- Students with past due short-term loans will not be allowed to register for a new semester of study.
- Outstanding, unpaid balances may results in a change or reduction in your financial aid.
The Office of Financial Aid recommends that students borrow only what they need to accomplish the goal of a U-M education.
Families facing severe financial problems due to job loss, foreclosure or business declines should contact the Office of Financial Aid for a review of financial aid eligibility.
If you have experienced a significant and prolonged decline in family income, you may be eligible for additional financial aid. Financial aid officers can work with your family to find the best mix of resources to keep you enrolled. Circumstances that will be considered for an aid appeal include:
- Loss of income because of unemployment, change in health, or marital status change
- High unreimbursed medical and/or dental expenses
- Business loss (due to bankruptcy, foreclosure or natural disaster)
- High cost of attendance due to higher-than-usual book or supply expenses or child care costs under specific circumstances.
Contact our office for additional information or to speak with a counselor.
If you are experiencing a life crisis, you may need other forms of support in addition to financial help. Following are some of the offices and agencies that may help you. If you are ever feeling at a low point and need to speak with a counselor, these offices are available to assist you:
- CAPS (U-M Counseling and Pyschological Services): http://caps.umich.edu
- MiTalk: http://mitalk.umich.edu (an interactive website for U-M students, which includes online screening for depression and anxiety, skill-building tools to help manage stress and academic life, and digitally recorded workshops, lectures and relaxation exercises.)
- For a comprehensive list of help around both campus, and off, visit:www.umich.edu/~mhealth/students.html
Watch this "Messages of Hope" video from U-M Counseling & Psychological Services: