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Treasury: Understand What Financial Aid Award Letters Mean by Attending an Upcoming Webinar

Michigan Business Network
March 23, 2023 10:00 AM

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Michigan Achievement Scholarship Available for Class of 2023 Students

LANSING, Mich. – Students and families who have completed their Free Application for Student Aid (FAFSA) and received a financial aid award letter from their chosen college or university are encouraged to attend an upcoming webinar, according to the Michigan Department of Treasury (Treasury).

Trying to figure out how to pay for college can be confusing and overwhelming,” said Robin Lott, director of Treasury’s Office of Postsecondary Financial Planning. “My team is ready to help students and families navigate the complexity of college and university award letters, providing valuable insight on how to pay for college. We also will touch on the Michigan Achievement Scholarship, which is a ‘game changer’ for the Class of 2023 students. Don’t hesitate to sign up for a session today.”

The MI Student Aid Outreach Team will be providing the following information during the webinars:

  • How to compare college financial aid award letters
  • Tools to help students and families make the best financial decisions
  • Better understand the individual scholarships, grants, and loans offered
  • Scholarship search resources and easy-to-use budgeting tools
  • Submit general aid-related questions via Q&A and receive real-time answers

All sessions are free of charge and open to the public. Please register for one session only, as space is limited. 

For more resources, visit Understanding Your Award Letter on MI Student Aid’s website.

Michigan Achievement Scholarship

Students who graduate from high school in Michigan with a diploma, certificate of completion or achieved a high school equivalency certificate in 2023 or after may be eligible for more financial aid from the state of Michigan through the Michigan Achievement Scholarship.

Possible student awards include: 

  • Up to $2,000 if they attend an eligible training provider in Michigan, per year, up to two years
  • Up to $2,750 if they attend a Michigan community college, per year, up to three years
  • Up to $4,000 if they attend a Michigan private college or university, per year, up to five years
  • Up to $5,500 if they attend a Michigan public university, per year, up to five years

Completion of the FAFSA is required to be considered for the Michigan Achievement Scholarship. To get started with the FAFSA, go to www.fafsa.gov.

Additional information about the Michigan Achievement Scholarship is available at www.michigan.gov/achievement.

Questions?

Administered by Michigan Department of Treasury, MI Student Aid is Michigan’s go-to resource for finding the financial resources needed to pay for college. For more information, contact MI Student Aid at mistudentaid@michigan.gov, 1-888-447-2687 or @mistudentaid on Facebook, Twitter, and Instagram.

The Michigan Department of Treasury is not affiliated with National Merit Scholarship Corporation or its registered trademarks National Achievement®, Achievement Scholarship®, or Achievement Scholar®.

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Michigan Business Network is an online broadcasting company that provides knowledge, news, and insights into Michigan’s businesses, industries, and economy.