How to Apply for & Accept Financial Aid

Step 1: Complete and e-Sign the FAFSA on the Web

  • Apply as early as possible after January 1 because some of the awards are on a first come, first serve basis. Go to Our school code is 003531.
  • The FAFSA is FREE do not pay someone to complete it for you. If you need assistance, ask us about the FAFSA Nights we host in January/February or come by our office.
  • The student and the parent (if dependent) must both sign the FASFA. If you don't have an FSA ID with the Department of Education yet, go to and apply. Keep your FSA ID in a secure place where you can retrieve it when needed.
  • You must fill out a FAFSA every year to receive Financial Aid.

Step 2: Submit all requested documents to the Financial Aid and Scholarships Office

  • The government randomly selects about a third of the applications for Verification. If you are selected for verification, we will send you notification with a list of documents that you need to supply. You can also see your outstanding requirements and their status in Banner Self-Service in the Financial Aid section.

Step 3: Awards are made

  • After all requirements are satisfied and the FAFSA is official, awards are made by the Financial Aid and Scholarships Office. First-time students will receive award notifications via US Mail. Returning students will receive their notifications via their UTM email account.

Step 4: Accept your Financial Aid Awards

  • Go to Banner Self-Service at and follow directions to log-in and access Banner Student Information System
  • Click "Financial Aid" then "Award Information"
  • "Accept Award by Aid Year"
  • Select "Accept Award Offer" tab. Scroll down and accept or decline award
  • First-time borrowers for loans: Follow through with Steps 2 (complete the Master Promissory Note) & Step 3 (Complete online Entrance Loan Counseling) The MPN is good for 10 years and the Entrance Loan Counseling has no expiration.


  • Other awards have specific requirements associated with them. Be sure to read carefully when accepting.
  • Periodically check on the status of any outstanding requirements.
  • READ. There are many avoidable errors made when applying and accepting Financial Aid due to not reading. If, after reading, you are still not clear on a question, take the time to call either your school or the Federal Student Aid Information Center at 1-800-4-FED AID (1-800-433-3243). The few extra minutes it takes could save you weeks of delays!
Duplicate Pin

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Exit Counseling

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How to Fill Out Your Master Promissory Note (MPN)


Parent PLUS

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Entrance Counseling

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Accept Loans

How to Accept a Loan in Banner