New & Prospective Undergraduates
If you think you may need financial assistance to attend the University of Michigan, we encourage you to apply for financial aid, following the guidelines below. You may apply for aid before being accepted or enrolling in the university.
If you wish to apply for federal student aid (Federal Pell Grant, Federal Supplemental Opportunity Grant, Federal Perkins Loan and/or Federal Direct Loan (Subsidized, Unsubsidized and either Graduate or Parent PLUS) programs and the State of Michigan Competitive Scholarship, Michigan Indian Tuition Waiver, Perkins Loan, Health Professional Loan, Nursing Student Loan and Work-Study awards) complete this application at no charge:
The Free Application for Federal Student Aid (FAFSA). Use U-M's federal code 002325 to ensure that we receive your FAFSA. The FAFSA is available on Jan. 1 each year at no cost to students. You do not have to be admitted to U-M to file the FAFSA.
If you also wish to be considered for institutional grant aid from U-M (Michigan Grant, M-Pact, Provost Award) and/or institutional merit scholarships (many institutional scholarships also require the demonstration of need), complete this application:
The CSS/Financial Aid PROFILE. Use U-M's CSS code 1839 to ensure that we receive your PROFILE. The PROFILE is available on Oct. 1 each year. You do not have to be admitted to U-M to file the CSS PROFILE.
Note to entering students: There is a cost associated with submission of the PROFILE. Many students will receive an automatic fee waiver offer from the College Board when they provide their income information. The University of Michigan does not wish to create a financial burden to families who are unable to submit a CSS PROFILE due to financial constraints. Please contact the Office of Financial Aid to request a PROFILE fee waiver if you are financially unable to submit this application and are not offered the automatic fee waiver from the College Board. Please note that you must request this waiver before you submit the PROFILE. We are unable to reimburse families who request the waiver after submission.
About U-M grants
The University of Michigan offers excellent institutional need-based assistance to augment federal student financial aid. Of the 3,749 entering freshmen who applied for need-based institutional funding in 2012-13, 1,747 students were offered gift assistance, with an average grant award of $13,461 (Source: U-M Office of Budget and Planning).
If you wish to be considered for institutional grant aid from U-M (Michigan Grant, M-Pact, Provost Award) and/or institutional merit scholarships, complete the CSS/Financial Aid PROFILE.
April 30: Priority Deadline. The University's Office of Financial Aid must receive your financial aid application documents by this date to consider you for all aid programs. Use estimated tax information, if necessary. Give yourself plenty of time to apply so that the records arrive to U-M in time.
May 1: Pay enrollment deposit to the Office of Undergraduate Admissions.
June 1: Some students may be required to submit additional documents to be considered for need-based U-M grants and scholarships. The Office of Financial Aid will contact students by email if this is required and students should sign in to Wolverine Access to view a list of needed documents. (Note: U-M does not participate in the College Board IDOC (Institutional Documentation Service) program; do NOT upload your documents through IDOC).
Note: If you will be classified as an independent undergraduate student, you need only complete the FAFSA. Definition of an independent student
Rejected FAFSA: If your FAFSA is rejected by the federal processor, it is not considered "processed" and you may miss the April 30 priority deadline. The most common reason for FAFSA rejection is missing required signatures. Sign the FAFSA and have your parents sign if you are a dependent student. If you are an independent student applying for the Health Professions Loan, one parent must also sign.
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If you are planning to apply for admission to U-M for Winter term, complete the current year FAFSA and CSS/Financial Aid PROFILE at the time you apply for admission.
Complete and submit a current-year Free Application for Federal Student Aid (use federal code 002325) and CSS/Financial Aid PROFILE (Use U-M's CSS code 1839).
Note to entering students: There is a cost associated with submission of the PROFILE. Many students will receive an automatic fee waiver offer from the College Board when they provide their income information. The University of Michigan does not wish to create a financial burden to families who are unable to submit a CSS PROFILE due to financial constraints. Please contact the Office of Financial Aid to request a PROFILE fee waiver if you are financially unable to submit this application and are not offered the automatic fee waiver from the College Board. Please note that you must request this waiver before you submit the PROFILE. We are unable to reimburse families who request the waiver after submission. .
To be considered for all aid programs, we must receive your FAFSA record from the federal processor and your PROFILE application from the College Board (if you are applying for institutional grants and scholarships) by Jan. 17, 2014. Allow three to four weeks for processing). 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 institutional aid.
If you have filed a FAFSA, but not requested that the results be sent to UM-Ann Arbor (School Code 002325), visit www.fafsa.gov and select "Make Corrections to a Processed FAFSA" or call 1-800-4-FEDAID.
Do not wait to be admitted before applying for aid. If you have any questions or concerns, please contact our office.
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Students entering in the Spring and/or Summer term who want to apply for financial aid must complete a Free Application for Federal Student Aid for the current academic year. Complete the FAFSA online, or call 1-800-4-FEDAID to request a paper copy. There is no charge to complete and submit the FAFSA.
Entering students should not submit a Spring/Summer Request for Funds.
• UNIVERSITY SCHOLARSHIPS
Students are considered for most scholarships administered by the Office of Financial Aid and do not need to apply separately. We encourage you to submit your admissions application early to receive equal consideration with other applicants. Once you are admitted, go to My Scholarship Profile on Wolverine Access to complete your scholarship profile to ensure that you are considered for all scholarships for which you are eligible. Please note that to be considered for scholarships that are awarded to students with financial need, you must also apply for financial aid.
You might also be eligible for need-based and non-need-based scholarships from other sources. We encourage you to explore and apply for any scholarships for which you are eligible. University of Michigan schools, colleges, and departments administer their own scholarships and some may require separate application. For more information, contact the financial aid offices of the individual schools and colleges or your academic department.
• PRIVATE SCHOLARSHIPS
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 about where to look for scholarships that might be available to you.
For more information, about applying for scholarships, see our Scholarships
|VIDEO: FINANCIAL AID OVERVIEW
Deric Williams, Assistant Director for Outreach for the U-M Office of Financial Aid, shares a basic overview about the financial aid process. If you are a high school counselor or administrator, visit our Outreach page to consider a program at your school.
If you are a student or parent preparing to apply to college, take a look:
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