News from Financial Aid & Scholarships

By MTSU Parent and Family Association

File Your 2017–2018 FAFSA

Students can now complete the FAFSA (Free Application for Federal Student Aid)! To file the 2017–2018 FAFSA, go to www.fafsa.gov. MTSU’s federal school code is 003510.

The FAFSA is used to determine the student’s financial aid eligibility for Fall 2017 through Summer 2018 for various federal, state, and institutional programs. We recommend that students with financial need file the FAFSA as early as possible, due to the limited funding availability in some aid programs.

If this is the first time you and/or parents or spouse (if applicable) will be completing a FAFSA, then you and/or parents or spouse (if applicable) should apply for a Federal Student Aid (FSA) ID at studentaid.ed.gov/sa/fafsa/filling-out/fsaid. The FSA ID is used to login to certain federal websites to access financial aid information and to electronically sign federal student aid documents such as the FAFSA. If you already have an FSA ID, there is no need to apply for a new one. If your name has changed, you will need to edit your FSA ID information.

 Notification of Freshman Scholarship Offers for Fall 2017 – Spring 2018

The Admissions Office has sent out Freshman Scholarship Offer notification letters and award certificates to those incoming freshman who had completed the Admissions/Scholarship process by the December 1st deadline. Students have until May 1st, 2017 to accept the scholarship for the upcoming Fall 2017 – Spring 2018 academic year.

Notification of Transfer Scholarship Offers for Fall 2017 – Spring 2018

The Admissions Office has sent out Transfer Scholarship Offer notification letters and award certificates to those incoming transfers who had completed the Admissions/Scholarship process by the February 15th deadline. Students have until June 1st, 2017 to accept the scholarship for the upcoming Fall 2017 – Spring 2018 academic year.

Notification of Competitive Scholarship Offers for Fall 2017 – Spring 2018

The Financial Aid & Scholarship Office has sent out Competitive Scholarship Offer notification letters to those eligible students who completed the 2017-2018 General Scholarship application by the February 15th deadline AND were awarded a competitive scholarship. Students have until June 1st, 2017 to accept the scholarship for the upcoming Fall 2017 – Spring 2018 academic year.

Students who completed the 2017-2018 General Scholarship application by the February 15th deadline BUT were not offered a competitive scholarship will receive an email indicating they were not selected to receive a scholarship.

The 2018-2019 General Scholarship application will open up on October 1st, 2017 for students to complete to apply for scholarships to be awarded during the Fall 2018 – Spring 2019 academic year. Any 2018-2019 General Scholarship applications completed prior to the October 1st opening date will not be considered.

Staying Eligible for Financial Aid

A student who is receiving financial aid from MTSU, such as grants, loans, and most types of scholarships, must meet the Satisfactory Academic Progress (SAP) requirements:

• GPA: Your GPA must meet the minimum requirements established by MTSU, as indicated in the Undergraduate and Graduate online catalogs.
• Completion Rate: You must pass at least 67% of your attempted hours. Failure to meet this requirement will result in a financial aid warning, followed by suspension and the loss of financial aid eligibility for one or more semesters.
• Time Limits: You may attempt up to 150% of the hours required for your degree program. Generally, this means that you will not receive aid after you have attempted 180 hours.

Notification: You can view your SAP status in the financial aid section of RaiderNet.

Important Lottery Scholarship Reminders

Do you have a Tennessee Education Lottery Scholarship (TELS)? You will need to meet the enrollment and GPA requirements each semester to continue to receive the award:

• Continuous Enrollment: You must be enrolled in at least one class every Fall and Spring semester.
• Enrollment Status: You must maintain your enrollment status each semester. If you are enrolled full-time as of the Census Date (two weeks after the start of the semester), you must finish the semester with 12 hours or more. Dropping classes or changing them to audits after the Census Date will affect your eligibility.
• GPA: You must have a TELS GPA of at least 2.75 after 24 and 48 TELS attempted hours, and at least a 3.00 GPA for each 24-hour bracket after that. You can retain provisional eligibility with a 2.75 GPA as long as you have a semester GPA of at least 3.00 and enroll full-time every Fall and Spring.

MTSU Parent and Family Association

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