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 budget 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 three aid years covering 6 semesters. Your first term will be during the summer session.

To receive aid consideration for:

  • Fall 2016, Spring 2017, or Summer 2017, complete the 2016-2017 FAFSA
  • Fall 2017, Spring 2018, or Summer 2018, complete the 2017-2018 FAFSA
  • Fall 2018, Spring 2019, or Summer 2019, complete the 2018-2019 FAFSA

Supply Chain Management: If you are seeking funding for the entire program, you may need to complete the FAFSA for three aid years.  You will be eligible for federal loans only during those semesters when you are enrolled half-time or more (5 or more credit hours).  During the semesters that you enroll for less than five credits, you may apply for private loans only.

To receive aid consideration for:

  • Fall 2016, Spring 2017, or Summer 2017, complete the 2016-2017 FAFSA
  • Fall 2017, Spring 2018, or Summer 2018, complete the 2017-2018 FAFSA
  • Fall 2018, Spring 2019, or Summer 2019, complete the 2018-2019 FAFSA

Step 2

All loan applicants must submit an Employer Reimbursement Form to the Office of Financial Aid indicating the amount of tuition reimbursement anticipated from your employer. Make certain you select the correct aid year. The statement should be mailed or faxed to the Office of Financial Aid, to the attention of Cindy Osborne. Please include a daytime phone number where you may be reached if clarification is needed.

Step 3

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 Cindy Osborne at (517) 353-5531 for assistance.