In order for students to receive financial aid, they must meet certain eligibility requirements. Students must:
- Be a US citizen or an eligible noncitizen.
- Be fully admitted to MSU.
- Be accepted into a degree granting program.
- Be maintaining satisfactory progress toward completion of a course of study.
- Not be in default on any Federal Family Education Loan Program (FFELP).
- Not owe a repayment of any grants funds previously received.
- Students must be enrolled at least half-time in order to be eligible for student loans.
Enrollment Status
12 + credits Full-time
9 - 11 credits 3/4 time
6 - 8 credits 1/2 time
1 - 5 credits Less than 1/2 time
How to Apply
Students apply for financial aid by completing the FAFSA. FAFSA on the Web is a quick, easy format which provides results in seven to ten days.
Applicants who provide an email address when completing their FAFSA will receive a response email once their FAFSA has been processed. Included in this email is a secure link to their SAR (Student Aid Report). Applicants who do not provide an email address will be mailed a paper SAR. Applicants should check their SAR for errors and make corrections. The Financial Aid Office is also happy to assist with corrections.
After you have applied for admission and your financial aid package has been completed, you will receive an award notice from Minot State University. Your award notice will show your Expected Family Contribution (EFC) which is the amount you and your family are expected to contribute to the cost of your education. Your award notice also shows the types and amounts of aid you qualify for.
Transfer Students
How Funds are Disbursed