Student Financial Services/Teller Services will resume office hours on Monday, January 4, 2021 as follows: In person assistance: 10 am Phone assistance: 8 am. Required Reading is the primary student resource guide for financial aid at the University of Michigan. University of Michigan--Ann Arbor Tuition & Financial Aid. Michigan resident: $23,902 Out-of-state and international students: $46,998 Visit the U-M Office of the Registrar for additional information including tuition and fees per term or part-time schedule. The U-M Office of Financial Aid (OFA) is the central source for information on major sources of university-level financial aid including scholarships, loans, grants and work-study employment programs. University of Michigan--Ann Arbor’s tuition is $15,948 for in-state and $52,266 for out-of-state students. A completed FAFSA is required. Michigan's long-standing commitment to making higher education accessible and affordable is rooted in our mission as a public university that provides an "uncommon education for the common person." To inquire, students should contact their admitting school or college. Federal regulations and University of Michigan policy severely limit the types of financial assistance available to international students. The average amount of the aid awarded is $19,728. Novel Coronavirus (COVID-19) information. Whether it’s scholarships, grants, or connecting students to federal aid, the University of Michigan has numerous resources and ways to help eligible students and their families pay for college. This page shows you how to access the system and your financial information as well as how to give your parent(s)/family access to your information. University of Michigan Scholarships. Give yourself plenty of time to apply so that we receive your records on time. Please know that we are still here to support you through your Ross and University of Michigan experience. Undergraduate rates are for the College of Literature, Science, and the Arts; tuition and fees may be higher or lower, depending on a student's program of study. We call it Required Reading because it answers many questions students ask about their aid. When a student applies for aid, OFA uses information provided by the FAFSA … Students Receiving University of Michigan Grant. © 2021 The Regents of the University of Michigan. U-M Office of Financial Aid: International Students; External Scholarship Listing; International students are not eligible for Michigan Scholarships and Opportunity Grants which are need-based awards. If you have questions, contact the Office of Financial Aid by calling 734-763-6600 or emailing financial.aid@umich.edu. HOW WE DETERMINE NEED-BASED AID ELIGIBILITY. Student athletes should work through the U-M Athletic Department for potential scholarships in that area. Estimated costs for financial aid purposes (Fall 2020 - Winter 2021). Learn about the financial aid options that are available to eligible entering and continuing students. All international MSW applicants need to submit an Affidavit of Financial Support with Interest rates have been announced for federal loans that will disburse during the 2020-21 academic year. For the 2020-21 application cycle, we are modifying our admissions process and requirements. The majority of students who enroll in our program apply for and receive some kind of financial aid. With need-based aid especially, U-M is so generous. Students at U-M are typically awarded three types of financial aid: scholarships and grants, loans, and Work-Study. The University of Michigan is located on the traditional territory of the Anishinaabe people. There is no cost to complete the FAFSA. Comparatively, your tuition is about $20,000 MORE, and that gets a little tough to finance/rationalize if you're looking a loans only (as opposed to having some ready cash to pay.) U-M financial aid. These could be federal and/or institutional loans, and grants and scholarships. The University of Michigan offers grants, scholarships, loans, and federal Work-Study funds to eligible entering and continuing students. What Amount of Financial Aid is Available? You will need a U-M uniqname or Friend Account to access your financial aid notices online. No matter your year in school, our staff and counselors are available to answer questions and help you on your journey to become a Wolverine. This office should be every student's first point of contact when thinking about how to finance their Michigan education. Financial Aid At University of Michigan-Ann Arbor. Additional Financial Aid Information. If you have a F-1, F-2, J-1, J-2, or G-series visa, you are required to show proof of enough resources to meet your expenses and federal regulations limit financial assistance. For the latest updates, please visit. Federal regulations and University of Michigan policy severely limit the types of financial assistance available to international students. * Please note that most merit scholarships cover only partial tuition amounts. That’s such a fantastic opportunity that I never thought would happen to me. July 2014 in Financial Aid & Scholarships. This office provides need-based assistance in the form of federal loans and College Work Study. Michael McMain, Economics, Philosophy, and Mathematical Sciences, first-year students receive financial aid, FAFSA/Federal School Code: 002325 | CSS Profile Code: 1839, © 2020 The Regents of the University of Michigan, Online Alternatives to Conducting In-Person Student Business. The majority of students who enroll in our program apply for and receive some kind of financial aid. Scholarships are awarded by the university, the state of Michigan and private organizations. Cost of Attendance Guidance. It covers medically necessary services performed by Michigan Medicine providers at Michigan Medicine facilities. If you're out of state, it is a very expensive proposition, but sometimes U of M gives generous grants, and other times students feel it doesn't. Submit your applications as soon as possible after the applications open to be considered for aid. Filling out PDF Forms If you download a fillable PDF form to submit digitally, please remember to save the PDF as a new, unique file after you’ve finished filling out the form. About 52.0% of new students receive some kind of financial aid, most of which is scholarships and grants. How do I report test scores during the COVID-19 pandemic? Scholarships for international undergraduate students are very rare. What is Early Action and will it be reviewed differently than a Regular Decisio…. Students at U-M are typically awarded three types of financial aid: scholarships and grants, loans, and Work-Study. If you are applying to attend U-M beginning in the fall term, the U-M Office of Financial Aid must receive a valid Free Application for Federal Student Aid (FAFSA), CSS Profile, and all other documents before the deadline of March 31 to consider you for available aid programs. For financial aid eligibility, full-time for graduate students is defined as 8 credit hours per term (however, for tuition rate purposes, full-time for graduate students is defined as 9 credit hours per term). The University of Michigan federal school code is 002325. Now is the time to contact Financial Aid and set up a time to start making your financial aid plans with an advisor. 15,229 students (51% of total 29,821 undergraduate students) have awarded federal, state, local, institutional or other sources of grant aid at University of Michigan-Ann Arbor. We recommend that you complete your FAFSA and CSS Profile … Wolverine Access is a quick, convenient way for current and prospective University of Michigan students to access password-protected personal university information, including financial aid documents, notices and student account statements. While completing the FAFSA is the primary step in obtaining financial aid, it is not a scholarship application. Your best bet is to run the calculator at the financial aid page on the U of M site. Visit the Office of Financial Aid website for full details. Each award is $5,000, split equally over two subsequent semesters to be used on the Flint campus. 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