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Understanding Your Financial Aid Offer
Understanding Your Financial Aid Offer
Congratulations on receiving your financial aid offer! This resource will help you have a better understanding of the sources of financial aid you have been awarded. If you still have questions, reach out to your schools financial aid office for additional support.
Types of Financial Aid
What Do My Awards Mean?
You may have been awarded a few different types of financial aid in your letter, use the search below to find a description of what they mean. If you still need additional clarification for a specific award on your letter, reach out to your financial aid office at the school that the letter came from.
Debt/Salary Wizard
Responsible Borrowing
It's important to be a responsible borrower when it comes to going to school.
Repayment
Outside Scholarship Search Tips and Resources
- Scholarship Search Tips:
- Michigan Community Foundations
- Community Foundations located throughout Michigan offer scholarships for new and returning students that are residents of their respective county. Search the statewide directory to find the application for your local county community foundation. Deadlines tend to be early in the calendar year (February/March).
College Planning
- Affording College in Michigan Guidebook
- State of Michigan College Savings Plans
- Use college’s Net Price Calculators to compare estimated costs and aid at Michigan college(s) and non-Michigan schools.