<p>According to UM’s CDS, 29% (1784/1624) of freshmen received any need based grant aid. Loans don’t really count as aid. And kids can get jobs with or without workstudy. Grants are what really count. These numbers are not broken down by in-state/out-of-state, but it can’t be the case that 70% in-state and 50% out-of-state get grants. The math wouldn’t work. So must be a LOT of loans.</p>
<p>Also 18% of students get merit scholarships averaging $5,000.</p>