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Frequently Asked Questions

 

What is Muskingum's Federal School Code?
Our school code is 003084. You will need this code when filing the FAFSA to ensure that we receive your information.

Am I eligible for financial aid?
The foundation of Muskingum's financial aid program rests with its financial assistance to students who need such assistance in order to attend. More than 85 percent of all Muskingum-funded grants and scholarships go to students who demonstrate financial need, which is in addition to federal, state and private funds allocated to needy students. If you wish to be considered for need based financial aid please visit our Need-Based Financial Aid page.

Do I have to reapply for financial aid every year?
Yes. If you want to be considered each year for federal grants and loans, and Muskingum need-based grants you must re-apply for financial aid every year. The first step to re-applying for financial aid is to complete the renewal FAFSA (Free Application for Federal Student Aid). You can complete the renewal FAFSA online at www.fafsa.ed.gov after January 1st. For additional information about applying for financial aid please visit our Need-Based Financial Aid page.

Does living off campus or commuting from home affect my financial aid?
Financial aid for students who live off-campus (live in a house or apartment and pay rent) is basically the same as students who live on campus. We consider off-campus student expenses (tuition, rent and meals) the same as expenses for resident students (tuition, room and board) in the calculation of financial aid. Since off campus students are essentially paying the same expenses as a resident student their financial aid package would be the same as if they lived on campus. The only difference between off-campus as resident students is that off-campus students are not charged the telephone access fee or laundry fee.

Students who commute (live at home with parents) have different financial aid packages from off-campus and resident students because they do not have the same expenses (they do not pay room and board or rent). Commuter students' financial aid is based on their tuition and transportation costs.

When do I receive my financial aid?
Entering first year students should receive a financial aid award by mid April, provided that they have been accepted for admission and their FAFSA was filed by the priority deadline of March 15. Returning students should receive a financial aid award in June provided that they filed the FAFSA by the priority deadline of April 15 and requests for additional information have been fulfilled.

Can I get financial aid if I study abroad?
Financial aid is available for students who choose to study abroad. For more information please see our Other Financial Aid Programs page.

What is the difference between subsidized and unsubsidized Federal Stafford Loan?
Subsidized loans are loans that the federal government is responsible for paying the interest while the student is in school. Sometimes, part or all of the loan is awarded will be classified as unsubsidized, meaning the student, rather than the government, is responsible for the interest while enrolled in school.

How do I apply for a loan?
Please see our Student and Parent Loans section for step-by-step instructions on how to apply for student and parent loans.

Can I get a job on campus and how much will I be paid?
Most students will be able to find employment on campus. Students who are awarded work-study as part of their financial aid have first priority when looking for a job on campus. The majority of students are paid the hourly minimum wage of $5.15. For more information on student jobs please visit our Employment section.

Still don't have the answer to your question?
Please Contact Us and we will be happy to help you.

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