Summer Financial Aid

Click here to review the FAU Financial Aid Guide.

Starting February 2, 2015, students may request financial aid for the SUMMER 2015 term by completing a Summer 2015 Financial Aid Application on Self-Service via MyFAU. Summer Awarding will begin mid-April (note: continuing students must be registered in Summer 2015 courses at FAU for their application to be processed). Students are advised to apply early as Summer funding is limited (programs such as Florida Bright Futures, First Generation Grant, and FSAG are not available in Summer).

The Summer 2015 Financial Aid Application can be accessed and completed through the following steps:

  1.  Log in to MyFAU
  2. Click on the Money Matters tab.
  3. Click on “View My Financial Aid Information”.
  4. Click on the “Financial Aid Status” tile box.
  5. When selecting “Aid Year”, select “Award Year 2014 – 2015”.

After completing the above steps, a message will appear at the top of the “Financial Aid Status” page (below the counselor contact information) containing a link to the Summer Application.

The Summer 2015 Financial Aid Application consists of 5 Questions. Students must answer ALL 5 of the questions for their Summer Application to be processed.

Students must also meet the following criteria for their application to be processed:

  • If previously enrolled at FAU, the student must be registered for Summer 2015 courses at FAU.
  • The student must have a completed a 2014-2015 FAFSA on file with FAU.
  • The student must have no unsatisfied financial aid requirements for the 2014-2015 year. Unsatisfied requirements will be displayed when viewing the Financial Aid Status (click here for instructions on how to view financial aid status).
  • The applicant MUST satisfy all general aid eligibility requirements.

REQUEST FOR SUMMER 2015 FINANCIAL AID WILL NOT BE PROCESSED IF THE CRITERIA ABOVE IS NOT MET.   

 

Click below for details regarding Summer 2015 processing policies with respect to the following topics:

Advance Registration begins March 23, 2015 for Summer 2015 (click here to view the 2014-2015 Academic Calendar). Financial Aid applicants must be registered and attend at least half time to be considered eligible for most forms of aid (see the FAU Enrollment Requirements section below for definition of half-time enrollment). Registration for ALL Summer Terms 1, 2 and 3 must be completed by Summer Term 1 drop/add deadline of May 15, 2015. Courses registered after May 15, 2015 may not be eligible for financial aid funding (exceptions made for students attending Summer Term 3 who have NO Summer Term 1 or Summer Term 2 registration activity).

To be considered eligible for most forms of financial aid, students must attend at least half-time at FAU (see the tables below for enrollment classification criteria).

UNDERGRADUATE STUDENTS

(STUDENTS ADMITTED TO A BACHELORS DEGREE PROGRAM)

To be considered

Your Summer 2015 FAU enrollment must be

Full Time

12 or more credits

Three Quarter-Time

9 – 11 credits

Half Time

6 – 8 credits

 

GRADUATE STUDENTS

(STUDENTS ADMITTED TO MASTERS OR DOCTORAL DEGREE PROGRAM)

To be considered

Your Summer 2015 FAU enrollment must be

Full Time

6 or more credits

Three Quarter-Time

5 credits

Half Time

3 – 4 credits

Students not enrolled at least half-time at FAU will be viewed as INELIGIBLE for ALL financial aid funding with the exception of Federal Pell Grant funding (if student qualifies) and certain private/alternative loan products. Consortium students (students taking ZERO credits at FAU but planning to receive aid from FAU while attending at another institution) should refer to the Consortium Student section. Please be advised that, regardless of award projections, disbursements will be calculated based on the student’s enrollment at the end of drop/add week and may be reduced from the projected amount if the student is not attending full time.

Limited Eligibility of Repeated Courses for Title IV Funding: Federal Regulations prohibit a student from receiving Title IV funding for more than one graded repeat attempt of a course which has previously been completed with a non-failing grade. Any attempts in excess of the one additional graded attempt allowed by regulations will be ineligible for Title IV funding. Exceptions may be made for cases where the student’s program requires enrollment in same course on a continuing basis over several semesters, with each attempt having significantly different course content (such as fine arts or thesis/dissertation courses).

Students must confirm their course entry by completing the Mandatory Course Entry Survey for each registered class during the drop/add period for the course. Confirmation of course entry is a prerequisite for Title IV funds to disburse for the course. Additional details regarding the Mandatory Course Entry Survey can be found here.

There are two programs available for FAU financial aid recipients to obtain funding for textbook purchases. Click on the hyperlinks below for details on each program:

  • The Short Term Advance (application available starting April 24), can be used anywhere for a variety of purchases. It is a cash advance directly deposited into your bank account. Summer 2015 Short Term Advance disbursements will begin on May 6 to applicants who qualify.
  • The FAU Bookstore Line of Credit, available starting May 1 to students who qualify, can be used to purchase textbooks at the FAU Bookstore both online and in store.

Note: If half-time enrollment is contingent upon Summer Term 3 credit hours, funding for these programs will not be available until the week prior to the start of Summer Term 3.

Summer 2015 tuition and fees will be automatically postponed for all students who meet the following 3 criteria for Summer 2015 by May 15, 2015:

  1. The student is admitted to a degree program.
  2. The student is enrolled at least half time at FAU in credits eligible for Title IV funding (see FAU Enrollment Requirements above for definition of half time – exceptions made for Federal Pell Grant recipients).
  3. The student has an accepted Summer 2015 financial aid award other than Federal Work Study.

Students who do not qualify for postponement of their payment deadline may be assessed a late payment fee, and potentially other penalties, if they do not make payment arrangements with the FAU Controller's Office within the published deadlines on the Fee Payment Information Bulletin. Details on fee payment deadlines are posted in the FAU Controller's Office Fee Payment Information Bulletin found HERE .

You are fee liable for any course you remain enrolled in after the course's drop/add period expires. With this in mind, it is important you formally withdraw from all courses you will not be attending prior to the end of the course's drop/add period. Circumstances such as failure to attend classes, failure to complete disbursement requirements, the cancellation of financial aid, or moving out of the dormitory, will NOT release you from fee liability.

Students must be enrolled half time to be eligible for disbursement of most awards (exceptions made for Federal Pell Grant and certain alterative/private loan products). See the FAU Enrollment Requirements section above for definition of half time enrollment. NOTE: With the exception of Federal Pell Grants and certain alterative/private loan products, disbursement of aid is based on FAU credits ONLY.

State Programs such as Florida Bright Futures, First Generation Grant, and FSAG are not available in Summer.

Loans will disburse approximately 1 week after Summer (1,2) drop/add to students enrolled half time for Summer 2015 and attending 1 or more Summer Term 1 or Term 2 credits. If this criteria is not met, the loan(s) will not disburse until the first week of Summer Term 3.

Notes on Loans: There are Direct Loan limits which represent the maximum students are allowed to borrow through the Federal Direct Loan Program. Students interested in obtaining Direct Loan funding for Summer 2015 should review the Annual/Aggregate Direct Loan Limits posted here to determine their remaining annual/aggregate eligibility.

If you or your parents are interested in receiving a Parent PLUS, Graduate PLUS or a Private/Alternative Loan, information on these programs can be found on the Office of Student Financial Aid Loan website .  

FAU Grants, SEOG, and Perkins Loans will disburse approximately 1 week after Summer (1,2) drop/add to students enrolled half time for Summer 2015 and have a combined Summer Term 1 and Term 2 enrollment status of half time or more. If this criteria is not met, these funds will not disburse until after the Summer Term 3 drop/add. NOTE: SEOG and Perkins Loan disbursements are based on courses where the Mandatory Course Entry Survey has been completed.

Federal Pell Grants will not disburse until the drop/add period has ended for all Summer 2015 courses for which the student is registered. NOTE: Federal Pell Grant disbursement is based on courses where the Mandatory Course Entry Survey has been completed.

Note on Pell Grants: Students are eligible to receive a maximum of 2 full time Federal Pell Grant disbursements in the 2014-2015 year. If you have received Federal Pell Grant funding in both Fall 2014 and Spring 2015 for 12 or more credits of undergraduate enrollment each semester, it is likely you have exhausted your annual eligibility and will be ineligible to receive Federal Pell Grant funding in Summer 2015. Students who have received Federal Pell Grant funding for 11 or more semesters of full time enrollment (or its equivalent) will have limited remaining Federal Pell Grant eligibility in compliance with the U.S. Department Of Education Pell Lifetime Eligibility Limits explained HERE .
Students who will be enrolled at BOTH FAU AND ANOTHER INSTITUTION for Summer 2015 must submit concurrent enrollment paperwork in order to have their financial aid eligibility based on their combined enrollment at both institutions (see the Transient Terms and Conditions Form for details).
Students who will not be attending FAU for Summer 2015 and are seeking aid from FAU for enrollment EXCLUSIVELY AT ANOTHER INSTITUTION for Summer 2015 must have a consortium agreement completed between FAU and the host institution the student is visiting (see the Transient Terms and Conditions Form for details).
Students who are viewed as withdrawn from the Summer 2015 semester may be required to repay some or all of their previously disbursed aid. Students withdrawing from ALL their Summer Term 1 AND Summer Term 2 courses will be viewed as withdrawn from the semester, even if they are registered for Summer Term 3, unless they provide the Office of Student Financial Aid a completed "Confirmation of Summer 3 Attendance" form within 10 calendar days of their withdrawal. This form can be downloaded HERE.
 Last Modified 1/28/15