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FAQ
FAQ Scholarships and Grants

• How can I be certain the Michigan Office of Scholarships & Grants will receive my Free Application for Federal Student Aid (FAFSA)?

• What happens if my FAFSA is not completed by the suggested filing date of March 1?

• When listing the names of colleges/universities in Step 6, does the order matter?

• Do other scholarships, grants or loans affect my award?

• May I receive the Michigan Competitive Scholarship and the Michigan Tuition Grant simultaneously?

• May I transfer my award to another Michigan college?

• Is my Michigan Competitive Scholarship/Michigan Tuition Grant awarded for four years?

• Can I still receive the Michigan Competitive Scholarship/Tuition Grant if I don't attend full-time?

• How can I obtain additional information about other scholarship/financial aid opportunities?

• What is the Michigan Merit Award?

FAQ Student Loans

• How do I apply for a student loan?

• Where can I obtain a loan application?

• How much money will I be able to borrow?

• What is a Stafford Subsidized and Unsubsidized Loan?

• What is a PLUS Loan?

• What is a Grad PLUS Loan?

• Is there a deadline for filing a loan application?

• What is the status of my loan application?

• Can I receive my loan funds in a lump sum?

• What is the interest rate or costs to receive my student loan?

• When do I have to start payments on my student loan?



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