1. Financial Aid Eligibility
presented by
Carrie A. Gilchrist, Ph.D.
Oakland University

2. Financial Aid Eligibility
What are the 4 types of financial aid?
What are the 4 sources of financial aid?
Who is eligible for aid?
For what types of aid are you eligible and from what sources?

3. Financial Aid Eligibility
Financial aid is money provided by a resource other than yourself or your parents, used to pay for college expenses. There are four types of financial aid:
Scholarships
Grants
Student employment
Student loans

4. Financial Aid Eligibility
Financial aid is money provided by a resource other than yourself or your parents, used to pay for college expenses. There are four resources for financial aid:
Federal government
State of Michigan
College or University you attend
Private resources like foundations, companies, or generous people!

5. Financial Aid Eligibility
Who is eligible to apply for aid?
EVERYONE!

6. Financial Aid Eligibility
With a little effort on your part, you'll discover you have many options.
You can get financial aid for college because you . . .
Are financially qualified to receive it 
Earn good grades, take hard courses, have special talents or show exceptional promise
Are the first in your family to attend college
Have talent in sports
Plan to major in specific subjects
Serve/served in the military, are a veteran, or have a parent that serves/served in the military
Are unemployed
Agree to work in certain high-need locations or professions after graduation
Have a special need or a disability
Are a resident of your state 
..and many other reasons!

7. Financial Aid Eligibility
Who is eligible to fill out a FAFSA?
U.S. Citizens
Eligible Non-Citizen
Permanent Resident card
Conditional Permanent Resident card
Holder of an Arrival-Departure Record from the Department of Homeland Security with one of the following designations: Refugee, Asylum Granted, Parolee.
T-Visa holder or Cuban-Haitian Entrant
Holder of a valid certification or eligibility letter from the Department of Health and Human Services showing a designation of “Victim of human trafficking”
If you have a social security number but are not a citizen or an eligible non-citizen, you should still complete the FAFSA because you may be eligible for state or college/university aid.

8. Financial Aid Eligibility
Federal Government
How do you apply: Free Application for Federal Student Aid (FAFSA)
Where do you get an application:
Qualify for:
Grants: Pell, SEOG, TEACH
Student Employment: Federal Work Study
Loans: Subsidized and Unsubsidized
How to qualify:

9. Financial Aid Eligibility
State of Michigan
How do you apply: Free Application for Federal Student Aid (FAFSA) and separate applications
Where do you get an application: and
Qualify for:
Grants/Scholarship:
Michigan Competitive Scholarship
Michigan Tuition Grant (MTG)
Tuition Incentive Program (TIP)
Children of Veterans Tuition Grant (CVTG)
Police Officer’s and Firefighter’s Survivor Tuition Grant (STG)
GEAR UP Michigan! Scholarship
GEAR UP College Day Scholarship
Dual Enrollment

10. Financial Aid Eligibility
How to qualify:
Grants/Scholarship:
Michigan Competitive Scholarship
Based on ACT Score (scaled score of at least 90 or composite score of at least 23) and financial need per the Free Application for Federal Student Aid (FAFSA).
Cannot receive MTG at the same time (public school only)
Michigan Tuition Grant (MTG)
Based on financial need only.
Available at independent non-profit institutions only.
Cannot receive MCS at the same time (public school only)
Tuition Incentive Program (TIP) – Separate application required
Eligible students must have or have had Medicaid coverage for 24 months within a 36 consecutive month period.
Must submit application prior to high school graduation or GED and before age 20.
Student must enroll within four years of high school graduation or eligibility is forfeited.
Incarcerated students are not eligible to participate in TIP.

11. Financial Aid Eligibility
How to qualify:
Grants/Scholarship:
Children of Veterans Tuition Grant (CVTG) – Separate application required
Natural or adopted child (no grandchildren or stepchildren) of a veteran who is permanently and totally disabled or deceased due to service connected causes or is listed as missing in action in a foreign country.
Police Officer’s and Firefighter’s Survivor Tuition Grant (STG)
Provides a grant for tuition for a child or a spouse of a deceased officer or firefighter who died as a result of work related traumatic injury.
Based on financial need
GEAR UP Michigan! Scholarship
GEAR UP College Day Scholarship
Dual Enrollment

12. Financial Aid Eligibility
How to qualify:
Grants/Scholarship:
GEAR UP Michigan! Scholarship
Must be nominated – If your high school has a GEAR UP! program, contact MI Student Scholarships and Grants (
GEAR UP College Day Scholarship
Must be nominated – If your high school has a GEAR UP! program, contact MI Student Scholarships and Grants (ww.michigan.gov/ssg)

13. Financial Aid Eligibility
College or University
How do you apply: Free Application for Federal Student Aid (FAFSA) and separate applications
Where do you get an application: and college or university website
Qualify for:
Grants:
Based on need – complete the FAFSA
May have an academic component as well – GPA and/or ACT
Scholarship:
Merit based – GPA and/or ACT
May require a separate application
How to qualify:
Achieve high GPA and ACT scores
Take a rigorous academic program in high school
Take AP classes and/or AP tests
Achieve a high GPA throughout high school
Take the ACT multiple times

14. Financial Aid Eligibility
Private Sources: Foundations, Companies, and Individuals
How do you apply: individual applications – lots!
Where do you get an application: clearinghouse websites, high school guidance office, foundation and company websites
Qualify for:
Scholarship: a variety!
How to qualify:
Scholarship:
Requirements vary: creativity, academic achievements, volunteering, essays, etc.

15. Financial Aid Eligibility