Is UMich a good choice for OOS students?

ucbalumnus
Fri, 18 Jul 2014 01:50:37 +0000

Perhaps slight differences in age of the student and parents (I used 1996 and 1966 as the birth years), student’s major (I used engineering), etc. cause slight variations in the threshold income where the “financial aid cliff” occurs?

You can try a few thousand dollars lower to see if you can find the “financial aid cliff”.

In any case, even the lowest income families may have reason to pause before sending their kids to Michigan. What if, while attending college, the family’s income increases from $25,000 to $35,000, for example, resulting in falling off the “financial aid cliff”?