How to Accept Financial Aid Awards

Reviewing Your Financial Aid

Accepting financial aid can feel overwhelming. What if you change your mind, or what if you get a scholarship or some other financial aid and don't need a loan anymore?

Don't worry, you're protected by federal financial aid regulations. If you accept loans now and later decide not to attend Ferris State or Kendall College of Art & Design, or if your financial situation changes, you can cancel your student loans by emailing us with a request.

Viewing Your Award Offer

Step 1

Head to the Financial Aid Award Offer page in Ferris360. You will need to log in to view the page.

Step 2

Under Financial Aid Awards, select "Award Offer."

Step 3

Enter the appropriate academic year (for example, select Fall 2025 for Award Year 2025-2026).

Step 4

Select the Terms and Conditions tab, read, then click "Accept."

Step 5

Navigate to the Accept Award Offer tab.

Accept or Decline Your Award Offer

Option 1: Accept Everything

Select "Accept Full Amount All Awards" at the bottom of the page.
Make sure to select "Yes" to the two authorizations* (see below for more details).

Option 2: Accept Some or Decline

You can accept a partial amount or decline individual loan offers.
If your award is for Fall & Spring, the loan will be split 50/50.
- Example: If you need $500 for Fall, accept $1,000 total.
Select "Yes" to the two authorizations*.
Click "Submit Decision."
- If you click “Accept Full Amount All Awards,” it will override any manual changes and accept everything.

After You Accept: Check for Additional Steps

Look at the bottom of the page for any unsatisfied Disbursement Requirements.
If you accepted loans, you'll see two online steps you must complete to finalize them.

*About the Two Authorizations

We encourage all students to select "Yes" to both as they give flexibility and peace of mind:

Covers additional charges (like Health Center charges or parking)
Covers past-due balances (let's spring aid cover a fall charge if needed)