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#10 Best Public Universities in Michigan

CMU Tuition & Cost

Mount Pleasant, Michigan

 3 Reviews

How much does it cost to attend?

In State Michigan Resident Sticker Price

$26,370
In State Costs for Central Michigan University
Fee Cost
Tuition$12,750
Books and Supplies$1,000
Other Fees$450
Room and Board $10,920
Other Expenses Budget$1,250

Out of State Resident Sticker Price

$26,370
Out of State Costs for Central Michigan University
Fee Cost
Tuition$12,750
Books and Supplies$1,000
Other Fees$450
Room and Board $10,920
Other Expenses Budget$1,250

In-State Tuition

In-state tuition at Central Michigan University for undergraduate students residing in Michigan is $12,750. Room and board charges total $10,920 per year. Students will also need to budget for books and supplies, which typically amount to $1,000 annually. Other administrative or academic fees are $450 for the year. Additionally, students should plan an estimated $1,250 for other miscellaneous expenses throughout the year. In sum, residents attending Central Michigan University full time should expect a total annual cost of $26,370.

Out-of-State Tuition

Undergraduate tuition at Central Michigan University is $12,750 for out-of-state students. Additionally, out-of-state students are charged $10,920 for room and board, $1,000 for textbooks and educational resources, plus fees of $450. Students are advised to budget $1,250 for other expenses. When these costs are combined, annual out-of-state charges total $26,370. This figure is 0% higher than what Michigan residents pay.

All price data is sourced from the 2021/2022 U.S. Department of Education National Center for Education Statistics survey.

Net Price

The average reported annual net price for Central Michigan University for students receiving grants or scholarship aid was $15,758 in 2019/2020. Net price includes tuition and required fees, books and supplies, and average cost for room and board and other expenses

The net price provides a more realistic estimate of the true cost of attending Central Michigan University, once common grants and scholarships have been taken into account. It's important to note that this net price can fluctuate based on factors such as family income and individual financial need.

Average Net Price 2019/2020

$15,758
Net Price by Income Central Michigan University
Family Income Net Price Paid
$0 to $30,000$10,805
$30,001 to $48,000$12,346
$48,001 to $75,000$15,720
$75,001 to $110,000$18,135
$110,000+$18,725
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Financial Aid

97% of full-time undergrad Central Michigan University received financial aid in the form of grants, scholarships, fellowships from the institution or from Federal, State or local government agencies. This aid averaged $10,207 per student during the 2019/2020 school year. Grant and scholarship aid does not need to be paid back. 77% of students received Federal Student Loans averaging $6,533 and 10% of undergrads took out private student loans averaging $7,742.

Finanical Aid Central Michigan University
Type Avg./Student Students Receiving
Total Grant and Scholarship Aid $10,207 97%
Institutional Grants and Scholarships $8,287 88%
Pell Grants $4,922 35%
Other Federal Grants $624 69%
State and Local Grants $1,169 6%
Federal Student Loans $6,533 77%
Other Student Loans $7,742 10%

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to Central Michigan University, we've modeled a ten year student loan with an original principal value of $51,672. The loan balance of $51,672 is a four year multiple of the $12,918 average net price. This is a estimate of what you could owe upon graduation if you were to qualify for average financial aid and what a degree really may cost. Should you not qualify for financial aid, you may owe significantly more when you graduate. Based on these assumptions, a monthly repayment of $548 could be required to satisfy your student loan.

Please note that financial aid is not guaranteed and is only available for qualifying students. Federal Student Loans are not grants and must be repaid with interest. The current Stafford loan interest rate is 4.99%.

Example Loan $51,672
Stafford Loan Interest Rate 4.99%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $547.81
Total Interest Paid $14,065.10
Sum of All Loan Payments $65,737.10

Projected 4 Year Degree Price

4 Year Sticker Price

$105,480
Year Michigan Residents Non Residents
1 $26,370 $26,370
2 $26,630 $26,630
3 $26,893 $26,893
4 $27,159 $27,159

Based on published tuition prices, we estimate the current cost of a 4 year bachelor's degree and living expenses at Central Michigan University to be $105,480 - assuming graduation in normal time. The estimation assumes a 1% annual increase over the next 4 years which has been the recent trend for this school.

Credit Hour Cost and Price per Class

Credit Hour and Class Costs at Central Michigan University
Price Per Credit 3 Credit Class 4 Credit Class
Out of State Residents $436 $1,308 $1,744

Estimated cost for a class at Central Michigan University based on published credit hour prices. Note that not all schools allow single class enrollment. These prices should be used for comparison purposes as to how much it may cost to take a class at Central Michigan University versus other colleges.

Tuition Payment Plans Available

Central Michigan University Payment Plans
Tuition Payment Plan Yes
Prepaid Tuition Plan No
Alternative Tuition Plan Yes
Guaranteed Tuition Plan No

Costs for Similar Colleges 

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Primary data source, U.S. Department of Education https://nces.ed.gov/collegenavigator/?id=169248 IPEDS survey data for Central Michigan University.