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MSU Home :: Financial Aid Home

The purpose of financial aid is to help students and families meet educational expenses that cannot be met through their own resources.Financial aid can be either need-based or non-need-based. The results of the Free Application for Federal Student Aid (FAFSA) along with the cost-of-education will determine whether or not a student has financial need. 

 

Important Information: 

 

New for 2012-2013:

 
  • A Personal Data Sheet (PDS) will not be required for beginning for Fall 2012. 
  • Pell eligibility is now limited to 12 semesters.
  • Students must now have and maintain a 2.0 GPA by the end of their fourth semester.
  • Effective July 1, 2012, graduate students will no longer be eligible for subsidized loans. This is due to a new federal regulation and will be effective for an loan for Summer II 2012 and beyond. This means that a graduate student's loans will accrue interest from the date of the disbursement, even while the student is enrolled. The Federal Government will no longer pay the interest for graduate students even while they are in school. 
 
 

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