Dental (DDS) Students

The U-M School of Dentistry is committed to helping each admitted student pursue the an education in the dental profession. Financial assistance is offered through federal loans and other programs. Funds are allocated based on a student's need for assistance and on current federal, state, University, and School of Dentistry policies and guidelines for financial aid programs.
 
The information on this page is for students in the D.D.S. program. Graduate students in other dental programs should see the general information for Graduate Students. Undergraduates entering the Dental Hygiene program should see the general information for New Undergraduates.

FINANCIAL AID GUIDES
The guides below should answer all or most of your questions about financial aid at U-M. If you need help, please contact us.

Dental Required Reading
2016-2017

The primary reference D.D.S. students awarded financial aid at U-M

Dental Required Reading

 

A Guide to Financial Aid
for Prospective Students

A comprehensive guide for all prospective D.D.S. students

Dental guide cover 2014

 

Find out about Dental School Scholarships

ESTIMATED COSTS/BUDGETS FOR D.D.S. STUDENTS

IN-STATE (Michigan Residents)

D1 *
 
$30,944
TUITION & FEES
$4,174
BOOKS/LAB
$3,490
INSTRUMENTS (OTHER)
$26,430
LIVING COSTS
$65,038
TOTAL BUDGET

D2 **
 
$37,125
TUITION & FEES
$3,392
BOOKS/LAB
$3,090
INSTRUMENTS (OTHER)
$31,716
LIVING COSTS
$75,323
TOTAL BUDGET

D3 ***
 
$37,125
TUITION & FEES
$2,315
BOOKS/LAB
$3,090
INSTRUMENTS (OTHER)
$31,716
LIVING COSTS
$74,246
TOTAL BUDGET

D4 **
 
$37,125
TUITION & FEES
$4,049
BOOKS/LAB
$3,090
iNSTRUMENTS (OTHER)
$31,716
LIVING COSTS
$75,980
TOTAL BUDGET

OUT-OF-STATE (Non-Residents)

 

D1 *
 
$48,166
TUITION & FEES
$4,174
BOOKS/LAB
$3,490
INSTRUMENTS (OTHER)
$26,430
LIVING COSTS
$82,260
TOTAL BUDGET

D2 **
 
$57,792
TUITION & FEES
$3,392
BOOKS/LAB
$3,090
INSTRUMENTS (OTHER)
$31,716
LIVING COSTS
$95,990
TOTAL BUDGET

D3 **
 
$57,792
TUITION & FEES
$2,315
BOOKS/LAB
$3,090
INSTRUMENTS (OTHER)
$31,716
LIVING COSTS
$94,913
TOTAL BUDGET

D4 **
 
$57,792
TUITION & FEES
$4,049
BOOKS/LAB
$3,090
INSTRUMENTS (OTHER)
$31,716
LIVING COSTS
$96,647
TOTAL BUDGET

*10-month budget.
**12-month budget due to revised curriculum. 

Tuition and fees are set by the Regents each June. The tuition and fees cited here are actual costs based on tuition rates approved by the U-M Regents in June 2015. Full- and part-time tuition and fees for all U-M Schools and Colleges are available from the Office of the Registrar.  
D1 Instruments Fee includes a $400 deposit.
Living Costs include room and board, personal/miscellaneous expenses and purchase of health insurance.
Budgets will be increased by the amount of loan fees deducted from your federal Direct Loans.

MAJOR FINANCIAL AID PROGRAMS FOR D.D.S. STUDENTS

Federal Perkins Loan

DESCRIPTION

  • Federally funded; supplemented by U-M funds
  • 5% fixed interest

ELIGIBILITY

  • Need-based: Eligibility based on student's Expected Family Contribution (EFC); allowable EFC is determined by federal funding levels
  • Student must be enrolled at least half-time in a degree program and must meet financial aid priority application deadline  

TERMS

  • Repayment is deferred and there is no interest while student is enrolled at least half-time.
  • Six- or nine-month grace period before repayment begins (see master promissory note)
  • Minimum monthly repayment: $40
  • Special deferment and cancellation provisions for volunteer service (Peace Corps, Armed Services, etc.); see the U.S. Dept. of Education's Student Guide and the U.S. Dept. of Education website (for information specifically for teachers)
  • Students who have not previously signed a master promissory note at U-M must do so on Wolverine Access. See the Perkins Loan Rights and Responsibilities
  • Loan borrowers must complete exit counseling through U-M Student Loan Collections. For information, visit the Student Loan Collections website.
  • Special Note: The U.S. Congress passed legislation and President Obama has signed it into law Dec. 18, 2015 extending the Perkins Loan program with some restrictions. More about this change will be posted on this website as guidance is offered by the U.S. Dept. of Education.

More information from the U.S. Department of Education

Dental Health Professions 

Loan

DESCRIPTION

  • Federally funded
  • 5% fixed interest

ELIGIBILITY

  • Need-based (parental financial information required)
  • Student must be enrolled at least half-time in the Dental program and meet the financial aid priority application deadline

TERMS

  • Repayment is deferred, no interest while student is enrolled at least half-time
  • Twelve-month grace period before repayment begins
  • Minimum monthly repayment: $40
  • Special deferment provisions for volunteer service, etc.); see the U.S. Dept. of Education's Student Guide
  • Students must review the Health Professions Loan Rights and Responsibilities on Wolverine Access each year before disbursement
  • Students who have not previously signed a master promissory note must do so on Wolverine Access. You must also complete a Rights and Responsibilities Statement each year before disbursement 

More information from the U.S. Department of Education

Federal Direct Stafford Loan, Unsubsidized

DESCRIPTION

  • Federally funded
  • 5.84% variable-fixed interest rate (effective July 1, 2015)
  • See borrowing maximums below

ELIGIBILITY

  • Non-need-based
  • Enrolled at least half-time in a degree program

TERMS

  • Students accepting Direct Loan funds for the first time must complete an online Direct Loan Master Promissory Note before receiving their loan funds
  • Interest begins accruing immediately; it may be paid periodically or capitalized (see promissory note)
  • Repayment of principal is deferred while the student is enrolled at least half-time
  • Limited deferment provisions; see the U.S. Dept. of Education's Student Guide and the U.S. Dept. of Education website (for information specifically for teachers)
  • 1.073% origination fee (1.068% for loans disbursed on or after Oct. 1, 2015)
  • First-year students who are first-time borrowers must complete online Direct Loan Entrance Counseling.

BORROWING MAXIMUMS

Combined borrowing maximums for Subsidized and Unsubsidized Direct Loans is $40,500/year. Cumulative loan debt is $224,000 (only $65,500 of this can be Subsidized Loan). These maximums include Direct Loans you received as an undergraduate.

More information from the U.S. Department of Education

Federal Plus Loan For Graduate Students

DESCRIPTION

  • Federally funded
  • 6.84% variable-fixed interest rate (effective July 1, 2015)

ELIGIBILITY

  • Non-need-based (may borrow the cost of attendance minus other aid)
  • Enrolled at least half-time in degree program
  • Borrower cannot be 90 days or more delinquent on the repayment of any debt or the subject of a default determination, bankruptcy discharge, foreclosure, repossession, tax lein, wage garnishment, or write-off of a Title IV debt during the last five years

TERMS 

  • Borrower must complete the Free Application for Federal Student Aid (FAFSA) to apply
  • Loan is deferred while you are enrolled at least half-time and for an additional six months after you are no longer enrolled at least half-time. Interest accrues during deferment; you may pay accrued interest or allow it to capitalize when deferment ends
  • PLUS loans may be consolidated with other Direct Loans
  • 4.292% origination fee (4.272% for loans disbursed on or after Oct. 1, 2015)

More information from the U.S. Department of Education

Work-Study

Federal Work-Study awards are offered to a small number of D.D.S. students each year. Because it is difficult for D.D.S. students to work while completing their studies, prior approval must be given for Work-Study. Awards need-based and are earned by working for eligible employers on- and off-campus.  Students must be enrolled full-time in a degree program.  Restrictions apply and limited funding is available.

HOW TO APPLY FOR FINANCIAL AID

Eligibility:  Students must be U.S. citizens or eligible non-citizens as defined by the U.S. Department of Education and must be enrolled in a program leading to a degree in order to qualify for all aid programs. You must be a U.S. citizen or permanent resident to apply for federal aid. To be considered for all financial aid programs (including grants and the Health Professions Loan) follow these steps and note the deadlines below:

  1. Complete the FAFSA on the web at www.fafsa.gov 
    • Include both your parents' and your own data on the FAFSA.
    • The University of Michigan's federal school code is 002325. 
  2. Complete and submit the following additional documents if requested by our office:
    • Your 2015 Federal Income Tax Form
    • Your Parents' 2015 Federal Income Tax Form (Please put your name on the corner of the return so it can be matched with your file.)
    • If you are not required to file a 2015 Federal Income Tax Return we will need a Non-Filing Statement. (Complete this form only if you and/or your parents will not file a 2015 Federal Income Tax Return.)
    • U-M School of Dentistry Applicant Data Form

How to send these additional documents:

  • Deliver or mail them to Mary Gaynor at the School of Dentistry (address below)
  • Leave them in the drop box outside of Room G226 at the School of Dentistry
  • Fax them to Mary Gaynor at (734) 764-1922

DEADLINES FOR ENTERING STUDENTS:

  • May 6, 2016: Deadline for U-M receiving your FAFSA from the federal processor
  • May 20, 2016: Deadline for U-M receiving any additional, required documents

DEADLINES FOR CONTINUING STUDENTS:

  • March 28, 2016: Deadline for U-M receiving your FAFSA from the federal processor
  • April 18, 2016: Deadline for U-M receiving any additional, required documents 

WHAT HAPPENS AFTER YOU APPLY
We will review your file after receiving your FAFSA data and other documents. Email notification will begin in April. You will receive an e-mail message indicating that an electronic award letter is available on Wolverine Access for you to view/print. We assume that students will accept all awarded financial aid. If you wish to reduce or decline any loans, contact Mary Gaynor by e-mail at mgaynor@umich.eduor call (734) 763-4119. If this is the first time you have received a federal direct loan at U-M, you will receive information about how to complete an electronic master promissory note(s). If you need additional financial resources, please refer to our information about the federal Grad PLUS loan. Your loan eligibility would be the difference between the educational budget and the amount of financial aid listed on your Award Notice. 

RECEIVING YOUR FINANCIAL AID

Your financial aid will be paid by enrollment term. Financial aid is applied to charges on your student account and you will receive a refund of remaining funds by the first day of classes, so you will have money to purchase books and pay living expenses.  You may have your refund directly deposited to your bank account (visit Wolverine Access and select direct deposit). Otherwise, a check will be sent to your local address on record with the University. If no local address is recorded, the check will be sent to your permanent address.  Update your address information via Wolverine Access. 

CONTACT US
For additional information about financial aid for D.D.S. students, contact:
  
University of Michigan School of Dentistry
1011 N. University
Ann Arbor, MI  48109-1078
Phone: (734) 763-4119
Fax: (734) 764-1922

CONTACTS:

  • Mary Gaynor, Assistant Director of Financial Aid, D.D.S. Program
    E-mail: mgaynor@umich.edu
  • John H. Mank, Assistant Director of Financial Aid, D.D.S. Program
    E-mail: johnhm@umich.edu

Office Hours at the School of Dentistry, Room G226: 11 a.m. - 1 p.m. Monday-Friday.  
For information about the Dentistry programs at U-M, visit the School of Dentistry website.