All incoming students who complete the Free Application for Federal Student Aid (FAFSA) will receive an estimated financial aid package for the upcoming academic year. The
financial aid package is not a tuition bill, but rather an estimate of both charges
and financial aid awards. Tuition bills for the fall semester are posted in July.
Interactive Sample Financial Aid Packages
Below are interactive samples of the financial aid packages that are sent to resident
and non-resident prospective students. These sample letters provide additional helpful
information and definitions. Please note that these letters are only samples. The
type and amount of financial aid each student will be eligible to receive varies depending
on their individual academic performance and FAFSA data.
Additional Information
Please see the information below to better understand the components of your financial
aid award package. Please note that if you used estimated information to complete
your FAFSA, your financial aid may change once the estimated information is updated.
The US Department of Education randomly selects students who must show that the data
provided on their FAFSA is accurate. If you are selected for verification, send in
any requested documents as soon as possible. We ask that the requested documents be
submitted to the Financial Aid Office before June 1. Your financial aid will show
on the Financial Aid Summary page on your Financial Aid Portal, but will not be applied to your tuition bill until the required documentation has
been received and reviewed. When we receive your documentation, we will review the
data and make corrections as necessary. This may impact your SAI, which could change
your aid package, such as reducing or eliminating the University Student Aid Grant.
Please note: a loss of financial aid will occur if the requested documentation is
not received.
Financial Aid Communications
Future correspondence from the Financial Aid Office will be through your Financial Aid Portal and HuskyMail. This includes revised financial aid package notices and reminders. The Financial
Aid Office will also contact you via your Financial Aid Portal and HuskyMail regarding your semester bill.
Student and Parent Access to Financial Aid Information
You can access your financial aid information on Banweb or through your Financial Aid Portal. You can also access your bill and other important University information through
apps.mtu.edu. You will be able to give your parents access to this information by
granting them Guest Access.
Student Rights and Responsibilities
Your Financial Aid May Change
Because of the nature of federal, state, and institutional financial aid program guidelines
and funding, the aid offered and the information contained in this letter are subject
to change.
