Building Futures With Michigan Achievement Scholarship……
The Michigan Achievement Scholarship is a prestigious initiative created to help students who need financial assistance to further their academics. Students are selected from the many who met the eligibility requirements to help across the state and meet.
Michigan Achievement Scholarship was established to recognize and encourage exceptional academic success. Also, it is both a commitment to educational quality and a source of financial support.
Furthermore, one of the goals of the Michigan Achievement Scholarship program is to make college more affordable for families. Also, to grow Michigan’s talent pool and get the State closer to achieving Governor Whitmer’s Sixty by 30 goals of increasing the number of Michigan’s adults with skill certificates or college degrees to 60% by 2030.
Starting from 2023, qualified students get up to $2,750, $4,000, and $5,500 to cover tuition and other educational expenses. The scholarship is renewable for 3 to 5 years, depending on the institution. Without further ado, let’s dive in deeper!
How Much is the Michigan Achievement Scholarship Worth?
The Michigan Achievement Scholarship program offers up to $2,750 annually for three years if you attend Michigan Community College.
Also, if you attend a Michigan private college or university, it offers up to $4,000 per year for up to five years.
If you attend a Michigan public university or are enrolled in a Baccalaureate degree program at a Michigan public college, you get up to $5,500 for up to five years.
Students must meet some specific requirements to qualify for the Michigan Achievement Scholarship, and they include:
- Completing the Free Application for Federal Student Aid (FAFSA)
- Be a resident of Michigan for at least one year. If you are a dependent student, your parent or guardian must be a Michigan resident for at least a year.
- Graduate from high school in Michigan with a diploma or a certificate of completion or high school equivalency certificate in 2023 or after.
- You must have a minimum full-time (12 credit hours) enrollment.
- Demonstrate financial need by having an Expected Family Contribution of $25,000 or less as determined by the Free Application for Federal Student Aid (FAFSA).
- Eligible students must enroll in a suitable Michigan public or private university or college within 15 months of graduating high school.
Renewal requirements for the Michigan Achievement Scholarship for Michigan Students
A student who wants to renew their scholarship must meet these requirements to regain eligibility if eligibility is lost. Student must:
- Continue to be a resident of Michigan
- Complete a FAFSA every year
- Maintain Satisfactory Academic Progress (SAP)
- Have an Expected Family Contribution of $25,000 or less.
What Does “First Dollar and Last Dollar” mean?
The Michigan Achievement Scholarship for Michigan Students has two parts, “first dollar” and “last dollar,” and here is how it works:
If you are a student of Michigan Public University and are qualified for the scholarship, you will receive a minimum or “first dollar” of $2,500 to cover tuition and mandatory fees.
Also, the “last dollar” is up to $3,000 and considers specific scholarships and grants such as tuition restricted and other federal and state aid you may have in addition to the Michigan Achievement Scholarship.
They calculate your “last dollar” eligibility based on how much of your tuition and fee charges they will cover. It’s also based on these criteria. So, depending on your status, y
How to Apply for the Michigan Achievement Scholarship for Michigan Students
First, complete the Free Application for Federal Student Aid (FAFSA) online to apply for the scholarship. Also, this form qualifies you to be considered for the New State Scholarship and Federal Pell Grants.
Enroll at a qualifying institution. Get accepted and sign up for classes.
Create an account at MI Student Scholarship Grants within three or five business days of filing FAFSA and select the institution you plan to attend. It creates your student portal where you see the status of your scholarship.
Lastly, upon acceptance to college, the school officials will notify you of how much financial support you get from various sources.
Does the New Michigan Achievement Scholarship Help the Student Already in College?
According to Governor Whitmer, there may be other opportunities to bring down the cost for students already enrolled in college. However, this scholarship is only open to students graduating from high school.
How Do I Know I Got the Michigan Achievement Scholarship?
You can get the Michigan achievement scholarship by filling out the FAFSA. This qualifies you automatically for consideration for the scholarship. Not only that, it also qualifies you for Federal Pell Grants.
However, the scholarship official will notify you of how much financial aid you get once you are chosen. Furthermore, you will receive an email to let you know if you get selected.
Is the Michigan Achievement Scholarship Based on Income?
Yes, the scholarship is popularly known as an—income-based program. So, to be eligible, students must have an Expected Family Contribution (EFC) of $25,000 or less. In addition, they calculate the EFC using information from the Free Application for Federal Student Aid (FAFSA).
When they say that the Michigan Achievement Scholarship is need-based, what this means is that students who demonstrate financial need get the reward. The scholarship is available to students who graduate from a Michigan high school in 2023 or after and enroll full-time at an eligible Michigan postsecondary institution.
Is the Michigan Achievement Scholarship a Merit Based Scholarship?
No, the Scholarship is not merit-based. It is a need-based scholarship awarded to students who demonstrate financial need.
However, there are many merit-based scholarships available in Michigan that students can always apply for. Additionally, the state of Michigan offers some of these scholarships, while private organizations provide others.
What’s the Age Requirement for the Michigan Achievement Scholarship?
There is no specific age requirement for the Michigan Achievement Scholarship. You can be any age if you meet the other eligibility requirements.
Final Thought on Michigan Achievement Scholarship for Michigan Students
In conclusion, the Michigan Achievement Scholarship program allows Michigan high school graduates to get financial aid. This financial aid is meant to cover tuition and other educational expenses.
The scholarships are renewable for up to 3 years at a community college and up to 5 years at a private college or university and public university.
Also, eligibility includes completing the FAFSA and demonstrating financial need by having an Expected Family Contribution of $25,000 or less. Additionally, being a Michigan resident for at least a year, enrolling in an eligible institution within 15 months of high school, etc.
Eligible students get up to $2,750, $4,000, and $5,500 per year for up to 3 or 5 years, depending on their institution.
Furthermore, to apply for this scholarship opportunity, you must fill out the FAFSA, which is done online. You must enroll at an eligible institution, create an account at the MISSG student portal, and select your choice of institution.
So, if you meet the criteria, follow what we shared above to get started. We at Sholarshiptravels.com.ng wish you luck on your scholarship search.
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