Welcome to Arkansas State University!

Summer Financial Aid Information

Important Note:

Financial Aid eligibility for the Summer term will not be evaluated until the Spring 2014 term has ended.

Important Dates

  • May 15th, 2014 - Priority deadline for Summer Financial Aid.
  • June 30th, 2014 - Final Deadline for Summer Financial Aid.

Eligibility Requirements for Summer Financial Aid

  • Students must complete the 2013-2014 FAFSA online at www.fafsa.gov.  If you have already completed a 2013-2014 FAFSA, you do not need to complete a new one.
  • You must register for Summer 2014 Courses before your eligibility will be evaluated.
  • You must be fully admitted to a degree seeking program at ASUJ.
  • You must be making Satisfactory Academic Progress.
  • You cannot be in default on a student loan or owe a repayment to a Federal Grant.
  • Receipt of additional financial assistance from any source could affect Federal Aid eligibility.  Failure to report other sources of aid may result in required repayment of Federal Aid funds.

Pell

  • Students may only be eligible for Summer Pell Grant funds if they were enrolled less than full time during the Fall and/or Spring semesters and did not use all of their Pell Grant eligibility during the current academic year.
  • Graduate students are not eligible to receive a Pell Grant.

 Loans

  • You must be enrolled in at least half-time (6 ASUJ hours for Undergraduate students / 3 ASUJ hours for Graduate Students) to be eligible for a student loan.
  • The Financial Aid & Scholarships Office will evaluate eligibility for student loans.
  • Loans received in previous semesters for the 2013-2014 academic year will affect Summer 2014 loan eligibility.
  • Students who have already received the maximum loan amount(s) for the 2013-2014 academic year will not be eligible for summer loans.  If a student has progressed a grade level (i.e. Sophomore to Junior) additional funds may be available and eligibility will be evaluated.
  • Students who have reached the aggregate (lifetime) loan limits for their level are not eligible for additional loan funds.

Summer Disbursement of Funds

  • Pell Grants will be disbursed in the Summer Session where the student begins attendance. (i.e. If the student has 3 hours during the Summer 1 Session and 3 hours for the Summer 2 Session, the Pell Grant will be disbursed to the Student's account during the Summer 1 Session.  NOTE:  In this example, dropping the Summer 2 Session course before it begins would result in the student owing back Pell Grant money.)
  • Summer loans will be disbursed in the Summer Session where the student begins attendance.
  • IMPORTANT NOTE: Dropping courses may result in the student owing back money.  Any change in enrollment should be reported to the Financial Aid & Scholarships Office.

How to apply for Summer Financial Aid

  • The Financial Aid & Scholarships office will evaluate your eligibility once you have completed the steps below:
    • Complete the 2013-2014 FAFSA online at www.fafsa.gov.  If you have already completed a 2013-2014 FAFSA, you do not need to complete a new one.
    • Register for Summer Courses.  NOTE:  IF you change your Summer enrollment, you must notify the Financial Aid & Scholarships Office immediately.  Any change in enrollment could affect aid eligibility.
  • Once your eligibility has been evaluated, you will receive an email notification in your Astate email account.