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You are invited to learn information about how to qualify for Public Service Loan Forgiveness by working full-time for a non-profit or government organization. This is for full-time employees (any position) who work full-time at MSSU or any student who is interested in working in a non-profit or government organization that has Federal Stafford Loans. The Lunch and Learn is sponsored by the MSSU Financial Aid Office – Default Prevention. It will be Monday, April 29th at noon in BSC 309. Lunch will be provided. Please email your RSVP to: DefaultPrevention@mssu.edu by Wednesday, April 24th.
Beginning Fall 2012 the policy for renewal of your Academic Scholarship (Presidential, Excellence, A+ Leadership, Midwest Student Exchange, and all Transfer Scholarships) has changed. The renewal criteria is now completion of 24 credit hours for the Fall and Spring semesters combined with a 3.0 Overall/Cumulative GPA at the end of the Spring semester. However, if you do not complete any credit hours for the Fall semester - you will lose the scholarship for the Spring semester. If Spring is your first semester, you must complete at least 12 credit hours with at least a 3.0 Overall/Cumulative GPA. If you have any questions, contact the Scholarship Office at 417-625-3161.
Student FAFSAs that have been selected for Verification by the Dept. of Education will no longer be able to provide copies of their tax returns to meet the verification requirement. They will have to submit a verification worksheet (like before) AND do one of the following:
Congress extended the fixed interest rate of 3.4 percent for new subsidized Stafford loans issued on or after July 1, 2012. This rate was scheduled to rise to 6.8 percent, but Congress took last-minute action to extend the lower rate for one more year.
Please contact the MSSU Financial Aid Office if you have questions about these changes.