2017 Summer Semester Financial Aid Information

Posted on Wednesday, March 1st, 2017 by fiaadm under News.

New for 2017:  There is no separate application for financial aid for the 2017 summer semester.  You simply need to be registered for summer 2017 coursework and meet all eligibility requirements below to be considered for financial aid for summer semester.  Summer aid processing will begin in mid-to-late March.  You will receive notification of your award status after we have reviewed your summer enrollment and aid eligibility.

Eligibility Requirements for Summer Session Financial Aid

Must be fully admitted to or currently enrolled in an eligible degree-seeking or certificate program at UNCG.  Note: Visiting, Visions and Express students are NOT eligible to receive aid.

Must have an active, complete 2016-2017 FAFSA on-file with UNCG.  All outstanding financial aid requirements must be satisfied before any financial aid can be processed.

Must be appropriately registered for summer 2017 courses at UNCG.

  • Must enroll at least half-time (6+ credit hours for undergraduate students and graduate licensure-only students; 4.5+ credit hours at the 500-level or higher for graduate students) in non-repeat coursework during summer to receive most types of financial aid. You may split your hours between sessions or take up to 7 hours in a single session.
  • Must adhere to University enrollment limits: summer enrollment for undergraduates is limited to no more than 7 hours in a single session and no more than 14 hours total for the full summer semester.  Please note that students who are currently on academic probation are limited to no more than 4 hours in a single session and no more than 8 hours total for the full summer semester.

Must be in compliance of the Satisfactory Academic Progress (SAP) policy.

Must complete all University requirements before you can receive financial aid (e.g., complete immunization requirements, submit final transcripts, satisfy outstanding prior balances, etc.).

Types of Aid Available

Your summer award offer will reflect your full eligibility for all types of available aid. The types of aid you may be eligible to receive are listed below:

Grants:  Federal and state grants are typically not available for Summer Semester.  However, some Pell Grant recipients may be eligible for Pell Grant funds during the summer if they attended less than full-time during the course of the 2016-2017 academic year and have remaining eligibility for funding.  Additionally, some Pell Grant recipients may be eligible for Pell Grant funds during the summer even if enrolled less than half-time.

Federal Student Loans:  Financial aid for summer generally consists of student loans.  Your eligibility for federal student loans during the summer is based on a number of factors:  your current grade level; the number of credit hours you will be taking during summer (must enroll at least half-time to qualify for student loans); how much you’ve already borrowed from the Federal Student Aid Loan Program during the current 2016-2017 academic year; and how much you’ve borrowed cumulatively from the Federal Student Aid Loan Program throughout your college career.  The UNCG Financial Aid Staff will take into account all above factors to determine your eligibility for student loans.

Federal Parent Loans (PLUS): For undergraduate students who have exhausted their own student loan borrowing eligibility for the current academic year, a parent may apply for a PLUS loan on their behalf.  Please find the instructions under our forms.

Graduate PLUS loans: For graduate students who have exhausted their own student loan borrowing eligibility for the current academic year, they may apply for a Graduate PLUS loan. Please find the instructions under our forms.

Information about yearly and aggregate (cumulative) student loan borrowing limits can be found at www.studentloans.gov

Disbursement of Financial Aid Funds

Summer financial aid will begin disbursing at the start of your first summer session of enrollment, provided  that you:  are still enrolled in the number of hours and sessions for which you were initially awarded; have no holds; still meet all eligibility requirements previously mentioned; and have paid any balance not covered by your financial aid award.  If your enrollment plans change before the start of classes but after your summer financial aid award is initially calculated, please complete the Summer Financial Aid Request to Adjust Hours Form to notify us of your new schedule.  We will need to adjust your summer award accordingly in order for your aid to disburse towards your tuition bill.

Special Notes

  • If you drop or withdraw from a class after your summer aid has disbursed, an adjustment to your aid may be required and you may owe a repayment of funds to the University.  If you drop or withdraw from a class after the add/drop period (usually the first two days of each summer session), your future aid eligibility may be affected.  Please read and understand the SAP policy.
  • Students cannot receive financial aid to re-take a course for which you’ve already previously earned a passing grade/credit hours. You can re-take a course for a grade replacement but it will be at your own expense.  We recommend that you consult with the Financial Aid Office and/or your academic advisor before attempting a repeat course during the summer semester so that we can best advise you of your options.
  • Students are ultimately responsible for their tuition bill.  If you are not eligible for summer financial aid, have outstanding requirements that need to be resolved before aid eligibility can be determined, or if your summer aid is processed after the bill due date due to late registration, you must pay your bill in order to secure your classes.  Students awarded summer financial aid after the bill has been paid out-of-pocket will receive a refund once their aid has disbursed.  For tuition payment and due date information, please visit the Cashiers and Student Accounts website.
  • We cannot guarantee that financial aid refunds will disburse by any specific date so plan accordingly for your personal expenses, especially books.

If you have additional questions after reading this information, please contact us so that we may assist you.