Transfer Students: Applying for Financial Aid
There is no financial aid deadline for entering transfer students. Transfer students are only eligible for loans. To apply for Stafford loans, complete steps one through three as described below. To apply for a Grad PLUS or private loan, complete step four.
1. Complete and submit a 2014-2015 Free Application for Federal Student Aid (FAFSA). To apply for Stafford loans, complete the FAFSA at www.fafsa.ed.gov. Your and your spouse's information must be recorded on the FAFSA.
Request that a copy of the FAFSA report be released to the University of Michigan Law School, code #E00506. (Note that the rest of the University of Michigan uses a different number.) Be sure to retain a copy of the completed form for your records.
Financial aid offers are made within two weeks of admission and the completion of your file, usually in July or early August.
2. Complete Entrance Counseling for federal loans. You should complete this step on the StudentLoans.gov website.
3. Complete the Stafford Loan Master Promissory Note. This step should also be completed on the StudentLoans.gov website. There are separate promissory notes for Stafford and Grad PLUS loans. If you are borrowing both, you will need to complete a promissory note for each one.
4. Apply for a Grad PLUS or Private Loan. If you need to borrow a Grad PLUS or private loan, a separate application is required. A comparison of different types of loans is available here. Since credit approvals expire, the earliest you should apply is June 1; we will begin processing the Grad Plus on July 1. If you borrow a Grad PLUS loan, please be sure to complete the School's Grad PLUS loan application, and not the one on the StudentLoans.gov website.
Please address inquiries to:
The University of Michigan Law School
Financial Aid Office
701 South State Street
South Hall, Suite 2200
Ann Arbor, MI 48109-3091