Michigan Ross iMpact

Leading in Thought & Action

Financial Aid

Important Announcements

Your eight-digit UMICH ID number is required on all documents submitted to our office. Instructions

Navigating Your Student Account Information.

Refunds:  The first Winter 2016 disbursement is Tuesday, 12/29/15. Direct deposit refunds should be available Wednesday, 12/30/15. Regular direct deposit refunds are available every week on Monday. Checks are mailed to students without direct deposit to their current address in Wolverine Access. Mail delivery dates cannot be confirmed.

Read the Office of Financial Aid Newsletter for important tips and information.  Previous newsletters can also be found at this web link.

Federal Loan Rate Reduction:  Each year the federal student loan interest rates are set according to the yield of the ten-year Treasury note plus a fixed percentage.  The fixed interest rate for the Federal Direct (Stafford) Loan - Unsubsidized is 5.84% for loans disbursed on or after 07/01/15.  The fixed interest rate for the Federal Direct Loan - Graduate PLUS is 6.84% for loans disbursed on or after 07/01/15.

2015 Spring / Summer Request for Funds Application

All continuing students who wish to borrow federal loans for the Spring/Summer term must complete the Spring/Summer Request for Funds (RFF) Application.

  • The 2015 Spring/Summer Request for Funds Application is no longer available.
  • The 2016 Spring/Summer Request for Funds Application will be posted in early February, 2016.

Free Application for Federal Students Aid



  • Check out the Free Application for Federal Students Aid (FAFSA) filing instructions here.
  • See Federal Student Aid (FSA) ID information here.

2016 Entering Weekend MBA Students: Complete the 2015-2016 FAFSA for Spring/Summer 2016 financial aid and the 2016-2017 FAFSA for Fall 2016/Winter 2017 financial aid.

2016 Entering Master of Management Students: Complete the 2015-2016 FAFSA for Summer 2016 financial aid and the 2016-2017 FAFSA for Fall 2016/Winter 2017 financial aid.


Wolverine Access

We recommend all students set up direct deposit via Wolverine Access.  Without direct deposit, refunds will be mailed to your current address in Wolverine Access. Be sure your current address is updated.


Required Reading

Required Reading is the reference and resource guide for students who are awarded financial aid at the University of Michigan. We call it Required Reading because it answers many questions students ask about their financial aid and provides information you must know in order to receive financial aid at U-M. You are expected to read it in order to understand the rights and responsibilities that go along with receiving your aid.

The Ross School of Business Office of Financial Aid is a satellite office of the University of Michigan Office of Financial Aid.  Disclaimer.

Contact Information

Ross Financial Aid Office Location:

New Location:  Wyly 3700

701 Tappan Street, Wyly 3700
Ann Arbor, MI 48109-1234

Phone: 734-764-5139
Fax: 734-764-2129

Advising Hours:  The Ross Financial Aid Office will be closed from the afternoon of Wednesday, 11/25, through Friday, 11/27.  Regular advising will resume on Monday, 11/30/15.

Monday, Tuesday, Wednesday, and Friday

10:00 AM - 11:00 AM
1:30 PM - 2:30 PM


12:30 PM - 2:30 PM

Ross Financial Aid Staff:

Diane K. Hunt
Assistant Director

Linda S. Schaefer
Financial Aid Administrator