- Complete and submit the 2017-18 Free Application for Federal Student Aid (use federal code 002325) and the 2017-18 CSS/Financial Aid PROFILE (Use U-M's CSS code 1839). To be considered for all aid programs, we must receive your FAFSA record and your PROFILE application (to be considered for institutional grants and scholarships) by April 30.
- Complete and submit the 2016-17 Free Application for Federal Student Aid (use federal code 002325). We must receive your FAFSA record and all supplemental documents requested by May 10 for Spring Term and June 15 for Summer Term.
Special notes to Spring/Summer admits:
You must be registered at least half-time for Spring/Summer classes at UM-Ann Arbor in order to receive financial aid. If you have not yet completed a Free Application for Federal Student Aid (FAFSA) for the current year, you must complete it now to apply for Spring/Summer aid.
Example: If you are applying for 2017 Spring/Summer Aid and have already submitted a 2016-2017 FAFSA for Fall/Winter aid, do not submit another FAFSA when applying. (If you did NOT submit a 2016-2017 FAFSA, you must file one to be considered for Spring/Summer 2017 aid. The Office of Financial Aid might ask for additional materials as your application is reviewed.)
These limits include:
- Annual loan limits, or how much you can receive each year. The loans you are eligible to receive each academic year will depend upon your year in school and whether you are a dependent or independent student. For undergraduates, the amount of subsidized loans is limited.
- Aggregate loan limits, or the total that you may borrow for undergraduate and graduate study. If the total loan amount you receive over the course of your education reaches the aggregate loan limit, you will have no eligibility for federal loans to finish your education.
For more about loan limits, call and speak with a financial aid counselor or visit the Federal Student Aid website.
Initial financial aid offers for some undergraduates will not include Unsubsidized Federal Direct Loans, although these loans are available to eligible students through a special process. This process includes an online tutorial, calculating cumulative student debt and considering what it will cost to take out an additional loan.
Students requesting a Federal Direct Loan for Spring/Summer will also meet with a financial aid officer to discuss their cumulative borrowing.
More about the U-M Smart Borrowing program