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Summer Aid


Course registration for Summer 2017 will begin in early-March. Summer requires a separate application for Financial Aid, which will be available in mid-April, 2017.  Summer processing begins mid-May 2017.



Eligibility


To be eligible, the student must:

1.  Apply.

  • Students who have not already done so must file a 2016-2017 FAFSA by June 30, 2017.
  • Students also must complete a Summer Aid Request Form no later than June 24, 2017. Our office will attempt to process late submissions but cannot guarantee their approval.
  • Students requesting federal loans must submit the Summer Aid Request Form prior to the last day of the session(s) in which the student is enrolled.

2.  Be degree-seeking at ISU.

  • Students are required to be seeking ISU degrees or eligible teacher certifications in order to receive federal financial aid. This is a federal requirement.
  • ISU students who wish to take classes from other institutions for transfer to their ISU degree programs must complete and submit this Consortium Agreement to allow ISU to process their financial aid for credit earned at other institutions.
  • Visiting students (pursuing degrees from other institutions and taking classes at ISU during the summer) should have a consortium agreement completed between the two schools to allow their home schools to process summer aid while including their ISU hours of enrollment. Not all schools participate in consortium arrangements. Check with your home school for details.

3.  Make Satisfactory Academic Progress (SAP).

  • This requires spring 2017 academic progress information to be available.  Due to this requirement most students will not be notified of eligibility until after spring grades are posted (May 16).

4.  Enroll at least half-time.

  • All summer terms are combined for financial aid enrollment purposes.
  • Undergraduate students must be enrolled in at least 6 combined credit hours for half-time status.
  • Graduate students must be enrolled in at least 5 credit hours for half-time status.

NOTE: Students must be enrolled and attending at least half-time for aid to disburse. Disbursement occurs when student reaches half-time enrollment. Students should be prepared to pay for initial expenses themselves if facing this enrollment situation.


Types of Awards


Financial aid for the summer is extremely limited. In general, summer aid is limited to awards that the student did not use during the academic year. For most students, eligibility is usually limited to the remaining amount of Federal Stafford Loans (if the student did not borrow their entire allocation during the academic year).

In addition, if funding is available, students may be able to use the following award types:

  • CVO, Child of Certain Veterans and Public Safety Officer Supplemental Grant
    • The student must submit a one-time application in ScholarTrack.  Application will be routed for review with the following:
      • Child or Spouse of Indiana National Guard by Indiana National Guard
      • Child or Spouse of a Public Safety Officers by Commissions for Higher Education
      • Child of Disabled Veteran or Child of Purple Heart Recipients by Indiana Department of Veterans' Affairs
      • Former Student of Indiana Soldiers' and Sailors' Children's Home by Indiana Department of Veterans' Affairs
      • Indiana Purple Heart Recipients by Indiana Department of Veterans' Affairs
    • Must complete a Summer Aid Request Form.
  • Federal Pell Grant
    • If the student did not use the full time allowance of the Pell Grant during the fall or spring semesters.
    • Funds will not be applied to students account until the 7th day after class begins.
  • Federal Perkins Loan
    • Must be enrolled/attending 6 credit hours before June 30, 2017
    • Summer award amount is $750.
  • Federal Supplemental Educational Opportunity Grant (FSEOG)
    • Must be enrolled/attending 6 credit hours before June 30, 2017.
    • Summer award amount is $250.
  • Staff/Spouse/Dependent Employee Fee Waiver
  • Summer Graduation Incentive
    • Available for graduating seniors in their last semester.
  • Summer On Track Award
    • Available for recipients of State Aid (21st Century or IN Higher Education Award) who are just shy of meeting award renewal criteria.

Borrowers may use additional loan options during the summer as well. Please note that these options require a separate application.  Be sure to select Summer 2017 when choosing a term.  Loan eligibility is based on academic standing at the beginning of the academic year.  For summer 2017, class standing will be evaluated on Fall 2016.

Summer Graduation Initiative


If you're not able to complete your degree by May, ISU is offering a special opportunity to help you complete your degree this summer. If you have 15 or fewer credit hours to complete in order to graduate, then you may qualify to participate in a special opportunity that will provide discounted summer tuition. In order to qualify for this Summer Graduation Initiative, you must:

  • Have started at ISU during the fall semester of 2013 as a new freshman.
  • Complete a plan of study with your academic advisor to ensure you are eligible to graduate this summer.
  • Register for all summer classes necessary to meet graduation requirements.
  • Successfully complete all summer classes.

ISU will discount your summer tuition by 50% if you pass all of your classes and graduate by August.

If you desire to participate in this opportunity, please complete the two documents below and return them to the Office of Student Success in Stalker Hall 215. Please note that you must have the signature of your Dean's Office on the plan of study and that you must return the forms personally to the Office of Student Success. If you have any questions, please contact Ms. Rhonda Beecroft at rhonda.beecroft@indstate.edu or 812-237-8378 to learn more about the specific steps you need to take in order to participate.

Summer On Track Award


Indiana State University is offering a supplemental grant program to assist state aid recipients in reaching the credit hour requirements needed to graduate within 4 years – the “On Track” Award.

This award will be available to assist students with tuition and textbooks for up to six credit hours during Summer 2017. This award will only pay for the number of credit hours needed to meet the requirements. For example, a freshman with 27 hours earned at the end of spring will only receive payment for 3 credit hours so that he or she may reach 30 cumulative hours by the end of summer.

Eligibility Requirements:

  • Must complete a Summer Aid Request Form and submit before the last day of class.
  • Be in good academic standing (Satisfactory Academic Progress, SAP);
  • Be enrolled Fall and/or Spring at Indiana State University, and received the 21st Century or IN Higher Education Award.  A student cannot use this on a consortium.
  • Be within 6 credit hours of meeting the credit completion requirements as specified by the IN Commission for Higher Education at the conclusion of Spring 2017; and
  • Appeals will not be accepted

Amounts are as follows:

  • 0-3 hours needed: a total of $1,030 ($930 for Tuition, $100 for Textbooks).
  • 4-6 hours needed: a total of $2,060 ($1,860 for Tuition, $200 for Textbooks).

Awards may not be used to generate a financial refund and may be used for ISU courses only.  Availability is contingent on allocation of funds.

Other Policies

  • Withdrawal: Aid is calculated based upon enrollment and is subject to change at any time based on credit hours or non-attendance. Students who are considering dropping or withdrawing from classes should speak about this issue with a financial aid counselor prior to changing their class schedules. To officially withdraw, students must contact the Office of Registration and Records.
     
  • Basic eligibility rules apply.
     
  • Refunds are issued on a rolling basis as aid disburses. Aid disburses when the student begins his or her 6th credit hour of enrollment (5th hour for graduate students). For many students, this means the refund will not be issued until after the start of summer classes.


Contact

Student Financial Aid
220 North 7th Street
150 Tirey Hall
Indiana State University
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