Summer 2013 Financial Aid Eligibility:
Only matriculated students qualify for federal financial aid. To be eligible for loan aid in the summer you must also have:
- a completed 2013/2014 FAFSA
- combined summer registration of 6 credits or more
- a completed summer aid application
How to Apply:
- File the 2013/2014 FAFSA at www.fafsa.ed.gov.
- Register for your summer classes.
- Complete/submit our: SUMMER AID APPLICATION
- If you intend to use your summer aid funds to pay your summer bill- then contact the Office of Student Accounts to obtain a deferral on your summer invoice.
Awarding of Summer Funds:
Students who have complete FAFSAs will be offered an aid package on/after May 1st for the fall and spring semesters. Summer aid will be input for a revised package AFTER you accept your desired loan aid for the 13/14 year (the award will initially be offered for and split between fall/spring). See chart BELOW for loan amount information.
Loan Info:
Direct Student Loans have an annual 12 month loan limit. If you request summer loans your fall and spring loan aid will be reduced. You will be awarded 1/3 of your loan eligibility for summer, unless you specify otherwise in writing to our office.
This is an example to demonstrate how loans get allocated for a dependent senior undergrad receiving $7500/yr. YOUR YEARLY LOAN AMOUNTS MAY VARY FROM THIS EXAMPLE:
| enrollment of at least 6 credits in.... | SUMMER 2013 | FALL 2013 | SPRING 2014 |
| Fall/Spring | not enrolled | $3750 | $3750 |
| Summer/Fall/Spring | $2500 | $2500 | $2500 |
Pell Grant Info
All matriculated students who attend the summer term will be considered for a summer Pell payment if they have a Pell eligible EFC, regardless of the number of credits they are enrolled for. Pell payments will be prorated according to enrollment levels. Students should complete the Summer Aid Application to initiate the process of evaluating eligibility. Only students with complete FAFSA's on file can be considered. Summer Pell disbursements usually begin around the third week of July.
IMPORTANT: Please keep in mind that Pell awards received during the summer term will result in a reduced Pell for the following Spring semester as summer payments are taken out the academic year scheduled award.
See our grants page for more info on pell grant eligibility.
TAP Grant Information
Under certain circumstances, you can receive a TAP award for summer study that is in addition to your annual TAP award. Such additional awards for summer study are considered "accelerated" TAP. To read up on accelerated study and eligibility requirements – visit hesc.ny.gov and search for 'summer tap'. Also, to be considered for summer TAP you must complete the TAP application on hesc.ny.gov.
