Financial Aid

Table of Contents

FAFSA Online

Aid Types

Scholarships

Grants

Loans

Entrance/exit couseling for loans

Default Prevention

Student Employment

How to apply for aid

How to renew aid

Glossary of Terms

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, keep in mind you may not receive aid from the same programs or the same dollar amount of funds awarded in previous years.  All federal aid is awarded on first-come, first-serve basis, so it is important to apply as early as possible to ensure maximum financial assistance. 

Federal Aid:

If you applied for Federal financial aid last year, you should receive a Renewal Application through e-mail. 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's 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 e-mail address you utilized in the previous year between December 1 and January 30. If you do not receive the form by February 1 you should complete 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 can either complete the renewal if it is sent to you or the FAFSA on the Web at the FAFSA website.

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 institutional 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. Keep in mind, however, that Patron scholarships require recipients to reapply each year. Forms are available in the Financial Aid Office as well as on our website.