Michigan Class of 2014

(housing, friendships, future exams, all things 2014)
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whathojeeves
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Re: Michigan Class of 2014

Postby whathojeeves » Wed Apr 20, 2011 3:01 pm

dabbadon8 wrote:
Thanks. Now if someone could tell me where my eligibility summary is... I can't seem to find it.


Log into Wolverine Access/New And Prospective Student --> Financial Aid Award Summary --> 2012 --> Scroll to the bottom and click "Eligibility Summary"

dabbadon8
Posts: 767
Joined: Tue May 11, 2010 2:17 am

Re: Michigan Class of 2014

Postby dabbadon8 » Wed Apr 20, 2011 3:10 pm

whathojeeves wrote:
dabbadon8 wrote:
Thanks. Now if someone could tell me where my eligibility summary is... I can't seem to find it.


Log into Wolverine Access/New And Prospective Student --> Financial Aid Award Summary --> 2012 --> Scroll to the bottom and click "Eligibility Summary"


Thanks! Apparently my parents aren't expected to contribute anything. I thought this was for everyone though since grad students are considered independent. You don't even have to submit parental info. I guess if you submit the need access they have it.

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whathojeeves
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Re: Michigan Class of 2014

Postby whathojeeves » Wed Apr 20, 2011 3:12 pm

dabbadon8 wrote:
whathojeeves wrote:
dabbadon8 wrote:
Thanks. Now if someone could tell me where my eligibility summary is... I can't seem to find it.


Log into Wolverine Access/New And Prospective Student --> Financial Aid Award Summary --> 2012 --> Scroll to the bottom and click "Eligibility Summary"


Thanks! Apparently my parents aren't expected to contribute anything. I thought this was for everyone though since grad students are considered independent. You don't even have to submit parental info. I guess if you submit the need access they have it.


Right, well EFC can also include Student contribution, and in my case they apparently have a really optimistic view of my resources.

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AreJay711
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Re: Michigan Class of 2014

Postby AreJay711 » Wed Apr 20, 2011 3:12 pm

whathojeeves wrote:
dabbadon8 wrote:
whathojeeves wrote:
dabbadon8 wrote:
Thanks. Now if someone could tell me where my eligibility summary is... I can't seem to find it.


Log into Wolverine Access/New And Prospective Student --> Financial Aid Award Summary --> 2012 --> Scroll to the bottom and click "Eligibility Summary"


Thanks! Apparently my parents aren't expected to contribute anything. I thought this was for everyone though since grad students are considered independent. You don't even have to submit parental info. I guess if you submit the need access they have it.


Right, well EFC can also include Student contribution, and in my case they apparently have a really optimistic view of my resources.


I think unless you had a pell grant in undergrad it is unlikely that you will get need based aid.

Edit: I have negative equity and didn't get anything.
Last edited by AreJay711 on Wed Apr 20, 2011 3:13 pm, edited 1 time in total.

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twelda
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Re: Michigan Class of 2014

Postby twelda » Wed Apr 20, 2011 3:13 pm

dabbadon8 wrote:
whathojeeves wrote:
dabbadon8 wrote:
Thanks. Now if someone could tell me where my eligibility summary is... I can't seem to find it.


Log into Wolverine Access/New And Prospective Student --> Financial Aid Award Summary --> 2012 --> Scroll to the bottom and click "Eligibility Summary"


Thanks! Apparently my parents aren't expected to contribute anything. I thought this was for everyone though since grad students are considered independent. You don't even have to submit parental info. I guess if you submit the need access they have it.


I think EFC includes you. Like, your expected personal contribution (if you are the only person in your household, independent.) Michigan said they would ignore the parent section on NeedAccess even if it was completed.

InvictusFortis
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Re: Michigan Class of 2014

Postby InvictusFortis » Wed Apr 20, 2011 3:14 pm

You get it in grad plus or private. Michigan doesn't have an EFC from what I understand. They don't look at parental income when deciding, or so they claim.

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whathojeeves
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Re: Michigan Class of 2014

Postby whathojeeves » Wed Apr 20, 2011 3:18 pm

InvictusFortis wrote:You get it in grad plus or private. Michigan doesn't have an EFC from what I understand. They don't look at parental income when deciding, or so they claim.


Guys hold up -- Michigan does have an EFC line in the award eligibility summary. In my case, the EFC is MY contribution, which is definitely not in line with reality. As they determine "remaining aid" by subtracting EFC, scholly money, and Stafford eligibility from the total COA amount, I am worried that this means that I would have to borrow the EFC in private loans as opposed to in grad plus (which was my original plan). I guess the more accurate question is if "remaining aid" is the same as the grad plus eligible amount or not.

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thelaststraw05
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Re: Michigan Class of 2014

Postby thelaststraw05 » Wed Apr 20, 2011 3:22 pm

twelda wrote:
dabbadon8 wrote:
whathojeeves wrote:
dabbadon8 wrote:
Thanks. Now if someone could tell me where my eligibility summary is... I can't seem to find it.


Log into Wolverine Access/New And Prospective Student --> Financial Aid Award Summary --> 2012 --> Scroll to the bottom and click "Eligibility Summary"


Thanks! Apparently my parents aren't expected to contribute anything. I thought this was for everyone though since grad students are considered independent. You don't even have to submit parental info. I guess if you submit the need access they have it.


I think EFC includes you. Like, your expected personal contribution (if you are the only person in your household, independent.) Michigan said they would ignore the parent section on NeedAccess even if it was completed.


The EFC is the federal government amount. You don't actually have to pay that.

From the financial aid website: --LinkRemoved--

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R.R. Raskolnikov
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Joined: Mon Feb 07, 2011 2:47 pm

Re: Michigan Class of 2014

Postby R.R. Raskolnikov » Wed Apr 20, 2011 3:23 pm

whathojeeves wrote:
InvictusFortis wrote:You get it in grad plus or private. Michigan doesn't have an EFC from what I understand. They don't look at parental income when deciding, or so they claim.


Guys hold up -- Michigan does have an EFC line in the award eligibility summary. In my case, the EFC is MY contribution, which is definitely not in line with reality. As they determine "remaining aid" by subtracting EFC, scholly money, and Stafford eligibility from the total COA amount, I am worried that this means that I would have to borrow the EFC in private loans as opposed to in grad plus (which was my original plan). I guess the more accurate question is if "remaining aid" is the same as the grad plus eligible amount or not.


I'm also interested in this, but I imagine the only way to find out is to talk to financial aid directly.

In my case, I could probably find a way to contribute the amount they estimated for 1L year, but after that there's no way I can be on the hook for that much money. I would need GradPlus loans.

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R.R. Raskolnikov
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Re: Michigan Class of 2014

Postby R.R. Raskolnikov » Wed Apr 20, 2011 3:25 pm

thelaststraw05 wrote:
twelda wrote:
dabbadon8 wrote:
whathojeeves wrote:Log into Wolverine Access/New And Prospective Student --> Financial Aid Award Summary --> 2012 --> Scroll to the bottom and click "Eligibility Summary"


Thanks! Apparently my parents aren't expected to contribute anything. I thought this was for everyone though since grad students are considered independent. You don't even have to submit parental info. I guess if you submit the need access they have it.


I think EFC includes you. Like, your expected personal contribution (if you are the only person in your household, independent.) Michigan said they would ignore the parent section on NeedAccess even if it was completed.


The EFC is the federal government amount. You don't actually have to pay that.

From the financial aid website: --LinkRemoved--


Useful that. Thank you sir.

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AreJay711
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Re: Michigan Class of 2014

Postby AreJay711 » Wed Apr 20, 2011 3:26 pm

whathojeeves wrote:
InvictusFortis wrote:You get it in grad plus or private. Michigan doesn't have an EFC from what I understand. They don't look at parental income when deciding, or so they claim.


Guys hold up -- Michigan does have an EFC line in the award eligibility summary. In my case, the EFC is MY contribution, which is definitely not in line with reality. As they determine "remaining aid" by subtracting EFC, scholly money, and Stafford eligibility from the total COA amount, I am worried that this means that I would have to borrow the EFC in private loans as opposed to in grad plus (which was my original plan). I guess the more accurate question is if "remaining aid" is the same as the grad plus eligible amount or not.


I think is pretty high as to what they expect you to personally contribute but you can take loans put no matter what your efc is. You might not get subsidized stafford loans though.

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thelaststraw05
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Joined: Fri Nov 05, 2010 7:47 am

Re: Michigan Class of 2014

Postby thelaststraw05 » Wed Apr 20, 2011 3:28 pm

whathojeeves wrote:
InvictusFortis wrote:You get it in grad plus or private. Michigan doesn't have an EFC from what I understand. They don't look at parental income when deciding, or so they claim.


Guys hold up -- Michigan does have an EFC line in the award eligibility summary. In my case, the EFC is MY contribution, which is definitely not in line with reality. As they determine "remaining aid" by subtracting EFC, scholly money, and Stafford eligibility from the total COA amount, I am worried that this means that I would have to borrow the EFC in private loans as opposed to in grad plus (which was my original plan). I guess the more accurate question is if "remaining aid" is the same as the grad plus eligible amount or not.


If I am reading this correctly...

Total COA - Federal EFC = Estimated Need

They cannot give you Stafford Loans that would get your aid package above the estimated need. The only way that estimated need number matters is that it might limit Stafford eligibility if you have a big scholarship.

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AreJay711
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Joined: Tue Jul 20, 2010 8:51 pm

Re: Michigan Class of 2014

Postby AreJay711 » Wed Apr 20, 2011 3:30 pm

thelaststraw05 wrote:
whathojeeves wrote:
InvictusFortis wrote:You get it in grad plus or private. Michigan doesn't have an EFC from what I understand. They don't look at parental income when deciding, or so they claim.


Guys hold up -- Michigan does have an EFC line in the award eligibility summary. In my case, the EFC is MY contribution, which is definitely not in line with reality. As they determine "remaining aid" by subtracting EFC, scholly money, and Stafford eligibility from the total COA amount, I am worried that this means that I would have to borrow the EFC in private loans as opposed to in grad plus (which was my original plan). I guess the more accurate question is if "remaining aid" is the same as the grad plus eligible amount or not.


If I am reading this correctly...

Total COA - Federal EFC = Estimated Need

They cannot give you Stafford Loans that would get your aid package above the estimated need. The only way that estimated need number matters is that it might limit Stafford eligibility if you have a big scholarship.


That might be.

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thelaststraw05
Posts: 1028
Joined: Fri Nov 05, 2010 7:47 am

Re: Michigan Class of 2014

Postby thelaststraw05 » Wed Apr 20, 2011 3:32 pm

AreJay711 wrote:
thelaststraw05 wrote:If I am reading this correctly...

Total COA - Federal EFC = Estimated Need

They cannot give you Stafford Loans that would get your aid package above the estimated need. The only way that estimated need number matters is that it might limit Stafford eligibility if you have a big scholarship.


That might be.


<-- Thinks like a bureaucratic.

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whathojeeves
Posts: 489
Joined: Wed Dec 15, 2010 5:39 pm

Re: Michigan Class of 2014

Postby whathojeeves » Wed Apr 20, 2011 3:33 pm

AreJay711 wrote:
thelaststraw05 wrote:
whathojeeves wrote:
InvictusFortis wrote:You get it in grad plus or private. Michigan doesn't have an EFC from what I understand. They don't look at parental income when deciding, or so they claim.


Guys hold up -- Michigan does have an EFC line in the award eligibility summary. In my case, the EFC is MY contribution, which is definitely not in line with reality. As they determine "remaining aid" by subtracting EFC, scholly money, and Stafford eligibility from the total COA amount, I am worried that this means that I would have to borrow the EFC in private loans as opposed to in grad plus (which was my original plan). I guess the more accurate question is if "remaining aid" is the same as the grad plus eligible amount or not.


If I am reading this correctly...

Total COA - Federal EFC = Estimated Need

They cannot give you Stafford Loans that would get your aid package above the estimated need. The only way that estimated need number matters is that it might limit Stafford eligibility if you have a big scholarship.


That might be.


Hmm. Maybe. I do still wonder about the "remaining need" idea (it's in the notes at the bottom) and where that figures in... Grad Plus eligibility would make sense, but I suppose in the end this is a question best asked/answered at Umich Fin Aid and not TLS :-)

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thelaststraw05
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Joined: Fri Nov 05, 2010 7:47 am

Re: Michigan Class of 2014

Postby thelaststraw05 » Thu Apr 21, 2011 4:04 pm

It has been over a day since anyone posted anything.

What's happening party people?

Cubyfan21
Posts: 83
Joined: Tue Jun 29, 2010 7:46 pm

Re: Michigan Class of 2014

Postby Cubyfan21 » Thu Apr 21, 2011 4:07 pm

I just sent in my deposit today. Very excited.

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thelaststraw05
Posts: 1028
Joined: Fri Nov 05, 2010 7:47 am

Re: Michigan Class of 2014

Postby thelaststraw05 » Thu Apr 21, 2011 4:28 pm

Cubyfan21 wrote:I just sent in my deposit today. Very excited.


Congrats! I take it you're a Cubs fan?

1908.

wolverine2014
Posts: 134
Joined: Mon Aug 02, 2010 2:40 pm

Re: Michigan Class of 2014

Postby wolverine2014 » Thu Apr 21, 2011 5:31 pm

thelaststraw05 wrote:
Cubyfan21 wrote:I just sent in my deposit today. Very excited.


Congrats! I take it you're a Cubs fan?

1908.


Not cool. This year we have Quade and a mentally stable Zambrano (not to mention that we're going to sign Pujols next season) so I like our chances. For now, we'll enjoy our beloved Bulls. 8)

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thelaststraw05
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Joined: Fri Nov 05, 2010 7:47 am

Re: Michigan Class of 2014

Postby thelaststraw05 » Thu Apr 21, 2011 8:19 pm

wolverine2014 wrote:
thelaststraw05 wrote:
Cubyfan21 wrote:I just sent in my deposit today. Very excited.


Congrats! I take it you're a Cubs fan?

1908.


Not cool. This year we have Quade and a mentally stable Zambrano (not to mention that we're going to sign Pujols next season) so I like our chances. For now, we'll enjoy our beloved Bulls. 8)


For what it is worth, I'm a cubs fan through my wife. That was the chant thrown at us by the Nationals fans.

I maintain my other Washington fanships. Washington Redskins, Washington Capitols, and Chicago Cubs.

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camelcrema
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Re: Michigan Class of 2014

Postby camelcrema » Thu Apr 21, 2011 8:22 pm

thelaststraw05 wrote:
wolverine2014 wrote:
thelaststraw05 wrote:
Cubyfan21 wrote:I just sent in my deposit today. Very excited.


Congrats! I take it you're a Cubs fan?

1908.


Not cool. This year we have Quade and a mentally stable Zambrano (not to mention that we're going to sign Pujols next season) so I like our chances. For now, we'll enjoy our beloved Bulls. 8)


For what it is worth, I'm a cubs fan through my wife. That was the chant thrown at us by the Nationals fans.

I maintain my other Washington fanships. Washington Redskins, Washington Capitols, and Chicago Cubs.


Did you just misspell your team's name? Party foul.

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thelaststraw05
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Joined: Fri Nov 05, 2010 7:47 am

Re: Michigan Class of 2014

Postby thelaststraw05 » Thu Apr 21, 2011 8:40 pm

camelcrema wrote:
Did you just misspell your team's name? Party foul.


They're the Caps. And I never remember Capital or Capitol. Which is which?

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camelcrema
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Re: Michigan Class of 2014

Postby camelcrema » Thu Apr 21, 2011 8:43 pm

thelaststraw05 wrote:
They're the Caps. And I never remember Capital or Capitol. Which is which?



They're the Capitals, even though it's the US Capitol Building.

But you wouldn't let a a Toronto fan call his team the Maple Leaves.


Sorry, I am a hockey purist :D. SHARKS.

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Entchen
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Re: Michigan Class of 2014

Postby Entchen » Thu Apr 21, 2011 8:47 pm

camelcrema wrote:
thelaststraw05 wrote:
They're the Caps. And I never remember Capital or Capitol. Which is which?



They're the Capitals, even though it's the US Capitol Building.

But you wouldn't let a a Toronto fan call his team the Maple Leaves.


Sorry, I am a hockey purist :D. SHARKS.


camel, can we be friends at Michigan?

except when the Sharks are playing the Bruins.

/owns a Boston Bruins rubber duck.
//it used to be my 'tar
///and a Bruins snuggie.
Last edited by Entchen on Thu Apr 21, 2011 8:56 pm, edited 2 times in total.

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thelaststraw05
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Re: Michigan Class of 2014

Postby thelaststraw05 » Thu Apr 21, 2011 8:48 pm

Created my uniqname today.

That was fun.




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