• Financial Aid Deadlines
• Summer Session Financial Aid
• Minimum Credit Requirements
• Student Loans
• Confirming Your Attendance
• Refund Checks
• Satisfactory Academic Progress
• Short Term Loans
• Book Loans
• Financial Aid for Fall/Spring Semesters 2008-2009
• Student Financial Aid Status
• Contact Information

March 31, 2008      Priority date to submit MSU Summer Supplemental Application Form

June 30, 2008         Final date to submit MSU Summer Supplemental Application Form

June 30, 2008         Final date for 2007-2008 FAFSA to arrive at the federal processor

Applications for Summer Session financial aid will not be accepted after the final dates.

Applying for Summer Session 2008 financial aid requires two separate application processes:

1. You must complete a 2007-2008 Free Application for Federal Student Aid (FAFSA)
     and
2. You must complete an MSU Summer Supplemental Application Form

• Completing the Free Application for Federal Student Aid (FAFSA)
  Your completed 2007-2008 FAFSA must be received by the federal processor no later than June 30, 2008.  This is an absolute deadline.  Applications not received by the processor by June 30 will not be considered for summer funds.  If you applied for federal financial assistance for Fall 2007 or Spring 2008 semesters, you already have completed a 2007-2008 FAFSA.

  The FAFSA is available at the Office of Financial Aid Services, or can be submitted electronically by clicking on the link above.

• Completing the MSU Summer Supplemental Application Form
  If your FAFSA was received by the federal processor by June 30, 2008, you may apply for summer aid by completing the MSU Summer Supplemental Application.  The priority date for summer financial assistance is March 31, 2008.  Your Summer Supplemental Application will be reviewed only if information from your 2007-2008 FAFSA is available. The last day to apply for summer aid is June 30, 2008.  Requests for summer term financial aid will not be accepted after this date.

  Copies of the Summer Supplemental Application are available at the Office of Financial Aid Services, or by clicking on the link above.

• 6 credits       Required to receive any financial aid
• 6 credits       Required to receive 100% of your loan and 50% of your grant
• 12 credits     Required to receive 100% of all types of financial aid

Eligibility for a student loan is dependent upon the cost of summer attendance and the amount borrowed during the academic year.  You must be enrolled for a minimum of 6 credits to receive loan funds.  Loan proceeds will be applied to your University bill.

You must Confirm Your Attendance for Summer Session with the Student Accounts Office by the published deadline.  If you fail to do this, it will be assumed you are not attending Summer Session.  This will result in both your classes and your financial aid being cancelled.

Your University fee statement will reflect charges due for the semester.  Provided you meet all of the qualifications to receive financial aid funds, any scholarship, grant, or loan funds awarded to you will be automatically credited to your University student account to be applied to the amount due for the semester.  This includes allowable charges (current semester tuition, fees, other educational related charges, and institutional room and board) plus any prior term or non-educational charges assessed by the University.  If you do not want financial aid funds credited to your student account to be applied to prior term or other non-educational charges assessed by the University, please contact the Office of Financial Aid Services.  This must be done prior to financial aid being disbursed to you for the semester.  Work-study awards or private checks received by the University but payable to you will not be reflected as a credit on your fee bill.

If your financial aid exceeds your University charges you will be refunded (paid) the difference by the Student Accounts Office provided you meet all eligibility requirements.  Refund checks are generated and mailed by the Student Accounts Office as soon as possible after the start of summer classes.

The Student Accounts Office will release a refund check when the following requirements have been met:

1. You have completed and returned all required financial aid documents and promissory loan notes to the Office of Financial Aid Services
     and
2. You have Confirmed your Attendance at the Student Accounts Office

For questions regarding the amount of your refund or when your refund check will be mailed, contact:

Student Accounts Office
Room 102 Montana Hall
(406) 994-1991

You must meet the Satisfactory Academic Progress Policy standards in order to be eligible for financial assistance.  This policy is published and available at the Office of Financial Aid Services, or online by clicking on the link above.

This is a loan which permits a student, who may be experiencing temporary difficulties, to borrow small sums of money for a short period of time. No collateral is required for a short-term loan although the student must identify a reliable source of repayment and pay a $30 loan application fee. In addition, a student must have a cumulative grade-point average of 2.0 or better at MSU, be enrolled for at least six credits as a degree-seeking student, and have a satisfactory repayment record with respect to any previous loan(s) received.

The University reserves the right to reject or decline any application, to determine the amount and a date of repayment for any loan approved, and to require a guarantor. Applications and other information regarding the short-term loan program may be obtained from the Office of Financial Aid Services. Allow a minimum of seven (7) working days to process a short-term loan application which must be submitted at least one month prior to the end of the term.

This loan is designed to assist students with money to buy books at the MSU Bookstore before refund checks are distributed.  The Office of Financial Aid Services must verify that each student requesting a book loan has adequate funds, after University charges are paid, to cover the costs of the loan.  Funds borrowed are deposited to the student’s Cat Card no earlier than 10 days prior to the beginning of the term.  When the student’s financial aid is disbursed, it is applied to the book loan as well as to a non-refundable loan processing fee of $30.00.  This loan may be requested from the Office of Financial Aid Services.

You must complete the 2008-2009 Free Application for Federal Student Aid (FAFSA) in order to be considered for financial assistance for 2008 Fall Semester and/or 2009 Spring Semester.

The following deadlines apply:

Financial aid applications for Fall and Spring Semesters will not be accepted after the final dates.

Financial aid status of individual students is available online.  You can check your overall financial aid status including outstanding requirements and holds, Satisfactory Academic Progress, individual cost of attendance, award information, account summary information regarding charges and payments from the Student Accounts Office, and loan history information.  Links under MyInfo will take you to the online student information.

General Financial Aid information can found at www.montana.edu/wwwfa.

Office of Financial Aid
Room 135 Strand Union Building
Office hours 8:30 a.m.-4:30 p.m., Monday-Friday
(406) 994-2845, 8:00 a.m.-5:00 p.m., Monday-Friday
www.montana.edu/wwwfa

Return to regular view	Text-only	Updated: 3/3/08