Disbursement, Refund, & FAFSA Requirement Information

Beginning with the Fall 2016 semester, disbursement of federal/state aid and scholarships to eligible students will begin after the drop/add period, which is after the 5th day of classes.

  • For Fall 2016, the first set of refund checks (for students with credit balances after the disbursement of aid) should begin to be available beginning August 31, 2016. Disbursements and refund checks will be processed on a weekly basis thereafter for late awards and/or adjustments.
  • Students are encouraged to sign up for direct deposit in order to receive refund checks in a timely manner. Direct deposit signup is available via myGate/Money Tab/Student Refunds/Direct Deposit Signup.
  • In preparing for this change, students will be allowed to charge books to their student account at the Murray State University Bookstore. Students who live off campus may e-mail the Bursar at msu.bursar@murraystate.edu for an official letter, which can then be provided to landlords documenting the changes in the availability of refund checks.

An additional change includes the requirement of the completion of the Free Application of Federal Student Aid (FAFSA) for all undergraduate students receiving institutional aid.

 

Disbursement of federal/state aid and scholarships to eligible students will begin after the drop/add period, which is after the 5th day of classes.

  • For Spring 2017, refund checks (for students with credit balances after the disbursement of aid) should begin to be available beginning February 1st, 2017. Disbursements and refund checks will be processed on a weekly basis thereafter for late awards and/or adjustments.
  • Students are encouraged to sign up for direct deposit in order to receive refund checks in a timely manner. Direct deposit signup is available via myGate/Money Tab/Student Refunds/Direct Deposit Signup.
  • Murray State requires the completion of the Free Application for Federal Student Aid (FAFSA) for all undergraduate students receiving institutional aid.
  • The FAFSA can be completed at www.fafsa.gov. If the FAFSA is not completed, institutional aid will not be disbursed to the student's account.
  • If you have chosen to not submit or complete the FAFSA to be considered for institutional aid, please complete and send the Declination of Free Application for Federal Student Aid (FAFSA) Requirement form to the Financial Aid Office, using the contact information in the form.  
  • If you have additional questions, please contact us at msu.sfa@murraystate.edu.

All Financial Aid forms are located in the Forms (Financial Aid) category in the Service Catalog.

Details

Article ID: 92651
Created
Tue 11/19/19 8:31 AM
Modified
Tue 11/19/19 10:32 AM