Eligibility/How to Apply

Title IV School Code: 002993

The only way to know to be sure if you're eligible to receive financial aid—and the amount you may receive—is by filling out the Free Application for Federal Student Aid (FAFSA) 

2023-2024 FAFSA - complete for fall 2023, spring 2024, summer 2024

2024-2025 FAFSA* - complete for fall 2024, spring 2025, summer 2025
                                  * Available late December 2023

Federal Student Aid Estimator - Use this tool to see how much federal student aid you may be eligible for in the 2024-2025 academic year.

FAFSA Simplification and Changes to the 2024-2024 FAFSA
On December 27. 2020, the FAFSA Simplification Act was passed by congress.  This act represents a significant overhaul of the processes and systems used to award federal student aid starting with the 2024-2025 award year.  This law also makes it easier for students and families to complete and submit the Free Application for Federal Student Aid (FAFSA).

HOW TO PREPARE

  1. Create Your Federal Student Aid user ID & password - Available NOW!  Create a FAFSA account.  All participants with a Social Security Number (SSN) should create a Federal Student Aid (FSA) login so it will be ready to use in December.
  2. Stay Informed - Stay informed of the FAFSA release date and additional resources through the FSA website.
  3. FAFSA Opens - The 2024-2025 FAFSA will become available in DECEMBER.  All parent and spouse participants, with or without a SSN, can complete the FAFSA.
Eligibility:
In order for students to receive financial aid, they must meet certain eligibility requirements.  Students must:
  • Be a US citizen or an eligible noncitizen.
  • Have a valid Social Security Number.
  • Be fully admitted to Mayville State.
  • Be accepted into a degree-seeking program.
  • Maintain Satisfactory Academic Progress.
  • Not be in default on federal student loan(s).
  • Not owe a repayment of any grant funds previously received.
  • Students must be enrolled at least half-time in order to be eligible for federal student loans.
    • Undergraduate: half-time - 6 credits or more
    • Graduate: half-time - 5 credits or more

 

Helpful Video Shorts:

For more information on Federal Student Aid, our office encourages you to follow Federal Student Aid on whichever platform you're most comfortable with or learn from best (YouTube, Instagram, X, Facebook).  Here are some great information videos from YouTube.

What Is FAFSA?

What's Changed for the 2024-2025 FAFSA Form?

Who is a Contributor on the 2024-2025 FAFSA Form?

What Does it Mean to Provide Consent and Approval on the 2024-2025 FAFSA Form?

Why Do My Contributors and I Need Our Own StudentAid.gov Accounts for the 2024-25 FAFSA Form?

 

Applicants who provide an email address when completing their FAFSA will receive a response email once their FAFSA has been processed.  Included in this email is a secure link to their FAFSA Submission Summary (FSS, formerly the Student Aid Report or SAR).  Applicants who do not provide an email address will be mailed a paper FSS.  Applicants should check their FSS for errors and make corrections.  The Financial Aid Office can also assist with corrections.

After you have applied for admission and your financial aid has been completed, you will receive a financial aid offer from Mayville State.  Your offer will show your Student Aid Index (SAI, formerly the EFC or Expected Family Contribution).  Your financial aid offer also shows the total estimated Cost of Attendance, which is not your direct cost to the school but is the total fall/spring budget used by the Financial Aid Office.  Your financial aid offer will also show the types and amounts of aid you qualify for.

Mayville State reserves the right to make adjustments to your offer if additional information becomes available.  Revised offers will be emailed to students who have had their financial aid adjusted.  Adjustments may be based on, but not limited to, the following:

  • Changes resulting from verification
  • Changes in enrollment status
  • Other scholarships or grants received
  • Tuition Assistance
  • Vocational Rehabilitation
  • Other third party payments

Repeated Coursework

Per the federal regulations regarding repeat coursework, once you have completed a course with a passing grade, you may only take it one more time.  These regulations prevent the Financial Aid Office from paying for a course that has been passed and repeated more than one time.

For a repeated course to be counted towards your enrollment status for financial aid purposes, you may only repeat a previously passed course once (a total of two attempts). If you enroll in a previously repeated and passed course for a third time, this course will not count towards your enrollment for financial aid purposes.