Ross Financial Aid

Our office will be closed on Monday, July 4, 2022. Our virtual open advising hours will be also closed on July 4, 2022 and will resume on July 5, 2022.

Daily Virtual Open Advising Hours:

Monday, Wednesday, Friday    9:00 am – 11:00 am
Tuesday and Thursday              1:30 pm – 3:30 pm

During the above open advising times, you may send a message (with your UMID number) through Google Chat to to initiate a virtual meeting. Messages will be answered in the order received, (wait time may exist). Once we are ready to assist, we will send you an invite to join us in a Google Meet room. We will wait no longer than 3 minutes for you to join before ending the meeting and moving onto the next meeting. Ross Financial Aid will not be available for virtual open advising outside of these times. Times are in Standard Eastern time zone.

Required Reading

Required Reading is the reference and resource guide for students who are awarded financial aid at the University of Michigan. We call it Required Reading because it answers many questions students ask about their financial aid and provides information you must know in order to receive financial aid at U-M. You are expected to read it in order to understand the rights and responsibilities that go along with receiving your aid.


Read the Office of Financial Aid Publications and Newsletters for important tips and information.

Scholarships that Require Application

Ross Scholarships (also known as departmental scholarships) come from both corporate and private donors. Most of these scholarships require demonstrated financial need and merit. We encourage all students to apply for financial aid through completing a FAFSA application to receive full consideration for all need based scholarships, even if you do not believe you will qualify for financial need.

All students who will be attending Ross are automatically considered for Ross scholarships through the admissions process.

While the vast majority of Ross scholarships do not require a separate application from time to time we will have a small handful of scholarship that requires application. Click on the respective link to learn more about these scholarships that require applications


Note if you do not see your program listed above that means our office does not have any scholarships offered to your program that requires application for consideration.

Schedule a 15 minute Advising Appointment: 

Click on the Advising System to schedule a 15 minute appointment to meet by Google Meet at a designated time with Michelle Gurski, Assistant Director of Ross Financial Aid.  Students can choose to video conference or dial in via phone to Google Meet. Need to meet with us sooner? Feel free to visit us during Virtual Open Advising (see instructions to the left).

Spring/Summer Aid

If you are interested in Spring/Summer Federal aid, students must file a 2021-2022 FAFSA with school code 002325 for University of Michigan Ann Arbor before June 30, 2022

Students in need of Spring/Summer Grad PLUS Loan or Private Loan borrowing must submit a new application with borrowing terms of Spring/Summer (borrowing months of : May to August for Spring/Summer , May to June for Spring only , July to August for Summer only).

Learn more about Spring/Summer financial aid > HERE

The Summer 2022 direct deposit refunds to Ross School of Business students should be available on or after June 28, 2022. 

Checks are mailed to students without direct deposit to their current active address in Wolverine Access. Mail delivery dates cannot be confirmed. 

Direct Deposit

Set up your Direct Deposit to get refunds sooner at  Wolverine Access > Student Business > Payroll and Compensation > Direct Deposit. Be sure that your current address on file up is always up to date.

Budgeting and financial planning

Budget Wizard (CashCourse budget wizard website)
Your Money Your Life (U-M Office of Financial Aid)

Managing & Repayment tools

Repayment Plans & Calculators (U.S. Dept of Edu for Federal Loans)
Loan Limits and Calculators (U-M Office of Financial Aid)

Estimating your Monthly Loan Payments

Financial Awareness Counseling (U.S. Dept of Edu for Federal Loans)
Payment Plan Simulator (U.S. Dept of Edu for Federal Loans)
Student Loan Calculator (College Board for all loans)  

Contact Information

Due to the evolving impact of the COVID-19 virus, Ross Financial Aid will have limited phone access. Please know that we are still here to support you through your Ross and University of Michigan experience. Contact us through email, virtual open advising, or schedule a 15 minute Google Meet appointment (join by video or phone). 

Phones, fax and mail access are limited at this time.

Email:, Be sure to included your UMID number.

Ross Financial Aid Office Location:

Kresge Hall, Third Floor, Room K3521
700 East University
Ann Arbor, MI 48109-1234

Phone:   734-764-5139
Fax:        734-764-2129

Ross Financial Aid Staff:

Michelle Gurski
Assistant Director
Barbara Stevens
Financial Aid Coordinator

The Ross School of Business Office of Financial Aid is a satellite office of the University of Michigan Office of Financial Aid.