The Type of Aid That is Best for You

There are many varieties of financial aid available to students at the University of Michigan-Flint, each with their own benefits and requirements. It is important to know how each type of aid works before applying for aid. Students must complete the Free Application for Student Aid (FAFSA) and be an eligible student to qualify for most financial aid.

Grants

Grants are a form of “gift aid” – this means they do not need to be paid back. They are typically need-based – this ensures students with high levels of need will have their needs met. Types of grants include the Federal Pell Grant, Supplemental Education Opportunity Grant (SEOG), Teacher Education Assistance for College and Higher Education (TEACH), and more. A FAFSA must be completed to be considered for grants. 

Loans

Loans are a type of aid that must be repaid. Depending on the type of loan, different interest rates and grace periods apply. Federal student loans allow students to borrow at special fixed interest rates and with flexible repayment plans. Students must complete the FAFSA and be an eligible student to qualify for federal student loans. While there are private or alternative loans available, it is important to pursue federal student loans first.

Scholarships

Many generous donors also provide scholarships at UM-Flint. These scholarships apply to many different academic programs and demographics. With the general application students are considered for multiple scholarships with one application. Various other scholarships are offered through external applications. 

Scholarships are generally merit-based but there may be additional criteria. Scholarships are awarded by the university, the state of Michigan and private organizations. Scholarships and grants generally do not have to be repaid or earned when awarded. While completing the FAFSA is the primary step in obtaining financial aid, it is not a scholarship application. The UM-Flint scholarship application is available to all students online annually between December and mid-February and open again to graduate students mid-March through June.

Work-Study

The Work-Study program offers students employment opportunities on-campus to help meet their financial needs. Job offerings are available in many disciplines and areas of study, and many students find jobs in their field. Students earn wages that they can use to meet educational expenses. Students must complete the FAFSA and be awarded work-study.