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University of Michigan revenue decreased from $8 billion in 2019 to $8 billion in 2020, a (0.4%) decrease.

Annual Revenue ($)

University of Michigan revenue was $7.96 b in FY, 2020 which is a (0.4%) year over year decrease from the previous period.

FY, 2018FY, 2019FY, 2020
Revenue$7.47 b$7.99 b$7.96 b
Growth5.00%7.00%(0.43%)

Annual Growth Rate (%)

Revenue Breakdown

Business Segment

University of Michigan revenue breakdown by business segment: 59.9% from Patient Care Revenues, 12.6% from Federal Grants and Contracts, 18.3% from Net Student Tuition and Fees and 9.1% from Other

FY, 2020FY, 2018FY, 2019
Student Loan Interest Income and Fees$2.25 m$2.54 m$2.53 m
Other Revenues$228.03 m$227.29 m$244.2 m
Student Residence Fees$114.65 m$117.87 m$120.12 m
Patient Care Revenues$4.77 b$4.44 b$4.85 b
Sales and Services of Educational Departments$127.35 m$140.14 m$145.07 m
Nongovernmental Sponsored Programs$243.33 m$233.92 m$246.05 m
State and Local Grants and Contracts$11.13 m$13.3 m$13.96 m
Federal Grants and Contracts$1.01 b$982.14 m$1.01 b
Net Student Tuition and Fees$1.46 b$1.31 b$1.37 b

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