Announcements
Full-Ride Scholarships Available for Incoming Freshmen
UW-Milwaukee is pleased to announce the Chancellor's Scholarship for Diversity and Leadership and the Academic Achievement Leadership
Award programs for high school seniors accepted for admission as new freshmen in fall 2010. These scholarship opportunities will provide
up to $21,000 for the 2010-11 academic year to students demonstrating outstanding academic achievement and leadership potential, and are
renewable for up to four years (eight semesters). Apply Now to view and print a copy of the application.
Please see the scholarship descriptions below to see eligibility and other details for each scholarship program. Click
here to apply for either or both scholarships.
Chancellor's Scholarship Description
Academic Achievement Description
Fall 2009 Financial Aid Update
Please click here to view the information on fall disbursement that was emailed to all registered students on July 20.
FAQ on Housing & Tuition Bills
Please click here to view information on Housing and Tuition Bills.
New Freshman Orientation PowerPoints
Please click below to access the PowerPoints presented by the Financial Aid office
during New Freshman Orientation:
1. Not Applied
2. Applied and Not Awarded
3. Applied and Awarded
Apply for Financial Aid
The first step to applying for aid includes filling out the Free Application for Federal Student Aid (FAFSA).
Click on image for more information
UW-Milwaukee's School Code: 003896
e-Learning: Videos for students & Families on Money Management Issues
Ever find making time to manage your money a little challenging? The good news is you can use these online video resources to become even more spending and saving savvy. And you can do so whenever you find the time. Click here to get started!
Current News
New Income Based (IBR) Loan Repayment Program
A new income-based repayment (IBR) program went into effect July 1, 2009. This repayment program caps a borrower's monthly payment at 15% of their discretionary income (15% of what a borrower earns above 150% of the poverty level for their family size). Any current or future borrower whose loan payment exceeds 15% of his/her discretionary income is eligible. After 25 years in the program, borrowers' debts will be completely forgiven. Borrowers with hefty debt or low-paying jobs are most likely to qualify for the program. All federal loans are covered (Direct/Federal Family Education Loan Program (FFELP). This includes Stafford, Grad PLUS and federal consolidation loans. Parent PLUS loans are excluded. Perkins loans consolidated into a FFEL/Direct loan are also eligible.
Source: NASFAA (National Association of Student Financial Aid Administrators)
Beware of Financial Aid / Scholarship Scams
1. Don't pay a fee for financial aid or scholarship information!
2. In one current scam students and parents receive a letter that appears to be from an official
financial aid organization. This letter may include personal information about the student and may
even name the UW-Milwaukee, but it is from a business that UW-Milwaukee does not endorse.
3. For more information about financial aid and scholarship scams, see the following from the
Federal Trade Commission.
Kiplinger's video - "Borrow Smart"
The topic of financial literacy has taken on a special significance as families are
affected by the national credit crunch.
Kiplinger has developed an educational video on how to borrow wisely, manage education
debt and make the most economical decisions when it comes to student financial aid. Entitled "Borrow Smart," the easy-to-understand
and informative 24-minute video first offers tips on saving, keeping costs low, and accessing scholarships and grants. Kiplinger's experts
also advise families on how to borrow wisely and only when needed, in order to make your college investment a wise one.
NASFAA Creates Handout for Students with Credit Crunch Questions
Despite some troubling reports in the media, students will be able to borrow federal student loans and receive financial aid this fall. The federal government and student loan companies have assured colleges that they will not allow recent developments in the credit markets to prevent students from getting loans. Below is a list of myths and facts about the availability of student aid for fall 2008.
Click here or on the headline to view handout.
The Five-Minute FAFSA
Minnesota-Wisconsin Reciprocity Agreement
Minnesota residents may be eligible to participate under the Minnesota/Wisconsin Reciprocity Agreement. Students certified under this program pay tuition at a special rate...
