Students who already have filed both forms and are interested in financial aid for a Study Abroad Program that lasts a full semester need only to write a letter to the Financial Aid Office asking for aid for that particular program. The letter should include the dates of the program, the student's name, address, and social security number. Students who are interested in summer trips that start after July 1, should contact the Student Financial Aid Office for special instructions. Using data from the applications, the financial Aid Office will determine the amount of loan money a student is eligible to receive and will issue an award letter. In approximately two weeks, students will receive a loan application from The Kentucky Higher Education Assistance Authority in Frankfort.
Students complete the loan application and take it to a lender.
Processing the loan application usually takes two or three weeks. MSU's Student Loan Accounting Office will receive the loan proceeds from the lender. The other half will be available to the student at the midpoint of the program. Students must pick up the checks and endorse them. Alternatively, students may use a lender that participates in check delivery via master check.