 |
| Summer 2007 | 07/20/2007 |
FINANCIAL AID
The university financial aid office manages financial aid for the business program
Total scholarship money distributed to business students through the financial aid office (June 30, 2004-June 30, 2005) $1,462,745.00
Total scholarship money to be distributed through the financial aid office (June 30, 2005-June 30, 2006) $1,522,721.00
Scholarships are awarded to students in the business program based on a combination of need and meritmerit = 3.3 and above GPA; need = FAFSA
| Scholarships in the 2005-2006 academic year |
| Business students receiving scholarships | 217 |
| Business students receiving full-tuition scholarships | 0 |
| Need-based scholarships | 17.00% |
| Merit-based scholarships | 54.00% |
How do applicants apply for scholarships?
uses admissions application
The school does not offer a guaranteed loan to all business students (regardless of nationality)
The maximum amount a business student can borrow per year is:
$N/A
The average outstanding debt among 2005 business program graduates is:
$20,470.00
CONTACTS
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