Reviewing/Accepting Financial Aid
We understand that you may be nervous about accepting your financial aid award. What
if you change your mind and decide not to attend Ferris State or Kendall College of
Art & Design, or what if you get a scholarship or some other financial aid later and
don't need a loan that you have accepted?
No worries! Students are protected by federal financial aid regulations. If you accept
student loans now and change your plans or change your mind later, you may easily
cancel your student loans by emailing us a request to do so. There are no tricks -
we are here to work for you.
- Log into Ferris360.
- Search for "Financial Aid Award Offer" and select it from the search results.
- In the Financial Aid Awards section, select "Award Offer".
- Enter the appropriate academic year (for Fall 2025 select Award Year 2025-2026).
- Select the Terms and Conditions tab, read - then click on "Accept".
- Now you may access your Accept Award Offer tab.
- If you are going to accept all of the aid offered to you including student loans,
you are encouraged to select yes to the two authorizations* located below your award
offer, then scroll to the bottom of the page and select "Accept Full Amount All Awards".
- If you do not wish to accept all of the aid offered to you including the full amount
of the student loan offer(s), then you may either accept a partial amount or decline
the individual loan offers. Please note that if your financial aid award is for the
academic year (fall and spring semesters) the amount of loan you accept will be divide
in half. Half for fall and half for spring. Example: If you need $500 for fall semester,
you would accept $1000 ($500 for fall, $500 for spring). You are encouraged to select
yes to the two authorizations* located below your award offer, then scroll to the
bottom of the page and select "Submit Decision". Please note that if you select "Accept
Full Amount All Awards" the system will override your decisions and accept the full
amounts.
- Check the bottom of page for any unsatisfied Disbursement Requirements. If you accept
student loans there will be two online processes listed there that you will need to
complete to finalize the loans.
*We encourage all students to say yes to the two authorizations at the bottom of the
award offer page. The first allows your financial aid to apply to any charges that
you authorize - including Health Center charges, parking pass charges – things of
that nature. The second authorization allows your aid to pay charges from a prior
semester (if applicable). This is rare, but is also a good idea. As an example if
you owed charges from fall semester, this authorization would allow your spring financial
aid to cover that prior balance.