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General Information

Outside Resources

Any type of funds that may be used to assist in your educational expenses can affect your financial aid eligibility. Benefits such as Veteran's benefits, sponsorship, and/or vocational rehabilitation benefits can affect your eligibility. Please notify our office if you plan to receive any "outside resources."

Veteran's Benefits
Please visit the Veteran and Military Student Services Website for information on Veteran's Benefits at MSU Denver.

Americorps Education Benefits
In order to redeem your Americorps Education Benefits, please register online through the Americorps Online Payment System. On this site, login and request the amount of benefits you would like to use toward your education. You must be enrolled in classes at the time you submit your request. Americorps students will not have their Americorps funds withheld do to Satisfactory Academic Progress (SAP). SAP will, however, prevent any Title IV or state aid from disbursing.

Correspondence Classes

MSU Denver students who take correspondence classes should be aware of the limitations concerning financial aid. The correspondence program allows one year from the time of original enrollment to complete each class, but if you are receiving financial aid, you must meet all of the conditions for the Office of Financial Aid Satisfactory Academic Progress Policy (SAP) during each semester you receive aid or you risk being put on financial aid suspension. This generally means that you must complete your correspondence classes within the semester that the classes appear on your registration record.

Students who are enrolled in only correspondence courses are considered to be at half-time status for financial aid and Pell grant purposes even if the student has more than six credit hours in their fall schedule. If a student is taking both correspondence and regular coursework, it is possible for the student to be considered more than half-time IF the amount of regular coursework is equal to or more than the number of credit hours of correspondence courses. However, if a student registers in more correspondence courses than regular courses, our office can only count total credit hours up to half-time status.

Examples:

      • Student A is enrolled one regular class at 3 credits and one correspondence course at 3 credits. Total credit hours is 6 and enrollment status is half-time
      • Student B: is enrolled in one regular course at 3 credits and two correspondence courses totaling 6 credits. Total credit hours is 6 and enrollment status is half-time as the student is enrolled in more correspondence courses than regular courses

Other examples:

      • Student C: two regular courses totaling 6 credits and one correspondence course at 3 credits. Total credit hours is 9 and enrollment status is ¾ time.
      • Student D: two regular courses totaling 6 credits and two correspondence courses totaling 6 credits. Total credit hours are 12 and enrollment status is full-time.
      • Student E: one regular course at 2 credits and two correspondence courses totaling 6 credits. Total credit hours are 6 and enrollment status is half-time.

For students strictly enrolled in all correspondence courses:

  • These regulations can impact your cost of attendance as well as Pell grant eligibility. The total cost of attendance can only include tuition, fees, books and supplies, therefore, your budget will be adjusted accordingly and other types of financial aid can be impacted.
  • In addition, for Pell grant eligible students, Pell disbursements will be split during the semester.
  • Students must first submit a WRITTEN schedule of lessons of that course that reflect a workload of at least 30 hours of preparation and shows progression toward completion at the end of the semester. Lesson plans must be submitted to our office before the first disbursement of Pell can be paid in and must also be signed off by the professor of that course. Students must do this for each of the correspondence courses they registered.
  • In order for the second half of the Pell to pay in, documentation from the professor must be provided that indicates the student completed 50% of the coursework (per the lesson plan provided at the beginning of the term) at the midway point of the fall semester. Our office will notify those students toward the middle of the semester that they must have their professors notify our office regarding their progression of coursework completed.
  • If the student does not complete the coursework by the end of the semester, our office must bill the full amount of Pell received for that semester. .

REGISTERING FOR CORRESPONDENCE CLASSES
Students may register for correspondence courses using Student Hub. Information about the availability of classes is found in the Class Schedule for each semester.

Check with the experts at 303-721-1313 or 303-450-5111 for complete information about correspondence study. Remember, although you have one year to complete a correspondence course, according to the policy governing correspondence classes, you are considered registered for that course only in the semester that you initially register for it. You must complete it during that semester if you are receiving financial aid or you could be subject to financial aid suspension based on the Satisfactory Academic Progress Policy (SAP).

Study Abroad

If you are planning to participate in an approved study abroad program, you MAY qualify for additional Federal Direct Stafford, PLUS or Alternative Loans to cover the additional costs associated with these programs. Any financial aid received during the semester you are studying abroad must first be used to help cover tuition and fees assessed to your student account. Any remaining aid (refund) may be used to pay the remaining study abroad program costs.

To qualify for aid your financial aid file must be complete at the time of applying and at the time of disbursement of aid. To apply for Alternative Loans you may not need to file a FAFSA, but you may need to follow Office of Financial Aid Regulations such as Satisfactory Academic Progress (SAP).

Students interested in studying abroad should contact the Office of International Studies (Administration Building-360 / 303-615-1222) to set up an advising appointment. The Office of International Studies will assist you with the initial steps of finding and applying to a study abroad program. Once you have been approved to study abroad, your student budget can be increased to accommodate the additional costs of your program. This budget increase will only be applicable to the semester in which you are going abroad. Once your budget is increased you must submit the appropriate loan applications for additional funding. Please note that Annual Federal Stafford Loan limits still apply and additional loan eligibility will vary depending on each individual student.

Things to Know About Study Abroad Financial Aid

  • Financial aid cannot be released until 10 days prior to the first day of classes based on MSU Denver's class schedule. If you need money to cover deposits or application fees before the start of the semester you may have to cover these costs yourself.
  • You must make arrangements for payment to your study abroad program directly from your financial aid refund. Remember that financial aid is always applied toward MSU Denver tuition and fees first.
  • Financial aid refunds will either be mailed to the address you have on file with the University. If you have signed up for direct deposit, refunds will be sent directly to your bank account.
  • Single term loans (i.e. spring only, summer only) will be split into two disbursements. It is important for students to understand the disbursement schedule of their financial aid so that they can plan accordingly. For more information you may view our Disbursement page.
  • Parents of Dependent students studying abroad may apply for a Federal Parent PLUS Loan. For more information please view our Federal PLUS Loans page.
  • If a student does not have sufficient Stafford or PLUS Loan eligibility to cover the costs of their study abroad program, they may apply for an Alternative Loan (a Private Loan). Various private lenders offer different lending options, however student are encouraged to utilize their offered Federal Direct Stafford and Plus Loans before considering Alternative Loans. For more information you may view our Alternative Loans page.
  • You may want to give someone authority to check your financial aid file while you are traveling abroad. If you choose to do this, you must submit a FERPA Form to the Office of the Registrar (Central Classroom 105) to designate a release of information to a third party of your choice. You must submit the FERPA form in person along with proper identification.

Additional Information

  • If you have already borrowed up to the Maximum Annual Federal Stafford Loan limits, you will not qualify for additional Federal Stafford Loan funds. Annual limits for Federal Stafford Loans are:

Annual Limits for Loans Disbursed after July 1, 2008
Annual Loan Limits for Dependent Student
Grade Level by Credits
Subsidized Maximum
Total (Subsidized and Unsubsidized)
Freshman (0-29)
$3,500
$5,500
Sophomore (30-59)
$4,500
$6,500
Junior/Senior (60+)
$5,500
$7,500
Annual Loan Limits for Independent Students
Grade Level by Credits
Subsidized Maximum
Total (Subsidized and Unsubsidized)
Freshman (0-29)
$3,500
$9,500
Sophomore (30-59)
$4,500
$10,500
Junior/Senior (60+)
$5,500
$12,500
Teacher Certification
$5,500
$12,500
Lifetime Maximum Loan Limits
Dependent students:
Maximum SUB $23,000
$31,000 Total 
Independent Students:
Maximum SUB $23,000
$57,500 Total

The Office of Financial Aid will increase your budget to meet the additional cost of an eligible study abroad program. Once the increase is done, you may qualify for additional loan funding up to the cost of your program. You will receive an increase in your budget only once per study abroad program. Please see the Office of Financial Aid for more information and to determine your eligibility for study abroad financial aid.

Aerospace Program

As a student in the Aerospace Program, you may qualify to use your financial aid to help pay for the high costs associated with flying. All aid received must first be used to help cover tuition and fees assessed to your student account. Any remaining aid (refund) may be used to cover educational costs (flying).

To begin your financial aid file, you must submit the Free Application for Federal Student Aid (FAFSA). You must complete your financial aid file with the office. To apply for Alternative or PLUS Loans you may not need to file the FAFSA but may need to follow and qualify under Financial Aid Regulations such as Satisfactory Academic Progress Policy (SAP). Please check with our office for any additional requirements.

If you plan to enroll in any of the certification professional pilot (actual flight) courses at MSU Denver, you may qualify for additional Federal Stafford, PLUS or Alternative Loans to help cover the additional costs of these courses. You must submit an Aerospace Budget Adjustment (AERO) Form along with a Federal Stafford, PLUS or Alternative Loan Application for the current semester that you will enroll in these classes.

Note that these amounts are increases to your student budget for one term only and you must apply with the proper loan applications and ALOAN form. These increases are intended to allow for immediate term funds to have refund monies to complete the requirements for certification.

The following classes and the additional amounts allowed in your student budget have been approved by the Office of Financial Aid:

AES 1500 $8,500 - Private
AES 2500 $7,800 - Instrument
AES 3520 $12,500 - Commercial
AES 4500 $4,300 - Multi-Engine
AES 4510 $5,200 - Flight Instructor, Instrument
AES 4520 $3,200 - Flight Instructor
AES 4530 $4,600 - Flight Instructor, Multi-Engine

*The Aviation Department is the only office that can register you for the listed courses. The budget increase and aid eligibility will not be processed without registration in one of these classes.

You may not qualify for enough Federal Stafford Loans to cover the entire costs you incur with these courses. Dependent students may apply for Parent PLUS Loans. Information on Alternative Loan Applications are available in the Office of Financial Aid. Please see the Federal Stafford Loan limits.

You may only have your budget increased one time for each class listed above. If you retake a class, we will not be able to consider the costs you incur. These increases are semester specific.

As a result of an Aerospace increase request, we will add the approved course allowance to your student budget in an effort to increase your available loan eligibility. This will in no way increase the eligibility amount set by the Federal Government on Stafford Loan borrowing limits. If you have already borrowed the Federal Stafford maximum loan eligibility for the year, the budget increase will not make any additional funds available for you to borrow in Stafford Loans.

You must apply with a Federal Stafford Loan request form. Annual loan limits for Federal Stafford Loans are:

Annual Limits for Loans Disbursed after July 1, 2008
Annual Loan Limits for Dependent Student
Grade Level by Credits
Subsidized Maximum
Total (Subsidized and Unsubsidized)
Freshman (0-29)
$3,500
$5,500
Sophomore (30-59)
$4,500
$6,500
Junior/Senior (60+)
$5,500
$7,500
Annual Loan Limits for Independent Students
Grade Level by Credits
Subsidized Maximum
Total (Subsidized and Unsubsidized)
Freshman (0-29)
$3,500
$9,500
Sophomore (30-59)
$4,500
$10,500
Junior/Senior (60+)
$5,500
$12,500
Teacher Certification
$5,500
$12,500
Annual Loan Limits for Graduate and Professional Students

Graduate and Professional Studies

$8,500
$20,500
Lifetime Maximum Loan Limits
Dependent students:
Maximum SUB $23,000
$31,000 Total 
Independent Students:
Maximum SUB $23,000
$57,500 Total
Graduate and Professional Students
Maximum SUB $65,500
$138,500 Total

If you apply for and receive an increase in your Federal Stafford Loan, Alternative Loan or PLUS Loan based on an aerospace class and you then drop the class, you may be asked to repay the amount of the increase.

***You may download the Aerospace Program Brochure by clicking on the Adobe logo. ***

What if AEROSPACE


Computer Budget Increases/Computer Loans

You may be able to have your budget increased to allow for the purchase or upgrade of a computer or computer software. The increase is term specific to give you all funds at once.

Submit a COMP.
Students who have remaining Federal Stafford Loan eligibility for the current academic year may borrow up to $1,800 for the purchase of a computer (including a printer or any other hardware that is compatible with the computer). Each student may have this budget increase only once during their undergraduate education at MSU Denver.

Submit a COMPU. In addition to the one-time computer budget increase, each student may have a budget increase of up to $500 annually for upgrading the computer hardware or software. A computer upgrade request cannot be utilized in the same academic year as a computer purchase request.

*This computer budget increase will not change or adjust your eligibility for grants or any other current aid.

You must complete a Computer Purchase Request Form (COMP) and attach a copy of a cost estimate from a store, Internet site or from the individual selling the computer. The cost estimate must provide the cost of the computer and the name and address of the seller. You are required to submit a loan application (FSLA) with your COMP or COMPU form for us to process your loan request. A COMP or COMPU form submitted without a loan application (FSLA) can be put on hold or waived. You can submit a Federal Stafford, Federal PLUS, or Alternative Loan application with your request.

The Office of Financial Aid is required to follow Stafford annual and aggregate loan requirements. If you do not have sufficient Stafford Loan eligibility to pay the entire cost of your computer, your budget increase request may be denied for the current year and you may apply again in a subsequent year. If you are applying for additional aid in PLUS or Alternative Loans, you must submit the applications with the Computer Purchase Request Form.