Office of Financial Aid Services
Room 183 Strand Union Building
Summer Session Financial Aid
Applying for Summer Session 2018 financial aid requires two separate application processes:
- You must complete a 2017-2018 Free Application for Federal Student Aid (FAFSA).
- You must complete a MSU Summer Supplemental Application.
Completing the Free Application for Federal Student Aid (FAFSA)
Your completed 2017-2018 FAFSA must be received by the federal processor no later than June 30, 2017. This is an absolute deadline for federal student loans. Applications received by the processor after June 30 will not be considered for summer loans. If you applied for federal financial assistance for Fall 2017 or Spring 2018 semesters, you have already completed a 2017-2018 FAFSA. Please review MyInfo for any outstanding requirements. Complete the FAFSA electronically at www.fafsa.ed.gov.
Completing the MSU Summer Supplemental Application
With a completed FAFSA for 2017-2018, you may apply for summer aid by completing the MSU Summer Supplemental Application. A completed 2018-2019 FAFSA is also recommended but not required. Complete the 2018-2019 FAFSA electronically at www.fafsa.ed.gov if you have not already done so. The last day to apply for summer aid is June 30, 2018. Requests for summer term financial aid may not be accepted after this date.
The Summer Supplemental Application is available by clicking on the Forms link on the Financial Aid Services Web site at www.montana.edu/wwwfa. Please also review the MSU Summer webpage for more information as the summer course format has changed, http://www.montana.edu/bobcat4x4/.
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|
Federal 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.
Federal Pell Grant
Eligibility for the Pell Grant will be based on your enrollment level across all summer sessions. Students attending at least half-time will have their eligibility based on either the 2017-2018 or the 2018-2019 FAFSA. Please turn in both for maximum consideration. Awarding will be made based on the best award. If you are approaching graduation, attending Fall 2018 or Spring 2019 only or approaching your lifetime limit, please stop by the office to discuss options.
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.
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.
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:
- You have completed and returned all required financial aid documents and loan promissory notes to the appropriate offices.
- 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. extension 3
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 at www.montana.edu/wwwfa/. Spring 2018 academic progress can impact summer aid eligibility.
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. 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.
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 (financial aid), 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. Once the student’s financial aid is disbursed, it is applied to outstanding charges including the book loan (and the non-refundable loan processing fee of $20.00). This loan may be requested from the Office of Financial Aid Services.
Financial Aid for Fall/Spring Semesters 2018-2019
You must complete the 2018-2019 Free Application for Federal Student Aid (FAFSA) in order to be considered for financial assistance for 2018 Fall Semester and/or 2019 Spring Semester.
The following dates apply:
|December 1, 2017||Priority filing date for 2018-2019 FAFSA.|
|November 15, 2018||Final filing date for 2018-2019 FAFSA for 2018 Fall Semester aid|
|March 31, 2019||Final filing date for 2018-2019 FAFSA for 2019 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. The Internet address is www.montana.edu (MSU Home Page). Links under MyInfo will take you to the online student information system.
General Financial Aid Information
General information pertaining to financial aid may be obtained online at www.montana.edu/wwwfa or by calling Financial Aid Services at (406) 994-2845.
Financial Aid Deadlines for Summer Session 2018
|March 31, 2018||Priority date to submit MSU Summer Supplemental Application Form|
|June 30, 2018||Final date: FAFSA for 2017-2018 must be received by the federal processor|
|July 15, 2018||Last date to apply for summer financial aid, submit the summer supplement|
Applications for Summer Session financial aid will not be accepted after the final date.