More financial aid questions

<p>So I am receiving a very generous amount of aid from UM but my question is will my grants and work study stay constant throughout my time at the U? Will they take those away or will any major changes occur?</p>

<p>You must reapply for need-based aid each year by submitting the FAFSA. If your income and financial circumstances don’t fluctuate too much from year-to-year, you can ASSUME that unless their formula drastically changes, you should get similar aid each year. Further, UM grades are taken into account after your first year for need-based aid.</p>