Responsibilities of Students Who Receive Financial Aid

Since financial need is considered when the amount of a student's award is determined, it is the responsibility of the applicant to report promptly to the Financial Aid Office any awards made available to him/her from sources other than the College. This includes scholarships, state incentives, veteran's benefits, grants, etc. The financial aid "package" previously awarded will be reviewed and will require adjustments if the student's financial need is exceeded.

Students must maintain Federal Financial Aid satisfactory academic progress or SAP, to continue to be eligible for Federal, State and MSMC funding. Financial Aid SAP is different from Mount Saint Mary College's Academic Standards Policy. A complete explanation of Financial Aid SAP can be found on our website here. 

We encourage you to check the website for the latest information. Financial aid payments will not be made until the add-drop period is completed. At that time, and on a rolling basis thereafter, aid will be credited to student accounts. Refunds are disbursed to the student when financial aid exceeds the charges.