Going by your own list, Michigan pros 4 cons 2 UMD pros 6 cons 2…
As for scholarship $, a friend’s son turned down a HUGE OOS scholarship to attend an IS school. Why? As mom explained, the scholarship money is conditional and there was no way to guarantee the $ (even though her son is brilliant) as you never can predict unexpected circumstances that might factor into things. If that happened, they couldn’t afford the tuition, so they didn’t want that kind of pressure.
Another con for Michigan - travel expense/ability to come home easily