An allowance for Guideline Budget represents expenses for the student only. Spouses are not covered in the budget. An allowance for dependent children may be included depending on the results of the Federal need analysis formula. 2008- 2009 ESTIMATED GUIDELINE BUDGET FOR STUDENTS
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(Annual figures vary according to length of academic year)
Mandatory health insurance costs are not included in this budget. Health insurance costs may be funded through outside sources upon request.
* Includes estimated 5% tuition increase for residents and 6% for non-residents over 2007-2008 rates. Actual tuition will be set by the Regents of the University of Michigan in July 2008. If tuition is less, the budget will be adjusted to reflect the decrease. Financial aid monies will be reduced from the second disbursement (Winter 2009) of financial aid.
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** Guideline budget includes additional $740 transportation allowance for non-residents.
*** Guideline budget includes an additional $300 for M3 students for required PDA.
THIS BUDGET IS SUBJECT TO CHANGE
1/8/08
Rev. 2/14/08
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