August 2025 Newsletter

Important Dates

DateEvent
Aug. 8Bills emailed by Student Financial Services
Aug. 18Financial aid applied to bill by this date
Aug. 21Initial fall refunds issued
Aug. 25First day of classes
Aug. 31Bill due date
Sept. 15Drop/add deadline for classes and financial aid

 

Set Up Direct Deposit

Set up Direct Deposit to access your financial aid as soon as it is available.

Managing Your Fall 2025 Aid

As the fall semester begins, learn more about managing your aid with:

  • Helpful information to ensure receipt of your fall aid
  • Tips on understanding your student bill
  • The importance of having full-time enrollment by the Drop/Add date (Sept. 15)
  • Steps to follow if you receive a private scholarship

Satisfactory Academic Progress

Satisfactory Academic Progress (SAP) is important to maintain your financial aid eligibility. If you have been notified that you are not meeting SAP, the deadline to appeal for fall term aid is Sept. 1.

Appeals and Emergency Assistance

The U-M Office of Financial Aid (OFA) has options to assist you if unforeseen financial challenges impact your ability to pay for college. Students and families who may have experienced challenges of this nature are encouraged to reach out to the OFA for assistance.

Useful Loan Tips

Managing loans during your time at U-M will help establish responsible financial habits long after you leave campus. Find helpful information on:

  • Necessary steps to receive funds from loans
  • Reducing/canceling unwanted loans in Wolverine Access Self-service
  • Important information regarding private loans
  • An overview of different loan types

Cost of Attendance Breakdown

Understanding all the factors that comprise the Cost of Attendance calculation will help you better understand the aid you can expect to receive.