Grants. Repayment is normally not required for the Federal Pell Grant, Federal Supplemental Educational Opportunity Grant (SEOG), or College Access Program Grant (CAP). To be considered for these grants, you must complete the FAFSA and the MSU Student Financial Aid Personal Data Sheet. Request forms from the Office of Enrollment Services or any high school guidance counselor.
- Federal Pell Grant. A federally-funded program; eligibility and amount are determined by a standard financial needs analysis formula.
- Federal SEOG. A federally-subsidized award based on need.
- CAP Grant. A state program based on need.
Work-Study Programs. The work-study programs provide work in a variety of offices and departments at the University.
- Federal Work-Study Program (FWSP). A federally-subsidized program based on need.
- Institutional Work-Study Program (IWSP). Sponsored by the University, this program is geared to students with specific skills, talents, or experience.
Loans. Loans must be repaid, and are available in differing amounts and under varying conditions. Types are Federal Perkins Loan, Federal Direct Loan, Federal Direct Plus Loan, and the Emergency Loan Fund.
- Federal Perkins Loan. A federally-subsidized program based on financial need and available funds.
- Federal Direct Stafford Loan. Allows students to borrow money directly through the institution. These loans may be need based (subsidized) or non-need based (unsubsidized). Students must be enrolled in at least six credit hours on the census date to receive Direct Loans.
- Federal Direct PLUS Loan. Allows parents and/or stepparents of dependent undergraduate students to borrow money from the institution for student educational expenses.
- Emergency Loan Fund. Administered by Financial Aid, this fund assists students in emergency situations. Students may borrow small amounts on a short-term, no-interest basis, depending on funds available. Apply in person to Financial Aid in the Office of Enrollment Services.
Entitlements. Entitlement programs include Veterans Administration Educational Assistance G. I. Bill and benefits for veterans' dependents, tuition waiver for dependents of Kentucky veterans, and Vocational Rehabilitation Assistance.
- Veterans Administration (V.A.) Educational Assistance. For eligible veterans (G. I. Bill) and/or eligible children, wives, and widows of veterans who died or were permanently and totally disabled as the result of service in U.S. Armed Forces (V.A. benefits program). Eligibility is determined by the V.A. For information and application forms, contact Veterans Administration Regional Office, P.O. Box 66830, St. Louis, MO 63166-6830, telephone (toll-free) 1-888-442-4551.
- Tuition Waiver for Dependents of Kentucky Veterans, Police Officers, Firefighters, or Volunteer Firefighters. The Commonwealth of Kentucky provides funds to institutions for the waiver of tuition for eligible dependents (children, spouses, widows) of totally disabled or deceased Kentucky war veterans, police officers, firefighters, or volunteer firefighters, who died or were permanently and totally disabled as a result of services in the U.S. Armed Forces, Kentucky Law Enforcement Agencies, as a firefighter, or volunteer firefighter. For information, call the Office of Financial Aid, telephone (606) 783-2000.
- Vocational Rehabilitation. For eligible individuals with physical or emotional disabilities. Eligibility is determined by the Vocational Rehabilitation Service in the student's community. Students already enrolled at the University should contact the Vocational Rehabilitation Office, 200-32 South, #4, Morehead, KY 40351, telephone (606) 783-1527.
- Army Reserve Officers' Training Corps Subsistence Allowance. For eligible individuals enrolled in advanced military science classes. Consists of a tax-free allowance of $300-$500 per school month. Contact the Professor of Military Science, MSU, 306 Button Auditorium, Morehead, KY 40351, telephone (606) 783-2050.
For additional information pertaining to all financial aid programs, visit our Web site at: www.moreheadstate.edu/finaid.