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Renewal

Renewal

  • Yes, you need to complete a Free Application for Federal Student Aid (FAFSA) each year you are enrolled in college.
  • In order to renew the Michigan Achievement Scholarship, a student must complete a current year FAFSA, have a Student Aid Index (SAI) of $30,000 or less, be enrolled full-time, continue to be a Michigan resident, not be in default on a Federal student loan, and meet the institution’s Satisfactory Academic Progress (SAP) policy.
    • Students who received the Michigan Achievement Scholarship in Academic Year 2023-24, and have completed a 2024-25 FAFSA, shall be considered meeting the financial need component of the Michigan Achievement Scholarship for Academic Year 2024-25 regardless of their SAI. Received is defined as:
    • A student receiving payment of Michigan Achievement Scholarship, or
    • A student who met all eligibility criteria and was certified as exceeds Cost of Attendance (COA)
    • A student does not have to receive the Michigan Achievement Scholarship every academic year in order to receive it in a subsequent year, as long as it is within the five academic years once their first Michigan Achievement Scholarship payment is received, and they continue to be eligible.  A student that is considered eligible and receives a payment within the 15-month timeframe after graduation (or equivalent) can float in and out of eligibility.
  • Students may be eligible to receive the Michigan Achievement Scholarship for up to five years total, with no more than three years at a Michigan community college and Tribal college.