Office of Financial Aid Office of Financial Aid

Accepting your Aid

Your EMU award letter

A "financial aid award letter" notifies students of their financial aid eligibility. Students will receive an award letter every year that they apply for aid. Students should read and understand their award letter so they know how much and what kind of aid they have been offered.

New students:

Each year the financial aid office begins awarding financial aid to new first-year students for the upcoming school year in mid-January. New transfer students will be awarded financial aid starting in mid-May. New students will be sent one paper award letter to their permanent address.

Continuing / Returning students:

Each year the financial aid office begins awarding financial aid to continuing/returning students for the upcoming school year in early May (after Winter grades have posted). Continuing / Returning students will be sent an award letter to their my.emich e-mail account.

Award letter tips:
  • Awards are based on assumed enrollment: undergraduate – 13 credit hours per semester, graduate – 6 credit hours per semester.
  • Any changes that occur to the financial aid award after the award letter is sent will generate an e-mail to the student. The student can then view the changes on their my.emich account.
  • Awards are based on Fall and Winter enrollment. Students who would like to apply for Summer financial aid should view the section titled "Summer Financial Aid."

Determining Aid Eligibility

Expected Family Contribution

The Expected Family Contribution (EFC) is a measure of your family's financial strength and resources that should be available to help pay for your education. The EFC is calculated from the information you report on the FAFSA and according to a formula established by law. Your family's income (taxable and untaxed) and assets are considered in determining your EFC. Your family size and the number of family members who will be attending a college or career school are also considered. Your EFC will appear on the Student Aid Report (SAR) you receive after you file your FAFSA.

Cost of Attendance (COA)

The Cost of Attendance (COA) represents the estimated tuition and living costs for the average undergraduate or graduate student for the academic year.

Financial Need

Some Financial Aid programs require financial need. To determine your financial need for federal student aid programs, your school subtracts the Expected Family Contribution (EFC) from your Cost of Attendance (COA).The difference is "need" for financial assistance (COA - EFC = need).

If your EFC is less than the COA, you may be offered "need-based" financial aid.

If your EFC is greater than the COA, you may be offered aid that is considered "Non-Need-based."

The combination of all scholarships, grants, loans, and work-study awards cannot exceed your COA.

How do I accept my aid?

Go to and login

  • Click on the Student tab
  • Select each of the following links:

    1.     Financial Aid
    2.     Award
    3.     Award for Aid Year
    4.     Select Aid Year & click "Submit"
    5.     Click on the tab “Accept Award Offer”
    6.     Accept/decline or adjust desired aid