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 enrolled and fully 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 7 to 14 days faster than using the paper application. Paper applications are available in the Financial Aid Office.

Within two to six weeks you will receive a Student Air Report (SAR) by mail. This information will also be electronically transferred to Minot State University. Once you have received your SAR check it over for any corrections. If corrections are needed, contact the Financial Aid Office and we will make the corrections for you.

After you have applied for admission and your financial aid package has been completed, you will receive an Award Letter from Minot State University. Your award letter 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.

Transfer Students
How Funds are Disbursed