Graduate Student Applying for Financial Aid
Financial Aid Application Process for Graduate Students
- Complete the Free Application for Federal Student Aid (FAFSA).
- Submit Free Application for Federal Student Aid (FAFSA) as soon as possible beginning October 1, 2022 for the 2023-2024 academic year and December 2023 for the 2024-2025 academic year. The MSUM School Code is 002367.
- The FAFSA is based on the previous year's income. Use the IRS Data Retrieval Tool to transfer tax information to the FAFSA.
- Graduate students are independent for financial aid purposes and not required to provide parental data on the FAFSA.
- Complete your admission as a degree-seeking graduate student or a continuing graduate student in good academic standing at MSUM.
- Submit additional information or documentation when requested.
- Awards are based on full-time enrollment (8 credits) in graduate-level courses. Awards are reduced if enrollment is less than 8 credits.
- A minimum of 6 graduate credits is required for campus work study or loans.
- If your financial situation changes, notify the Office of Scholarship and Financial Aid to request a review of your file.
- If you are already repaying a student loan, check with your lender(s) regarding “in-school” deferment of loan payments. MSUM automatically provides enrollment data to all guarantee agencies to enable lenders to determine deferment eligibility.