Students receiving any form of financial aid are required to complete an MSUPP application because student financial aid is not available prior to the beginning of each semester when payment in full or payment arrangements must be made. Provided that there is a completed MSUPP application on file with the Bursar's Office, the first billing statement of the semester will deduct any awarded student financial aid under the Anticipated Aid. (A 4% origination fee for Stafford and PLUS loans will be deducted from the awarded amount for students who have loan awards.)

For first-time, first-year undergraduate borrowers, the federal government requires a delay for the first distribution of Stafford Loans for 30 days from the first day of class. (An entrance counseling form (off-site link) must also be completed with the Student Loan Accounting Office before these funds can be disbursed.) All PELL Grants, State CAP Grants, SEOG Grants, Nursing Loans and Perkins Loans will be applied directly to your account provided you have met all requirements for receiving your aid. Subsidized Stafford Loans, Unsubsidized Stafford Loans and Parent PLUS Loans will be applied directly to your account if your lender participates with Murray State University in Electronic Funds Transfer (EFT). You should contact your lender to determine if it participates with MSU in EFT. Questions concerning loan disbursements should be directed to the Student Loan Accounting Office by telephone, 270-809-2691, by mail to Student Loan Office, Murray State University, 200 Sparks Hall, Murray, KY 42071-3312 or E-mail to student.loans@MurrayState.edu.

Refund checks for excess financial aid funds will be mailed after funds have been received. Checks will be mailed to the permanent home address unless a Residual/Refund Mailing Address Form (.pdf) has been submitted 10 days prior to the first day of the semester.

Note: You will need Adobe Reader in order to open any (.pdf) marked applications on your computer.