Continuing Financial Aid Eligibility
You must complete a FAFSA (Free Application for Financial Aid) each year to be considered for financial aid. Each year, there may be changes to income, assets, household size and number in college. Even if there are no major changes, a new FAFSA is needed to confirm the family status for the past year and to be considered for federal, state and university financial aid programs.
1. Create your Federal Student Aid ID
The Federal Student Aid ID (FSA ID) replaces the FSA PIN as of May 10, 2015. The Department of Education has made this change to conform to industry wide best practices for online security. Please visit How to Create Your FSA ID for step-by-step instructions, a video demonstration, and a toll free telephone number if you have questions.
2. Apply on time
The Office of Financial Aid recommends that students and their families apply for financial aid by February 14th--Valentine's Day. The FAFSA on the Web (www.fafsa.gov) will be open for business on January 1 annually for the upcoming academic year that begin in September. Remember to print out your application information and confirmation number.
3. Review your Student Aid Report (SAR)
Your Student Aid Report is the U.S. Department of Educationís response to your FAFSA. Please review the information for accuracy and make changes if necessary. Retain this document for your personal records. The Office of Financial Aid will receive a copy of your application electronically.
4. Provide additional information if requested
If your application is selected for a process called verification, you will be asked to submit your familyís Federal tax returns and other income documentation. You will also be asked to confirm household size and number of children in college. The Office of Financial Aid will automatically notify you of required documents.
Failure to complete your file in a timely manner may result in closing your application. Applications can be reactivated with the submission of the required documents. Delays in responding may result in reduce gift aid assistance due to limited funds available.
5. Review and respond to your Financial Aid Offer
The Office of Financial Aid will send you a Financial Aid Offer by E-mail. The Office of Financial Aid accepts grants on your behalf, but you must decide on loans and work study awards. You may accept your financial aid offers online using UM-Dearborn Connect . Accepted amounts will be divided equally between the Fall and Winter Terms.
In addition to creating a FSA ID, completing your FAFSA by the priority date of March 1st, submitting requested documentation, and responding to your financial aid award, you must meet basic requirements to be eligible for financial aid.
- Meet the minimum requirements for maintaining satisfactory academic progress
- Enroll at least half-time (6 credits undergraduate, 4 credits graduate student)
- Are not in default on a federal student loans and do not owe a refund on a federal grant
- Remain enrolled in an eligible academic program leading to a bachelor, master, doctoral degree or a teaching certificate
- In addition, you must meet other basic criteria:
- Have earned a high school diploma, GED certificate, or completed high school in a homeschool setting approved by state law
- Be registered with the Selective Service if you are a male between 18 and 25
- Have a valid Social Security number (unless you are from the Republic of the Marshall Islands, the Federated States of Micronesia, or the Republic of Palau
- Be a U.S. citizen or eligible non-citizen (the latter now includes Battled Immigrant Status or if you or your parent have a T-Visa.