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Student Financial Services

North Foundation Hall, Room 120
318 Meadow Brook Road
Rochester, MI 48309-4454
(location map)
(248) 370-2550
Have your Grizzly ID ready
finservices@oakland.edu
M-F 8 a.m. - 5 p.m.
OU school code: 002307

Student employment contact: studentempl@oakland.edu

Student Financial Services

North Foundation Hall, Room 120
318 Meadow Brook Road
Rochester, MI 48309-4454
(location map)
(248) 370-2550
Have your Grizzly ID ready
finservices@oakland.edu
M-F 8 a.m. - 5 p.m.
OU school code: 002307

Student employment contact: studentempl@oakland.edu

Awards and Requirements

After financial assistance is offered, you will have several steps to complete in order to receive the aid. It’s important to follow through with all these steps to ensure your aid is processed in a timely manner.

Direct DepositPolicies, Terms and Conditions

Steps to Accept Financial Aid Offers
Award notifications, including revised ones, are sent to your Oakland University email — always check your OU email and MySAIL regularly.

Step 1: View Your Financial Aid

You can view your financial aid award package by academic year and the breakdown for the estimated cost of attendance.

How to check financial aid award status: 

  1. Log into MySAIL using your NetID and password
  2. Select Financial Aid from the Popular Services box 
  3. Select Award 
  4. Select Award by Aid Year
  5. Select the aid year if prompted and click Submit
    1. Review the Cost of Attendance (maximum amount of aid you can receive)
    2. Review Housing plans indicated on FAFSA
    3. Review Expected Enrollment (rate of enrollment to receive the financial aid offered)
  6. Click the Award Overview tab and scroll to the bottom to view awards
    1. Click each award for important information and instructions

Use the Cost Estimator to determine if your financial aid will cover your estimated billable charges. If necessary, complete a Revision Form (found on our Forms page) to adjust awards, enrollment and housing plans.

Step 2: Select Authorizations

You can authorize Student Financial Services to use your excess financial aid funds to pay for miscellaneous charges such as health center charges, fines for damages, etc. Late payment penalties, payment plan processing charges for manual payments and default charges are excluded. You can change authorizations through MySAIL once each academic year, but subsequent changes within the same academic year must be submitted to Student Financial Services in writing.

How to select your authorizations:

  1. Log into MySAIL using your NetID and password
  2. Select Financial Aid from the Popular Services box
  3. Select Award
  4. Select Award by Aid Year
  5. Select the aid year if prompted and click submit
  6. Click the Resources/Additional Information tab and follow the instructions
Step 3: Accept/Decline Student Loans

If offered, you must complete a process to accept or decline student loans.

How to accept or decline student loans:

  1. Log into MySAIL using your NetID and password
  2. Select Financial Aid from the Popular Services box
  3. Select Award
  4. Select Award by Aid Year
  5. Select the aid year if prompted and click Submit
  6. Select Accept Award Offer tab
  7. Use the drop down menu next to each award to accept or decline the full amount. You can accept a portion of the award by selecting Accept, then specifying a dollar amount in the box to the right.
Step 4: View and Complete Financial Aid Requirements

You can view the processing status of any unsatisfied financial aid requirements, the requirements for meeting the Satisfactory Academic Progress (SAP) policy for financial aid eligibility, a personal history of SAP status, and any holds placed on the account. 

How to check financial aid requirements:

  1. Log into MySAIL using your NetID and password
  2. Select Financial Aid from the Popular Services box 
  3. Select Eligibility
  4. Select the aid year if prompted and click Submit
  5. Select Student Requirements 
  6. View Unsatisfied and Satisfied Requirements – note the “status” and “as of date” columns. 

Please complete all required documents and resubmit any incomplete documents. Processing takes 2-4 weeks.

Securely Upload Your Requirements to MySAIL:

You can now upload unsatisfied requirements (documents) in MySAIL using the steps below to finalize your financial aid award offer:

  1. Log into MySAIL using your NetID and password
  2. Select Financial Aid from the Popular Services box 
  3. Select Upload Documents 
  4. Select the aid year if prompted and click Submit
  5. Read the instructions carefully to select the requirement from the drop down menu, choose the correct file you are uploading and upload the file for Student Financial Services to review

Please keep in mind that you must submit your requirements as a PDF under 6000 KB in size. Do not submit multiple documents as one document. Do not submit the same document under multiple requirements.

Step 5: Create Proxy Access in MySAIL

You can designate another person (a proxy) to access and view academic and financial aid information on your student account.

Granting access allows parents/guardians, spouses and others to stay up-to-date on financial aid awards and requirements, class schedules, grades and more. You can control exactly how much information a proxy can view. Once a proxy is added to your MySAIL account, you control the authorization settings to enable the proxy to view certain pieces of information. Their settings are “view only,” meaning a proxy can never make changes to any information in MySAIL.

How to add a proxy:

  1. Log into MySAIL using your NetID and password
  2. Select Sail
  3. Select Student Services
  4. Select Manage Proxy
  5. Select Add Proxy
  6. Fill in the required fields and select Add Proxy
  7. Once the proxy is added, click on the yellow down arrow next to his/her name
  8. On the Profile tab, select a relationship type from the drop-down menu and indicate a start and stop date for your proxy to have access to your information
  9. On the Authorization tab, select all areas of MySAIL that you would like your proxy to have view-only access

If you granted proxy access, that person should follow these instructions to log into your account. Students are able to grant proxy access for select academic and financial information.

How to log in as a proxy:

  1. Go to MySAIL
  2. Select Proxy Login in the lower right corner
  3. Enter the email address that was authorized as a proxy user, along with the PIN number established
  4. Confirm your personal information is accurate once logged in
  5. Click on the student’s name who has given you proxy access to an account
  6. Authorized pages will be listed
Step 6: Enroll in Direct Deposit-Non-Payroll

Students are encouraged to enroll in direct deposit so any potential financial aid and student account refunds can be delivered to you in the fastest, most secure manner. Direct deposits can be sent to any banking institution you choose, in a savings or checking account.

To enroll in Direct Deposit – Non-Payroll:

  1. Log into MySAIL using your NetID and password
  2. Select Sail from the Popular Services box
  3. Select Direct Deposit – Non-Payroll
  4. Follow the on page instructions to enter your account and routing numbers as well as the type of account and click Submit