Tuition, Scholarships, and Financial Aid
The University of Michigan-Dearborn has a long-standing commitment to making higher education accessible and affordable.
We encourage current and prospective undergraduate students to visit the Office of Financial Aid website to explore the many different types of grants, loans, and scholarships available to University of Michigan-Dearborn students.
The university estimates your cost of attendance depending upon whether you qualify as an in-state or out-of-state resident.
Average Cost of Attendance
If your application, circumstances, or activities suggest you have out-of-state activities or ties, you will be required to apply for classification as a Michigan resident. Review the guidelines for qualifying for in-state tuition. We recommend you submit your residency application at least 3 months before your first term of enrollment in order to ensure a timely response.
Scholarships for Continuing Undergraduate Students
In addition to the financial aid and scholarships available to all university students, the following scholarships are available to current undergraduate students in the College of Business. The deadline to apply for these scholarships is March 1.
The Allard Family Trust Endowed Scholarship is open to students in the College of Business who have junior or senior standing and are interested in owning or starting a business. The recipient must be enrolled full-time in the fall semester. The scholarship award varies annually between $1,500 and $2,500 per year. Don Allard (’64 BBA) remembers not only that the coursework was very challenging, but that it prepared him extremely well for his career as founder and President of Moreno Valley Chevrolet in Moreno Valley, CA. Mr. Allard’s advice to students is that it takes more than academics to be successful, and that internships along with other types of experiential learning are extremely valuable.
The Bruce Klimek Memorial Scholarship was established in 1985 in memory of Bruce Klimek (’83 BBA) by his parents, Ernest and Mary Klimek. Scholarships of approximately $1,000 are awarded to students majoring in accounting with junior standing or higher, a minimum cumulative GPA of 3.0, demonstrate an interest in obtaining a CPA and are enrolled full-time in the fall semester.
The College of Business Endowed Scholarship provides tuition assistance to selected undergraduate students enrolled in the College of Business. The scholarship is competitive and annually awards $500 to $1,000 to student(s) with good academic standing who demonstrate substantial financial need. Recipients need to be enrolled full-time in the fall semester. Students must apply online each winter and the amount of financial award(s) depends on funding availability. Completion of the FAFSA is required, as financial need is the primary consideration.
Thank you to Drs. Bruce and Carol Whitaker who endowed this scholarship to provide scholarship support in perpetuity. Bruce Whitaker graduated from the University of Michigan-Dearborn College of Business in 1968 with a BBA. Bruce, and his wife Carol, went on to receive their doctorate and taught at several colleges and universities. The Whitaker's believe "Our University degrees opened many doors for us in our careers." They were first-generation college students and they hope to inspire other first-generation college students to complete their degree.
The Daniel and Iris Winey Endowed Scholarship was established by COB alum Daniel Winey (M.B.A.1982) and his wife Iris to support undergraduate students in the College of Business. Completion of the FAFSA is required as financial need is the priority consideration.
The Don Rossin Supply Chain Management Endowed Scholarship was established in 2014 by the late Professor Don Rossin to support students majoring in Supply Chain Management. It awards $1,000 annually to a student who will be enrolled full-time in the fall semester with good academic standing, majoring in Supply Chain Management, and demonstrating financial need. Completion of the FAFSA is required, as financial need is the primary consideration. Preference will be given to military veterans and returning students. A personal statement should explain your financial need and how this scholarship will help you achieve your educational goals.
The Donald Thomas Lico Endowed Scholarship was established by UM-Dearborn alumnus James Lico (‘88 B.S.A) in memory of his father Donald Thomas Lico, to encourage and recruit admitted pre-business students who have demonstrated financial need to enroll in the College of Business at UM-Dearborn. Completion of the FAFSA is required, as financial need is a key consideration of this scholarship.
The Dr. Nancy J. Foran Endowed Memorial Scholarship was established in honor of Dr. Nancy J. Foran, who passed away in 2002. Dr. Foran was a member of the College of Business faculty specializing in taxation. Scholarship awards of $1,500 are given to four outstanding undergraduate students majoring in finance and/or accounting. Eligible students must be enrolled full-time in the fall semester, have a minimum cumulative GPA of 3.2 and have an interest in tax accounting. As part of the scholarship application, the student must provide a brief explanation of how the Dr. Nancy J. Foran Endowed Memorial Scholarship will help him/her accomplish goals related to the student’s interest in tax accounting.
Edwin Huang received multiple scholarships and graduated with a bachelor's degree in Supply Chain Management in 2013. During his senior year, Edwin discovered a wall of plaques that showed the names of financial donors who endowed a scholarship to help students. He decided, in that moment, that this was something he wanted to do. He was grateful for the support he received and wanted to instill that same confidence in other students. In the same year he was set to graduate, he established the Edwin Huang Endowed Scholarship. Edwin hopes to inspire other alumni to give back, regardless of their age. This scholarship is available to students enrolled in the Supply Chain Management undergraduate degree program, with demonstrated financial need, a GPA of at least 3.0 or its equivalent, and who are employed while enrolled in the College of Business, UM-Dearborn. View a short video of Edwin online.
The Evans Family Scholarship was established by UM-Dearborn Vice Chancellor Jeff Evans and his wife Julie to provide a $1000 scholarship to a COB student annually.
The EY-Hillary Q. Kind Memorial Scholarship was established in honor of Hillary Q. Kind, who passed away in 2012. This fund was established by employees at Ernst & Young, along with donations from family and friends. Learn more about Hillary Q. Kind in the Stand Up to Cancer video. This scholarship is awarded to students who demonstrate leadership on campus and/or in the community and have a strong interest in a career in professional services. Students must have a GPA of 3.5 or better in all accounting courses, an overall GPA of 3.2 or better and be enrolled full-time in the fall semester. Preference will be given to Beta Alpha Psi members.
This endowed scholarship was established by an anonymous donor to encourage undergraduate students to finish their degree in four year or less. Must have a GPA of 3.2 or greater to apply.
The Hartmann Family Entrepreneurship Scholarship awards up to $1,500 per year to College of Business students who are Michigan residents and have an interest in entrepreneurial studies and business ownership. Undergraduate applicants must be in good standing, be enrolled in at least 6 credits for the fall semester and have a GPA of at least 3.0. Applicants must provide a one-page statement that explains their interest in entrepreneurial studies and business ownership and describe how the scholarship will help accomplish specific academic and career goals.
The ISM Scholarship was created to support students pursuing a degree in Information Technology/ Information Systems (ISM). Awards of $1,000 will be made each year. Students must be enrolled full-time in the fall semester at the College of Business and be pursuing an Information Systems Management degree with a minimum cumulative GPA of 3.0. Applicants must have completed ISM 310 with a grade of B or better. Recipients are selected based on scholastic achievement and leadership ability. A record of engagement in school activities and volunteer efforts related to ISM initiatives is desirable. The scholarship is to be used for tuition only.
The Terry and Debbie McElroy General Scholarship Fund was established by Terry (’76 BBA) and Debbie McElroy. These scholarships support high-achieving undergraduate students in COB.
This scholarship was established by UM-Dearborn College of Business alumnus Jeffery Hill (’83 B.B.A) and his wife Emma, to honor the kindness and generosity of, past UM-Dearborn of College of Business Dean, William R. D. Martin. To qualify for this scholarship you must be a UM-Dearborn student with demonstrated financial need pursuing a BBA, with a GPA of 2.75 or greater, and live in Pontiac or Detroit Michigan. Completion of the FAFSA is required, as financial need is a key consideration of this scholarship.
This scholarship provides scholarship support to students in the University of Michigan-Dearborn College of Business who have completed or are starting an internship.
This gift was given by Lelahni Wessinger, in memory of her husband, John Wessinger. Mr. Wessinger joined the staff at the University of Michigan Dearborn Campus as the Director of the Business Internship Program in the early 1970s where he placed many students in authentic business opportunities throughout the Detroit Metropolitan area. It was a source of great pride throughout his life that he was able to play such a key role in launching the careers of so many of his students.
The Joseph F. Bugeia Endowed Scholarship was established in honor of Joseph F. Bugeia, a University of Michigan alumnus who had a successful career in human resources at Ford Motor Company. Mr. Bugeia wanted to provide scholarship assistance to UM-Dearborn College of Business students with the most financial need. Recipients must be enrolled full-time in the fall semester with good academic standing (minimum cumulative GPA of 2.75) and a minimum of 12 College of Business credit hours completed. If applicable, preference will be given to students who are Michigan residents and are pursuing a Human Resource Management degree. Completion of the FAFSA is required as financial need is the priority consideration.
This scholarship honors the memory of Kevin H. McKervey, (’77 B.B.A.) This scholarship was established with the combined efforts of Clayton & McKervey, P.C in Southfield, MI and five generous friends of Kevin McKervey. Kevin was president and managing shareholder at Clayton & McKervey, P.C. He was well-respected within the business and economic development communities for his vision and innovative, results-oriented leadership style.
He served on the UM-Dearborn College of Business Dean’s Board of Advisors from 2001 until his passing in 2016. He received the University’s Award for Professional Growth and Scholarship in 2009 and was named the College of Business Alumnus of the Year at the 2012 Alumni Difference Makers Awards Ceremony. This scholarship addresses two of his long held passions; investing in the next generation, and supporting the UM-Dearborn College of Business.
To qualify for this scholarship you must be enrolled in the College of Business as an accounting major, be a first career student, be employed (either full or part-time) with a GPA 3.2 or greater and have demonstrated leadership skills.
This scholarship was established by UM-Dearborn College of Business alumnus Kris Pfaehler (’77 B.B.A.) and his wife Ruth. To qualify for this scholarship you must be a UM-Dearborn College of Business student pursing a BBA with a GPA of 3.2 or higher. Preference is given to students who have been in the foster care system or students who are very close to graduation but have run out of financial resources. Completion of the FAFSA is required.
The Krizanic Endowed Recruiting Scholarship was established by Doug and Tina Krizanic. Doug received his BBA in accounting in 1981 and Tina received her BBA in accounting in 1985. The Krizanics have a history of significant gift support to the College of Business and actively work to encourage other to support the College of Business and the University. This scholarship shall be made available to highly qualified, new, admitted but not yet enrolled, pre-business student(s) with scholarship support during each of their first two years at UM-Dearborn. Preference is given to applicants that live in Oakland County or attended Cabrini High School in Allen Park, MI.
This scholarship was created by College of Business alum Michael L. Surmanian MM '76 and his wife Vana. This need-based scholarship is for a student who is participating in, or has participated in, the UM-Dearborn, College of Business Study Abroad Program with preference to students in the International Summer Program in Management-Italy.
This scholarship was established by College of Business alumna Nancy D. Richter (’83 B.S.A.) to provide assistance with tuition and books for full-time, nontraditional students accepted into the BBA program in the College of Business (COB). Eligible recipients must have junior/senior status with a GPA of 3.0 or higher and at least 24 credits earned at UM-Dearborn. The recipient must have graduated high school or earned a GED at least 7 years ago. Preference will be given to active members of the Women in Business Student Organization, those who have demonstrated leadership qualities, or those who plan to pursue a career in business immediately following graduation.
This scholarship was established by Dean Balakrishnan and his wife Meena to provide a $1,000 scholarship for four undergraduate students annually. To apply for this scholarship you must be attending UM-Dearborn College of Business pursuing a BBA, with a declared major, and have a GPA of at least a 3.0. Completion of the FAFSA is required, as financial need is a key consideration of this scholarship.
The Rebecca Ann Campbell Memorial Scholarship was established in 2007 by Rebecca’s parent, William and Doris Campbell, to honor her memory. Rebecca earned her BSA from UM-Dearborn in 1989, and the degree was the starting point for her career in information technology. The scholarship provides varying awards based on the applicant’s need and merit, and is open to students in any discipline in the College of Business. Scholarship recipients must be enrolled full-time in the fall semester.
The Richard E. Czarnecki Endowed Scholarship annually awards approximately $500 to a student demonstrating financial need, majoring in accounting or finance, with a minimum cumulative GPA of 2.75 and enrolled full-time in the fall semester. Completion of the FAFSA is required as financial need is a consideration.
The Richard M. Haddrill Scholarship awards up to 20 students annually. These students are called the Haddrill Scholars.
The Tarik S. Daoud Management Scholarship was established to provide support for students enrolled full-time in the fall semester in the College of Business. The average scholarship award is $1,000. Eligible students must be residents of Michigan and reside in Wayne, Oakland or Macomb counties. Applicants must document an interest in Management Studies and have a minimum cumulative GPA of 3.0.
The Detroit Chapter of the Tax Executives Institute (TEI) generously funds one $2,500 scholarship to a graduate or undergraduate student pursuing an accounting degree with a concentration and interest in taxation. Students must be of junior standing or higher, have a minimum cumulative GPA of 3.5, demonstrate financial need and be enrolled full-time in the fall semester. Completion of the FAFSA is required, as financial need is the priority consideration.
The Board of Advisors Endowed Scholarship was established by the College of Business Board of Advisors in 2015 to provide support to graduate and undergraduate students in the College of Business. When applying for the award, applicants must submit a written statement explaining why they are requesting scholarship support.
The Victor J. Streeter Endowed Information Systems Management Scholarship awards at least one $1,500 scholarship annually to an ISM student. ISM faculty make recommendations to the College of Business Scholarship Committee based on the following criteria: highest ISM GPA, at least three ISM courses completed at the 300 level or above, not a previous recipient of this scholarship and enrolled full-time in the fall semester. Students do not apply for this scholarship.
This gift honors William Martin’s tenure as dean of the College of Business at UM-Dearborn from 1976-1985. This scholarship will be awarded to a College of Business student and will be awarded at the discretion of the College of Business Scholarship committee.