Questions about Financial Aid
FAQ's for Financial Aid
- How do I apply for financial aid?
- Do I re-apply for financial aid each year?
- Is it safe to apply on-line?
- When is it too late to apply for financial aid?
- What types of grants can I receive at UM-Flint?
- How do scholarships work?
- Are scholarships automatically applied to my account?
- Can students re-apply each year if they didn't receive a scholarship this year?
- When is the application deadline for scholarships?
- What are the differences between loans and grants?
- How do I apply for a PLUS Loan?
- When will I receive the financial aid award letter?
- When do I find out what scholarships, grants or loans I have been awarded?
- How and when will my awards be paid to my student account?
- When will we know how much tuition will be?
- I just lost my job. What can I do now that my need for financial assistance is greater?
- Information about college loan Deferment during Residencies
How do I apply for financial aid?
To apply for financial aid visit the Free Application for Federal Student Aid (FAFSA) website at Link URL: www.fafsa.ed.gov/. Students must reapply each year. In addition, prior to filing the FAFSA on line students must have a PIN assigned by the U.S. Department of Education. These PINs act as an electronic signature and are therefore mandatory when filing on line. A PIN can be obtained at www.pin.ed.gov/ FAFSAs submitted without proper PINs will be rejected and awards cannot be made until all proper signatures are received by the federal processor. The date required to file to be considered for financial aid through the State of Michigan is March 1.
For more detailed step-by-step instructions please visit the How to Apply section of our web site.
Do I re-apply for financial aid each year?
Is it safe to apply on-line?
When is it too late to apply for financial aid?
What types of grants can I receive at UM-Flint?
Graduate student grant support is available for graduate students admitted to or enrolled in a University of Michigan - Flint graduate program who demonstrate financial need as determined by filing the FAFSA. Awards are made to Michigan residents only who are enrolled at least half-time (4 credit hours).
At this time, no grants exist for Non-Residents.
Free Application for Federal Student Aid (FAFSA) needs to be filed by the following dates for graduate grant consideration:
November 1 – Winter Semester
March 1 – Spring/Summer Semester
June 1 – Fall Semester
How do scholarships work?
Scholarships are available for graduate students admitted to or enrolled in a University of Michigan-Flint graduate program who meet the criteria. They require neither repayment nor employment. Some graduate student scholarships are applicable to students in any graduate program; others are available to students in particular programs. Find information about PT specific scholarships at http://www.umflint.edu/pt/Entry-LevelDPT/scholarships.htm.
The University of Michigan-Flint Physical Therapy Department offers one scholarship for out-of-state students. The student applies via online form and returns to the Physical Therapy department. Awards will be applied directly to the students account.
The University of Michigan-Flint Graduate Programs Department offers several scholarships to graduate students. Please visit the Graduate Programs Financial Aid Scholarships page for more information reqarding criteria and application instructions.
Are scholarships automatically applied to my account?
Scholarships are applied to a student's account after they fulfill all the requirements for a particular award. The most common requirement is a thank you letter for the donor of a scholarship. Students can apply for scholarships for the following academic year starting in December through June 1st.
Can students re-apply each year if they didn't receive a scholarship this year?
When is the application deadline for scholarships?
What are the differences between loans and grants?
- Loans are financial aid that must be paid back. Federal Subsidized Loans and Perkins Loans do not accrue interest until a student graduates unlike Unsubsidized Loans and PLUS which have interest added to a loan's principal balance while a student is in school.
- Grants are gift aid based on financial need that does not have to be repaid.
How do I apply for a PLUS Loan?
A graduate student may apply for a PLUS loan by completing the PLUS loan application available at studentloans.gov. The application is then processed and a credit check is performed by the Department of Education. Graduate students approved for a PLUS loan are then asked to complete the Electronic Master Promissory Note (EMPN) on line. Once all of these requirements are met, the PLUS loan is automatically accepted. Funds are applied directly to their account. The graduate student may apply for additional loans only after their unsubsidized limit has been reached for the academic aid year.
When will I receive the financial aid award letter?
When do I find out what scholarships, grants or loans I have been awarded?
Graduate students who applied for UMF scholarships during the open application period will receive letters as to the committees' decisions beginning in August of each year.
The UMF Student Information System (SIS) can be accessed at www.umflint.edu/sis to view all financial aid awards. These awards can be accepted by going into the Award Information Section and selecting the Accept Award Offer tab.
How and when will my awards be paid to my student account?
When will we know how much tuition will be?
- Tuition costs for each year must be approved by the University of Michigan Board of Regents and are typically approved for all three campuses over the summer months.
- Students receive a tuition E-Bill (electronic message sent to their UMF Outlook email account approximately two weeks before a semester begins. Billing is handled by the Student Accounts Office.