<p>Don’t worry about that amount of debt.</p>
<p>Yes, your FA package as a transfer will likely include:</p>
<p>$7500 in Stafford loans
(maybe) a couple thousand in Perkins loans.</p>
<p>HOWEVER, you shouldn’t have to pay $5k per year. So, use summer earnings to borrow less.</p>
<p>In the end, if you do have to borrow $18k total for two years, then that is a manageable amount. Worth it for a UMich education.</p>