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Financial Aid Applications


Application Procedures

The financial aid application process begins with the completion of the Free Application for Federal Student Aid (FAFSA). All students are encouraged to complete and submit a FAFSA. Most students are eligible for some type of financial aid regardless of family financial circumstances. Select your student type below to learn more about the Financial Aid Application Process:

Undergraduate Students
Continuing Studies Students
Graduate Students


Undergraduate Students

All students are considered for merit-based scholarships as part of the admissions application. These scholarships are awarded without any regard to financial need. Students looking to apply for additional aid must file the FAFSA.

For the 2017-2018 academic year, the FAFSA becomes available in October, 2016. Because the income requested on the application will be from 2015, all families should be in a position to file the FAFSA once it becomes available.

First Time Applicants
If you are a first time aid applicant, you and one of your parents must apply for and receive an FSA ID. It typically takes 2 - 3 days to receive the ID, which serves as an electronic signature. To apply for your FSA ID, go to www.fafsa.ed.gov and click on the icon at the top of the page that says FSA ID. You will need to FSA ID numbers--one for you and one for a parent.

Deadlines

December 1
Early Action Applicants – Students who are accepted through the Admissions Office Early Action Program and file a FAFSA by December 1 will receive their financial aid award letter by mid-January, pending any additional information requests required by the Financial Aid Office.

March 1
All other students must submit their FAFSA prior to March 1. Students will receive their financial aid award letter via email usually within two weeks of submitting their FAFSA.

Additional Information

Mount St. Mary's Title IV School Code is 002086.

Within 48-72 hours after submitting the FAFSA, the student will be notified that the FAFSA has been processed and sent to each school. If there is a problem with the application that prevents it from being processed, the student will be notified as well. Please be on the lookout for this confirmation.

Upon submitting your FAFSA, if you have special circumstances you wish to call to the attention of the Financial Aid Office, go to our forms page and file the appropriate appeals form. Complete this form and return it to the Financial Aid Office.

Continuing Studies Students

Aid cannot be disbursed to a student's account until half-time enrollment status is achieved. In the accelerated format, this means two weeks into the student's second course of the traditional semester. If at any time during this process questions or concerns arise, please contact the Financial Aid Office at 301-447-5207.

  1. Complete the Free Application for Federal Student Aid (FAFSA).
    This form cam be completed at www.fafsa.ed.gov. If you are a first time aid applicant, you must apply for and receive an FSA ID. It typically takes 2-3 days to receive the ID, which serves as an electronic signature. To apply for your FSA ID, go to www.fafsa.ed.gov and click on the icon at the top of the page that says FSA ID. The Mount's Title IV School Code is 002086. Please understand that this form must be sent to the Federal Processing Center first and takes up to two weeks to be processed; thus it needs to be completed as soon as possible prior to your term beginning. The FAFSA needs to be completed each academic year.

  2. Complete the Direct Loan Application.
    First-time borrowers must complete a Direct Loan Master Promissory Note and a Direct Loan Certification Form. Students may borrow up to their Cost of Attendance each semester not to exceed $9,500 a year for independent sophomores and $12,500 annually for independent juniors and seniors. Completed certification forms should be sent to the Mount's Financial Aid Office. Once the documents are all on file in the Financial Aid Office, a student may request additional funds for any ensuing semester by submitting another Direct Loan Certification Form.

  3. Sign and return the Financial Aid Award Letter.
    Upon receipt of the award letter from the Financial Aid Office, sign and return one copy to the office. Students are reminded that any change in enrollment status or the addition of any outside aid may affect their eligibility for federal funds and prompt a revised award letter to be sent.

Graduate Students

Once the MSM Financial Aid Office receives all required documents, the aid will be processed. If at any time during this process questions or concerns arise, please contact the Financial Aid Office at 301-447-5207.

  1. Complete the Free Application for Federal Student Aid (FAFSA).
    This form cam be completed at www.fafsa.ed.gov. If you are a first time aid applicant, you must apply for and receive an FSA ID. It typically takes 2-3 days to receive the ID, which serves as an electronic signature. To apply for your FSA ID, go to www.fafsa.ed.gov and click on the icon at the top of the page that says FSA ID. The Mount's Title IV School Code is 002086. Please understand that this form must be sent to the Federal Processing Center first and takes up to two weeks to be processed; thus it needs to be completed as soon as possible prior to your term beginning. The FAFSA needs to be completed each academic year.

  2. Complete the Direct Loan Application.
    First-time borrowers must complete a Direct Loan Master Promissory Note and a Direct Loan Certification Form. Graduate students may borrow up to their Cost of Attendance each semester not to exceed $20,500 a year in the Federal Direct Unsubsidized Loan Program. Completed certification forms should be sent to the Mount's Financial Aid Office. Once the documents are all on file in the Financial Aid Office, a student may request additional funds for any ensuing semester by submitting another Direct Loan Certification Form.

  3. Sign and return the Financial Aid Award Letter.
    Upon receipt of the award letter from the Financial Aid Office, sign and return one copy to the office. Students are reminded that any change in enrollment status or the addition of any outside aid may affect their eligibility for federal funds and prompt a revised award letter to be sent.

 
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Map & Directions | inquiry@msmary.edu | 301-682-8315