Dental School (D.D.S.) Financial Aid Contact Information Information for: Prospective D.D.S. Students Newly Admitted and Current D.D.S. Students Graduate Dental Students International Students Major Financial Aid Programs for Dental Students   Contact Information For information on financial aid for D.D.S. students, contact:     Mary Gaynor, Assistant Director of Financial Aid, D.D.S. Program School of Dentistry University of Michigan 1011 N. University  Ann Arbor, MI  48109-1078 Phone: (734) 763-4119 Fax: (734) 764-1922 E-mail:mgaynor@umich.edu  Office Hours at the School of Dentistry, Room G226: M-F 11:00 a.m. - 1:00 p.m. For information about the Dentistry programs at U-M, visit the School of Dentistry website.

Federal School Code 002325 PUBLICATIONS: A Guide to Financial Aid for Prospective Students (September 2008) (PDF) A comprehensive guide for all prospective students 2009-2010 Dental Required Reading (PDF) A reference and resource guide to D.D.S. financial aid at U-M for current students

Information for Newly Admitted and Current D.D.S. Students 2009-2010 Estimated Cost of Attendance How to Apply for Financial Aid Award Notification (links to another page on this website) Major Financial Aid Programs for Dental Students 2009-2010 ESTIMATED COST OF ATTENDANCE FOR D.D.S. STUDENTS:   Fall/Winter and Spring/Summer IN-STATE (Michigan Residents)     Tuition and Fees Book & Lab Fees Instruments Living Expenses Total Budget D1 $29,457 $4,003 $3,292 $22,488 $59,240 D2 $29,457 $5,578 $2,892 $24,735 $62,662 D3 $29,457 $3,820 $2,892 $24,735 $60,904 D4 $29,457 $1,374 $2,892 $17,990 $51,713 Fall/Winter and Spring/Summer OUT-OF-STATE (Nonresidents)     Tuition and Fees Book & Lab Fees Instruments Living Expenses Total Budget D1 $46,013 $4,003 $3,292 $22,488 $75,796 D2 $46,013 $5,578 $2,892 $24,735 $79,218 D3 $46,013 $3,820 $2,892 $24,735 $77,460 D4 $46,013 $1,374 $2,892 $17,990 $68,269 These are the actual tuition and fees for the 2009-2010 year as set by the Regents of the University of Michigan in June 2009. Full- and part-time tuition and fees for all U-M Schools and Colleges are available from the Office of the Registrar. D1 Instruments Fee includes a $400 deposit. Living Expenses include room and board (rent, security deposit, utilities, groceries, and restaurant/carry-out expenses) and personal/miscellaneous expenses.  The Office of Financial Aid's estimated budget allows about $98 a week for personal/miscellaneous expenses such as long distance phone calls, extracurricular activities, personal hygiene items, etc.  This figure also includes $2,350 for the purchase of student health insurance. Budgets will be increased by the amount of loan fees deducted from your Federal Direct Loans. HOW TO APPLY FOR FINANCIAL AID:   To be considered for all financial aid programs, including grants and the Health Professions Loan: By March 30, 2009:  Complete the FAFSA on the web at www.fafsa.ed.gov  Include both your parents' and your own data on the FAFSA. The University of Michigan's federal school code is 0002325. By April 24, 2009:  Return the following documents to Mary Gaynor: 2009-2010 Applicant Data Form Your 2008 Federal Income Tax Form Your Parents' 2008 Federal Income Tax Form Please put your name on the corner of the return so it can be matched with your file. Submitting 2008 Federal Income Tax Returns and/or a Non-Filing Statement Complete a Non-Filing Statement only if you and/or your parents will not file a 2007 Federal Income Tax Return. You can bring the above documents to Mary Gaynor at the School of Dentistry (address above) or: Drop in brown box in the School of Dentistry Financial Aid Office (located on windowsill); Fax to Mary Gaynor at (734) 764-1922; or Mail to the address above.   Major Financial Aid Programs for Dental Students Federal Loans Private Loans Scholarships - School of Dentistry Scholarships - Private scholarships - U.S. Navy Health Professions Scholarships - National Health Service Corps Scholarships FEDERAL LOAN PROGRAMS:   Program Description Eligibility Terms Federal Perkins Loan Click here for information from the Department of Education about the Perkins Loan. Click here for Perkins and Health Professions Loan promissory note and rights and responsibilities information. Federally funded; supplemented by U-M funds 5% fixed interest Need-based:  Eligibility based on student's Expected Family Contribution (EFC); allowable EFC is determined by federal funding levels Enrolled at least half-time in a degree program Must meet financial aid priority deadline (April 21) Please see the Perkins Loan Rights and Responsibilities. Repayment is deferred and there is no interest while enrolled at least half-time. Six- or nine-month grace period before repayment begins (see promissory note). Minimum monthly repayment $40 Special deferment and cancellation provisions for volunteer service (Peace Corps, Armed Services, etc.); see the U.S. Dept. of Education's Student Guide and the Dept. of Education website (information specifically for teachers) If you haven't previously signed a master promissory note at U-M, you must do so on Wolverine Access. Dental Health Profession Loan (DHPL) Click here for Perkins and Health Professions Loan promissory note and rights and responsibilities information. Federally funded 5% fixed interest Need-based (parental financial information required) Enrolled at least half-time in the D.D.S. program Must meet financial aid priority deadline (April 21) Repayment is deferred and there is no interest  while enrolled at least half-time. Twelve-month grace period before repayment begins Minimum monthly repayment $40 Special deferment provisions for volunteer service, etc.  Must review Rights and Responsibilities each year before a disbursement Must sign a master promissory note (if haven't done so previously) and each year must review your rights and responsibilities on Wolverine Access Federal Direct Stafford Loan, Subsidized Click here for detailed information from the Department of Education about Direct Loans. Students accepting Direct Loan funds for the first time must complete an online Direct Loan Master Promissory Note before receiving their loan funds.  Click here for information. Federally funded 6.8% fixed interest rate See borrowing maximums below Need-based Enrolled at least half-time in a degree or certificate program Repayment is deferred and there is no interest while enrolled at least half-time. Limited deferment provisions; see the U.S. Dept. of Education's Student Guide and the Dept. of Education website (information specifically for teachers) 1.5% origination fee, with a 1.0% rebate if first 12 monthly payments made on time.  Because of this fee, the actual Direct Loan amount applied to your university account will be lower than that  listed on your award notice. Federal Direct Stafford Loan, Unsubsidized Click here for detailed information from the Department of Education about Direct Loans. Students accepting Direct Loan funds for the first time must complete an online Direct Loan Master Promissory Note before receiving their loan funds.  Click here for information. Federally funded 6.8% fixed interest rate  See borrowing maximums below Non-need-based Enrolled at least half-time in a degree or certificate program Interest begins accruing immediately; may be paid periodically or capitalized (see promissory note). Repayment of principal deferredwhile enrolled at least half-time Limited deferment provisions; see the U.S. Dept. of Education's Student Guide and the Dept. of Education website (information specifically for teachers) 1.5% origination fee, with a 1.0% rebate if first 12 monthly payments made on time.  Because of this fee, the actual Direct Loan amount applied to your university account will be lower than that  listed on your award notice. Federal Direct PLUS Loan for Graduate Students Click here for more information. Federally funded 7.9% fixed interest rate Non-need-based (may borrow the cost of attendance minus other aid) Enrolled at least half-time in degree or certificate program. Borrower cannot be 90 days or more delinquent on the repayment of any debt or the subject of a default determination, bankruptcy discharge, foreclosure, repossession, tax lein, wage garnishment or write-off of a Title IV debt during the last five years Interest begins accruing immediately; may be paid periodically or capitalized. Borrower must complete the Free Application for Federal Student Aid (FAFSA) to apply Repayment of principal and interest begins 60 days after loan disbursed; however, payments can be deferred while borrower is enrolled at least half-time. 2.5% origination fee (4.0% with a 1.5% rebate if first 12 monthly payments are made on time) Note:  Federal College Work-Study and Michigan Work-Study awards are offered to only an extremely small number of D.D.S. students each year. Because it is very difficult for D.D.S. students to work while completing their studies, prior approval must be given. Awards are earned by working for eligible employers on- and off-campus.  Awards are need-based and students must be enrolled full-time in a degree program.  Restrictions apply and very limited funding is available. Eligibility:  Student must be a U.S. citizen or an eligible non-citizen of the U.S. as defined by the U.S. Department of Education and must be enrolled in a program leading to a degree or certificate in order to qualify for all aid programs. Federal Direct Stafford Loans (Subsidized and Unsubsidized):  The combined borrowing maximums for Subsidized and Unsubsidized Direct Loans is $40,500/year (only $8,500 of this can be Subsidized Loan). Cumulative loan debt is $224,000 (only $65,500 of this can be Subsidized Loan)--limit includes Direct Loans received as an undergraduate).