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Financial Aid

Student Loan Eligibility

  • You must be enrolled in at least 6 credits when Minnesota West certifies and pays out your loan.
  • Your loan eligibility is based on the financial aid listed in your award letter. If you become eligible for additional funding such as scholarships or third party funding, your loan eligibility may decrease. As a result, you may have to repay part of your loan funds to the college if you have already received the loan funds.
  • If you are enrolled for just one semester at Minnesota West, your loan may be adjusted based on that shorter enrollment period. This could result in a reduction for what you are eligible to borrow. The amount listed in your award letter could be more than what you're eligible for. The amount will be revised by the college when they certify your loan.