Renewing Financial Aid Each Year

You must complete your FAFSA for each academic year.

Complete the  FAFSA (Free Application for Financial Aid) each year to be considered for financial aid. Remember, there could  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. Confirm your Federal Student Aid ID (and make your parents confirm theirs)

You don't need to create an FSA ID each year, but you should be certain that you know yours.  If you are a dependent student, make certain that your parent knows his/her FSA ID too.  

2. Apply on time

The FAFSA application cycle opened October 1, 2020 for the 2021-2022 academic year, you can apply now!  It is important to remember that while you will report current household size, number in college, and assets, all of the income information will be based on 2019.   

3. Review your Student Aid Report (SAR)

Your Student Aid Report is the U.S. Department of Education's 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 & Scholarships 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 family's federal tax return transcript and other income documentation. You will also be asked to confirm household size and number of children in college. The Office of Financial Aid & Scholarships 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 Award

The Office of Financial Aid & Scholarships will send you a Financial Aid Offer by email.  Grants are accepted upon your behalf, but you must accept scholarships, loans, and work study awards to be able to use these funds. You may accept your financial aid offers online using Financial Aid and Scholarship Self-Service.

In addition to creating a FSA ID, submitting requested documentation, and responding to your financial aid award, you must meet basic requirements to be eligible for financial aid listed below:

  • 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.

Office of Financial Aid & Scholarships

1183 - University Center
4901 Evergreen Road
Dearborn, MI 48128
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