IMPORTANT CHANGES TO THE
DIRECT LOAN PROCESS
*Accept or Decline Your Student Loans*

Each academic year ALL new and continuing students awarded Federal Direct Loans require an online acceptance or denial.  This is true whether or not you have used student loans in the past.  In order to accomplish this, please follow the directions for "Changes to the Direct Loan Process" listed here.
Selected for Verification?
Tips on the IRS Data Retrieval Tool andRequesting the IRS Tax Return Transcript

Once you have filed 2012 Federal income taxes, you may use the IRS Data Retrieval Tool to update your FAFSA.  This can be completed for both student and parent if both have filed Federal income taxes.  Note:  If you filed your taxes within the last 3 weeks (or by mail in the last 11 weeks), then your tax return information might not be available from the IRS.

  • Log in at www.FAFSA.gov click the link to "Make Corrections" and navigate to the financial information.
  • Enter your Federal aid PIN and click "LINK TO IRS".
  • Enter your filing status and your address EXACTLY as it appears on your income tax return (for example: N., N, or North). Click "Submit".
  • After the IRS has validated your identification, your IRS tax information will display.  You can either transfer your information from the IRS or choose to return to FAFSA on the Web.
  • Questions that are populated with the transferred tax information will be marked with "Transferred from the IRS".
  • If you would like to transfer your IRS tax information at that time, click in the box below "Transfer My Tax Information to the FAFSA" and click "Transfer Now".
  • Review transferred information and complete your FAFSA by signing it with your Federal aid PIN(s).

If you are not able to use the IRS Data Retrieval Tool, you may choose one of three options to request copy of your IRS Tax Return Transcript.  Be sure to make a copy of your transcripts before sending them to the Financial Aid Office.

A printable form explaining this process for income tax filers is available here.
Promissory Notes and Entrance Counseling
Entrance and Exit Counseling

Direct Loans Entrance Counseling

and

FSA Direct Loans

Direct Loans Master Promissory Note for Students and Parents
Federal Perkins Loan

 

 

Master Promissory Note

www.studentloans.gov

www.signmyloan.com

News and Information

Set up your MyNMU account
You will need your Social Security Number.
Hedgcock

Financial Aid Office Summer Hours
May 6, 2013 - August 16, 2013


Monday - Friday
7:30 A.M. - 4:00 P.M. (ET)
Telephone:  906-227-2327


The Financial Aid office is located in 2107 C.B. Hedgcock. When you visit our office, please bring a photo I.D. and know your NMU identification number.  You can find your NMU IN by clicking on View Account Status at http://myuser.nmu.edu

Financial Aid Award Notification
When will you know about your financial aid package for the 2013-2014 school  year?  New students will receive notification through the mail in mid/late March. Current NMU students will receive an e-mail or by visiting MyNMU. Information on the financial aid notification process for new and continuing students can be found here


Lutheran Social Services of Michigan Education and Training Voucher
Were you in foster care on or after your 14th birthday?  Were you adopted from foster care on or after your 16th birthday?  If so, you may be eligible for the Education and Training Voucher Program (ETV) which provides up to $4,000 (effective June 1, 2013) per year to students.  Additional information can be found at www.mietv.lssm.org.

Tracking Your Aid
If you are a continuing student or a student who has attended orientation and are enrolled in classes, learn where your award package is in the granting and notification process by checking your student financial aid online.
State Site Offers ResourcesThe official State of Michigan website offers resources for understanding and filling out FAFSA. There's also information about loans, state scholarships and more.

NMU’s Federal Code

002301

This is Northern Michigan University’s Federal School Code that you will use when completing the Free Application for Federal Student Aid (FAFSA).

FAFSA
www.fafsa.ed.gov

 

2013-2014 Academic Year

For maximum aid consideration and to help ensure your aid is in place by the time 2013 fall tuition is due, please file your Free Application for Federal Student Aid (FAFSA) by March 1, 2013.

 

2012-2013 Academic Year

Students can still file the Free Application for Federal Student Aid (FAFSA) if attending the 2012-2013 Academic Year or 2013 Summer Semester.

Direct PLUS Loan
The Direct PLUS Loan is a loan parents can borrow on behalf of their dependent student.  This funding is through the Federal government and the student must have a completed FAFSA on file.

 

Financial Aid Toolbox

Repeat Courses
The Financial Aid Office will not monitor courses that are repeated for the first time.  For financial aid purposes, students will be able to repeat a course one time for any reason.  If you are considering repeating a course, please review the Repeat Course Policy.

Maintain Financial Aid Eligibility

Federal law requires all students who receive financial aid to make Satisfactory Academic Progress (SAP) toward their degree. Students at NMU must meet all of the SAP requirements.