Financial Aid Tips and Warnings:

 

TIPS: WARNINGS:
  • Ask questions when you don’t understand.
  • Don’t expect your parents to fill out all your paperwork for you.  You need to become involved in the process.
  • Apply for Admission so that you receive our Scholarship Application Packet and the FAFSA.
  • Apply for financial aid prior to March 31st in order to get the best results.
  • Read the instructions.  Complete all forms thoroughly and accurately because errors cause delays.
  • Copy everything and keep a financial aid file at home containing of all your financial aid correspondence.
  • Check local civic, religious, and business organizations for scholarship possibilities.  Also, look for free scholarship searches on the Web.
  • Respond promptly to our request for additional information.
  • Be sure to list the UM code 001029 on your FAFSA.
  • Ask questions when don’t understand.
  • You must reapply for federal aid every year.
  • Your financial aid could be reduced if you do not enroll full time.
  • It may take up to three months to complete all the paperwork necessary to receive federal aid.
  • You may be required to repay financial aid if you have received money off you account and then you withdraw from school.
  • Missing an important deadline could seriously limit the amount of financial aid which you will receive.
  • Don’t forget- Apply early! If you complete your FAFSA in July or later, your money will probably not be ready by the first day of school.