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Financial Aid

Financial Aid

Financial aid is a term used to describe any source of assistance that is awarded to help a student pay for their college expenses. These funds are generally based on financial need and include:

  • Scholarships
  • Grants
  • Loans
  • Employment
     

The Free Application for Federal Student Aid (FAFSA) is required to receive financial aid from colleges. The FAFSA becomes available for completion on October 1. Since a lot of financial aid is awarded on a “first-come, first-served“ basis, it is important to check financial aid requirements for each college to determine required application materials and deadlines. The State of Michigan deadline for filing for financial aid is March 1st.
*Note: You may file after March 1st, but your financial aid may be lower.

Click here to access the FASFA application: https://studentaid.gov/h/apply-for-aid/fafsa

Students and parents are required to sign up for a FSA ID, made up of a username and password. Your FSA ID is used to confirm your identity when accessing your financial aid information and electronically signing your federal student aid documents. Learn more about the FSA ID at: https://studentaid.gov/fsa-id/create-account/launch

Financial Aid Resources

Financial Aid 101 --> https://bigfuture.collegeboard.org/pay-for-college/financial-aid 

Filling out the FAFSA --> https://studentaid.gov/apply-for-aid/fafsa/filling-out​

How Financial Aid works --> https://studentaid.gov/h/understand-aid/how-aid-works​

Types of Financial Aid --> https://studentaid.gov/understand-aid/types​​ 

Federal Student Aid & Homeless Youth/Undocumented Students -->https://studentaid.gov/2425/help/unaccompanied-homeless

FinAid Guide to Financial Aid & Eligibility Calculator --> https://www.finaid.org/ 

Avoid Financial Aid Scams--> https://studentaid.gov/resources/scams​

Federal Student Aid Videos