Financial Aid

More than 85 percent of all institutionally-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.

Muskingum University is committed to providing or assisting students in obtaining resources to meet demonstrated need, though it is not possible to meet 100% of need in all cases. Students demonstrating need can expect to have at least a portion of the total need amount met with gift assistance (grants, scholarships). The gift aid percentage may in some cases exceed 75% for top academic students. The remaining need will be met with student loans and, in cases where the student is eligible, a campus work-study opportunity. 

How Financial Need is Determined

By completing the Free Application for Federal Student Aid (FAFSA) a student will receive a Student Aid Index (SAI). The SAI is then subtracted from the Cost of Attendance (COA) to arrive at the student's financial need. The COA is the university's total estimated expenses for a student, including tuition, room and board (if living on campus), or a commuter of off-campus living allowance as well as estimates for books, supplies, transportation, loan fees, and miscellaneous expenses. It is made up of both direct charges that you will be billed for and indirect charges that are estimates of other expenses you may have as a student. The COA is used to determine each student's eligibility for financial aid, such as grants and loans. The Cost of Attendance for full-time traditional undergraduate Muskingum University students can be found here COA.

How Financial Aid Packages are Assembled

Once a student’s financial aid eligibility has been established, a financial aid offer is presented which typically consists of both gift aid (scholarships, grants) and self-help aid (student loans, student employment). Muskingum considers past and current academic performance when constructing financial aid packages. We try to meet the financial need of all aid applicants using all available resources; students with high academic ratings, however, will be awarded packages with a higher-than-average percentage of gift aid. Differentials among academic award categories are moderate, so no student should expect an unreasonable level of gift or self-help aid.

Net Price Calculator

We encourage you to complete the Net Price Calculator for an estimate of your financial aid eligibility as well as completing the FAFSA at the appropriate time.