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Financial Aid

Free Application for Federal Student Aid (FAFSA)

Starting with Academic Year 2018-19, the traditional FAFSA (Free Application for Federal Student Aid) submission date of January 1st will change to October 1st. Families will be able to use tax information from the prior year when filling out the FASFA.

Michigan Department of Treasury-Student Financial Services Bureau

Michigan Department of Treasury-Student Financial Services Bureau office does not know which college a student plans to attend. Therefore, State aid awards are based on the first college listed on the FAFSA. Students must file a renewal FAFSA every year to be considered for continued program eligibility. Students are also responsible for notifying  the Michigan Department of Treasury-Student Financial Services Bureau office if their college choice changes. This can be done online using the MiSSG Student Portal or by phone at 1-888-4-GRANTS (888-447-2687)

Sallie Mae

Loans

  • Subsidized and Unsubsidized Student Loans: The U.S. Department of Education offers low-interest loans to eligible students to help cover the cost of college or career school. Students may be eligible to receive subsidized and unsubsidized loans based on their financial need.
  • The Student Loan Report was founded in 2015 by Drew Cloud after he had difficulty finding the most recent student loan news and information all in one place. The Student Loan Report aims to cover all student loan news, around the nation and internationally, so borrowers can stay informed about the debt that has a substantial impact on their lives.  The Student Loan Report covers all student loan news - nationally, regionally, and internationally. The site also tracks and reports changes in the student loan industry as this often has a considerable impact on borrowers. ​The Student Loan Report has been featured in CNBC, Forbes, The Today Show, the Washington Post, MarketWatch, Business Insider, and many other sites.
CollegeCovered.com was created to provide students and parents with the know-how to plan and pay for college. This website offers a variety of resources and tips to help you through each step of the process and provide you with the power to plan your future. If you have questions about Discover Student Loans, visit DiscoverStudentLoans.com or call 1-800-STUDENT anytime 24/7.
  • Award Letter Comparison Tool: Compare Award Letters: The Award Letter is an important factor for many families as they try to figure out which schools they can afford to send their student to. However, they’re not always written in the clearest language. Our Award Letter Comparison Tool, can help students and parents interpret their financial aid packages from up to 5 different schools to help determine which one is best for them.
  • How Do I Know If the College I'm Considering is Right For Me? Some of your students may know which school they want to attend without a doubt, but others may be a bit unsure. Either way, now that they’ve been accepted, making that final choice can be intimidating. That’s why we’ve created this handy quiz to help students decide what's the best fit.
  • Scholarship Sweepstakes Award: It’s not too late to get more money for college. Your students and parents have a chance to win a $10,000 scholarship from Discover Student Loans.
  • A College Financial Guide for Teenagers: From the first days of kindergarten to the final days as a senior in high school, students have been working and studying to graduate and move on to the next stage of their lives. For some students, the next phase may be getting a job, others may go into the military and others will go on to further their education in college. Whether it is a small college, large college, public college, or private college, one thing is certain. It is expensive and the student will be on a limited budget for spending. Because of the expense involved, being aware of financial responsibilities should be something your teenager learns about before going to college.
     

Financial Aid Presentation: Oakland University

March 10, 2020
Information for families to have an opportunity to refresh their memories on the financial aid process. On our Oakland University page for students and parents, Financial Aid Events,  view a video of the information.
 
Now is a great time to begin thinking about the financial aid process, including applying for scholarship, creating an FSA ID and filling out the Free Application for Federal Student Aid (FAFSA) available beginning October 1 for the 2020-2021 school year. 
 
Carrie A. Gilchrist, Ph.D.
Senior Financial Aid Outreach Advisor
Student Financial Services
Oakland University
 
Visit our College Information page for additional scholarship and financial aid opportunities, as well as college search & planning information
Paying for College
"We've been spending time, on the program, looking at how Americans are paying for college."
Podcast and Video from David Greene, NPR