Financial Aid



A student who has been approved to receive grants, scholarships, and/or loans will have these funds electronically applied to tuition and fee expenses (and on-campus room and board, if applicable) AFTER the student has accepted the awards in MSU’s Portal.

Grants, scholarships, and/or student loans cannot be applied to a student’s account any more than 10 days prior to the beginning of the first class day of the semester. If there are any “excess funds” after grants, scholarships, and/or loans have paid the University account, a refund will be issued by the MSU Business Office. STUDENTS ARE ENCOURAGED TO COMPLETE THE ACH (AUTOMATED CLEARING HOUSE) PROCESS, AVAILABLE BY LOGGING INTO my.MSUTexas AND CLICKING ON THE TOUCHNET LINK, TO HAVE REFUNDS ELECTRONICALLY DEPOSITED INTO THEIR BANK ACCOUNTS. IF STUDENTS HAVE ALLOWED AMPLE TIME TO RECEIVE THEIR REFUNDS (AS DETAILED BELOW) BUT STILL HAVE NOT RECEIVED THE REFUND, PLEASE CONTACT THE MSU BUSINESS OFFICE AT bus.office@msutexas.edu or call 940-397-4101.
  • Students registering during the University’s Early Registration period can anticipate that refunds will be deposited into their bank accounts within 3-5 business days after Financial Aid is applied to their student accounts. All other refunds will be mailed.
  • Students registering during the University’s Regular Registration period can anticipate that refunds will be deposited into their bank accounts within 3-5 business days after Financial Aid is applied to their student accounts. All other refunds will be mailed.
  • If grants and/or loans are approved and processed AFTER the Regular Registration period, the refunds will be deposited into their bank accounts within 3-5 business days after Financial Aid is applied to their student accounts. All other refunds will be mailed.

A student may be required to return all or a portion of a refund if withdrawing from the University, dropping a class(es), if administratively withdrawn, or if voluntarily ceasing attendance at ALL of classes during any of the following periods: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 and Spring; 4th day for summer terms).
  • During the withdrawal refund period.
  • 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) or if it is deemed necessary for the University to cancel a 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 financial-aid@msutexas.edu for additional details.

IMPORTANT: If financial aid (grants, scholarships, and/or loans) does not pay the total account balance due in full, students MUST pay the balance in full, have an ETFL contract, or an Installment contract with one-third (1/3) of the total account balance paid by the due dates or registration will be voided. Students with balances from previous semesters must contact the Business Office at 940-397-4100. Students with classes voided for non-payment and/or no
payment plans are subject to late registration and reinstatement fees. Information regarding MSU payment plans is available at http://msutexas.edu/busoffice/payment-of-fees.php. NOTE: Changing student status between undergraduate,graduate, or post-baccalaureate can affect eligibility for financial aid. It is the students’ responsibility to check their aid eligibility before changing their statuses.

NOTE: Even if a student has applied the 1/3 payment to the account, as indicated above, the student MUST also complete the Installment contract online at http://msutexas.edu/busoffice/payment-of-fees.php or the ETFL contract at the Business Office or classes will be voided.