Missouri State University students may soon see a boost to their bank accounts.
The University’s Springfield campus received approximately $20.8 million in federal stimulus funds through the American Rescue Plan Act of 2021. The West Plains campus received an additional $1.8 million.
The Executive Committee of the Board of Directors recently approved the plan to distribute this money among the students. The money should be available to eligible students in October.
“Our students are always the top priority,” said MSU president Clif Smart. “We hope this will ease some of the financial burden on our students so they can focus on success and achieving their goals.”
How it will work
The money will be distributed according to the guidelines of the US Department of Education. To be eligible, students must be currently enrolled for at least one credit hour and be classified as degree seeking.
Pell-eligible students receive approximately $1,500-$1,600. All other domestic students – graduate or undergraduate – receive about $1,000. International students can apply for help online in October and may receive about $750.
These funds are separate from the funds allocated to the university to compensate for lost income and certain COVID-19 related expenses.