Muskingum College: Graduate Studies

The amount of assistance awarded reflects the family financial situation. Financial aid awarded must be within the budget allowed for each student. The college will not reveal any information about the student’s award except as required by law. Students should treat this information confidentially.
Financial aid awards for MAE or MAT graduate students are made by term for an academic year period. Summer is the first term of the academic year. The awards are not transferable nor redeemable in cash. Students must apply for renewal of their aid each year. For MISST students, the award year begins with fall will summer being a trailer term and any loans are done by academic year.
Students who fail to complete a term will have their awards adjusted in accordance with the Federal Return of Title IV funds and College policies, and will be liable for any fees that remain unpaid.
MAE and MAT Graduate students are charged $330 per credit hour for the 2008 summer term, and $350 per credit hour for the fall and spring 2008-09 academic terms. Terms in these graduate program academic year are summer, fall, spring. Financial assistance will be awarded by term. It is the student's responsibility to contact the financial aid office each term and make sure any assistance that is needed is processed.
The first MISST Graduate academic year will start in fall 2007. Contact misst@muskingum.edu for information on tuition and fee charges or for additional cohorts, or janv@muskingum.edu.
Verification - Muskingum will verify the accuracy of information supplied on applications for need-based financial aid. In some cases verification is required by the federal government. Students must supply tax information and other documentation when requested, and appropriate adjustments to the student's aid award will be made if there are discrepancies between reported and actual information. All required information must be received within 60 days of the completion of the most recently attended term in order to permit finalization of awards.
Muskie Bucks - Students who have a credit on their financial account can use some of that credit to buy books at the Muskingum College bookstore through the Muskie Bucks program, where funds are transferred from the student’s account to the ID card. This process, as well as refunds of credit balances, are handled by the Business Office.
Selective Service Registration - All students who have reached their 18th birthday must demonstrate that they have registered (or are not required to register) for the Selective Service in order to be eligible for any federal or state financial assistance.
Satisfactory Academic Progress - Students are expected to meet certain standards of satisfactory academic progress in order for financial aid to be renewed.

Drop and Refund

Graduate students who wish to drop a class may do so before or during the add/drop period. Those who drop classes prior to the end of the add/drop period receive a full refund for all dropped classes. Students who drop all classes prior to or during the add/drop period are considered to be not enrolled for the term. Any financial aid for which the student may have been eligible is returned to the respective program. For students who drop some, but not all, classes prior to or during the add/drop period, the enrollment status and subsequent financial aid eligibility are effective as of the end of the add/drop period. If a student has a loan certified and disbursed for a term based on at least half time status at the time of the certification and then the student drops a class or does not matriculate in a class, the student's eligibility for that loan is recalculated. If the student is still at least half time, then the student may keep the amount of loan the student is now eligible based on the new hours. If the student drops to below half time, the loan will be cancelled and the loan proceeds, including any amount disbursed to the student, will be returned to the lender.

Withdrawal and Refund

Graduate students who wish to withdraw from a class may do so anytime prior to the last day of class. Students who withdraw from some or all classes following the end of the add/drop period are responsible for paying all tuition and fees for the courses. Students who withdraw from all courses within a given term are not necessarily considered by Muskingum College to be withdrawn from the program. Federal financial aid guidelines, however, consider such students to be withdrawn from the institution, and are therefore sent information on how to do an Exit Interview.

Financial aid awards to graduate students who withdraw from all classes after the end of the add/drop period but prior to the completion of 60% of the session will have their federal financial aid adjusted in accordance with federal regulations. Adjustments to financial aid are not required for students who withdraw after the end of the add/drop period from some, but not all, classes within the term. In all cases, graduate students are responsible for paying any balance due to the College.

Graduate students who wish to withdraw from a class after the add/drop period must submit a written request to the Dean of Graduate and Continuing Studies.

Graduate students who withdraw from a course receive a grade of “W”, which is not included in the GPA computation.