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Financial Aid

This can be done two ways:

• File online

or

• Submit the paper application, available at MSU or through your high school guidance counselor.

List Mayville State University (Title IV code 002993) on your FAFSA.

3. In 2-4 weeks after submitting the FAFSA, you and Mayville State will receive your Student Aid Report, which determines your eligibility for financial aid.

4. Once you have applied for admission and Mayville State has your Student Aid Report, an award letter detailing the financial aid programs you are eligible to receive will be mailed to you.

5. MSU will notify you if additional documentation is needed to determine your financial aid eligibility.

6. If you have questions about the process, available aid, your award letter, additional options, or if you do not receive an award letter, contact the Office of Financial Aid at (701) 788-4767 or 1-800-437-4104 ext. 34767.

Note: For priority consideration for Federal Work Study, Federal SEOG, Federal Perkins Loans and the North Dakota State Grant, the FAFSA should be processed by March 15. This means you should mail the paper application by February 15 or complete the online form by March 1. Depending on availability of funds, applicants after March 15 may only be eligible for Federal Pell Grants, Federal Stafford Loans and other Federal Family Educational Loans.

Mayville State University is dedicated to assisting all students to the fullest extent possible under federal regulations. Financial aid is supplementary to the financial resources of you and your family. Your university expenses will include tuition, fees, room, board, books and supplies, transportation, clothing, recreation, and other personal expenses. In determining the type and the amount of financial assistance necessary to meet your financial requirements, Mayville State University first expects you and your parents to make a maximum effort to assist you with educational expenses.

Your financial aid will be determined by subtracting the parent's contribution, your contribution, and other available resources from the budget. Income, assets, fixed costs, family living costs, unusual expenses, housekeeping expenses are all used in determining financial need, and these items vary from year to year. A student must re-apply each year for financial assistance.

The federal government requires each post-secondary institution participating in financial aid programs to utilize a uniform and systematic evaluation of financial need of all applicants for aid. Programs at Mayville State University requiring a need analysis are: Federal Pell Grants, Federal SEOG, Federal Perkins Loan, Federal Work-Study, Federal Stafford Loans, and Federal Unsubsidized Stafford loans. As a matter of policy, Mayville State also recommends a need analysis for the Federal Parents Loan for Undergraduate Students (PLUS).

Since funds are limited, aid is usually awarded in the order that files are completed. Financial aid packages will generally be made from a variety of sources. Financial aid awards may be adjusted based on the availability of funds.

Title IV aid is considered to be: Federal Pell Grant, Federal Stafford Loans, Federal College Work-Study, Federal Perkins Loans, Federal Supplemental Educational Opportunity Grants, State Student Incentive Grants, Federal Unsubsidized Loans, Federal Parent Loans for Undergraduate Students (PLUS), the Income Contingent Loans, the Paul Douglas Teacher Scholarship, and the Robert C. Byrd Scholarship.