SUMMER FINANCIAL AID INFORMATION
Applying for summer financial aid is fairly straightforward. However, the disbursement of your summer aid, as well as how your schedule changes, can cause you to be liable for repayment of your aid (unlike for the fall and spring semesters). This complexity is due to federal financial aid regulations and the variety of summer session lengths (i.e., 4 weeks, 8 weeks, etc.). So to help ensure you have a successful summer, please pay attention to the below reminders.
The priority deadline to submit your application is May 27, 2020.
Applying for Summer Financial Aid
Summer Pell Grant
- Even if you received Pell Grant as a full-time student for fall and spring, you can still receive the Pell Grant for the summer.
- Summer Pell Grant requires enrollment of at least six (6) degree-applicable credit hours for the summer semester(s).
- This federal funding is designed to encourage students to move toward on-time graduation.
- You must be Pell eligible and meeting Satisfactory Academic Progress (SAP) to receive the summer portion of the Pell Grant.
Eligibility for Summer Aid
- Summer is a continuation of the current school year. Federal loan eligibility in the summer is based on the remaining eligibility after fall and spring.
- Be enrolled at least half-time (a total of 6 hours that count toward your degree for undergraduates and a total of 5 hours that count toward your degree for graduates).
- Be a degree-seeking student (as opposed to a visiting or transient student).
- Meet all Satisfactory Academic Progress requirements.
Losing My Summer Aid Eligibility After Spring Grades Post
- Your summer aid is typically awarded before spring grades post in May.
- Once spring grades post in May, we are federally required to determine if you are meeting the Satisfactory Academic Progress (SAP) requirements.
- If you are not meeting the SAP requirements, you will lose financial aid eligibility.
How Schedule Chnages /Withdrwals Can Affect Your Awarding and Cause You to Owe
You may be required to repay all or a portion of your financial aid (or become Pell grant ineligible), if you:
- Drop a course from your schedule—even if you complete other courses in different summer sessions.
- Do not attend or complete the course hours that you originally indicated on your summer aid application.
- Do not attend or complete the entire period of enrollment (i.e., weeks or months) that you originally indicated on your summer aid application.
- So, be sure to visit with a financial aid representative before dropping a course.
If interested in receiving additional information, for summer financial aid, please contact our office at (573) 681-6156 or firstname.lastname@example.org.