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Financial Aid for Summer 2018


Looking for information about options for funding the costs of
your summer courses? Click on the links below for details
about eligibility requirements and available financial aid.

 

    Eligibility

    Types of Aid

    Additional Information

    Frequently Asked Questions





Eligibility

All students who meet general eligibility requirements will be evaluated for financial aid once they are enrolled in summer courses. The following eligibility criteria also apply:

 •  You must have a valid Free Application for Federal Student Aid (FAFSA) for the 2017-2018
  academic year on file prior to June 30, 2018.

 •  You must be admitted into a degree-seeking program and enrolled at least half-time (at
  least 6 credit hours for undergraduate students and at least 4 credit hours for graduate
  students) for the summer term. Note: Federal Pell Grants can be awarded to qualified
  undergraduate students in less than 6 credit hours.

 •  You must meet Satisfactory Academic Progress (SAP) in order to be eligible for aid. SAP
  is determined after spring semester grades have posted. If you are not meeting SAP after the
  end of spring semester, you will immediately become ineligible for summer financial aid,
  including any previously awarded and/or disbursed summer funds. Cancellation of awarded
  financial aid funds may result in a balance due to the University.

 •  You must have completed any financial aid items on your One.IU To Do list.

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Types of Financial Aid

A number of different financial aid options may be available to you for the summer term. Click on each award to learn more about eligibility requirements for that funding. If you are awarded aid for the summer, you will receive a Financial Aid Notification (FAN) at your university email account that will list all of the awards that you are eligible to receive. You can also review your awards via One.IU.

 

Federal Pell Grants


Each award year, eligible students may receive up to three full-time semesters worth of Federal Pell Grant funding. The amount you could receive for the summer will be based on the amount of Pell Grant funding that you have already received during the 2017-2018 academic year and your enrollment level for the summer.

Students with Federal Pell Grant eligibility are automatically identified and awarded during the summer packaging process. There is no additional form or application required other than the FAFSA. Federal Pell Grant funds are disbursed ten days before the first day of your summer class(es). The amount is based on your enrollment level at that time. Your final award will be determined by your enrollment level at the Federal Pell Grant census date. Classes added after the Pell census date, whether for Summer I or Summer II, will not be included when determining eligibility for Federal Pell Grants. However, classes dropped after that day may initiate a recalculation of eligibility for financial aid.

Any change in enrollment could result in a change in financial aid eligibility. Decreases in enrolled credit hours, non-attendance in a class, or a total or unofficial withdrawal from summer classes may result in changes to financial aid already awarded. Students who decrease enrollment or totally withdraw from classes after aid has already been received may lose eligibility for Federal Pell Grant, which may include having to return funds already received. This likely would result in a balance due to IUPUI which could impact future services.

Federal Direct Student Loans


All students are evaluated for Federal Direct Loan eligibility. Students are limited to an annual amount each academic year. If you received your full amount in Federal Direct Loans during the fall 2017 and spring 2018 semesters, you will not be eligible for Direct Loans in the summer. If you did not use all of your available loans or canceled or returned your Direct Loans during the 2017-2018 academic year, you may have remaining eligibility for Federal Direct Loans during the summer. In order to receive Direct Loans, you must be enrolled at least half-time (at least 6 credit hours for undergraduate students and at least 4 credit hours for graduate students). You must also actively accept your offered loans via One.IU. Loans will not be disbursed unless you actively accept the loan amount.

Federal Direct Loans are disbursed ten days before the first day of your summer class(es). Any change in enrollment could result in a change in financial aid eligibility. Decreases in enrolled credit hours, non-attendance in a class, or a total or unofficial withdrawal from summer classes may result in changes to financial aid already awarded. Students who decrease enrollment or totally withdraw from classes after aid has already been received may lose eligibility for Federal Pell Grant, which may include having to return funds already received. This likely would result in a balance due to IUPUI which could impact future services.

If you have not previously borrowed Federal Student Loans, you must also complete a Master Promissory Note (MPN) and Entrance Counseling session for your loan. Both of these documents may be completed at studentloans.gov. The MPN and Entrance Counseling must be completed before your loan funds will disburse. For assistance with these steps, access our tutorials on completing the MPN and Entrance Counseling.

Federal Direct PLUS Loans and Private Loans


If you are a dependent student for financial aid purposes, a parent may apply to borrow funds for you through the Federal Direct Parent PLUS loan program. The parent will need to apply using his or her own Federal Student Aid (FSA) ID username and password. Graduate students may also apply to receive funds through the Federal Direct Graduate PLUS loan program. Visit this page for more information about the Federal Direct PLUS Loan program, including information on the application process and loan terms.

Students and parents may also consider private loans as a means to help cover summer costs. There are a number of factors to review when considering private or alternative loan funding. Visit this page for more information about private loans, including details about the pros and cons of this option.

The process of certifying Federal Direct PLUS Loans and private loans will begin around April 1, 2018. Verification of summer 2018 enrollment and meeting the previously listed eligibility requirements are required in order for these loans to be certified and disburse.

Child of Veteran and Public Safety Officer Supplemental Grant Program


If you qualify for the Child of Veteran and Public Safety Officer Supplemental Grant Program (CVO) and have a valid 2017-2018 FAFSA on file and a valid CVO program application on file, your summer registration will prompt our office to apply this fee remission to your student account.


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Additional Information


New Students

New to IUPUI this summer? Make certain that you have completed your 2017-2018 FAFSA and listed IUPUI (school code 001813) as one of your school choices. If you have not previously borrowed Federal Student Loans, you must also complete a Master Promissory Note (MPN) and Entrance Counseling session for your loan. Both of these documents may be completed at studentloans.gov. The MPN and Entrance Counseling must be completed before your loan funds will disburse. For assistance with these steps, access our tutorials on completing the MPN and Entrance Counseling.

Summer Study Abroad

Considering a study abroad experience this summer? Click here to learn more about financial aid can help cover your expenses for a study abroad program.

Purdue University (West Lafayette) Students Attending IUPUI

Are you a student at Purdue University (West Lafayette)? Students seeking a degree at Purdue University (West Lafayette) who plan to enroll at IUPUI on a temporary basis for the 2018 summer term may be eligible to receive financial aid through Purdue. Please visit www.purdue.edu/dfa/howtoapply/summer.php for more information about this process.

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