Spring/Summer Financial Aid Information 2014
Are you planning to enroll in courses for Spring/Summer 2014? An important factor in planning for Spring/Summer is to review the amount of federal aid you have utilized during the Fall and Winter semesters as this may limit your eligibility for Spring/Summer aid (including federal student loans). To discuss your unique situation please contact us or stop by our office at 100 Student Services Building.
What requirements do I need to receive aid?
- File a 2013-2014 FAFSA.
- Have a completed spring/summer supplemental application on file.
- Must be enrolled at least half-time (6 credits as an undergraduate and 4.5 credits as a graduate/doctoral student). Full-time enrollment for spring/summer is 12 credits for an undergraduate and 9 credits for graduate/doctoral students.
- Enrollment for spring/summer is based on all credits attended for the semester (May-August).
- Must be meeting Financial Aid Satisfactory Academic Progress (SAP) criteria.
- Adjusting your spring/summer enrollment can significantly impact your aid eligibility. Click here for more information.
NOTE: You MUST complete the Spring/Summer Supplemental Application in order to receive financial aid for the summer. The application will be available starting February 3, 2014.
What type of aid am I eligible to receive?
- Federal Direct Loans are awarded to eligible students. Your award amount for the fall/winter and spring/summer may not exceed your annual limit.
- Federal Pell Grants are awarded to eligible students who were enrolled less than full-time during the fall and winter semesters.
- Federal Parent PLUS Loan is available to credit-worthy parents of dependent undergraduate students.
- Federal Graduate PLUS Loan is available to credit-worthy graduate or doctoral students.
- Alternative Loans are available to credit-worthy borrowers.
How do I accept my financial aid award?
- A financial aid award notification will be emailed to all students with aid eligibility. Review your aid amounts for spring/summer and contact our office to cancel or reduce a loan amount.
- All awards will be based on half-time attendance.
- Log in to the myBanner system to accept your aid electronically. If you need specific instructions regarding the process, please click here.
If I have accepted more money than the amount of my bill, when will I receive the excess?
- Starting Monday, May 12, 2014, our office reviews your enrollment status. Adjustments may be made to your award based on your enrollment. If you are not enrolled at least half-time, your award will be canceled.
- If you are enrolled in first six week courses you should receive your excess loan funds by Friday, May 16, 2014. You will know if an excess loan amount is coming to you if you see "Student Refund" on your eBill. Students enrolled in only second six week courses will receive excess loan funds July 4, 2014 - this is after the 100% refund period for second six week courses.
You are also able to charge against any excess for your books at the University Bookstore from April 21, 2014 through May 9, 2014.
NOTE: Please visit the Student Accounts website for payment due dates, deferment options, and to set up direct deposit.
Page last modified November 27, 2013