Please know that grants, loans and/or scholarships cannot be applied to a student’s account any more than 10 days prior to the beginning of the enrollment period.

You may check the status of your refund and/or view you billing statement online to determine if your award(s) have posted to your MSU account; simply click on "Account Summary' after you have logged onto the MSU Portal and clicking on Touchnet.  By reviewing your Account Summary, you will be able to determine:

  • If your grants, loans or scholarships have posted to your student account, AND/OR
  • If your refund check has been issued and if so, its effective date.
  • Students are encouraged to enroll in E-Refunds.  By setting up an e-refund profile, your refund will be directly deposited to your account. You will receive an email confirmation once your E-refund is processed.  

Setting up an E-Refund profile is easy! 

To set up an e-refund profile follow these instructions:

Log in to your portal at
Click on the link to Touchnet
Select "Set Up Account"
Enter your routing number and account number
Check the refund option box
Save your payment/refund method


  • If you do  not sign up for E-Refunds, the MSU Business Office will mail a refund check to your current mailing address.  To ensure that refund checks are processed and mailed in the most efficient and timely manner possible, please allow 3-5 business days before contacting the Business Office regarding the status of a refund. 

      **Please make sure that all addresses are kept up-to-date to prevent any delay in receiving your refund check.**


If you have been approved to receive grants, scholarships and/or loans, these funds will be electronically applied to your tuition and fee expenses (and on-campus room and board, if applicable). If there are any “excess funds” after grants and/or loans have paid the university account, a refund will be issued. 


And, a student may be required to return all or a portion of a refund if withdrawing from the university, dropping a class(es), or if administratively withdrawn, or if voluntarily ceasing attendance at ALL of classes during any of the following periods: 

  • On/before the official enrollment date (12th day for fall / spring semesters or 4th day for summer term(s));
  • During the withdrawal refund period (consult your Schedule of Classes);
  • Prior to completing more than 60% of the enrollment period.


Also, adjustments may be made to grants and/or loans for students who are “Instructor Dropped” from class(es).  Additionally, grants and/or loans will be totally cancelled for students who invalidate registration or never attend ANY of their classes.

Contact the Financial Aid Office at (940) 397-4214 or e-mail for additional details.


Summer 2022 

Grants, loans, and/or scholarships will be applied to student accounts for Summer 1 beginning Monday, May 23. Refunds will be processed by the MSU Business Office beginning Wednesday, May 25.

Summer 2 Only aid will be applied to student accounts on June 27.  Refunds begin processing on June 29.

Students enrolled in both Summer 1 and Summer 2 will have their Summer 2 aid applied to their student account on July 5.  Refunds begin processing on July 7.