Financial Aid Programs

Welcome to the Office of Financial Aid

At Mississippi Valley State University we are committed to assisting students and their families in meeting the cost of a college education. Our goal is to ensure there are no financial barriers within our control that prevent you from earning a degree from Mississippi Valley State University.  The Financial Aid Office strives to provide personalized service to our students and their families to answer questions about financing your education.

Many MVSU students receive some sort of financial aid to help pay for tuition, room, meals, books, and other costs (living expenses, transportation, and personals costs) associated with college.  We encourage all students to apply for federal aid today at www.fafsa.gov

 

FEDERAL SCHOOL CODE
002424
 

MVSU FAFSA HELPLINE
FOR MISSISSIPPI VALLEY STATE UNIVERSITY STUDENTS!
Call 1-877-845-9883 for assistance.
Monday - Thursday, 8:00 a.m. to 6:00 p.m. (CST)
Friday, 8:00 a.m. to 5:00 p.m. (CST)

We have good news! MVSU has partnered with Trellis, a non-profit company, to help you with your FAFSA questions. Counselors are available to answer your questions M - TH, 8:00a to 6:00p and F, 8:00a to 5:00p CST. Call 1-877-845-9883 for assistance.

Students and Parents may also get instructions on how to complete the FAFSA's mobile appl by going to the following site https://studentaid.gov/mystudentaid-mobile-app.  Once downloaded students and or parents using 2020 tax and financial information may click on the following video for instruction on how to complete your FAFSA for 2022-2023: https://www.youtube.com/watch?v=BGQQj0wWXr0 

 
Office Location
William H. Sutton Administration Building
14000 Hwy. 82W, MVSU 7268
Itta Bena, MS 38941-1400
Telephone: 662-254-3335
 Fax: 662-254-7900
 
Office Hours
Monday thru Thursday – 8am - 5pm
Friday – 8am - 4pm
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Year-Round Pell Grants 
The Consolidated Appropriations Act of 2017 allows a student to receive Federal Pell Grant funds for up to 150 percent of the student’s Pell Grant Scheduled Award for an award year. 
 

Important Note: The amount of Federal Pell Grant funds a student may receive over his or her lifetime is limited by a federal law to be 600 percent.  If a student's lifetime eligibility used (LEU) equals or exceeds 600 percent, the student may no longer receive Pell Grant funding. Students can log on to www.nslds.ed.gov to view their Pell Grant LEU.

To be eligible for the additional Pell Grant funds, the student must meet all general eligibility requirements to receive financial aid for the payment period and must be enrolled at least half time in the payment period for which the student receives the additional Pell Grant funds in excess of 100 percent of the student’s Pell Grant Scheduled Award.

Mississippi Valley State University will review student records in the spring semester to determine eligibility for a Summer Pell Award. Summer awards will be based on half-time enrollment (6 or more credit hours) and award amounts will be adjusted or canceled once enrollment is confirmed and academic progress is reviewed.  

Please review the following examples to help with determining eligibility for an additional Pell Grant award.

Scenario 1

Fall 2022

Spring 2023

Summer 2023  Mini Session I

Summer 2023  Mini Session II

Enrollment

12 hours

12 hours

6 hours

6 hours

Pell Award

$3,423 (50%)

$3,422 (50%)

 (25%)

$3,423 (25%)

 

Scenario 2

Fall 2022

Spring 2023

Summer 2023  Mini Session I

Summer 2023  Mini Session II

Enrollment

12 hours

12 hours

6 hours

3 hours

Pell Award

$3,423 (50%)

$3,422 (50%)

 (25%)

$2,568 (12.5%)

Please be aware that during the Summer 2023 students must register for a minimum of 6 credit hours for the entire Summer semester (if you are intending on taking courses during both sessions) prior to MVSU Summer census date.  This date will be publicized shortly after Summer 2023 registration begins.

THE 2023-2024 FAFSA PRIORITY DATES

FASFA AVAILABILITY

MVSU FASFA DEADLINE

October 1, 2022

December 31, 2022

.

FAFSA TIPS

  • Retrieve your FSA ID for yourself and your parents will need to do the same for their FSA ID.  (dependent students)
  • The FSA ID is your electronic signature for your FAFSA
  • You may use the IRS Data Retrieval Tool while completing your FAFSA to automatically import you and or your parents tax information onto your FAFSA form.

Find more information and/or help:
Completing the FAFSA Form Tips and Information at StudentAid.gov; help at 1-.800-4.FED-AID or 1-800.-433-3243.

Consumer Information:  The FY 2017 national cohort default rate is 9.7% via the National Student Loan Data System professional access website (NSLDS)..  Mississippi Valley State University's FY 2018 draft cohort default rate is 23.1% via National Student Loan Data System professional access website (NSLDS).  The average percentage of student loan borrowers during the FY 2017 year was 67.2% of the total published enrollment of 2385 students. 

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