When all documents have been provided and applications are reviewed to determine eligibility for federal aid, students are provided with an aid package. When offered aid, students are notified through their UM email account. The notification provides instructions regarding Banner Self Service. Aid offers are accepted/declined through Banner Self Service>Financial Aid> Award>Award for Aid Year.
Prior to accessing the “Accept Award Offer” tab on Banner Self Service, students must click, review, and respond as directed through each tab, moving through each tab from left to right. A response is required on the “Title IV Authorization” tab and the “Terms and Conditions of Award” tab. After this is done, the “Accept Award Offer” tab becomes active for access. This is where aid offers are accepted/declined. Please note that beyond accepting/declining aid there may be additional requirements for certain types of aid. These additional requirements are addressed in detail under “Terms and Conditions of Award”.
Summer Aid Packages
Each aid year begins with the Fall semester and ends with the last session of the Summer term. Please note: your eligibility for summer aid will be reviewed and communicated to you following your summer registration during the spring semester.