How to apply for Summer Financial Aid

Summer 2014

Financial Aid Application Procedures

Click Here for the Summer Financial Aid Application
THE FINANCIAL AID OFFICE WILL START PROCESSING SUMMER AID APPLICATIONS THE WEEK OF MARCH 18TH.

Federal and State Financial Aid is available for students who will be enrolled at Fredonia during Summer 2014. Students applying for summer financial aid must complete both the 2014-2015 Free Application for Federal Student Aid (FAFSA) and the Summer Financial Aid Application and return it to the Financial Aid Office.

Please allow 2-3 the weeks for your summer aid application to be processed.

Visit the Summer Sessions website for more information regarding class registration.

Summer Aid Available at SUNY Fredonia

FEDERAL TEACH GRANT

  • Must meet TEACH eligibility requirements, including academic certification.  Please click here for more information regarding TEACH eligibility.
  • TEACH Entrance Counseling and the Agreement To Serve (ATS) must be completed in order for TEACH to be used as credit towards your bill.
  • Students can only receive a total of $16,000 in undergraduate and a total of $8,000 in graduate study.
  • TEACH will not be paid and potentially refunded until the middle of July for Summer 1 and/or Summer 2.

PELL GRANT

  • Pell will not be paid and potentially refunded until the middle of July for Summer 1 and/or Summer 2
  • Only used as credit towards your bill if it is an authorized amount.
  • If you choose to take the Pell Grant in Summer 2014, your Spring 2015 award will be reduced by your Summer Pell award.

TAP GRANT

  • Must be a New York State resident.
  • Must be enrolled a minimum of 6 credit hours during Summer 1 and/or Summer 2 and meet New York State income guidelines and be taking classes at SUNY Fredonia in the summer.
  • Must have accrued 24 credit hours in the previous two consecutive semesters at SUNY Fredonia.
  • Cannot be used as a credit towards direct Summer charges (tuition/fees).
  • Not paid to you until October 2015 as per New York State TAP regulations.
STAFFORD LOAN (SUBSIDIZED AND UNSUBSIDIZED)
  • Receipt of Stafford Loan in Summer will decrease the amount available during the subsequent Fall/Spring semesters. Federal Regulations allow an annual 12 month maximum loan limit depending on your year in college. Loan limits are as follows: Freshmen $5,500; Sophomore $6,500; Junior & Senior $7,500.
  • First Time Stafford Loan Borrowers must click here to begin the Stafford Loan process and complete the Entrance Counseling and the Federal Direct on-line Master Promissory Note (eMPN).
  • Used as credit towards your bill when the loan has been Approved.
  • Must be enrolled a minimum of 6 credit hours during May Term / Summer 1 and / or Summer 2.

FEDERAL PLUS LOAN

  • Must be enrolled a minimum of 6 credit hours during May Term / Summer 1 and / or Summer 2.
  • Click here to apply on-line for a Federal Plus Loan.
  • Used as a credit towards your bill when the loan has been Approved.
ALTERNATIVE LOANS
  • Click here to apply on-line for an Alternative Loan.
  • Notification of approval or denial will be sent to you by your lender.  It is imperative that you complete and return all necessary documents sent to you by the lender.
  • Used as a credit towards your bill when the loan has been certified by the Financial Aid Office and subsequently  approved/guaranteedby your lender.
  • Students who are taking less than 6 credit hours need to check with their lender of choice before applying for a loan in order to determine if they are eligible for that loan at their less than half time status.
  • Due to federal legislation tied to additional private loan disclosure notices and self-certification requirements, please note that processing time will be considerably lengthened with your lender.  Be sure to apply early.
Scheduled Disbursement Dates

Stafford and Plus Loans
1st Disbursement Date:   
6 or more credit hours in May Term / Summer Session 1
06/04/14
2nd Disbursement Date: 
6 or more credit hours at the end of the drop period for Summer Session 2
07/09/14

Alternative Loans
Summer Session 1 only: 06/04/14
Summer Session 2 only: 07/09/14

*Students taking less then 6 credit hours in May Term / Summer Session 1 may only use an approved Alternative Loan, TEACH, or Pell for deferral. All others must pay at the time of registration. If Summer Session 2 registration allows the student to be eligible for Stafford Loans, they may be eligible to defer the Summer Session 2 payment.

Page modified 8/4/14