Information for Current Students

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    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 Detroit Mercy email address.

    Students will be instructed to review their award and pending requirements by logging into My Portal account.  Students can accept, decline or reduce the award presented right from their My Pass 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.

    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. To find out if you have been selected for verification, check your financial aid requirements on My Portal. See more on the verification process.

    University Scholarships and Grants

    Scholarship and grant 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 My Portal.

    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.


    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.


    Refunds, for those enrolled as indicated on the award notification and have an excess of financial aid, are mailed to students beginning the first Friday of classes, and on a rolling basis as funds become available.  Be sure to update your mailing address in My Portal.