At U-M, scholarships are awarded based on several criteria including academic achievement, personal talents, interests, leadership qualities, financial need, or a combination of these. A separate application may be required for some scholarships, but most only require that you have submitted your university admission application.
Once you are admitted to U-M, you will be considered automatically for most of the grants administered by the Office of Financial Aid. Grants are funds from the government or the university that do not need to be repaid. Most grants are awarded based on financial need, but there are also some that are not based on financial need.
Loans are aid that need to be repaid, with interest, after you graduate or leave college. Most student loans are Direct Loans offered through the U.S. Department of Education. If you are not eligible, you can apply separately for a supplemental loan through the federal government or a private lender.
Many students choose to work during college so they can contribute toward their college costs. Federal Work-Study is a program for students who have financial need that funds part-time jobs for undergraduate and graduate students. The U-M Student Employment Office also posts job opportunities on the U-M campus and in the surrounding communities that are open to all students.