Montana State University

Summer Financial Aid

Montana State University


If you have questions about your summer financial aid, please call the MSU Office of Financial Aid at (406) 994-2845.


Financial Aid Deadlines for Summer Session 2015

March 31, 2015      Priority date to submit MSU Summer Supplemental Application Form

June 30, 2015         Final date to submit MSU Summer Supplemental Application Form

June 30, 2015         Final date for 2014-2015 FAFSA to arrive at the federal processor

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


Summer Session Financial Aid

Applying for Summer Session 2015 financial aid requires two separate application processes:

  1. You must complete a 2014-2015 Free Application for Federal Student Aid (FAFSA).
  2. You must complete an MSU Summer Supplemental Application.
  • Completing the Free Application for Federal Student Aid (FAFSA)
    Your completed 2014-2015 FAFSA must be received by the federal processor no later than June 30, 2015.  This is an absolute deadline.  Applications received by the processor after June 30 will not be considered for summer funds.  If you applied for federal financial assistance for Fall 2014 or Spring 2015 semesters, you already have completed a 2014-2015 FAFSA.

    Complete the FAFSA electronically here.

  • Completing the MSU Summer Supplemental Application
    If your FAFSA was received by the federal processor by June 30, 2015, you may apply for summer aid by completing the MSU Summer Supplemental Application.  The priority date for summer financial assistance is March 31, 2015.  Your Summer Supplemental Application will be reviewed only if information from your 2014-2015 FAFSA is available. The last day to apply for summer aid is June 30, 2015.  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.


Minimum Credit Requirements for Summer Financial Aid

  • 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

Student Loans

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.


Confirming Your Bill

You must confirm your bill (pay fees) 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. Reinstatement of classes or financial aid will be based on availability at the time reinstatement is requested.


Refund Checks

Your University bill 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.

Work-Study awards or private checks received by the University but payable to you will not be reflected as a credit on your bill.

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

The Student Accounts Office will release a refund 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.
  2. You have confirmed your bill at the Student Accounts Office.

For questions regarding the amount and timing of your refund, contact:

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

Satisfactory Academic Progress

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.


Short Term Loans

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 two working days to process a short-term loan application.


Book Loans

This loan is designed to assist students with money to buy books at the MSU Bookstore before aid refunds 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 CatCard 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.


Financial Aid for Fall/Spring Semesters 2015-2016

You must complete the 2015-2016 Free Application for Federal Student Aid (FAFSA) in order to be considered for financial assistance for 2015 Fall Semester and/or 2016 Spring Semester.

The following deadlines apply:

March 1, 2015     Priority filing date for the 2015-2016 FAFSA
Nov. 15, 2015 Final filing date for 2015-2016 FAFSA for 2015 Fall Semester aid
March 31, 2016 Final filing date for 2015-2016 FAFSA for 2016 Spring Semester aid

Student Financial Aid Status

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

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


For More Information About Financial Aid, Contact:

Office of Financial Aid
Room 183 Strand Union Building
Office hours: 8:00 a.m.-5:00 p.m., Monday-Friday
(406) 994-2845
www.montana.edu/wwwfa

 

                                                                                                                                                                         Updated 9/9/14