Financial Aid Newsblog » Announcements

2013 Preview Day

Kelly — Fri, 22 Mar 2013 16:40:04 +0000

Thank you to all 2013 Preview Day attendees! If you missed the financial aid information session, please take a look at our talking points:

FinAid_PreviewDay_2013

Also, please see Tax Credits for information regarding tax breaks for higher education.

As always, please let us know if you have any questions. We hope to see you on campus in the fall!

FinanceU Financial Literacy Event a Success!

Kelly — Wed, 26 Dec 2012 16:03:02 +0000

The Office of Financial Aid and the student Finance Club have partnered to offer FinanceU, a financial literacy program designed to increase the financial awareness of students and to assist students in making informed financial decisions now and in their professional lives. The Finance Club is advised by Emanuel Oliveira in the School of Business and Economics. The Financial Aid Office representative is Cindy Cowell.

The inaugural event was an informational table in the library on Dec 12. Students who stopped by were offered information on budgeting, saving (including retirement saving), and financial aid.

FinanceU is a great avenue to introduce students to CashCourse, a free financial literacy tool sponsored by the Alumni Association and available on the Financial Aid website at www.cashcourse.org/michigantech.

On Dec 12 students who attended the event were surveyed regarding their current budgeting and saving practices.

A total of 69 surveys were collected. An overview of the responses follows showed that 54 male and 15 females responded. The surveys represented 22 different majors and one faculty member.

Of the respondents, 78% have a savings plan with 100% of those with a savings plan indicating that the tool they use for tracking saving is their checking account. Other savings tools used include a piggy bank, securities and no tool used.

Only 15% of those surveyed budget their money. The budgeting tools used by this 15% include Quick Books, Mint.com, an online banking site, phone apps or by hand.

FinanceU will sponsor additional financial literacy events during the Spring 2013 semester. The program is also available for presentation to student groups. For more information or to schedule a presentation, contact Cindy Cowell at ccowell@mtu.edu.

Upper Peninsula Road Builders’ Scholarship Announces Scholarship Recipients

Kelly — Thu, 13 Dec 2012 20:33:18 +0000

Congratulations to Jonathan Gerke, John Kaminski, Thomas Kilpela, Kyle Marynik, Joel Ortman, Bruce Scuffham, Joshua Vander Hyden and James Davis (not pictured). The students were selected to receive the 2012-2013 UP Road Builders’ Scholarships.

Scam Alert!

Kelly — Tue, 13 Nov 2012 19:03:33 +0000

It has come to our attention that Michigan Tech students have received fraudulent mailings from The Student Financial Resource Center requesting completion of an application and a $65 payment. The document is referred to as a “Student Aid Profile.” This mailing is a scam.

You should never pay for any scholarship or financial aid application. If you receive a questionable application, please call the Financial Aid Office at 906-487-2622 or email finaid@mtu.edu.

Open House Presentations

Kyle — Fri, 05 Oct 2012 20:41:33 +0000

Thanks to everyone who attended Open House this year! If you missed it or need a refresher on the financial aid sessions, our in state residents should click here. If you are from out of state, please click here.

As always, please let us know if you have questions.

Don’t Forget to Submit Documents!

Kyle — Mon, 06 Aug 2012 13:13:40 +0000

The time is fast approaching for students to start or continue their journeys here at Michigan Tech. If you’ve received communication from the financial aid office requesting documents or additional information (e.g. w-2′s, IRS tax transcripts) please be sure to fulfill that request as soon as possible as we cannot pay out financial aid until those requests are filled. Keep in mind that in some cases, fulfilling those requests can take up to two weeks, and bills are due on August 29. As always, feel free to contact our office with any questions you may have;

financialaid@mtu.edu

906-487-2622

Summer 2012 Financial Aid

Kelly — Wed, 18 Jan 2012 19:29:47 +0000

Are you thinking about enrolling in summer classes and enjoying beautiful Houghton without snow on the ground? If so, you’ll need to complete a Summer Financial Aid Application to be considered for any aid. Your summer cost of attendance and financial aid package will be awarded based on the information you report on the application.

The minimum number of credits required to retain specific types of aid are as follows:
Scholarships and University Student Awards – 12 credits
Federal Direct Loans – 6 credits

Note: throughout the summer semester, students who change their enrollment status will see an adjustment to their federal grants and possibly to other aid. It is important to speak with a financial aid staff member prior to dropping a summer class to understand the impact it will have on your financial assistance. Please contact the Financial Aid Office with any questions (906-487-2622 or finaid@mtu.edu).

SMART Scholarship

Kelly — Mon, 31 Oct 2011 11:48:39 +0000

The Department of Defense offers scholarships and post-graduation career opportunities to our nation’s research leaders of tomorrow. SMART Scholars receive: generous cash award, full tuition and fees, health insurance, book allowance, summer internships (multi-year participants), and career opportunities. The application deadline is December 1, 2011 for the 2012 school year. For more information and to apply: www.asee.org/smart.

Upper Peninsula Road Builders’ Scholarship Fund Announces Scholarship Recipients

Kelly — Thu, 27 Oct 2011 19:58:20 +0000

Congratulations to Erin Bertocchi, Tyler Cattelino, Mathew Edwards, Jennifer Fuller, James Lawson, William Marklein, Ryan Nichols, Joshua Steffeck, Mark Kivisto, Adam Wenneman, Ethan Richmond and Mark Jakubik on winning the 2011-2012 academic year U.P. Road Builders Scholarships!

Open House Presentation Slides

Kelly — Mon, 03 Oct 2011 14:01:38 +0000

Thank you to everyone who attended Open House 2011 at Michigan Tech. If you didn’t have the opportunity to see the Financial Aid presentation, these slides will give you insight as to what we talked about. As always, contact our office with any questions.

You can see our presentation by going to www.mtu.edu/finaid/pdfs/1112/FinAid_OpenHouse_2011.pptx.