Applying For Aid
- Apply for Admission and Register for Classes
Usual Time Frame: Anytime -
- The FAFSA must be completed annually. It becomes available for the upcoming academic year (Fall/Spring) in October.
- Students are encouraged to apply sooner rather than later to ensure their financial
aid package is processed before school starts.
- Applications will be subject to available funds.
- FAFSA sent electronically to the colleges listed by the student
Usual Time Frame: 2 weeks- MSUB's school code: 002530
- Apply for scholarships
Usual Time Frame: Feb 1 – priority date - MSUB requests additional information or documents needed to review file:
Usual Time Frame: 1-2 weeks- Submit requested documentation as soon as possible
- File goes to REVIEW status and financial aid counselor determines eligibility.
Usual Time Frame: 2-4 weeks- Longer time frames may occur for documents submitted during peak times (July, August & September)
- Offer Letter sent to student at mailing address in Banner.
Usual Time Frame: 1-6 days
NOTE: The time estimates listed above require that the school receive a VALID FAFSA. If the school receives a REJECTED FAFSA, the student is responsible for resolving any omissions or errors. The college does not know which students are selected for verification until we receive a valid FAFSA. At that point we will send the student notification of the verification process.
Receiving Aid
- Student signs, accepts and/or declines offer letter in under the Financial Aid tab.
Usual Time Frame: 1-30 days- Scholarships and grants will be in a default "accepted" status
- Students who accept a loan must complete/sign the and .
Usual Time Frame: 1-2 weeks (starting June 1) - The amount you accept will be split evenly between Fall and Spring semester
- Be sure to click Submit once you've selected your loan amount.
- Terms and Conditions will pop up. Completing this will accept your offer and apply it to your bill.
- Accept charges / Confirm Attendance (bill) with the Business Office prior to semester.
Usual Time Frame: 2 weeks- Aid credits to student's business office account
- All students are required to have health insurance, so you may see a charge for Student
Health Insurance on your bill, as all students are in a default opt-in status.
- If you have your own health insurance, you can waive this charge.
- Bills are available in your under the Billing & Payment tab.
- If financial aid is not able to cover the entire cost, you will need to set up a payment plan to be confirmed in your classes.
- Aid in excess of school charges are sent as refund check or direct deposit to student
Usual Time Frame: 2-6 days- To elect to use Direct Deposit – log into your and navigate to the Billings & Payment tab where you should have access to QuikPay. In there will be where you can manage your refunds and what account it goes into.