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 Fall 2016 GBA disbursement is Tuesday, 08/30/16, evening. Direct deposit refunds should be available Thursday, 09/01/16. 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 5.31% for loans disbursed on or after 07/01/16.  The fixed interest rate for the Federal Direct Loan - Graduate PLUS is 6.31% for loans disbursed on or after 07/01/16.

Spring / Summer

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 2016 Spring/Summer Request for Funds Form.

 

Refunds:  The first Spring and combined Spring Summer 2017 GBA disbursement is scheduled for Wednesday, 04/26/17.  Direct deposit refunds should be available on or after Friday, 04/28/17. Checks are mailed to students without direct deposit to their current address in Wolverine Access. Mail delivery dates cannot be confirmed.

The first Summer disbursement is scheduled for Thursday, 06/22/17.  Direct deposit refunds should be available on or after Monday, 06/26/17. Checks are mailed to students without direct deposit to their current address in Wolverine Access. Mail delivery dates cannot be confirmed.
 

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.

Instructions

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:  Kresge Hall, Third Floor, Room K3521

700 East University, Room K3521
Ann Arbor, MI 48109-1234

rossfinaid@umich.edu
Phone: 734-764-5139
Fax: 734-764-2129
 

Drop-In Advising Hours:

Monday, Wednesday, and Friday

10:00 AM - 11:00 AM

Tuesday and Thursday

1:30 PM - 2:30 PM
 

Ross Financial Aid Staff:

Diane K. Hunt
Assistant Director

Linda S. Schaefer
Financial Aid Administrator