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How and When to Apply for Financial Aid
APPLYING FOR AID FOR FALL/WINTER 2009-2010:
Transfer students entering in the Fall term 2009 must complete two applications to apply for aid:
1. The CSS/PROFILE Application, 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 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. Do not wait to be admitted before applying for aid!
APPLICATION TIMELINE:
October 1: As soon as possible after October 1, 2008, submit the 2008-2009 CSS/Financial Aid PROFILE application online at https://profileonline.collegeboard.com/index.jsp 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, 2009, submit the 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. Call 1-800-4-FEDAID to request a paper copy of the FAFSA.
 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. If you want to be considered for the Michigan Competitive Scholarship (MCS), you must submit your FAFSA by this date (i.e., the federal processor must receive your FAFSA application by March 1).
April 30: Priority Filing Date. The U-M 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.
APPLYING FOR AID FOR WINTER TERM 2010:
To apply for Winter term 2010 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 FAFSA.
To be considered for all aid programs, our office must receive your FAFSA record from the federal processor by January 8, 2010 (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.
- To be considered for all aid programs, our office must receive your PROFILE record by January 8, 2010.
If you have any questions or concerns, please contact our office.
APPLYING FOR AID FOR FALL/WINTER 2010-2011:
Transfer students entering in the Fall term 2010 must complete two applications to apply for aid:
1. The CSS/PROFILE Application, 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 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. Do not wait to be admitted before applying for aid!
APPLICATION TIMELINE:
October 1: As soon as possible after October 1, 2009, submit the 2010-2011 CSS/Financial Aid PROFILE application online at https://profileonline.collegeboard.com/index.jsp 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, 2009, submit the 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. Call 1-800-4-FEDAID to request a paper copy of the FAFSA.
| 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. If you want to be considered for the Michigan Competitive Scholarship (MCS), you must submit your FAFSA by this date (i.e., the federal processor must receive your FAFSA application by March 1).
April 30: Priority Filing Date. The U-M 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.
Applying for Scholarships
Students are considered for most University of Michigan 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.
Conduct your search for private scholarships from September to June of your senior year in high school. See our private scholarships page for more information.
Information for Community College Transfer Students
In partnership with the Jack Kent Cooke Foundation, the University of Michigan is working to increase the number of community college students who transfer to U-M. See the U-M Community College Transfer Web Portal for information about transferring to Michigan and about the Jack Kent Cooke Foundation Partnership.
Financial aid for students transferring from community colleges is available from existing University, federal, and state programs. The University of Michigan offers two scholarships specifically for transfer students from Michigan community colleges--the Michigan Community College Scholarship and the Michigan Community College Scholar Award. Transfer students are also considered for all other University scholarships.
Although the University does not have sufficient funds to meet the full demonstrated financial need of nonresident students directly, students who are eligible for scholarships from U-M schools or colleges or from private sources may be eligible to cover their costs through these combined resources. Another option for nonresident students is the Federal Direct PLUS Loan and private loans. All community college students considering transferring to U-M should apply for financial aid (see above).
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