Executive MBA / Supply Chain Management

In most circumstances, Executive MBA and Supply Chain Management students are eligible for financial assistance in the form of loans. Common loan programs are the Unsubsidized Stafford Loan and the Federal Grad PLUS Loan.

  • Unsubsidized Stafford Loan
    This loan is not based on financial need, and interest begins accumulating at disbursement, but no payment is required until six months after the student ceases enrolling on a half-time basis. The two semester loan maximum is $20,500.
  • Grad PLUS Loan
    This loan is not based on financial need, and interest begins accumulating at disbursement, but no payment is required until 30 to 60 days after the student ceases enrolling on a half-time basis. The annual loan maximum is the student's estimated cost of attendance minus all other aid.

The Loan Process

Step 1

Complete the FAFSA (Free Application for Federal Student Aid) for the academic period for which you are seeking funding.

Executive MBA Students: If you are seeking funding for the entire program, you may need to complete the FAFSA for two aid years covering 5 semesters. Your first term will be during the fall semester.

To receive aid consideration for:

  • Fall 2019, Spring 2020, or Summer 2020, complete the 2019-2020 FAFSA
  • Fall 2020, Spring 2021, or Summer 2021, complete the 2020-2021 FAFSA
  • Fall 2021, Spring 2022, or Summer 2022, complete the 2021-2022 FAFSA

Supply Chain Management: If you are seeking funding for the entire program, you may need to complete the FAFSA for three aid years.

To receive aid consideration for:

  • Fall 2019, Spring 2020, or Summer 2020, complete the 2019-2020 FAFSA
  • Fall 2020, Spring 2021, or Summer 2021, complete the 2020-2021 FAFSA
  • Fall 2021, Spring 2022, or Summer 2022, complete the 2021-2022 FAFSA

Step 2

When your loan eligibility is determined, an award notice will be sent to your MSU email account. Follow the instructions included in order to accept, reduce, or decline loans offered.

Questions

If you have any questions regarding financial assistance or the aid process, please contact Halie Albrecht at (517) 353-5940 for assistance.