Welcome to the Office of Financial Aid
At Mississippi Valley State University we are committed to assisting students and their families in meeting the cost of a college education. Our goal is to ensure there are no financial barriers within our control that prevent you from earning a degree from Mississippi Valley State University. The Financial Aid Office strives to provide personalized service to our students and their families to answer questions about financing your education.
Many MVSU students receive some sort of financial aid to help pay for tuition, room, board, books, and other costs (living expenses, transportation, and personals costs) associated with college. We encourage all students to apply for federal aid today at www.fafsa.gov.
MVSU NEW FAFSA HELPLINE
Does the FAFSA have you confused, first name? We have good news! MVSU has partnered with Trellis, a non-profit company, to help you with your FAFSA questions. Counselors are available to answer your questions M - TH, 8:00a to 6:00p and F, 8:00a to 5:00p CST. Call 1-877-845-9883 for assistance.
Fax: 662-254-7900
Important Note: The amount of Federal Pell Grant funds a student may receive over his or her lifetime is limited by a federal law to be 600 percent. If a student's lifetime eligibility used (LEU) equals or exceeds 600 percent, the student may no longer receive Pell Grant funding. Students can log on to www.nslds.ed.gov to view their Pell Grant LEU.
To be eligible for the additional Pell Grant funds, the student must meet all general eligibility requirements to receive financial aid for the payment period and must be enrolled at least half time in the payment period for which the student receives the additional Pell Grant funds in excess of 100 percent of the student’s Pell Grant Scheduled Award.
Mississippi Valley State University will review student records in the spring semester to determine eligibility for a Summer Pell Award. Summer awards will be based on half-time enrollment (6 or more credit hours) and award amounts will be adjusted or canceled once enrollment is confirmed and academic progress is reviewed.
Please review the following examples to help with determining eligibility for an additional Pell Grant award.
Scenario 1 |
Fall 2022 |
Spring 2023 |
Summer 2023 Mini Session I |
Summer 2023 Mini Session II |
Enrollment |
12 hours |
12 hours |
6 hours |
6 hours |
Pell Award |
$3,423 (50%) |
$3,422 (50%) |
(25%) |
$3,423 (25%) |
Scenario 2 |
Fall 2022 |
Spring 2023 |
Summer 2023 Mini Session I |
Summer 2023 Mini Session II |
Enrollment |
12 hours |
12 hours |
6 hours |
3 hours |
Pell Award |
$3,423 (50%) |
$3,422 (50%) |
(25%) |
$2,568 (12.5%) |
Please be aware that during the Summer 2023 students must register for a minimum of 6 credit hours for the entire Summer semester (if you are intending on taking courses during both sessions) prior to MVSU Summer census date. This date will be publicized shortly after Summer 2023 registration begins.
THE 2023-2024 FAFSA PRIORITY DATES
FASFA AVAILABILITY |
MVSU FASFA DEADLINE |
October 1, 2022 |
December 31, 2022 |
.
FAFSA TIPS
- Retrieve your FSA ID for yourself and your parents will need to do the same for their FSA ID. (dependent students)
- The FSA ID is your electronic signature for your FAFSA
- You may use the IRS Data Retrieval Tool while completing your FAFSA to automatically import you and or your parents tax information onto your FAFSA form.
Find more information and/or help:
Completing the FAFSA Form Tips and Information at StudentAid.gov; help at 1-.800-4.FED-AID or 1-800.-433-3243.
Consumer Information: The FY 2017 national cohort default rate is 9.7% via the National Student Loan Data System professional access website (NSLDS).. Mississippi Valley State University's FY 2018 draft cohort default rate is 23.1% via National Student Loan Data System professional access website (NSLDS). The average percentage of student loan borrowers during the FY 2017 year was 67.2% of the total published enrollment of 2385 students.
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