Scholarship GPA criterion is based on a 4.0 scale. Weekly Financial Aid Sessions. (816) 271-5879 fax Student Financial Responsibility Statement. More information. Documentation Required to Complete Verification. Only the amount of actual purchases will be deducted from the student’s pending financial aid. A student who fails to meet satisfactory academic progress standards will lose eligibility for federal financial assistance the following semester. Students who are eligible for credit balance refunds are encouraged to sign up for direct deposit on Goldlink. Please refer to Missouri Western’s Satisfactory Academic Progress Policy for information regarding the student’s right to appeal. If the Executive Scholarship Committee approves the appeal, the scholarship award will be prorated based upon the student’s enrollment. Send financial aid documents to WSU. We offer virtual services â 9 AM to 3 PM, Monday through Friday (Tuesdayâs 10am â 3pm). Financial assistance may be prorated or cancelled if the student is enrolled in less than 12 credit hours at the end of the official add/drop period (see program specific requirements). Federal Financial Aid regulations indicate that an individual who does not automatically qualify as an independent student for FAFSA purposes may be reclassified as independent if a financial aid administrator makes a documented determination of independence by reason of unusual circumstances. It is the student’s responsibility to notify the Financial Aid Office when there is a change in enrollment status, or if there is a change in family, or financial situation that may affect eligibility to receive financial assistance. Students who are enrolled at more than one college or university at the same time may receive financial aid from only one of the institutions. the student’s current circumstances and reason for appeal; the student’s current living arrangements, particularly how often (summers, weekends, etc.) In addition, the Financial Aid Office may verify discretionary items. Students who are granted a one (1) semester probationary period will be required to adhere to an academic plan that, if followed, will ensure the student will complete his or her degree program within the maximum timeframe. A student seeking a first bachelor’s degree, who has attempted greater than 134 hours (60 attempted hours for associate’s degree seeking students), will be required to submit a letter of appeal to the Satisfactory Academic Progress Committee. Financial aid funds will be released to student accounts in two equal disbursements and will first be applied to outstanding charges for tuition, fees, room, board and other eligible University expenses. In fact, recent studies show that MSU graduates rank near the top in first-year earnings. Glendale, Arizona Campus. Additional documents and forms may be required depending upon the individual student, spouse or parent information provided. As a general rule, a student on an academic plan will be required to successfully complete all attempted courses with a grade of C or higher and not audit or withdraw from any course. Types of government financial aid intended to stimulate the economy are called _____. Failure to receive notification does not dispute or reverse the termination of a student’s eligibility to receive financial assistance. The Title IV programs that are governed by this law are the Federal Pell Grant, TEACH Grant, Direct Loan, PLUS Loan and Federal Supplemental Educational Opportunity Grants (FSEOG). Conflict of Interest Policy ); and. A copy of the most recent federal tax return for the student and spouse (if applicable). There may be Title IV funds that cannot be disbursed once a student withdraws because of other eligibility requirements. The maximum amount of a grant overpayment that the student must repay is half of the grant funds he or she received or was scheduled to receive. Audited classes and most continuing education classes do not count toward a degree or certificate, and may not be used in calculating eligibility for financial aid. The warning semester must occur during the student’s next period of enrollment – fall, spring or summer. The combined total of Missouri Western and Foundation scholarships may not exceed the recipient’s actual charges for tuition and related fees, course-related fees, admissions fees, campus housing and meal plan costs. We are continuing to monitor the COViD-19 situation. Contracting Arrangements Pace is calculated by dividing the cumulative number of hours successfully completed by the cumulative number of hours attempted. Contact Information: Office of Financial Aid (816) 271-4361, or online at dhe.mo.gov Private Donor While Missouri Western is pleased to notify our students of scholarships offered by private donors, we ask that you exercise caution. Students are encouraged to activate these accounts as soon as possible after receiving access instructions. The student must make arrangements with the Missouri Western Business Office to return unearned grant funds. missouriwestern.edu/finaid/contact/, www.missouriwestern.edu/businessoffice/banking-relationship-disclosures/, https://intranet.missouriwestern.edu/registrar/withdrawal/, Total Enrollment (Degree Seeking Students), Average Scholarships/Grants Per Recipient, Total Students Eligible for Full Pell (0 EFC) /Avg Award971, Total FT Students (Full Year) Receiving Full Pell/Award, Public Service Employee’s Survivor Grants, Missouri Minority Teacher Education Scholarship, Total Private Scholarships / Grants (Number of Awards)637, Institutional Employment (Non-Need Based). the student satisfactorily completes a drug rehabilitation program that: complies with the criteria prescribed in the federal regulations; and, the student successfully passes two unannounced drug tests conducted by a drug rehabilitation program that complies with the criteria prescribed in the federal regulations; or. It is mandatory that all registered students agree to the SFRA each semester before registering for classes. The student will also be responsible for any Title IV program funds that Missouri Western was required to return on his or her behalf. Financial Aid has a... 4. If the student did not receive all of the assistance that was earned, a post-withdrawal disbursement may be due. The University will not publish a preferred lender list that gives any lender an advantage in securing student loans from University students. Financial aid awards may be reduced or cancelled if aid received from ALL sources causes the student to exceed unmet need or cost of attendance or if the student does not meet eligibility criteria. If it is determined that the student cannot complete degree requirements within the maximum timeframe outlined in Missouri Western’s Satisfactory Academic Progress Policy, he or she will become ineligible for federal financial assistance. Satisfactory Academic Progress Appeal Process. Once a student has completed more than 60% of the semester, he or she has earned all scheduled assistance for the period. Repeating coursework can affect a student’s satisfactory academic progress status in the following manner: the repeated course and the original attempt will be counted in the calculation of overall attempted hours; and the most recent grade received for the course will be included in the calculation of GPA. However, the other school’s decision may be a factor in the determination. A student in his or her final year of study may be allowed to enroll on a part-time basis. The maximum timeframe allowed for completion of a degree program should not exceed 150% of the published length of the program measured in hours attempted.If it is determined that a student cannot complete his or her program of study within this timeframe, he or she will become ineligible for federal financial assistance. Financial Aid Login Help; New Student; Sign In. Eder Hall 103 Most Minnesota State Mankato students depend on federal, state and/or private funding assistance to finance their college education. Students are responsible for monitoring their status online through Goldlink and for ALL communications sent to their Missouri Western email account. Financial Aid will definitely be in the portal. Our mission is to enable you to successfully complete a university education regardless of your financial background. If the Executive Scholarship Committee deems it appropriate to approve the appeal due to circumstances beyond the student’s control, the scholarship award will be prorated based upon the student’s enrollment at Missouri Western. Federal financial assistance consists of the Federal Pell Grant, Federal Work-Study, Federal Stafford Loans, Federal Parent Loans, Federal SEOG, and Federal TEACH Grant. These funds â from private, institutional, state and federal sources â are coordinated to meet your individual financial need, performâ¦ Revenue Sharing Otherwise eligible undergraduate students who have already received a bachelor’s degree may only receive loan funds while pursuing an additional major or bachelor’s degree. Only Missouri Western State University credit hours will be included when determining a student’s enrollment status for Missouri Western scholarships. Our Financial Aid Team strives to keep students informed of current government regulations, to foster open communication between staff and students and maintain positive customer service. Financial Aid Information at MWSU. As a general rule, financial aid notices will not be sent by postal mail. If a student is scheduled to receive more financial assistance than his or her current charges, Missouri Western will notify the campus bookstore of the student’s eligibility to apply up to $750 of pending financial assistance to purchase required books and supplies. The average financial aid amount is $7,476. Students graduating in December should be aware that loan funds must be issued in two disbursements – the first during the third week of class and the second at the midpoint of the semester. Appeals should include the following documentation: Examples of documentation supporting the extenuating circumstance include: medical documentation; notice of death; accident reports; court documentation; or other relevant documentation. A. loans B. grants C. subsidies D. distributions The University determines the number of scholarships awarded each year by scholarship category. Scholarships may be awarded after July 1st on a competitive basis if funding is available. It may be in the student’s best interest to allow Missouri Western to keep the funds to reduce debt with the institution. the student is not claimed by a parent as a federal income tax exemption. Federal regulations specify how Missouri Western must determine the amount of Title IV program assistance that a student has earned if he or she officially withdraws or stops attending. This is the preferred method for refunds. The University shall not request or accept from a lender or guarantor any offer of funds to be used for private education loans, including funds for an opportunity pool loan, to students in exchange for providing concessions or promises regarding providing the lender with (a) a specified number of loans made, insured, or guaranteed, (b) a specified loan volume of such loans, or (c) a preferred lender arrangement for such loans. 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