Financial Aid

 

Financial Aid Renewal

Financial aid is not automatically renewed unless the program specifically states that you do not have to reapply. All Federal financial aid programs require recipients to reapply each year. Even if you reapply each year, you may not receive the same program or the same dollar amount of funds awarded the previous year. If you have a question concerning whether your financial assistance requires you to reapply each year, you should contact the administrator of the program.

Federal Aid:

If you applied for Federal financial aid last year, you should receive a Renewal Application. If you have moved, changed dependency status or filed after January you may not use the renewal application you receive.

What is a Renewal Application?

A Renewal Application is a form similar to the Student Aid Report and is sent to you by the Department of Education' Central Processing System. The form reflects your previous year data that you can update with current information and use as an application for federal aid. If you have filed your FAFSA or Renewal FAFSA on the Web, you will receive an Electronic Access Code.

When will I receive the form?

You should receive the renewal application form at the address you applied the previous year between December 1 and January 30. If you do not receive the form by February 1 you should complete either a paper FAFSA or go to the FAFSA on the Web at www.FAFSA.ed.gov/.

Do I have to fill out the Renewal Application?

No! If you want federal aid for the next academic year you must complete either the paper application or the FAFSA on the Web.

State Aid:

Most Missouri State programs require the recipient to reapply each year. If you have a special program such as the Bright Flight Scholarship Program, you must meet specific requirements to retain the scholarship. If there is any doubt about the funding you are receiving you should contact the Administrator of the program.

Institutional Aid:

Fortunately, the majority of financial aid at Missouri Southern is automatically renewable. Each program has a specific criteria to meet to retain these awards. Students failing to meet the criteria may appeal the loss of their awards. However, Patron scholarships require recipients to reapply each year. Forms are available in the Financial Aid Office and at our Home page web site.

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