Time is Running Out to Keep Tuition Incentive Program BenefitsContact: See contact information below.
June 17, 2020
Time is running out for eligible individuals who graduated in 2016 with a high school diploma or equivalent to claim their Tuition Incentive Program (TIP) benefits, according to the Michigan Department of Treasury.
“This is an important benefit for those who were identified as TIP students in 2016,” State Treasurer Rachael Eubanks said. “TIP provides money to eligible students so they can receive help to pay for a certificate, associate degree or a portion of a four-year degree. It doesn’t have to be paid back.”
The grant program – commonly referred to as TIP – encourages eligible Michigan Medicaid recipients to complete high school by providing college tuition assistance. Eligible TIP students have four years from high school graduation to initiate TIP benefits or permanently forfeit eligibility.
For the class of 2016, this means TIP students must be enrolled in college at least halftime by the upcoming fall 2020 semester or become permanently ineligible to receive TIP.
All TIP students must file the Free Application for Federal Student Aid (FAFSA) to receive TIP benefits.