Financial Aid Options

Scholarships

Students who have been admitted to MSU should refer to the MSU scholarship search site, available at www.moreheadstate.edu/scholarships for current information about scholarships.

Grants

Repayment is normally not required for the Federal Pell Grant, Federal Supplemental Educational Opportunity Grant (SEOG) or College Access Program Grant (CAP). To be considered for these grants, you must complete the FAFSA at www.fafsa.ed.gov.

  • Federal Pell Grant: A federally funded program; eligibility and amount are determined by a standard financial needs analysis formula.
  • Federal SEOG: A federally subsidized award based on need.
  • CAP Grant: A state program based on need.

Work-Study Programs

The work-study programs provide work in a variety of offices and departments at the University. Students may apply for open positions by submitting an application and resume on CareerNet at www.moreheadstate.edu/studentemployment.

  • Federal Work-Study Program (FWSP): A federally subsidized program based on need.
  • Institutional Work-Study Program (IWSP): Sponsored by the University, this program is geared to students with specific skills, talents or experience.

Loans

Loans must be repaid, and are available in differing amounts and under varying conditions. Types are Federal Perkins Loan, Federal Direct Loan, Federal Direct Plus Loan, and the Emergency Loan Fund.

  • Federal Direct Stafford Loan: Allows students to borrow money directly through the institution. These loans may be need-based (subsidized) or non-need based (unsubsidized). Students must be enrolled in at least six credit hours.
  • Federal Direct PLUS Loan: Allows parents and/or stepparents of dependent undergraduate students to borrow money for student educational expenses.
  • Emergency Loan Fund: Administered by the Office of Financial Aid, this fund assists students in emergency situations. Students may borrow small amounts on a short-term, no-interest basis, depending on funds available. Apply in person at the Office of Financial Aid.

Entitlements

Entitlement programs include Veterans Administration Educational Assistance GI Bill® and benefits for veterans' dependents, tuition waiver for dependents of Kentucky veterans, and Vocational Rehabilitation Assistance.

  • Veterans Administration (V.A.) Educational Assistance: Eligible veterans (GI Bill®) and/or eligible children, wives and spouses of veterans who died or were permanently and totally disabled as the result of service in U.S. Armed Forces (V.A. benefits program) may apply for education benefits. Eligibility is determined by the V.A. For information and application forms, contact Veterans Administration Regional Office, P.O. Box 66830, St. Louis, MO 63166-6830, 1-888-442-4551 or apply at www.gibill.va.gov.
  • Tuition Waiver for Dependents of Kentucky Veterans, Police Officers, Firefighters or Volunteer Firefighters: A waiver of tuition for eligible dependents (children, spouses, and widows) of totally disabled or deceased Kentucky war veterans, police officers, firefighters or volunteer firefighters, who died or were permanently and totally disabled as a result of services in the U.S. Armed Forces, Kentucky law enforcement agencies, as a firefighter, or volunteer firefighter. For information, call the Office of Financial Aid at 606-783-2011.
  • Vocational Rehabilitation: Eligible individuals with physical or emotional disabilities may qualify for education benefits. Eligibility is determined by the Vocational Rehabilitation Service in the student's community. Students already enrolled at the University should contact the Vocational Rehabilitation Office, 1225 US Hwy 60, Suite 106, Morehead, KY 40351, 606-780-2287.
  • Army Reserve Officers' Training Corps Subsistence Allowance: Eligible individuals enrolled in advanced military science classes may qualify for education benefits that consists of a tax-free allowance of $300-$500 per school month. Contact the Professor of Military Science, MSU, 309 Button Auditorium, Morehead, KY 40351, 606-783-2050.

For additional information pertaining to all financial aid programs, visit: www.moreheadstate.edu/finaid. For information about veterans' benefits and support, visit www.moreheadstate.edu/veterans.

Veterans' Benefits

Morehead State University is approved by the Kentucky State Approving Agency for Veterans Education (SAA) to offer V.A. Educational Benefits (GI Bill®) to eligible individuals enrolled in approved programs. 

Eligible veterans (G.I. Bill®) and/or eligible children, and spouses of veterans who died or were permanently and totally disabled as the result of service in U.S. Armed Forces (V.A. benefits program) may apply for education benefits. Eligibility is determined by the V.A. For information and application forms, contact Veterans Administration Regional Office, P.O. Box 66830, St. Louis, MO 63166-6830, telephone toll free 1-888-442-4551 or apply for benefits at www.gibill.va.gov.

The University will protect the schedules of G.I. Bill® and Vocational Rehabilitation & Employment beneficiaries (Chapter 33 and Chapter 31 beneficiaries) for up to 90 days from the date the beneficiary provides a certificate of eligibility, or valid VAF 28-1905. This will allow those students to attend courses until the V.A. provides payment to Morehead State University.  The University will not impose a penalty, or require the beneficiary to borrow additional funds to cover tuition and fees due to late payments from the V.A. 

For additional information, contact the school certifying official in the Office of the Registrar, 201 Ginger Hall, 606-783-2008 or email registrar@moreheadstate.edu

*GI Bill® is a registered trademark of the U.S. Department of Veterans Affairs (VA).

Eligibility for Veteran's Benefits

You are eligible for benefits if your military service places you in one of the following chapters:

  • Chapter 30 — Montgomery G.I. Bill® for active-duty veterans.
  • Chapter 31 — Vocational rehabilitation benefits for disabled veterans.
  • Chapter 33 — Post 9/11 G.I. Bill® for active-duty veterans, implemented August 1, 2009.
  • Chapter 1606 — Provides benefits to students participating in the National Guard and/or Reserves.
  • Chapter 1607 — Educational assistance for reserve component members supporting contingency operations and certain other operations. Also referred to as REAP.

LTC Alan R. Baldwin Veterans Center

The LTC Alan R. Baldwin Veterans Center, located in 304 Breckinridge Hall, was established to build on the University’s continued efforts of providing MSU’s military and veteran students with the service, support and assistance they have earned. The goal is to eliminate obstacles and ensure that our veterans transition to college with greater ease.

The center will assist prospective and current student-veterans by providing counseling and direction on all educational benefits, as well as enrollment and registration assistance, counseling resources and referrals, and academic and career assistance. In addition, the center may be used for student veterans to study, relax and reconnect with their fellow student-veterans.

The center will be open Monday-Friday, from 8 a.m. until 4:30 p.m. It is equipped with study tables, computer, refrigerator, microwave, couches, recliners and a flat-screen television. The center is also an approved study area for provisional student-veterans on academic probation. For more information on the LTC Alan R. Baldwin Veterans Center, contact the Director of Military Initiatives at 606-783-9416.

Military Credit

As a Service Member Opportunity College (SOC), Morehead State University awards military credits in accordance with SOC and the American Council on Education (ACE) guidelines. Therefore, military credit will be awarded after careful analysis by academic departments to determine the comparability of the learning outcomes of the military course and the course at the University for which credit is being sought.

Military Occupational Specialty and Other Military Credit

When a service member presents documentation of Military Occupational Specialty (MOS) or other military credit to the registrar and requests Morehead State University credit, the registrar will route the request to the department chair of the service member's program of study for evaluation until an equivalency list has been established. An equivalency database will be maintained and reviewed annually.

Monitoring:

The University Undergraduate Curriculum Committee will review the procedure annually and recommend changes to the provost and vice president for academic affairs.

Residency Requirements:

Academic residency requirements will be up to 50% of the undergraduate degree program for service members.

Selective Service Registration Requirement

Male students must be registered with Selective Service (if required to register) before they can receive Title IV student financial aid (Federal Pell Grant, Federal SEOG, federal work-study, Federal Perkins Loan, Federal Direct Loan, Direct Plus Loan). Contact the Office of Financial Aid at 606-783-2011 for more information.