State scholarship programs can help with college costs
These days, students can use all the help they can get in covering college costs.
With that in mind — and with November being Michigan’s Scholarship Month — the state Department of Treasury has sent out a timely reminder about some of the various scholarships offered that might otherwise be overlooked.
“The state administers an assortment of scholarships as provided under state law,” said Anne Wohlfert, director of Treasury’s Student Financial Services Bureau. “MI Student Aid works closely with our state’s school districts to inform and educate students and their families about the scholarships available to help pay for college.”
Most state of Michigan scholarships are restricted to tuition and mandatory fees, and awards are paid directly to the institution on the student’s behalf.
These financial assistance programs include —
— Children of Veterans Tuition Grant: Provides undergraduate tuition assistance to the children of Michigan veterans who are totally and permanently disabled, missing in action or who died while serving. Students may receive assistance for up to four academic years for a total of up to $11,200.
— Fostering Futures Scholarship: For young adults who have experienced foster care in Michigan. Awards are paid directly to the students’ institution to assist with needs in tuition, fees, room, board, books or supplies.
— Michigan Competitive Scholarship: Available to undergraduate students pursuing their first degrees at an approved Michigan postsecondary institution. Students must demonstrate both financial need and merit based on a qualifying SAT score.
— Michigan Tuition Grant: For undergraduate students, based on financial need, for use at independent, non-profit, degree-granting colleges and universities in Michigan.
— Police Officer’s and Firefighter’s Survivor Tuition Grant: Waives tuition costs at state public institutions for children and surviving spouses of Michigan police officers and firefighters killed in the line of duty.
— Tuition Incentive Program : Encourages eligible students to complete high school by providing tuition assistance for the first two years of college and beyond. Students must meet a Medicaid eligibility history requirement and apply before high school graduation.
To learn more about the state’s available scholarships and other financial aid resources, go to the MI Student Aid web site at www.michigan.gov/mistudentaid, or follow @MIStudentAid on Twitter, Facebook, Instagram or Snapchat.