Loans, choosing courses, and everything in between

Colleges & Universities A-Z University of Michigan
1

<p>Hi guys! I’m pretty new to the whole college scene, as none of my parents have gone to college nor do i have any older siblings/relatives in or out of college to look to.
I’m sorry this is so long…but if you have any insight on the following that you’d be willing to share, I’d really appreciate it :)</p>

<li><p>How do you pick college courses? I know you sign up for them at orientation, and that 4-years = 120 credits…but that’s about it. I’m going into LSA undecided, but am leaning towards biology and/or architecture (totally opposite ends of the spectrum, i know :confused: ) Are there a certain number of credits you must take during each year, or is it totally up to you how you divide all those credits up per semester?</p></li>
<li><p>I live in MI, and have the Michigan Education Trust (MET) Program. I’m planning on using that for my Fall 2008 credits, and have already filled out and faxed in my 3181 form to MET. According to <a href=“http://michigan.gov/documents/fullbenefits_10188_7.pdf[/url]”>http://michigan.gov/documents/fullbenefits_10188_7.pdf</a>, MET will then notify my college, and all tuition bills will be sent to MET directly (pg 6). But is there any other way to handle the money? </p></li>
<li><p>Does anyone know what the date that you must accept/decline a loan offered to you at the end of your financial aid process is? I can’t find it anywhere on my Student Business.</p></li>
<li><p>Apparently there is a bank that “teams” with MSU, where MSU students can apply for loans from that bank, but benefits are included (discount/lower interest rate?) I’m not too sure on what that bank is, maybe Laselle? Anyhow, is there such a bank like this for UMich? </p></li>
<li><p>Any other information you think would be helpful regarding financial aid or advice on how to choose courses and how APs/SATIIs play into that</p></li>
</ol>

<p>Thanks everyone!</p>

2

<p>bump.. anyone??</p>

3

<p>I had the same question as I am the first person in my family to go 2 college in the states. My parents both went to university in england when it was free so im still trying to figure out how to pay for tuition.</p>

4

<p>Justaspirant, many of your question are technical in nature and should be answered by the University. </p>

<p>1) You decide how many credits and what courses you take each trimester. Some trimesters, you can take as many as 18 credits and other trimesters, you can take as few as 12 credits. Most trimesters, you will probably take between 14 and 16 credits. As long as you average 15 credits per trimester, you should graduate in 4 years.</p>

<p>2) I asure I understand what you mean by “is there any other way to handle the money?” Shouldn’t your parents have the answer to this question?</p>

<p>3) You should contact the institution that has offered you the loan and ask them. This is official, you should not rely on somebody here. I would assume that if there is not deadline mentioned on the documents, then there isn’t one. But you really should contact the institution that has offered you the loan.</p>

<p>4) I would assume that this changes from time to time. Perhaps one of the posters would know, but I am not sure.</p>

<p>5) Some AP will get you credits and/or place you out of certain classes. You obviously have to score at least a 4 out of 5, and you should remember that it is not always the case. Below is a link to how Michigan approaches AP exams.</p>

<p>[University</a> of Michigan - Office of Undergraduate Admissions](<a href=“http://www.admissions.umich.edu/academics/apguidelines.html]University”>http://www.admissions.umich.edu/academics/apguidelines.html)</p>

<p>SAT IIs are not relevant or considered.</p>