<p>I'm an OOS student just accepted to Umich. I have examined some of the posts and felt it a good place, however, the heavy OOS tuition gives quite a burden.</p>
<p>How do preceding students manage their personal finance? Do Umich really give some scholarship? Do part-time job help? </p>
<p>Just hope someone can offer some advice!!! It's really been troublesome.</p>
<p>It isn't that my parent can't afford that, but the economy is giving a knock and the food price. I feel like being selfish and dependent and ....hope you understand!</p>
<p>I may be in sort of the same boat as you. There seems to be a strong reputation of UM exploiting OOS to cover the costs of keeping such quality programs and in so many areas. I'm sure they will give you what you need. It will still probably cost alot more than instate. I'd like cost to be brought within a somewhat reasonable realm for my middle class family to pay. I'm feeling optimistic. UM is my top school.</p>
<p>I may be in sort of the same boat as you. There seems to be a strong reputation of UM exploiting OOS to cover the costs of keeping such quality programs and in so many areas. I'm sure they will give you what you need. It will still probably cost alot more than instate. I'd like cost to be brought within a somewhat reasonable realm for my middle class family to pay. I'm feeling optimistic. UM is my top school.</p>
<p>OOS students finance their education at Michigan like students at any other university. Some get scholraships, some get financial aid, some take out loans, some work and some get help from their folks. Typically, most OOS students (and many in-state students) come from upper middle income and upper income families that can finance the bulk of the education. However, many students do come from middle income and lower income families that cannot afford the high cost and manage just fine through a combination of factors I listed above.</p>
<p>One of public schools' problem is the too much privilege for in-state and limit what an OOS can acquire. I guess there are very few scholarships for undergraduates. So does that mean I have to strive for best score with all effort, cuz an internship doesn't really help much?</p>
<p>Or that I shall do as a common In-state and only win back what I pay when I graduate?</p>
<p>We contacted the Michigan financial aid office to discuss options as an OOS family. They were very helpful and outlined a "typical" package for our EFC. I would suggest that you do the same.</p>
<p>We're OOS that didn't qualify for aid. We pay half of the year's tuition and expenses through the monthly payment plan...really a great option if you can use it. The other half we had our D take loans for, but we're going ahead and starting to make the payments now (they are very low). </p>
<p>My H and I see education as an investment and we are very happy with the quality of it that our D is getting at U Mich. When she spends an hour on the phone with me excitedly explaining the discussion in one of her classes and how brilliant her prof is...it makes it worth it.</p>
<p>Too much privilege for an in-state?
Please remember that those of us living in Michigan contribute substantially to the University of Michigan's budget via our income taxes, and in my case, the taxes our business pays. Please note that the "out of state cost" is essentially (or supposed to be) what it actually costs to deliver the education (if you haven't already paid part via taxes in Michigan : ) It is, in that regard, comparable to privates such as NYU, Princeton, et al (except about $10 k cheaper all in...a fair deal! And of course, not quite as selective as the Ivies, because frankly, it's larger.)</p>
<p>Don't get me wrong -- I would love to see every family from every walk of life and every state be able to afford U of M (and if our tax structure were different and federalist like Canada, indeed that would be the case...but they PAY for that in federal income tax rates!) I also feel fortunate to live in a state that is home to an awesome public institution such as U of M. But please don't begrudge those eligible for in-state tuition rates and aid. So long as state rights trump the post-secondary funding mechanism in America and so long as it's a public institution, there's not really any other way. It needs to remain accessible to home state students (presently 2/3rd of the student population)...so long as the state holds up its end of the bargain and continues to supply funding (which is a whole other kettle of fish.)</p>
<p>Long story short is that the Michigan kids are <em>not</em> riding on your coattails fiscally. Our families are just paying it a different way -- the same way my family would pay if my son attended a state school in YOUR state.</p>
<p>Too much privilege for an in-state?
Please remember that those of us living in Michigan contribute substantially to the University of Michigan's budget via our income taxes, and in my case, the taxes our business pays. Please note that the "out of state cost" is essentially (or supposed to be) what it actually costs to deliver the education (if you haven't already paid part via taxes in Michigan : ) It is, in that regard, comparable to privates such as NYU, Princeton, et al (except about $10 k cheaper all in...a fair deal! And of course, not quite as selective as the Ivies, because frankly, it's larger.)</p>
<p>Don't get me wrong -- I would love to see every family from every walk of life and every state be able to afford U of M (and if our tax structure were different and federalist like Canada, indeed that would be the case...but they PAY for that in federal income tax rates!) I also feel fortunate to live in a state that is home to an awesome public institution such as U of M. But please don't begrudge those eligible for in-state tuition rates and aid. So long as state rights trump the post-secondary funding mechanism in America and so long as it's a public institution, there's not really any other way. It needs to remain accessible to home state students (presently 2/3rd of the student population)...so long as the state holds up its end of the bargain and continues to supply funding (which is a whole other kettle of fish.)</p>
<p>Long story short is that the Michigan kids are <em>not</em> riding on your coattails fiscally. Our families are just paying it a different way -- the same way my family would pay if my son attended a state school in YOUR state.</p>
<p>Glad to see your reply. I appreciate your suggestion and it seems the best solution ever is to work hard, which always benefit, right?</p>
<p>And I am aware that In-state students are entitled to pay less. For student from a poorer family will inevitably face numerous barriers. </p>
<p>And what I didn't put clearly is that I am an international student. Things become quite different when it comes to me. Very few loans and far less privilege. </p>
<p>I applied math in LSA and I guess everything can be a mess for the first couple of months. Many wouldn't even understand their professors, esp. proffessors from Asia if have any. Despite of this I take pride in all this, and for god's sake I wish I can make friends with some native.</p>
<p>I think a big problem is that kids feel so entitled to things - you got accepted, but that doesn't mean the school should have to throw a big chunk of money at you. There are ways to pay for your education at Michigan - loans, grants, scholarships, job, etc. If you aren't getting the free money to come here, please don't go crying to everyone else that pays the money. I can think of much cooler things to do with $50,000 than paying tuition bills (not my parents' money either...probably 80% of that is money that I have earned since I was a freshman) </p>
<p>If you feel like the loans to pay for U-M are a good investment, go for it. If not, there are plenty of schools out there that will be more affordable. And hey, keeping off that additional debt might be a better choice than a U-M degree. You'll have to think about these things when making your decision. High school is over, welcome to the real world.</p>
<p>Henry, you should have known before applying that Michigan does not give any aid or scholarships to international students. It is made pretty clear on the website.</p>