New & Prospective Undergraduates
If you think you may need financial assistance in order to attend the University of Michigan, we encourage you to apply for financial aid by the deadline dates listed below. You may apply for aid before being accepted or enrolling in the university.
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 preparing to apply to college, take a look:
Entering freshmen and transfer students must complete two applications to apply for aid:
The Free Application for Federal Student Aid (FAFSA) and
The CSS/Financial Aid PROFILE
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). We must receive your FAFSA and PROFILE information by the April 30 priority filing date to consider you for all aid programs. Although you may apply later, you might not be considered for all aid programs. Do not wait to be admitted before applying for aid!
(Note: If you will be classified as an independent undergraduate student, you need only complete the FAFSA; the CSS/PROFILE is not needed. Click here to see the definition of an independent student.)
If tax returns have been filed, students and parents may be asked to transfer data from their tax return directly to their FAFSA, streamlining the financial aid application process. The IRS Data Retrieval Tool allows applicants to give permission to use IRS financial data to populate FAFSA fields. For details, visit www.fafsa.gov or visit the Federal Student Aid YouTube channel to hear about "How To Fill Out the FAFSA."
During your senior year of high school:
Complete and submit a Free Application for Federal Student Aid (FAFSA) at www.fafsa.gov (use U-M's federal code 002325) 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. You do not have to be admitted to U-M file 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.
Complete and submit a CSS/Financial Aid PROFILE (use U-M's CSS code 1839) 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 documents (such as the Noncustodial Parent PROFILE) to be considered for need-based U-M grants and scholarships. The Office of Financial Aid will contact students by email if they must submit additional documents.
The PROFILE application is available on Oct. 1 each year. You may submit it when you submit your FAFSA or before. The PROFILE costs $25 for the initial application and one school report. Each additional school report costs $16. You do not have to be admitted to U-M to file the CSS/PROFILE.
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 Office of Undergraduate Admissions.
June 1: Some students may be required to submit additional documents as part of the application process. The Office of Financial Aid will contact students by email if they must submit additional documents. (Students may sign in to Wolverine Access for a list of requested documents.) We must receive any requested additional documents by June 1 to consider you for all aid programs.
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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.
Do not wait to be admitted before applying for aid.
Complete and submit a current-year CSS/Financial Aid PROFILE and a Free Application for Federal Student Aid.
To be considered for all aid programs, our office must receive your FAFSA record from the federal processor and your PROFILE application from the College Board by Jan. 18, 2013 (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 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), visit www.fafsa.gov and select "Make Corrections to a Processed FAFSA" or call 1-800-4-FEDAID.
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.
Entering students do not need to submit a Spring/Summer Request for Funds.
• UNIVERSITY SCHOLARSHIPS
Students are considered for most University of Michigan scholarship programs upon admission to the University and do not need to apply separately for most university scholarships. 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. This will ensure that you are considered for all scholarships that you are eligible for. Please note that to be considered for scholarships that are awarded to students with financial need, you must also apply for financial aid. For more information, see our Scholarships page.
• 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.
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