United manager Louis van Gaal had made improving his team's midfield a key component of his transfer window strategy and the Dutchman can now cross that job off his to-do list after a frenetic 24 hours at Old Trafford.
Schweinsteiger, 30, has signed a three-year contract from Bundesliga champions Bayern Munich for a reported £14.4m.
Schneiderlin has moved from fellow Premier League club Southampton for a fee in the region of £25m.
The 25-year-old midfielder has signed a four-year contract with the option to extend it by a further year.
United's midfield duo are expected to jet out immediately to join their team-mates, including fellow new boys Memphis Depay and Matteo Darmian, for the club's pre-season tour of the United States.
They could make their first appearances in a United shirt against Mexican side Club America in Seattle on July 17.
And there was more good news for United as Spanish goalkeeper David de Gea was confirmed among their travelling party for their US tour, seemingly ruling out any imminent move to Real Madrid.
Van Gaal claimed last season that there wasn't much of a quality gap between United and champions Chelsea, who finished 17 points ahead of the Old Trafford outfit, and he will hope his £80 million spending spree is the springboard for a serious title challenge.
"I have thoroughly enjoyed my time at Bayern Munich. It has been an incredible journey and I didn't take the decision to leave lightly," said the German. "Manchester United is the only club that I would have left Munich for.
"I feel ready for this new and exciting challenge in what I regard as the most competitive league in the world and I am looking forward to working with Louis van Gaal again."
Schweinsteiger made his Bayern debut in 2002 and appeared 536 times for the club.
He helped his country win the 2014 World Cup and has one Champions League medal, eight Bundesliga titles and seven domestic cups to his name from his time at the German club.
Schneiderlin joined Saints from Strasbourg in 2008 for £1.2m and has played for them in League One, the Championship and the Premier League.
"Once I learned that United were interested in signing me, it was a very easy decision to make," said the Frenchman.
"I have enjoyed seven very happy years with Southampton and it's a club that will always be in my heart. But the chance to be part of this squad to help this great club be successful was too good to miss."
Meanwhile despite De Gea's future still remaining in some
doubt, he appears set to remain a United player for the time being at least
after being confirmed as part of the squad for the US.
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