<p>Hi, this is my first post but I've been here so much lately reading the posts. I have a question. My son received a letter today awarding him the "Michigan Tradition Award." It's for 40k. We're in-state. Is that considered a "good" scholarship?</p>
<p>Thanks!</p>
<p>Any money is good money! ;) (Is it from UM or MS? per year, or 10k per year? Just curious.... It's all good.)</p>
<p>It's 10k per year and it's from University of Michigan. And you're right any money is good money. I'm just curious because one of his friends told him that it's a "full ride."</p>
<p>How much would UofM be otherwise - tuition+housing?</p>
<p>Tuition for UofM would be very different between in-state and out-state students. 10k per year (40k for four years) can certainly be a full ride for an in-state.</p>
<p>Tuition and fees: $10341 in-state. This was his first award letter and he's applied for other scholarships - that we should hear about at the end of this month.
The waiting IS the hardest part:-)</p>
<p>The following are the costs from their website. The 10K/year scholarship is a good one and congrats to your S. It's essentially a 'full-ride' for tuition but there'll be other costs in housing (unless he commutes) and books, etc. Regardless, it's a good scholarship.</p>
<p>Tuition & Fees - $10,447
Room & Board - $8,518
Books & Supplies - $1,048
Personal & Miscellaneous - $2,054
Total Budget - $22,067</p>
<p>Thank you so much ucsd_ucladad. I appreciate you posting that info. I get more nervous for my S than he does about this stuff. Thanks again!</p>
<p>congratulations on the scholarship!</p>