Fall 2021 Enrolled Student Auto-Award Amounts per EFC/Credit Load

EFC* - Estimated Family Contribution

Fall 2021

Enrolled Credits

As of 9/29/2021

 

2 to 5credits

 

6 to 8credits

 

9 to 11credits

 

12+credits

FASFA $0 EFC* $375 $475 $825 $1,025
FASFA >$0-10k EFC* $325 $425 $725 $925
FASFA >$10k-20k EFC* $275 $375 $625 $825
FASFA >$20k-30k EFC* $225 $325 $525 $725
FASFA >$30+k EFC* $175 $275 $425 $625
No FASFA* $125 $225 $325 $525

* Funds will be applied after the 15th day of class to students enrolled. Funds only available to degree seeking students. Completing the FAFSA may increase your award. Students with exceptional need may apply for additional funding.

ARPA FAQ

Fall 2021 degree seeking students who are U.S. citizens are eligible for the ARPA award. Per ARPA guidelines, MSUB is required to prioritize students with exceptional financial need, such as students who receive Pell Grants. MSUB has done this by utilizing the Expected Family Contribution (EFC) from the 2021-2022 FAFSA.

This award is based on your Fall 2021 credit load which will be verified after September 28, 2021. Please be aware that changes to your credit load may impact your award amount. After October 5, 2021, students with extraordinary need can use this link to apply for additional funds to be considered and awarded on a case by case basis.

This award will be processed through your student account for you to decide how the funds will be used. Update your student account information and preferences by visiting www.msubillings.edu and logging into MyInfo or by contacting businessoffice@msubillings.edu. For faster payment processing, sign up for direct deposit and update your mailing address. Business Services will process the funds through direct deposit or send a check to your home mailing address. This award will be processed AFTER October 5, 2021 when your fall course credits are verified. The award amount is contingent on your credit load for Fall 2021. The award will be disbursed after October 5, 2021.

No, the ARP funds are not considered financial aid nor are they considered a resource that will impact future financial aid awards.

No, the ARPA funds are considered necessary relief as the result of a qualified disaster, which is excluded from a taxpayer’s gross income under Section 139 of the U.S. tax code.

These funds have been provided to help ease the financial burden the pandemic has caused students seeking post-secondary education. The funds should be used to help cover the cost of attendance which varies according to each student. Some costs related to college attendance could include the following: tuition, housing, food, books, supplies, course materials, transportation, childcare, technology, etc.

YES! It is advantageous for every student to complete the FAFSA. To get started visit studentaid.gov. MSUB’s FAFSA code is 002530. If you need assistance, contact the MSUB Office of Financial Aid at 406-657-2188 or finaid@msubillings.edu or visit us on the University Campus on McMullen One.

Your EFC is on the Student Aid Report (SAR) that all FAFSA filers receive as well as online through your “My Info” Financial Aid tab.  Students can review award amounts, budget for the year and if they have any remaining unmet need in their award package.

MSU Billings is taking all the necessary steps to be ready to welcome our students back to campus for fall 2021. We are anticipating a great academic year with face to face, online and hybrid classes, student activities, recreation sports, athletic contests and more! Keep up to date on the latest MSUB news through visiting www.msubillings.edu.