Michigan Students Can Win $50,000 For Completing FAFSA

Going to college is one of the most expensive things that someone will do in their lifetime, only raising a kid and buying a house are considered to be bigger purchases. No matter how you cut the cake, a college education will cost you hundreds of thousands of dollars and unless you're swimming in money, that's going to be tough to finance.

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Student loans have been helpful to students for decades now as it allows them to borrow the money from the federal and state governments to help pay for school. Of course, this leads to some debt down the line and trouble advancing in life but most of that works itself out. Student loans and other funding resources can be accessed by filling out the Free Application for Federal Student Aid (FAFSA).

The State of Michigan is looking for ways to help students out by encouraging them to fill out the FAFSA. Michigan officials have started the "Ticket to Tuition" giveaway which will give students a chance to win $50,000 just for completing the FAFSA. The Michigan Department of Lifelong Education, Advancement and Potential partnered with the Michigan College Access Network for the giveaway.

Michigan Giveaway Gives Students A Chance To Win $50,000 For Completing FAFSA

In late May, 10 students the chance to win $50,000 and 40 students a chance at $10,000 through the Michigan Sweepstakes. The deadline to enter the sweepstakes in May 16th and the contest is open to legal U.S. residents living in Michigan who complete the FAFSA form for the first-time to use during the 2025-26 school year and are attending an institution inside or outside of Michigan.

The prize money is already set aside in the current state budget approved in the last legislative session. This is a one-time payment, and lawmakers have not decided on if they will set aside funds to run the sweepstakes again next year. The money will be held in a Michigan Education Savings Program account for winning students to use to pay for a range of education expenses, including tuition, textbooks and room and board.

How To Enter The Michigan Sweepstakes:

Michigan students and parents must create an account on studentaid.gov to fill out the FAFSA form and then the student must text "CASH" to 855-50K-TICKET or 855-505-8425. Students who have already completed their FAFSA form can also participate by sending the text message. Students can also mail an entry form available at tickettotuition.com and send it to: Ticket to Tuition Entry, c/o Güd Marketing, 1223 Turner St., Suite 101, Lansing, MI 48906.