Continuing students must reapply for financial aid each year. If you applied for financial aid the previous year, the Office of Financial Aid will notify you by email in early February that it is time to reapply. If you do not receive information about how to apply, contact OFA in mid-February.
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Change in procedure for obtaining
Unsubsidized Federal Direct Loans
Effective Spring 2013, U-M will have a different process for Unsubsidized Federal Direct Loans for some undergraduate students. If you do not receive these loans in your financial aid package and want them, you must complete an online tutorial detailing your cumulative student loan debt and what it will cost to incur additional debt. Those registering for Spring-Summer terms will do online counseling and will also be required to meet with an aid officer. This change does not affect graduate or professional students.
Visit www.finaid.umich.edu/SmartBorrowing for more information.
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To reapply for aid, all continuing students must complete a new FAFSA. Returning students are not required to complete a new CSS/Financial Aid PROFILE application if they have submitted one in the past.
Submit a Free Application for Federal Student Aid (FAFSA)
Complete the
FAFSA online using your Dept. of Education Personal Identification Number (PIN). If you have not completed your tax return when you fill out the FAFSA, you may use estimated tax data on the FAFSA but be sure to make corrections to your FAFSA once your tax return is done.
It is important to list your full, correct name, your correct Social Security number and to information from the correct federal income tax return (1040EZ, 1040A, or 1040). Also, be sure to include your housing plans and list Federal School Code 002325, so that results will be sent to the University of Michigan-Ann Arbor. If you don't have a PIN, request one at
www.pin.ed.gov. For a paper copy of the FAFSA call 1-800-4-FEDAID or visit
www.fafsa.gov.
If income taxes are filed, students and parents may be prompted to transfer IRS data directly to their FAFSA. The IRS Data Retrieval Tool allows applicants to give permission to use IRS financial data to populate FAFSA fields. Visit
www.fafsa.gov for details or
click here for a short slide show of highlights. (If you are waiting to file your taxes, do not wait to file the FAFSA. Use estimates and return to amend the FAFSA once taxes are filed.)
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Parental Information and Signatures
You must supply parental data and a parent signature if either of the following applies to you:
- You are a dependent student
- You are a dental or pharmacy student who is applying for a Health Professions loan
If you are completing the FAFSA online, we recommend that one of your parents sign the FAFSA using his/her own PIN (parents may apply for a PIN at www.pin.ed.gov. If you do not provide correct parental data or all required signatures, your FAFSA will be rejected, which could jeopardize your eligibility for aid.
If you think you might be considered an independent student, please click here to see the definition of an independent student to determine whether you must complete parental information on the FAFSA.
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Update your scholarship information on Wolverine Access
Visit
My Scholarship Profile to complete or update your profile when you reapply for financial aid, and update it regularly throughout the year. Just log in to Wolverine Access and select
My Scholarship Profile in the
Campus Finances section. Completing your scholarship profile does not mean you qualify for the scholarships, but it ensures that you will be in the pool for consideration for all scholarships for which you are eligible. For more information, see the
My Scholarship Profile page.
APRIL 30: The Office of Financial Aid must receive your processed FAFSA from the federal processor by April 30 in order to consider you for all federal and institutional financial aid. We recommend applying early! Allow 3-4 weeks for processing, and remember that if your FAFSA is rejected for any reason, your application will not be processed and you will need time to resolve the problem before the deadline. You may submit your FAFSA after April 30, but if you miss this deadline the types of available financial aid may be limited.
If you are asked to submit additional application documents:
- Check Wolverine Access to see what supplemental documents are needed. We must receive them by June 1.* (The sooner we receive them, the sooner we can send an Award Notice. Award Notices for continuing students are typically issued beginning in June. )
- Send your documents by fax, email or upload them through our website.
- Find these supplemental forms on our Forms page.
*Important note for June 1, 2013 deadline: A University wide computer system maintenance is scheduled from 5 p.m. Thursday, May 30 through 7 a.m. Monday, June 3. During the outage, students and staff will be unable to log into the Wolverine Access portal, we will be unable to record documents and link them to student accounts and aid officers will also be unable to view or discuss your account details. Documents received will be date-stamped and accepted as of the date of submission, although it may take up to 6 business days for these documents to appear on your student record. Aid eligibility will not be affected if you submit your documents on time (by June 1).
AFTER APPLYING FOR AID, CHECK YOUR EMAIL AND WOLVERINE ACCESS OFTEN
OFA will send you an email if you must submit additional application items for verification purposes (such as tax returns, a Household Information Questionnaire, etc.). You can also check Wolverine Access (Student tab > Student Business > Login > Student Center > Financial Aid > (select appropriate Aid Year) > Documents/Review) to see if you must submit additional documents. If you are asked to submit additional application documents, OFA must receive these items by June 1 to consider you for all aid programs. |
| FALL/WINTER APPLICATION MATERIALS |
2013-2014:
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Example: If you are applying for 2013 Spring/Summer Aid and have already submitted a 2012-2013 FAFSA for Fall/Winter aid, do not submit another FAFSA when applying. (If you did NOT submit a 2012-2013 FAFSA, you must file one to be considered for Spring/Summer 2013 aid. The Office of Financial Aid might ask for additional materials as your application is reviewed.)
Deadlines for Spring/Summer financial aid and application materials are posted each February. In general, the deadlines follow the schedule below (specific deadlines are offered as they become available each year):
Priority Deadline: March 15 -- The Office of Financial Aid must receive your processed FAFSA from the federal processor by this date in order to consider you for all available aid programs. You may apply after the priority deadline, but available funding will be limited. Award notification begins in April for students registered at least half-time for Spring and/or Summer.
Spring Term aid applications will not be considered after: May 17, 2013
Summer Term and Combined Spring/Summer Term aid applications will not be considered after: July 12, 2013
The Office of Financial Aid will be unable to process Spring/Summer applications submitted after these dates. You must visit our office and speak directly to an aid officer for further assistance.
If you are in a Social Work practicum or applying for a Spring/Summer TEACH Grant download the necessary PDF form below, complete it and submit to the Office of Financial Aid in addition to filling out the RFF form.
If you are studying abroad, do not fill out an Request for Funds (RFF) form. Download and complete:
If you have received aid such as departmental awards or private scholarships, which comes from sources other than the Office of Financial Aid, it is your responsibility to find out when to reapply for the funds and what the application requirements and deadlines are for those aid programs. Contact the source or organization that awarded the funds to you.