Finanical Aid Information
Financial aid in the form of work and loans is available to eligible graduate students at Morehead State University. Under the Federal or Institutional Work Study Programs, graduate students (other than those on graduate assistantship) may be employed on campus for up to a maximum of 20 hours per week. The pay rate for all work-study programs is the current minimum wage. Low-interest federal loans available to graduate students include Federal Perkins Loans and Federal Direct Loans. Interest rates on these loans range from 5 to 8.25% and, in general, repayment does not begin until six to nine months after the student leaves school or ceases to be at least a half-time student. Morehead also sponsors a Graduate Assistantship program. To apply for financial aid, students must submit a Free Application for Federal Student Aid (FAFSA) and an MSU Student Financial Aid Personal Data Sheet. These forms are available in the Office of Financial Aid, 305 Howell-McDowell Administration Building. The phone number is 1-(606)-783-2011.