All the Michigan resident students have good news! The Office of Postsecondary Financial Planning is inviting applications for its Tuition Incentive Program or TIP. The Tuition Incentive Program encourages eligible Medicaid recipients to complete high school by providing tuition assistance for an eligible student qualifying certificate or associate degree program and their bachelor’s degree program. Fellows should be Michigan residents as determined by institutional criteria.
This incentive aims to support deserving students’ education and make it possible for Michigan residents to complete their education without much financial load. The program provides needed support to the students and makes their higher education easy. The MI Students Aid with different programs has successfully provided enough funds to the students or residents of MI and encourages them to contribute to Michigan’s growth.
Michigan provides more than $130 million to Michigan college students in addition to Federal and institutional aid. Paying for college can be challenging. Aid help students from birth to beyond college graduation. Through the administration of various student financial assistance programs, students receive the guidance and funding necessary to pursue their educational goals. They help students with funding, tools, and resources to discover how they can afford college in Michigan. And provides different programs to fund their education.
Check the below-given table to get the information about this program:
|Organization||Office of Postsecondary Financial Planning|
|Educational Level||High school students|
|Number of Awards||Undefined|
|Application Deadline||August 31, 2021|
Who May Be Eligible?
Check the below-given requirements before applying for the program:
- A student must have (or have had) Medicaid coverage for 24 months within a 36-consecutive month period between nine and high school graduation.
- Fellows should obtain a high school diploma or its recognized equivalent before age 20.
- Students who attend a state-approved Early/Middle College have until age 21 to graduate and complete a TIP application are eligible.
- Candidate should be a Michigan resident as determined by institutional criteria. Individuals should be a U.S. citizen, permanent resident, or approved refugee.
- Fellows should Not be in default on a Federal student loan and should be enrolled at least half-time.
How to Apply
To apply for this program, candidates should Complete the TIP application no later than August 31 of the academic year in which the student graduates from high school or its recognized equivalent. Only the eligible students using the MiSSG Student portal. Candidates should file the FAFSA. The first institution listed on the FAFSA will be considered the priority school.
- FAFSA should be submitted before the deadline.
- The application on the student portal should be submitted.
The selected students will receive funds enough to reduce the financial burden. These funds should be exclusively used to pay the tuition of candidates. The benefits are divided into two-phase as follows:
TIP Phase I provides tuition assistance to eligible students enrolled in a certificate or associate degree program and taking classes within the study program.
TIP Phase II provides tuition assistance to eligible students who have a certificate, associate degree, or 56 transferrable semester credits.
Applications should be submitted before August 31, 2021.