Michigan Achievement Scholarship (NEW for CLASS 2023)

Students who graduate from high school in Michigan with a diploma or certificate of completion or achieved a high school equivalency certificate in 2023 or after will be eligible for more financial aid from the State of Michigan:

  • Up to $2,000 if they attend an eligible private 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 $5,500 if they attend a Michigan public university, per year, up to five years
  • Up to $4,000 if they attend a Michigan private college or university, per year, up to five years

Interested in receiving the Michigan Achievement Scholarship? Follow these steps!

  1. File the Free Application for Federal Student Aid (FAFSA). This will determine your eligibility for the scholarship.
  2. Create a MiSSG Student Portal in 3-5 business days after filing the FAFSA.*

*Michigan Achievement Scholarship eligibility status is currently unavailable in MiSSG. Sign-up for emails to be the first to hear when that feature becomes available.

For more information, visit the Michigan Achievement Scholarship website at https://www.michigan.gov/mistudentaid/programs/michigan-achievement-scholarship

Financial Aid

Financial aid can be a gift that you keep or a loan that you must repay. It can come from the government, from your college, or from some other source. It can be paid directly to the student, to the student's school, or to the student's parents.

The process of putting financial aid together is called packaging. The college financial aid office prepares each student's aid package. This package can be made up with many types of aid. Each student can accept or reject all or part of their financial aid package.

Major Types of Aid (Defined)

Scholarships — Non-repayable gift, often based upon some measure of academic performance and financial need. Some scholarships are based on academic performance only and are made available by the individual college.

Grants — Non-repayable gift aid, usually allocated upon need alone.

Student Loans — Funds requiring repayment, usually after the student leaves college.

Work Study — Wages earned for part-time work on or off campus during the school year.