Manage the cost of college.
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How much will it cost to attend CMU?


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2019-2020 annual cost
for incoming freshmen
$25,143*


Estimated cost per year includes:

  • $12,510 for tuition

  • $10,328 for room and board

  • $1,000 for books and supplies

  • $855 for travel, personal and miscellaneous expenses

  • $450 for student service fee

*This figure is for incoming undergraduate students in the 2019-20 academic year, based on a 15-credit-hour per semester load and a standard residence hall and unlimited flex meal plan. View full tuition and fees.


That's a lot of money.

Yes, it is. It’s also an investment in your future. More than 18,000 employers recruit CMU students and more than 9 in 10 CMU graduates are employed or are pursuing advanced schooling within six months of graduating. The education you get at CMU will last a lifetime.


I see the value, but are there ways I can still pay less?


Yes. CMU has increased financial aid to students by 87 percent since 2010. Roughly 85 percent of all CMU students receive some type of financial aid or scholarships. This means you may pay less than you think.


There are ways, other than scholarships and financial aid, to reduce your debt, too.


  • Graduate in four years or less, which lowers your housing costs and gets you into the job market sooner. Learn how other students have done this.

  • Select a different meal plan option. The rate above is based on an unlimited meal plan option, the highest CMU offers. Sure, we have great food on campus, like two Mongolian grills for example, but that doesn’t mean you need an unlimited plan. Selecting a lower option could save you up to $1,000 per year.

  • Apply for a part-time job, which will improve your budget and your résumé. You CAN work and go to school at the same time. In fact, find out why an on-campus job is a good thing.

  • Be smart about student loans. Borrow only what you need for educational expenses. Get tips for tackling student loans.

  • Be strategic about the classes you take. Professors, other students and advisors can help you make smart decisions. Schedule an appointment with an advisor for help deciding what classes will meet your goals.

  • Apply for a full-time job during the summer months to help pay for school and gain work experience. CMU’s student employment services can help you find one. Check their job postings to see open positions.


What about other expenses? How can I manage my own budget?

We know there are more costs to college than just tuition. It's important to understand and manage your finances as a student. We are dedicated to giving you the tools to set a budget, save money, understand credit and manage student loans.

I want to be frugal

 

How do you determine MY cost?


Piggy Bank

$25,143 per year. Think of this like the sticker price. It’s a big number, but most families won’t pay this full amount directly out of pocket.

Scholarships and grants

First, we subtract scholarships and grants. CMU distributes more than $290 million in financial aid including institutional scholarships, federal loans, Pell grants, work-study and other funds.

Loans

Next, we subtract student loans. You will have to pay back student loans, but borrowing can ease the up-front cost and allow you to budget your tuition expenses.

Other aid

Then we look at other aid such as prepaid tuition plans.

Actual cost

We arrive at your actual cost, which often is significantly less than the sticker price and can even be $0 depending on scholarships and other aid you receive.



That looks good, but I still don’t know how much I’ll actually pay.


Calculator


You’re right. The actual cost of CMU is different for each family depending on everything listed above.

Use our net price calculator to estimate YOUR cost.



I’ll probably graduate with $100,000+ in loans, right?


NO! CMU students who borrow money have an average student loan debt of $27,000. That’s a whole lot less than the six-figure amounts you may hear about.




Graduation Cap

How will I pay it back?



CMU grads are successful.

  • CMU students are ready for the real world, with nearly 70 percent gaining hands-on experience through volunteering and community service.

  • 56 percent of CMU students participate in internships, clinical training and student teaching, by the time they graduate – great preparation for after they leave. And it helps them stand out from their peers.

  • CMU students develop a great work ethic, with 39 percent of students working for pay on campus and 46 percent reported working off campus.

  • More than 18,000 employers recruit students through CMU's Career Development Center each year.

  • 92 percent of students who graduate from CMU either are employed or pursuing an advanced degree one year after completing their undergraduate education.

  • The average early career salary (0-5 years) for a CMU graduate is $47,800. That jumps to $81,600 average annual salary for CMU grads with 10+ years of experience.

Our best advice? Pursue internships and hands-on extracurricular activities. Get involved with student organizations. Work with our Career Services staff from the time you're a freshman. And all through school, talk with faculty and alumni about career opportunities. You'll find a career.



Why should I choose CMU?



1. Your education is tailored to your interests.

Learning at CMU is all about you and your future. With approximately 200 undergraduate academic programs on campus and many more online and at 30 locations across the U.S. and Canada, we provide the training, information and services you need. You choose how you'll use them.

Interests


2. You’ll become a leader.

CMU offers more leadership programming than any other university in the nation, including Leadership Safari and Michigan’s first leadership minor. You’ll learn to speak up, be an effective team member, focus on solutions, be a good communicator, engage others and care for the communities in which you work and live.

Leadership


3. You’ll gain real-world experience.

You’ll gain relevant hands-on experience that will prepare you to succeed in your chosen field. You’ll find a student organization for every area of study, and there are opportunities that range from research as an undergraduate, to completing an internship, to studying abroad. Employers value these experiences.

Real-world experience


4. You’ll be more than a number.

Students and alumni describe CMU as a big university with a small-campus feel. That means you’ll learn at a nationally ranking university where faculty, staff and other students take an active interest in you and your goals.

More than a number


It’s how we help you put your stamp on the world.





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