Resources

Financial Aid at UWM

At UWM we’re working on two years at once for most of the year. Be sure to select the resource for the appropriate year! The school year 2017-18 (we call it aid year 2018) applies to Fall 2017, Winter 2017, Spring 2018, and Summer 2018. The school year 2018-19 (we call it aid year 2019) applies to Fall 2018, Winter 2018, Spring 2019, and Summer 2019.

How to Pay For College
College Saving Programs & Tax Credits

There’s great news for parents and students: the federal government provides a number of tax incentives that can help defray the cost of higher education. These incentives come in a couple of forms: Tax Credits, which directly reduce the amount of tax you are liable for; and Tax Deductions, which reduce the amount of income on which you pay taxes.  For a complete listing, please visit NASFAA.ORG

In addition to tax credits & deductions, Wisconsin offers educational investment opportunities for families to save money for their student’s college expenses:

Understanding the FAFSA
  • FAFSA4Caster – Found under Thinking About College, you can forecast an early estimate of eligibility for federal student aid- Great for HS Juniors!  
  • studentaid.gov – Allows users to find federal student aid information, apply for federal aid and repay student loans
  • College Goal Wisconsin– a state event held in February that provides free information and assistance to families who need to complete the FAFSA. Great for HS Seniors entering in the Fall!
Money Management
  • GradReady – A UWM specific financial literacy tool. Learn more about managing your tuition, budget, and bills.
  • Cash Course – Tools for managing your money
  • Feed the Pig – a program from the AICPA that has many helpful articles and tips about spending, saving and managing money habits.
  • My College Money Plan – Learn how to plan for the costs of higher education and gain money management skills that last a lifetime.
  • MyMoney.gov -Government website dedicated to teaching all Americans the basics about financial education.
Loans & Debt Repayment
  • Loan Repayment Options – This tool can help you find the best student repayment option for you in 5 steps or less!
  • Debt Resolution – Information and activities related to defaulted education debt for the U.S. Department of Education.
  • Great Lakes – Federal loan servicer. Many student loan borrowers from Wisconsin will have their loans serviced by Great Lakes.
  • Student Debt Repayment Assistant — Tool offered by the Federal Consumer Financial Protection Bureau that can help you evaluate possible student loan repayment options.
  • Direct Loan Repayment Answers – Having difficulty making loan payments? Get  answers to your questions on Repayment, Deferment, and Forbearance..
  • Federal Loan Consolidation – See if Loan Consolidation is a viable option for you.
  • National Student Loan Data System – Central database for student aid. Displays information on loan and/or grant amounts, outstanding balances, etc.
  • Office of Student Financial Aid Ombudsman – Works with student loan borrowers to informally resolve loan disputes and problems.
Campus Resources
  • Personal computer purchases – Though computers may be purchased anywhere, the UWM TechStore offers a selection of Dell computers as well as the full line of Apple Macintosh and iPad models – conveniently on campus.
  • UWM LGBT Resource Center – LGBT students can sometimes face unique obstacles in obtaining financial aid. Find guidance and resources regarding some common ones you may encounter here.
  • DACA & Undocumented Student Toolkit– While there may not be federal financial aid options available, learn more about the resources available to you here at UWM.