Welcome to Academic Year 2022-23

Michigan Department of Treasury sent this bulletin at 09/08/2022 01:36 PM EDT

Welcome to Academic Year 2022-23

Welcome to the new academic year. As always, I want to take a moment to acknowledge the past years effort in helping our students navigate postsecondary education. We are excited to embark on new opportunities in the year ahead as we work to support our future educators with two new programs (which we are diligently working on developing) and offer increased awards to students in some of our current programs. Our partnership is invaluable as we work to support our students and families through an ever-changing postsecondary environment.

Additionally, SSGO has welcomed many new members to our team and offered new opportunities to many existing staff. Check out SSGO’s contact list who are all eager to support you.

We look forward to our continued partnership with you in the coming year!

Clear Ineligible Reasons – Deadline September 13, 2022

MiSSG School Users should be accessing MiSSG to review the “Clear Ineligible Reasons” and to update ineligible student records, if applicable. The deadline to clear ineligible reasons for MCS/MTG is September 13, 2022.

TIP Rate Academic Year 2022-23 – Deadline September 13, 2022

Per Public Act No. 144 of 2022, the tuition rate that may be received for TIP at participating private or independent degree-granting institutions is calculated annually by averaging the standard in-district tuition rates of participating Michigan community colleges. The 2022-23 rate is $122 per credit hour and has been prepopulated in MiSSG.

Please enter your 2022-23 TIP Rate for your institution in MiSSG by September 13, 2022.

To enter the 2022-23 TIP Rates, please follow these instructions:

Log into MiSSG.
Click on Tuition Incentive Program.
Click School Profile.
Click Update.
Enter in credit rate information.
Click Save.

TIP Rate by Institution Type:

Community: In-District Tuition Rate per Credit and Out-of-District Tuition Rate per Credit.
Public: Lowest Resident Rate per Credit.

Fall Certification/Reimbursement Requests – Opens September 14, 2022

Institutions may begin certifying awards/requesting reimbursements for the Fall 2022 term/semester on September 14, 2022.

To be included in the 1st quarter payments, awards must be certified and reimbursements requested by the deadline of 5:00 p.m. on November 15, 2022.

First quarter payments will be processed beginning on November 16, 2022.

Year End Balancing – Deadline September 16, 2022

All institutions must balance expenditures for State financial aid programs following the 4th quarter payments. Institutions must issue any refunds owed to SSGO no later than September 16, 2022 and complete the SSGO Refund Worksheet available on our Web site.

MCS/MTG Budgets for 2023-24 – Deadline October 2, 2022

Between now and October 2, 2022, institution budget screens for Academic Year 2023-24 may be updated (with prior-year 2022-23 data).

To update your institution's 2023-24 budget, please follow these instructions:

Log into MiSSG, click on the Michigan Competitive Scholarship menu.
Click School Profile.
Change the Academic Year at the top of the screen from Year 2022-23 to 2023-24.
Click Budget.
Enter both the Tuition and Fees and Room and Board using your institution's 2022-2023 Budget Information. NOTE: If there is no change to budget amounts, please click, "The budget amounts have been reviewed and approved," check box.
Click Save.

For private institutions, once the MCS budget is entered, the MTG budget fields will populate automatically with the same budget information. No further action is required in the MTG school profile regarding the budget after MCS is updated.

If a budget is not entered by October 2, your 2021-2022 Budget Information will be used for 2022-23 awards.

STATE BUDGETS FOR 2023-24.docx

MiSSG 2022-23 User Access – Deadline September 30, 2022

Financial aid directors must annually renew the users at their institution by submitting a new security access form.

The 2022-23 MiSSG Aid Administrator Security Access Form is now available.

MiSSG user accounts not renewed by September 30, 2022 will be deactivated.

Each security access form must be:

Completed electronically by the aid director.

Please do not send a handwritten form.

Emailed to mistudentaid@michigan.gov from the aid director’s email address.

Forms sent to or from different addresses will not be accepted.

For reference, aid directors may request a copy of their institution’s 2021-22 MiSSG Aid Administrator Security Access Form by emailing mistudentaid@michigan.gov.

Financial Aid Lead Contacts Survey – Deadline September 30, 2022

In an effort to have the most up-to-date contact information for lead contacts processing State financial aid programs at your institution, please complete this survey by September 30, 2022.

Teacher Recruitment Programs

We are in the developmental phase of building the programs and are working diligently to ensure Michigan’s Future Educators receive this support as soon as possible. Although we will not be able to process payments immediately, we are excited to be able to include students from Fall 2022 in the payment process.

The MI Future Educator Fellowship is an award of up to $10,000 per year or the cost of tuition and required fees, whichever is less.

The MI Future Educator Stipend is an award of up to $9,600 per semester for student teachers who are completing their course of study at a Michigan institution and student teaching in a Michigan school district.