The University Office of Financial Aid (OFA) administers the Federal Direct Loan and the Federal/Michigan Work-Study Programs. MSW students must be enrolled for a minimum of 9 credit hours per term to be eligible for the Federal Direct Loan and college work-study programs. U.S. citizenship or eligible noncitizen status required.
The following types of financial assistance are awarded by the University’s Office of Financial Aid, which is located on campus at 2500 Student Activities Building, 515 East Jefferson. Please note that the University of Michigan participates in the Direct loan program, and therefore does not process unsubsidized loans, or Grad PLUS loans through private lenders.
In 2023-2024, eligible MSW students received up to $10,250 per term in federal Direct unsubsidized loan aid. Federal Direct unsubsidized loans are non-need-based.
Note: Graduate/professional students are not eligible for subsidized Direct Loans.
Many students find that supplemental borrowing becomes an important resource to finance educational expenses. The Grad Plus loan and private non-need-based loan options may be of interest to those who meet the following criteria:
In some cases, the variable interest rates available through federal programs (such as the unsubsidized Direct loan and the PLUS Loan) are lower than the rates for private loan programs. Students should compare the terms and interest rates of these loan programs carefully.
For information on private, non-need-based loans, visit the private loans section of the Office of Financial Aid website.
University of Michigan
School of Social Work
1080 South University Avenue
Ann Arbor, MI 48109-1106