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Apply for Financial Aid

1. Complete the FAFSA or MN Dream Act online

The FAFSA can be completed on the Student Aid website. MN Dream Act should be completed on the MN Office of Higher Education website.

Metropolitan State University's Federal School Code is 010374. Aid applications are completed in the fall for the following fall enrollment and cover fall, spring, and summer terms. For example, the FAFSA for 2022–2023 is available beginning in October 2021 for enrollment in Fall 2022, Spring 2023, and Summer 2023.

2. Apply for admission

Only students fully admitted are eligible for aid. Please be sure to apply early. Please check the academic calendar for application deadline dates.

3. What to expect next

After the university received the results of the FAFSA application, students will receive either a Financial Aid Award Notification via their student email or a request for additional information from the Financial Aid Office. Complete and return any documents requested. Login to Student eServices to view the status of the application or the official Award Notice.

4. Accept federal direct loan awards

If the Financial Aid Award Notice includes Federal Direct Loans, students submit the online Loan Acceptance within eServices, complete the Master Promissory Note (MPN) once every ten years, and Entrance Counseling to receive the funding

5. Financial aid disbursement and refunds or overages

Financial aid is disbursed beginning approximately the 17th day of each semester based on enrolled credits and are credited to the account created for you by the university's Financial Management Office. Students are required to begin attendance in all courses before financial aid will disburse. Financial aid that is over and above the student's tuition, fees and bookstore charge (if applicable) is refunded according to the student's preference with BankMobile Disbursements, a technology solution powered by BMTX, Inc. Gateway Student Services is available to answer questions about disbursement or refunds of excess aid.

6. Check your financial aid status

Students can follow their application status, award notice and disbursement using eServices  

7. If your financial aid situation changes

If your financial situation has changed since the tax year used on the FAFSA, or if you have other unique circumstances that the EFC formula does not consider, you may request that Metropolitan State re-evaluate your financial aid. If you provide documentation of your special circumstances to the Financial Aid Office, a financial aid officer may make adjustments to the data you submitted on the FAFSA. In some cases, adjusting data will increase your financial aid.