Summer Financial Aid
Enrolling Summer Semester 2024? Action is required.
Review your offer letter carefully on Financial Aid Self Service. Make sure you are reviewing the correct year for your plans of enrollment.
Summer financial aid options consist of Federal Pell Grant and Federal Direct Loans. Students eligible for the Pell Grant will have one additional full term award for Summer semester. This award is called "Year Round Pell." The amount will pro-rate based on your enrollment as described in the "Awards for Less Than Full Time" chart. If you used all of your awarded Pell Grant in Autumn and Spring semesters you must enroll at least half time to receive funds.
If you exhaust your Direct Loan eligibility during Autumn and Spring semesters at CSCC or another institution you will not receive funds for Summer semester. Therefore, if you want to “reserve” some of your Direct Loan eligibility for Summer semester you must complete an Award Revision Form. If you are not sure, a Financial Aid representative is available to assist you.
To reserve loan funds for the Summer 2024 semester, complete the 2023-24 Award Revision Form.
If you have Summer aid showing on your Financial Aid Self-Service, no further action is needed.
Example:
Amy is a 1st year “Independent” student who is eligible for a Pell Grant and plans to enroll only for Autumn and Spring semesters. Additionally, she has been awarded her full student loan(s) eligibility. Amy is eligible for $6,195 in Pell Grant, $3,500 in Subsidized loan, and $6,000 in Unsubsidized loan. All of her awards for the academic year are split evenly between Autumn semester and Spring semester.
Amy (INDEPENDENT STUDENT)
Autumn & Spring
AWARD NAME | TOTAL AWARD | AUTUMN | SPRING |
---|---|---|---|
Federal Pell Grant | $6,195.00 | $3,098.00 | $3,097.00 |
Federal Sub Loan D | $3,500.00 | $1,750.00 | $1,750.00 |
Federal Unsub Loan | $6,000.00 | $3,000.00 | $3,000.00 |
Award Total | $15,695.00 | $7,848.00 | $7,847.00 |
Amy decides she wants to attend Summer. She wants her financial aid to be split evenly among Autumn, Spring and Summer. Her total loan award amounts do not increase, however, her Pell Grant total is increased by one full time term amount.
NOTE: Year Round Pell Grant funds are reflected for Summer semester. Amounts will pro-rate based on hours enrolled. If Amy enrolls full time for Autumn and Spring she will need to enroll at least half time to be eligible for Summer semester. See "Awards for Less Than Full Time" chart for additional information.
Amy’s REVISED award due to adding awards for Summer semester
AWARD NAME | TOTAL AWARD | AUTUMN | SPRING | SUMMER |
---|---|---|---|---|
Federal Pell Grant | $9,293.00 | $3,098.00 | $3,097.00 | $ 3,098.00 |
Federal Sub Loan D | $3,500.00 | $1,167.00 | $1,167.00 | $1,166.00 |
Federal Unsub Loan | $6,000.00 | $2,000.00 | $2,000.00 | $2,000.00 |
Award Total | $18,793.00 | $6,265.00 | $6,264.00 | $6,264.00 |