Financial Aid Steps OverviewPage address: https://www.mnsu.edu/campushub/startwithfafsa/fafsasteps/
Apply for admission to the Minnesota State Mankato
Apply for FAFSA
Each year, beginning on January 1st you can apply for the next academic year. March 15th is the priority processing date.
Student Aid Report
The federal government sends you a Student Aid Report. It shows your Estimated Family Contribution (EFC), as determined by FAFSA analysis.You will receive via email your Student Aid Report from the Federal government a few weeks after FAFSA application is submitted.
Financial Aid Status
Check your Financial Aid Status.
An email is sent from Student Financial Services (email@example.com) to the student when eligibility for financial aid awards has been determined. The student is given instructions on viewing the award information on Student eServices; the student will also be guided through the response process to indicate his/her decisions to accept, reduce, or decline certain aid types.
Student Response to Awards
Grants and scholarships will not require acceptance; access to work-study and student loan funds requires that certain steps be completed. You must also notify the Student Financial Services of any scholarship or other educational funds you will receive from external sources if they are not listed.
Minneosota State Mankato utilizes direct deposit to reduce costs to the student and university and for speedy delivery of funds. Verify or signup for Direct Deposit (for any overage of financial aid)
Disbursement of Financial Aid
Tuition and Fees, Room and Board are first paid to the University with your financial aid award. If the financial aid processed exceeds your University charges, it will be disbursed to you via direct deposit. Aid is processed throughout the semester and overage payments are disbursed beginning on the 10th class day. Email notifications will be sent to you regarding your disbursement amounts - indicating a "Payment to Student".
Certain financial and life circumstances may change your financial aid after you have applied for financial aid.
The Budget Adjustment Request process reviews certain costs students may incur which are either not covered or exceed the amounts covered in the financial aid cost of attendance.
Contact the Campus Hub for Help
Centennial Student Union 117