University of Michigan Financial Aid

Colleges and Universities A-Z University of Michigan
1

Hello,

I was accepted as a transfer student to U-M and received my ESTIMATED aid award. However, I applied last year, and was very close to committing until they told me that they would be taking away around $20,000+ in grants due to my sibling graduating from college. The thing that caught my eye is that although the grant money is different (this year I am actually receiving more due to a tuition increase), the final cost is the same. I know this is estimated and I still have to submit some additional documents, but is the estimated aid award almost 100% of what my official award will be? I am nervous to get my hopes up because a similar thing happened last year.

Also, it says I do not have to submit a CSS Profile like I did last year - is that normal or do you usually fill it out every year similar to the FAFSA?

Thanks! :slight_smile:

2

Why do you think your net cost should be lower this year than it was last year?

3

It’s not. I expected it to be higher this year, which is what they told me last year, but it is the same amount. @thumper1

4

Are you sure you indicated only ONE in college on your FAFSA?

5

I included the school I am currently enrolled in and then also had it sent to Michigan and another school that I was considering transferring to. @thumper1

6

How many people from your family did you say would be in college? Does the college meet need? I didn’t realize transfers could get the same aid as freshmen.

7

Last year (18-19), I reported two in college (my sister and I). However, for this year (19-20), the FAFSA only reports one student in college (me). @austinmshauri