Reviewing Your Award Letter

Area 1. Type of Award Notice

  • Blank - this is the first award notice sent.
  • Estimated - first award notice sent to a student needing additional documents.
  • Revised - award notice that is different from the first notice.

Area 2. Cost of Attendance (COA)

  • The COA, also known as the budget, is an estimation of what it costs to go to school for a specific period of enrollment. The COA is calculated using an estimated cost of tuition & fees; room & board; books & supplies; personal expenses; and transportation. 

  • This is not what a student/family is expected to pay out-of-pocket.  Actual expenses may be higher or lower depending on your lifestyle.

  • Tuition & Fees and Housing Costs (for on-campus students) are the only items charged by the University.

Area 3. Expected Enrollment

  • This is the enrollment status your awards are based on for the terms listed

Area 4. Cost to Attend Less Gift Aid

  • This is the Cost of Attendance with Grants and Scholarships subtracted.

Area 5. Financial Aid Awards

The financial aid awards offered are based on the financial need of the student.  Awards are broken down into:

  • Gift aid (grants and scholarships that do not have to be repaid).

  • Work-Study (aid that must be earned).

  • Loans (aid that is borrowed and must be repaid).

Area 6. Net Student/Family Cost if using all aid sources

  • Cost of Attendance – Grants and Scholarships – work study – loans = estimated cost to family.

Accepting Awards on SIS

Click here for a step-by-step tutorial on accepting your aid.

Who needs to do this?

All students receiving the Perkins Loan, Direct Loans, or Work-Study funding need to accept these awards.

Where do I go?

Visit sis.umflint.edu to accept your awards.

What do I need?

You will need your UM-Flint uniqname and your LAN password.

Steps to follow

  1. Read "Required Reading"
  2. Go to sis.umflint.edu
  3. Log in
  4. Click "Financial Aid"
  5. Click "Awards"
  6. Click "Awards by Aid Year"
  7. Select the current aid year
  8. Click the "Award Overview" tab to view your awards
  9. Click the "Accept Award Offer" tab to begin accepting your awards
  10. Scroll down on this page and follow the instructions for accepting your aid

Additional Information

  • Work-Study awards are cancelled if not accepted by September 30th

  • Loans are cancelled if not accepted by the end of the loan period

  • Students who have a student loan debt greater than 70% of their aggregate maximum will be required to attend a loan counseling session with a Financial Aid Officer in order to receive Federal Direct Loans

    • Students will be notified of this on the requirements screen (eligibility section) in SIS

       

Instructions for First-Time Borrowers

Signing the Electronic Master Promissory Note (EMPN)

Students borrowing through the Federal Direct Loan Program must complete a Direct Loan Electronic Master Promissory Note (EMPN) in order to receive their Direct Loan funds. The EMPN authorizes UM-Flint to credit Direct Loan funds to your student account. You will only need to complete this requirement once during your attendance at UM-Flint. 

After completing the EMPN, the Office of Financial Aid will receive electronic confirmation of this completiong and you will immediately receive a confirmation number so that you know the federal government has received and accepted the EMPN.

Click here for a tutorial that explains the EMPN process.

Where do I go?

Visit studentloans.gov to complete the EMPN.

What do I need?

You will need your Department of Education PIN, your SSN, your permanent address and phone number, and two references with complete names, addresses, and phone number. The process takes about 20-30 minutes.

Steps to follow

  1. Visit studentloans.gov
  2. Click "Sign in"
  3. Sign in with your information
  4. Click "Complete Master Promissory Note" - make sure you select the "Subsidized/Unsubsidized" option if you are an undergraduate and the "Graduate PLUS" option if you are a graduate student who has accepted Graduate PLUS loan funding
  5. Select the University of Michigan-Flint as your school
  6. Enter the required information
  7. You will have the option to print the EMPN once it is completed

Additional Information

  • If you have consolidated your loans or if it has been more than 10 years since you signed your original EMPN, you will need to complete another EMPN

 Completing Online Entrance Counseling

Students borrowing through the Federal Direct Loan Program must complete counseling in order to receive their Direct Loan funds. Your quiz results will be transmitted electronically to the Office of Financial Aid.

Click here for a tutorial that explains the entrance counseling process.

Where do I go?

Visit studentloans.gov to complete Entrance Counseling.

What do I need?

You will need your Department of Education PIN and your SSN.  The process takes about 15-20 minutes.

Steps to follow

  1. Visit studentloans.gov
  2. Click "Sign in"
  3. Sign in with your information
  4. Click "Complete Counseling"
  5. Select "Entrance Counseling and click "Start"
  6. Select the University of Michigan-Flint as your school and click the "Notify this school" button
  7. Proceed to complete the process

Perkins Borrowers

If you accept a Perkins Loan, you will be sent instructions with a Master Promissory Note (MPN). Perkins MPNS are signed one time and are valid throughout your continued attendance at UM-Flint, (continuing UM-Flint students who have already signed a MPN will not be sent a new one). Students are required to fill out a new Perkins Loan Questionnaire each academic year.

Other requirements

You may have other requirements that must be fulfilled before your aid will pay.

Click here to view a tutorial that explains the process of checking for requirements on your student account.