Eligibility / How to Apply
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.
12 + credits Full-time
9 - 11 credits 3/4 time
6 - 8 credits 1/2 time
1 - 5 credits Less than 1/2 time
Repeating courses may affect the student's eligibility for Title IV aid. (Ex: If a student repeats a previously passed course for a second time, those credits cannot be included in the student's enrollment status.) Title IV aid includes all federal programs.
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.
We encourage all students and parents who are eligible to use the IRS Data Retrieval Tool to do so when completing the FAFSA. If you are not able to use it at the time you completed your FAFSA because you recently filed your taxes, we recommend making corrections to your FAFSA and use the IRS Data Retrieval Tool when it becomes available, which is approximately 2-3 weeks. Follow these step by step instructions on how to use the IRS Data Retrieval Tool.
For Fall 2015, Spring 2016 and Summer 2016, choose the 2015-2016 FAFSA
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. MSU reserves the right to make adjustments to your award if additional information becomes available. Revised award notices will be sent to students who have had their award adjusted. Adjustments may be based on, but not limited to, the following:
- Changes resulting from verification
- Changes in enrollment status
- Other scholarships or grants received
- Tuition assistance
- Vocational Rehabilitation
- Bureau of Indian Affairs Grants
Federal Student Financial Aid Penalties for Drug Law Violations
Your eligibility for federal student aid (grants, loans or work-study) may be suspended if you were convicted for an offense involving the possession or sale of illegal drugs during a period of enrollment in which you received federal student aid. If you have been convicted of a drug offense, contact the MSU Financial Aid Office immediately and preview the FAFSA Drug Eligibility Worksheet.
If your eligibility for federal student aid has been suspended due to a drug conviction, you can regain eligibility early by successfully completing an approved drug rehabilitation program or by passing two unannounced drug tests administered by an approved drug rehabilitation program. If you regain eligibility during the award year, notify the MSU Financial Aid Office immediately so you can get any aid you’re eligible for.