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How and When to Apply for Financial Aid (Prospective U-M Students)
Application Instructions for Fall/Winter
2008-2009
OVERVIEW:
Entering freshmen and transfer students must complete two applications to apply for aid:
1. The College Scholarship Service (CSS) PROFILE and
2. The Free Application for Federal Student Aid (FAFSA)
Information on these forms determines your expected family contribution and your eligibility for aid programs. Be sure to submit these forms by the deadline dates listed below to be considered for all aid programs (use estimated tax information if necessary). Although you may apply later, you might not be considered for all aid programs. We must receive your FAFSA and PROFILE information by the April 30 priority filing date to consider you for all aid programs. Do not wait to be admitted before applying for aid!
APPLY FOR AID:
October 1: As soon as possible after October 1, 2007, complete and submit a 2008-2009 CSS/PROFILE Application at https://profileonline.collegeboard.com to be considered for all need-based university grants and scholarships, including the M-PACT Scholarship, Michigan Grant, Michigan Achievement Award, and any other need-based U-M scholarships. Note: Some students may be required to submit additional PROFILE documents (such as the Noncustodial Parent PROFILE) to be considered for need-based U-M grants and scholarships. The U-M Office of Financial Aid will contact students by email, if they must submit additional documents.
Be sure to list U-M's CSS Code 1839. The PROFILE costs $25 for the initial application and one school report. Each additional school report costs $16.
January 1: As soon as possible after January 1, 2008, complete and submit a 2008-2009 Free Application for Federal Student Aid (FAFSA) to the federal processor at www.fafsa.ed.gov to be considered for all need-based and non-need-based federal and state aid programs, including the Pell Grant, Supplemental Educational Opportunity Grants, Michigan Competitive scholarship, Michigan Indian Tuition Waiver, Perkins Loan, Health Professions Loan, Nursing Student Loan, Direct Loan, and Work-Study.
Be sure to use U-M's Federal School Code 002325. There is no cost to complete the FAFSA. If you apply online, you will need a Personal Identification Number (PIN) to "sign" your FAFSA. One parent should also have his/her own PIN to "sign" your online FAFSA if you are a dependent student or an independent student applying for a Pharmacy or Dental Health Professions Loan. Go to www.pin.ed.gov to acquire your free PIN. For a paper copy of the FAFSA call 1-800-4-FEDAID, or download and print the 2008-2009 FAFSA (pdf file).
 Rejected FAFSA: If your FAFSA is rejected by the federal processor, it is not considered "processed" and you may miss the April 30 priority filing date. The most common reason why a FAFSA is rejected is when it is missing the required signatures. Be sure to sign the FAFSA and if you are a dependent student or an independent student applying for the Health Professions Loan, be sure to also have one parent sign. |
March 1: Suggested date by which you should submit your FAFSA and PROFILE applications to be considered for need-based scholarships and to receive an aid offer by the May 1 enrollment deposit deadline. For Michigan Competitive Scholarship (MCS) consideration, the federal processor must receive your FAFSA application by this date.
April 30: Priority Filing Date. The University's Office of Financial Aid must receive your FAFSA and PROFILE records by this date to consider you for all aid programs.
May 1: Pay enrollment deposit to the Undergraduate Admissions Office.
May 30: If we requested that you submit additional documents for verification purposes, our office must receive them by this date to consider you for all aid programs. For more information, click here.
APPLY FOR SCHOLARSHIPS (SEPTEMBER - JUNE):
Conduct your search for private scholarships from September to June of your senior year in high school.
From October to January, students are considered for most University scholarship programs upon admission to the University. You are encouraged to submit your admissions application early to receive equal consideration with other applicants. For more information on scholarships, click here.
Information for Students Admitted Winter Term 2009
To apply for Winter term 2009 financial aid, complete and submit two applications:
- The Free Application for Federal Student Aid (FAFSA)
- The CSS/Financial Aid PROFILE
Complete the applications at the the time you apply for admission. Do not wait to be admitted before applying for aid.
About the FAFSA:
- You can complete the FAFSA online at http://www.fafsa.ed.gov. You will need a Personal Identification Number (PIN) to complete the FAFSA online (see http://www.pin.ed.gov to apply for a PIN). To avoid delays, your parents should also apply for a PIN to act as their signature for the online FAFSA. For a paper copy of the FAFSA call 1-800-4-FEDAID, or download and print the 2008-2009 FAFSA (pdf file).
- To be considered for all aid programs, our office must receive your FAFSA record from the federal processor by January 9, 2009 (allow three to four weeks for the processor to send us your record once you submit it). We will notify you by email if we need additional documents or information; these materials must be submitted within 30 days of notification for you to be considered for all aid programs.
- If you have already filed a FAFSA, but you have not requested that the results be sent to the University of Michigan-Ann Arbor (School Code 002325), go to http://www.fafsa.ed.gov and select "Make Corrections to a Processed FAFSA" or call 1-800-4-FEDAID.
About the CSS/Financial Aid PROFILE:
- Complete the PROFILE application online at
https://profileonline.collegeboard.com/index.jsp.
- Be sure to list U-M's CSS Code 1839. The PROFILE costs $25 for the initial application and one school report. Each additional school report costs $16.
If you have any questions or concerns, please contact our office. |
