Your award will be credited to your account through Wolverine Access. If your account is already fully covered by financial aid (grants, scholarships, loans), the award may reduce the balance of your loans or other aid. Occasionally, awards are credited without proper adjustments, resulting in an improper check or deposit to the student. If this happens, you may be asked by Student Financial Services to return the full amount.
Financial assistance from all sources during the academic year (September through August) factors into the ongoing review of your financial aid eligibility now and in the future. This includes periods when you may not be actively enrolled in courses, and includes the spring/summer term following graduation. If your total financial aid, including any new offer, exceeds your eligibility for financial assistance this academic year, your aid may be limited in a future term or reduced from previously received assistance. You can learn more about financial aid terms and conditions on the Office of Financial Aid's website. Important: If this new funding reduces other aid that you receive, we encourage you to reach out directly to the Office of Financial Aid to explore their budget evaluation process and your options to restore reduced funding.