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Summer Financial Aid
Summer Financial Aid
Enrolling Summer semester 2016? Action is required.
Review your award letter carefully.
Summer financial aid options consist of Federal Pell Grant and Federal Direct Loans. However if you exhaust your Pell Grant or Direct Loan eligibility during the 2015-16 academic year at CSCC or another institution you will not receive funds from either program for Summer semester. Therefore, if you want to “reserve” some of your eligibility for Summer semester 2016 you must complete an Award Revision Form. If you are not sure, a Financial Aid representative is available to assist you.
If you have Summer aid on your Financial Aid Award Letter, no further action is needed.
Amy is a 1st year “Independent” student who is eligible for a Pell grant. Additionally, she has been awarded her full student loan(s) eligibility. Amy is eligible for $5,775 in Pell grant, $3,500 in Subsidized loan, and $6,000 in Unsubsidized loan. All of her awards for the 2015-16 academic year are split evenly between Autumn semester 2015 and Spring semester 2016.
Amy (INDEPENDENT STUDENT) 2015-2016 Academic School Year
Autumn 2015 & Spring 2016
|AWARD NAME||TOTAL AWARD||AUTUMN15||SPRING16|
|Federal Pell Grant||$5,775.00||$2,888.00||$2,887.00|
|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|
Amy (1st year "Independent") decides she wants to attend Summer 2016. She wants her
financial aid to be split evenly between Autumn 2015, Spring 2016 and Summer 2016.
Her total award amounts do not increase.
NOTE: Pell grant funds must be awarded for Autumn 2015 and Spring 2016 – only loan amounts can be adjusted.
Amy’s (INDEPENDENT) 2015-2016 Academic School Year REVISED award due to adding Summer semester 2016
|AWARD NAME||TOTAL AWARD||AUTUMN15||SPRING16||SUMMER16|
|Federal Pell Grant||$5,775.00||$2,888.00||$2,887.00||$ 0|
|Federal Sub Loan D||$3,500.00||$1,167.00||$1,166.00||$1,166.00|
|Federal Unsub Loan||$6,000.00||$2,000.00||$2,000.00||$2,000.00|