Returning Undergraduate and Graduate Students
Award Notification
Students with complete financial aid applications will be notified of their Financial Aid Award beginning April 1. The notifications will be sent by email to the student’s UDM email address.
Students will be instructed to review their award and pending requirements by logging into TitanConnect account. Students can accept, decline or reduce the award presented right from their TitanConnect account. The Scholarship and Financial Aid Office will not be mailing award letters to students. All account information can be viewed in Banner, including class schedule, tuition and fees.
University Scholarships and Grants
Amounts may be prorated from previous year award based on cumulative grade point average (GPA) at time of award. You can view your GPA in Banner Self Serve, from the TitanConnect portal.
Related Links >> Scholarships and Grants
Refunds
Refunds, for those enrolled as indicated on the award notification and have an excess of financial aid, are mailed to students beginning the 1st Friday of classes, and on a rolling basis as funds become available. Be sure to update your mailing address in TitanConnect.
Loan Limits and Stafford, Grad PLUS and Federal Perkins Loan History
Federal loan programs have annual and cumulative maximums. Students can view their borrowing history at the National Student Loan Data System web site (NSLDS). Students can view total debt as well as each Federal Stafford, Grad Plus and a combined Federal Perkins Loan; including contact information for each lender and servicer. NSLDS is a great tool in managing student loans.
Graduate Students
See More for Graduate Students
Haven’t received an award notification?
Financial aid applications are commonly selected for verification. Each year the federal government selects families to verify the information submitted on the FAFSA. At least 30% of all financial aid applications are federally selected for verification. If your family is selected for verification, the financial aid office is required to review the following:
The Verification Form is available on the financial aid web site.The 2012-2013 verification worksheet. If your application is selected for verification, we will mail you the worksheet or you may print one. Please complete sections A-H of the verification worksheet. The verification worksheet must be signed and dated by both, the student and one (1) parent, if student is dependent. Please read the verification request carefully and follow the instructions to avoid delays.
New Guidelines For Reporting 2011 Income. The Federal Department of Education has instituted some changes to the verification process for the 2012-2013 award year.
Students and parents can no longer submit a signed copy of the IRS 1040/1040A/1040EZ as a way to confirm the income reported on the FAFSA. When completing the income sections of the FAFSA, the applicant is given the option to have this data retrieved directly from the IRS.
If the applicants decide not to use the IRS data retrieval process and the application is chosen for verification, the applicant and the parents will be required to submit an IRS tax transcript.
If the IRS tax retrieved information is changed on the FAFSA, the applicant will be required to submit an IRS tax transcript.
However, the IRS data can be retrieved by the applicant when a correction is made to the FAFSA. If the retrieved data is not changed, then an IRS tax transcript will not be required.
The IRS Tax Retrieval process will begin after February 1, 2012. The applicant must have a 2011 IRS tax return on file with the IRS.
TAX FILERS WITH SPECIAL CIRCUMSTANCES
The IRS Tax Retrieval may not be available for the applicant in the following circumstances:
- If the student or the student's parents have filed the FAFSA with a marital status of separated, divorced or widowed, but a joint tax return was filed for 2011 with the IRS;
- If the tax filer is married to someone other than the individual included on the 2011 joint tax return;
- If the parent or student was not married in 2011 but is married at the time the FAFSA is filed. The current spouse's income must be reported on the FAFSA;
- If the parents or the student are married but filed tax returns separately;
- If an amended tax return was filed.
Please indicate the student's I.D. number or SSN on each form.
REQUESTING AN IRS TAX TRANSCRIPT
Here are two ways tax filers can request a tax transcript:
ONLINE Go to www.irs.gov A paper transcript will be mailed to the requestor within 5 to 10 days. THIS CANNOT BE SENT DIRECTLY TO UDM. Please sign the tax transcript and send it to UDM. You may request a copy of your 2010 tax return by contacting the IRS at (800) 829-1040.
TELEPHONE (800)908-9946 A paper transcript will be mailed to the requestor within 5 to 10 days. THIS CANNOT BE SENT DIRECTLY TO UDM. Please sign the tax transcript and send it to UDM.
IRS DATA AVAILABILITY
In general, tax filers can anticipate that the IRS data will be available within either:
- Two weeks if the tax return has been filed electronically with the IRS OR
- Eight weeks if the tax returns have been mailed to the IRS.
If the tax filer has changed or corrected the federal income tax return, the amended information may not be available through the IRS data retrieval process. You will be required to submit both the original IRS tax transcript as well as the amended IRS tax transcript.
IF AN IRS 1040 WILL NOT AND IS NOT REQUIRED TO BE FILEDThe filers must attest that an IRS 1040 has not and will not be filed and that the IRS 1040 is not required to be filed. Copies of all W-2 forms from ALL employers must be submitted to the office of Scholarships and Financial Aid.
Applicants filing a Puerto Rico tax return or a foreign tax return may not use the IRS Tax Retrieval and must send a signed copy of their 2011 tax documents.
FOOD STAMP RECIPIENTSOn the FAFSA, if Question 75 confirms that Food Stamp Benefits were received in either 2010 or 2011, then the student (and spouse, if applicable) and/or the student's parent(s)(if student is dependent), must attest to receiving those benefits on the verification worksheet.
CHILD SUPPORT PAIDApplicants who have been selected for verification and who have indicated that child support was paid by the filer during 2011 must confirm the name and age of the child(ren), to whom the payments were made and the amount(s) of child support paid on the verification worksheet.
More InformationWe may require additional documentation to complete the verification process.
Important NoteAll Federal/State Aid listed on the TitanConnect award will remain an estimate until the verification process has been completed by the financial aid office.
Financial Aid Satisfactory Academic Progress (SAP) Probation Contracts
Contracts for students not meeting SAP standards are mailed prior to the start of the term for which the student is on probation. The contracts must be signed by the student and the student’s academic advisor and returned before any federal or state aid can be applied to the student’s account.
Students who are offered contracts and show progress, but do not yet meet SAP standards may be offered contracts for subsequent terms until he or she finally meet the requirements.
Who can you talk to if you have questions?
Each student is assigned to a Financial aid Advisor. Advisors are available by phone, e-mail and walk-in office visits.