Financial Aid Timeline

October- Complete FAFSA application October 1st for the New Academic Year

November

  • Office of Financial Aid will notify student of all loans canceled if not accepted for Fall
  • Process FAFSA for new academic year
  • Award notifications are sent out 

December-All students should check for balances for Fall semester.

February-Office of Financial Aid begin receiving and reviewing FAFSA information for awarding and notifying students.

March 1st-Maryland State Scholarship deadline to submit FAFSA Morgan State University priority deadline to submit FAFSA.

April-Continue to award and notify all students via mail (award letters) for New Students and Email for continuing students. Allow 2-4 weeks for non selected and 4-6 weeks for selected. Summer Sessions Financial Aid Apps Available.

May-Continue reviewing student's aid for new academic year and making awards as FAFSA applications and verification documents are received.

June

  • Continue awarding process 
  • Encourage all new borrowers to complete entrance counseling (in-person session) and master promissory note at www.studentloans.gov

July-Continue awarding process.

August-Post aid to student accounts on the first day of class

September/October -Refund list are verified for eligibility. Notify student of revision due to enrollment changes required adjustments or revisions.