Current Student-Athletes - Financial Aid - Murray State University Athletics

Types of Financial Assistance

• Tuition and Fees Scholarship

• Room Scholarship

• Meal/Board Scholarship

• Book Scholarship

• 5th Year Scholarship

• NCAA Post Graduate Awards (Qualifications under Academic Guidelines)

• NCAA Degree-Completion Award (Qualifications under Academic Guidelines)

• Grant and loans are available through the Financial Aid Office (Sparks Hall)

• Scholarships are also available through the Office of University Scholarships (1st floor, West Wing of Ordway Hall).

Summer School Aid

A student-athlete must apply for summer school aid. This application can be requested from the Associate Athletic Director, Internal Operations, Matt Kelly. After an evaluation of the prior school year’s academic record and citizenship, the student-athlete will be informed by the athletics department as to the amount of summer school aid they may receive.

5th Year Scholarship Guidelines

• Student-athletes must have received athletically related financial aid during enrollment at Murray State University.

• Student-athletes must have completed last season of competition, is in 5th year of attendance and within 6 years of date of initial enrollment at any collegiate institution.

• Grants will be issued on a semester basis. Grants not renewed if GPA falls below minimum required for graduation or if recipient earns less than 12 hours.

• Applicants must have earned a total of at least 90 credit hours towards their degree.

• Applicants must have a 2.0 or better GPA in either area or major and minor course of study and cumulative GPA of 2.0 or better. If course of study requires higher than a 2.0, applicants must have at least the minimum GPA required.

Financial Information

• Applications received will be prioritized and reviewed by Athletics Director, Associate Athletics Director - Internal Operations, the Assistant Athletics Director - Compliance and the Athletic Business/Accounting Coordinator. Citizenship, academics, class attendance, and any disciplinary issues will all be used as consideration for 5th year aid awards.

• Grant program concludes when sequence of courses designated in application is complete or when 2 semesters have elapsed.

• Recipients will serve as student assistants in athletics department.

• Notification of status of award will be given after budget has been approved.

• The number of grants awarded and their respective scholarship amounts will depend upon the availability of funds.

Policies for Granting, Continuing and Renewing Athletics Scholarships

A goal in Intercollegiate Athletics is to provide for the maximum scholarship funding allowed by the NCAA regulations. Until funding becomes available to meet this goal, the distribution of aid will be made by the Athletics Director and the Head Coach of the respective sport.

• All student-athletes should complete and submit a Pell Grant form and University packet for student-financial aid; and renew them on an annual basis.

• Aid will be awarded on a one-year renewal basis.

• Financial aid renewal contracts will be completed prior to summer break or sent to student-athletes at their permanent residence prior to July 1.

• Any student-athlete whose scholarship is not renewed (non-renewal) or downgraded will be notified by July 1. The student-athlete has the right to appeal the action through the Director of Financial Aid. This right to appeal will elapse after 15 working days from the receipt of the written notification.

• After the first 2 weeks of a semester have elapsed, no adjustments to the level of financial aid for a student may occur (all revisions and/or adjustments should occur during the summer); unless circumstances change.

• The Athletics Director must approve all summer aid. See Summer School Aid section.

If you have a question about the terms of your financial aid agreement, see your head coach, the Athletics Compliance Office or the Associate Athletics Director.