<p>Total COA at Michigan will be $24,167. My guess is your EFC will be a bit lower than that, somewhere around $15,000, give or take a few thousand (depending on how much savings and other assets your parents have, siblings at home, etc). </p>
<p>I believe Michigan meets 100% of need for in-state students but that could include a loan and/or self-help (work/study) award. They also have some merit scholarships, more for in-state than for OOS students, and I should think with your stats you’d be in the running for some of those. It’s possible your net cost could be lower at one of the top privates, should you get in. I wouldn’t count on it at Carnegie Mellon which isn’t known for generous FA, but you never know until you see the award. But MIT or Cornell might come through with a larger all-grant award. Or not, as they’ll use the “institutional method” to calculate EFC which considers other assets (e.g., net home equity) and usually comes out with a different EFC figure, sometimes higher, sometimes lower, depending on individual circumstances.</p>