University of Michigan Financial Aid
Founded in 1817, University of Michigan is one of the leading institutes with the United States. It has over 26,000 undergraduate and over 15,000 postgraduate students enrolled in various programs. Students can enroll in a wide variety of degrees at Michigan such as finance, management, business, history, human resources, biology, chemistry and more. University of Michigan’s mission is to provide affordable and quality education to students with different career aspirations; Michigan financial aid is one of its efforts in line with this mission.
How to Apply for University of Michigan Financial Aid?
Students who want to enroll in different programs offered at this prestigious university can apply for financial aid by completing the FAFSA (Free Application for Federal Student Aid). Other than the FAFSA, students are also required to complete the CSS/PROFILE. The information provided in these forms allows the concerned department to determine what type of financial aid program a student deserves. Students who want to apply for University of Michigan financial aid should also get in touch with the financial aid office to get advice pertaining to their options.
Types of University of Michigan Financial Aid
In its effort to make quality education available to all students regardless to their financial status, Michigan offers a wide array of financial aid packages. These include grants, student loans, scholarships, and work-study programs. Students can also apply for private student loans in case these Michigan State University financial aid packages do not fulfill all their needs. Student loans include the federal financial aid which is granted to students on need basis while grants and scholarships have different eligibility criteria including the performance of students. Other University of Michigan financial aid offers include Parent loans, Education savings plans, Tax credits, Tuition reduction plans, Fellowships and Assistantships. Students at Michigan also avail Veterans' benefits as well as Tuition reimbursement options which makes attending a program at this institute more affordable. Even though Michigan does not offer financial aid to international students, but the advisors within the university can certainly help the prospective international students in this regard.