Special Awards – Summer Awards

Important 2014 Summer Financial Aid Information

Awarding of financial aid for Summer 2014 will begin in March 2014 and will continue through the summer term.

Student summer award funds are based on allocations from the state and federal government and could change without notice.

 

Federal Regulations

Students who received 100% of their scheduled Pell award in both the Fall and Spring semesters will not be eligible to receive Pell during the Summer semester.
Pell Grant recipients enrolled less than full-time Fall and/or Spring may still qualify for a summer Pell Grant–the amount of the award will be based on remaining Pell Grant eligibility.

Pell disburses based on the number of hours a student is verified as attending. In order to receive 100% of an award, a student must be enrolled full-time. Full-time for financial aid purposes for undergraduate students is 12 hours for the Summer semester.

Students who received their first Pell Grant on or after July 1, 2008 may receive Pell Grant for a total of (or the equivalent of) twelve semesters.
Calculation of the annual Stafford student loan limits will remain the same; students who receive their full annual loan during the Fall and Spring semesters will not have Stafford loan eligibility for Summer 2014.

Students must be making Satisfactory Academic Progress (SAP) to qualify. Please click HERE for more information about the SAP policy.

 

 

Summer Pell Grants In the 2013-2014 academic year, students are eligible for only one scheduled award of Federal Pell Grant. If students receive 100% of their award in both the Fall 2013 and Spring 2014 semesters, they will not be eligible to receive Pell for the Summer 2014 semester. If a student is enrolled less than half-time for either Fall 2013 or Spring 2014, he may be eligible to receive the remaining Pell award for Summer 2014.
Summer Pell funds will not disburse until the student’s class attendance has been verified.
Examples

Joe Smith – Pell eligibility for 2013-2014 = $5,000

Fall 2013

Spring 2014

Summer 2014

Total

Hours Enrolled

12

14

10

Pell Awarded

$2,500

$2,500

$0

Pell Received

$2,500

$2,500

$0

$5,000

Joe Smith – Pell eligibility for 2012-2013 = $5,000

Fall 2012

Spring 2013

Summer 2013

Total

Hours Enrolled

6

14

10

Pell Awarded

$2,500

$2,500

$1,250

Pell Received

$1,250

$2,500

$1,250

$5,000

 

Financial Aid for Summer

In order to be awarded financial aid for Summer, you must first register for summer classes.
Once you register for summer classes, your financial aid will be reviewed (remember, for federal loans you must register at least half-time; 6 credit hours undergraduate, 3 credit hours graduate). Your summer financial aid award information may be checked on WINGS through My.GeorgiaSouthern.edu.

Important Info About Summer Loans

Summer loans are awarded based on remaining eligibility of yearly loan limits. If a student maximizes his yearly loans in the Fall and Spring semesters and does not advance a grade level, he will have no loan monies remaining for Summer 2014. *Please note that loan levels do not increase when you transition from Junior to Senior status; therefore, Juniors who maximize their loans for Fall and Spring will not have any loan monies left for Summer.

If you are a dependent student, have already received the maximum amount in loans, and you and your parent feel you need additional funds, then apply for the William D. Ford Federal Direct PLUS Loan. Applications can be printed from our website HERE. Another option (for both dependent and independent students) would be a Private/Alternative Loan. Information on this can be found HERE.

If you are awarded a summer Stafford and/or PLUS loan(s), the funds will be disbursed to your account, if you are enrolled at least half-time and have been verified as attending at least one class. Your class attendance in subsequent terms will be verified once those classes begin (for example, after June 23rd for term B). Once the loan(s) has/have disbursed, you will not be allowed to adjust (drop/delete) your class schedule to less than half-time enrollment. If you do not attend your class(es) in subsequent terms and fall below half-time enrollment as a result, you will receive a grade of “W” for the class(es).

It is your responsibility to understand your financial aid eligibility. If additional information is received (example: Outside Scholarship), your financial aid may be adjusted. If the aid has already been disbursed to your Office of Student Fees account, you will be required to repay all funds for which you are no longer eligible.

No refund checks are available until approximately two weeks after your class attendance has been verified by your professor/instructor.
You must be making Satisfactory Academic Progress (SAP) to receive your summer money. Our office will check your grades and hours earned at the end of spring to determine if you are making SAP.

No loans, Federal Direct Stafford or PLUS, will be processed after June 30, 2014.

The University Bookstore credit will be available in May 2014 for those students with an estimated refund showing on their Summer Invoice.

If you are awarded Summer financial aid and decide that you DO NOT want it, you MUST let us know by May 30, 2014! Contact your financial aid counselor or email us at finaid@georgiasouthern.edu.

Attending First Class Meeting

University policy requires all students to attend the first class meeting of all classes for which they are registered. Students who do not attend the first class meeting of a course for which they are registered will be dropped from the course. This policy applies to all levels of courses. It is the student’s responsibility to verify course drops and check that fees are adjusted. If you have questions, contact the Registrar’s Office at: students.georgiasouthern.edu/registrar/

Financial Aid • PO Box 8065 • Statesboro, Georgia 30460 • (912) 478-5413 • finaid@georgiasouthern.edu