Financial Aid and Scholarships

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Merit Scholarship

The Merit Scholarship is open to newly admitted fall and winter master’s students in an ISD graduate degree program. Applicants for the scholarship must be nominated by the program admission committee after meeting a series of eligibility requirements. More details on eligibility and awarding timelines are available on the Merit Scholarship webpage.

College of Engineering Fellowships (Masters)

While most funding opportunities for master’s students lie within respective CoE departments, there are some fellowship opportunities available through the U-M College of Engineering, as well as a range of external funding options. These are detailed on the U-M College of Engineering funding webpage for master’s students.

College of Engineering Fellowships (Doctoral)

Doctoral students have access to a range of financial support options including stipends for living expenses, research and GSI positions, and fellowships. Find out more on Michigan Engineering’s Scholarships and Funding page.

CEW Scholarships

CEW assists students to complete their education, make career decisions, develop professionally, and balance school with other family and life responsibilities. In addition, CEW offers scholarships for returning women students at the University of Michigan and emergency grants for U-M graduate students. Visit the CEW Scholarships Page.

Financial Aid

Federal Direct Loans

To be considered for Federal Direct loans when applying for financial aid and completing the Free Application for Federal Student Aid (FASFA), You must also complete the Direct Loan Program requirements.

Private Education Loans

Private student loans are offered through a variety of banks and other lenders. Students wanting private loans must apply separately from their financial aid application through an individual lender. The best rates on these loans are generally offered to borrowers with good credit and/or who have a cosigner with good credit. Visit the Financial Aid Private Education Loans page for more information.

Employment On Campus

Employment in certain Graduate Student Instructor and Grader positions are made available by ISD faculty, with opportunities sent directly to ISD students. Beyond these positions, employment can be found through the U-M Student Employment Office or the U-M website for On-campus Employment for F-1/J-1 Students.

Other Resources

Office of Financial Aid

The University of Michigan’s Office of Financial Aid serves as a valuable resource for all U-M students throughout their time at U-M. The OFA website has information on applying for private scholarships, applying for Graduate Student PLUS loans, obtaining Federal Direct Stafford Loans, information for vets, and more.

U-M Library Guide to Graduate Funding

Grad students and undergrads can find scholarships, fellowships, and research grants to help fund their U-M education.