The University of Michigan does not require an initial deposit for undergraduate applicants who are admitted. However, admitted students must confirm their enrollment by submitting a non-refundable enrollment deposit, which is typically $300 for incoming freshmen. This deposit secures their spot and is applied toward tuition fees.
Graduate programs may have varying deposit requirements, often depending on the department or school. Prospective students should consult their specific program for details. Financial aid and waivers may be available for those who qualify, easing the burden of upfront costs.