Students may request financial aid for SUMMER 2010 on Self-Service beginning February 1, 2010 exclusively on Self-Service via MyFAU. Apply early because funds will be available on a first-come first-served basis. If funds are needed to purchase textbooks for SUMMER terms, the Short Term Advance application will be available on April 30, 2010, but the first disbursement will NOT be until the first day of classes.
- Log on to MyFAU
- Click on the "Money Matters!" tab
- Click on the "Request for SUMMER 2010 Financial Aid" link
- Click on the "Financial Aid" tab
- Click on the "My Award Information" link
- Click on the "Award for Aid Year" link (select award year 2009-2010 if prompted)
- Click on the "Resources/Additional Information" tab
Short Term Advance Important Note:
If half-time enrollment is contingent upon Summer term 3 credit hours, the Short Term Advance will NOT disburse until AFTER the drop/add deadline of Summer term 3, unless you are also registered in Summer terms 1 and/or 2.
Students requesting to be processed for financial aid for the Summer 2010 terms, must meet the following requirements:
- The applicant must have completed a 2009-2010 FAFSA and must have it on file in the FAU Office of Student Financial Aid.
- The applicant must have NO unsatisfied document requirements.
- The applicant must meet all other general aid requirements (including admission to an eligible degree.
- The applicant must respond to ALL questions regarding summer financial aid on Self-Service.
THE SUMMER 2010 TERM REQUEST FOR FINANCIAL AID WILL NOT BE PROCESSED IF THE CRITERIA ABOVE IS NOT MET.
Many funds are limited in availability and will be awarded based on the date the student has satisfied the requirements above. Financial Aid from the State is NOT available during SUMMER terms (i.e. FSAG, Bright Futures). You are also responsible for adhering to all of the conditions listed below.
FAU ENROLLMENT
To be considered eligible for most forms of financial aid, you must attend at least half-time at FAU. See the REGISTRATION section below for definition of half-time enrollment. If you are not enrolled at least half-time at FAU, you will be viewed as INELIGIBLE for ALL financial aid funding with the exception of Federal Pell Grant funding (if you qualify) 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 below.
CONCURRENT ENROLLMENT
Students who are planning to take courses at another institution in addition to taking courses at FAU must submit concurrent enrollment paperwork in order to have their financial aid eligibility based on their combined enrollment at both institutions. To be considered eligible for most forms of financial aid, concurrently enrolled students must attend at least half-time at FAU. See the REGISTRATION section below for definition of half-time enrollment. If a concurrently enrolled student is not attending at least half-time at FAU, they will be viewed as INELIGIBLE for ALL financial aid funding with the exception of Federal Pell Grant funding (if they qualify) and certain private/alternative loan products. The Concurrent Enrollment Form is available online in .pdf format for you to download and print.
Submission of ALL Concurrent Paperwork for SUMMER is to be dated & submitted to the FAU Office of Student Financial Aid AFTER the last session drop/add deadline of the host school (see dates below):
- Broward College: TBA
- Indian River State College: TBA
- Miami Dade College: TBA
- Palm Beach Community College: TBA
CONSORTIUM STUDENTS
Consortium students are defined as students taking ZERO credits at FAU for ALL SUMMER 2010 terms but planning to receive aid from FAU while attending another institution. For consortium students to be considered eligible for most forms of financial aid, the student must attend at least half-time at their Host Institution. A consortium student who is not attending at least half-time at their host institution will be viewed as INELIGIBLE for ALL financial aid funding with the exception of Federal Pell Grant funding (if they qualify) and certain private/alternative loan products. Consortium Students should review and complete the Consortium Student Information Packet. This packet is available online in .pdf format for you to download and print.
REGISTERING FOR COURSES
Advance Registration begins April 2, 2010 for SUMMER 2010 and FALL 2010. Financial Aid applicants MUST be registered and remain at least half time (see criteria below for definition of half-time enrollment) regardless of term(s) the student plans to attend. ALL summer class registration for Term 1, 2 or 3 must be completed by Summer Term 1 drop/add deadline of May 21, 2010. Click here to view the Academic Calendar. With the exception of Consortium Students (see above), students not attending 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 they qualify) and certain private/alternative loan products. Please be advised that, regardless of award projections, all types of grant support are directly linked to the hours attending. At the end of drop/add week, it is your final enrollment upon which grant disbursements will be calculated. Grants may be reduced based on changes in hours enrolled. Enrollment classification is determined according to the table below:
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| FULL TIME ENROLLMENT |
CREDIT HOURS |
| Undergraduate (including second bachelors) |
12 hours |
| Graduate |
6 hours |
| 3/4 TIME ENROLLMENT |
CREDIT HOURS |
| Undergraduate (including second bachelors) |
9 hours |
| Graduate |
5 hours |
| 1/2 TIME ENROLLMENT |
CREDIT HOURS |
| Undergraduate (including second bachelors) |
6 hours |
| Graduate |
3 hours |
| LESS THAN HALF TIME |
CREDIT HOURS |
You will NOT be eligible for grants if you are enrolled less than ½ time at FAU. In some cases, Federal PELL Grant recipients may be eligible to receive their PELL Grant with less than ½ time enrollment. There are some Private Alternative Loans available for students enrolled less than half-time.
GRADUATE STUDENTS: Registrations exceeding 15 credits in any semester must be approved in advance by the Graduate College. This procedure is accomplished by completing a Graduate Request to Waive a University Regulation form, available in any College Dean’s office. Students who drop courses during the FALL or SPRING terms, reducing their registration below 9 credits, will be regarded as part-time students.
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TUITION & FEE POSTPONEMENT
Tuition and fees will be automatically postponed for all financial aid recipients (except Federal Work Study) whose award offer(s) has been accepted online by the drop/add deadline (May 21, 2010). Students accepting Federal Stafford Loans must complete the Master Promissory Note (MPN) and submit the Stafford Loan Requirements Checklist to the Office of Student Financial by the drop/add deadline in order to qualify for deferment. If your financial aid is insufficient to cover your tuition and fees, you will be assessed a late fee of $100, unless you pay the difference by the fee payment deadline (May 21, 2010). Therefore, if you decide not to attend classes, YOU WILL BE FEE LIABLE UNLESS YOU FORMALLY WITHDRAW FROM ALL COURSES WITH THE REGISTRAR’S OFFICE PRIOR TO THE END OF DROP/ADD. Failure to attend classes, to pick up a check, to sign a promissory note, cancellation of financial aid, or moving out of the dormitory, etc. will not release you from fee liability.
HOUSING
Your assigned housing status for Summer terms is based on the planned housing response that was submitted on the 2009-2010 FAFSA. If your planned housing will be different from what you originally reported on the FAFSA, please submit a Change of Housing Status form. Fees may be deferred only if you have sufficient financial aid to cover both tuition and housing fees prior to the housing deadline. A prepayment is required at the time you submit your housing agreement. For more information, you may contact the Housing Office at (561) 297-2880.
DISBURSEMENT
You may not be paid in full until ALL your courses actually begin. Failure to attend and document attendance may result in repayment.
- BRIGHT FUTURES SCHOLARSHIPS
Bright Futures Scholarships are NOT available for the Summer terms. You must complete the 2009-2010 FAFSA if you are interested in applying for other types of aid.
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PELL, ACG & SMART GRANT RECIPIENTS
Pell, ACG & Smart Grants may be available to qualifying students who have not utilized their annual award eligibility during the current school year. Pell Grants may be disbursed to students enrolled less than half-time. If total enrollment is dependent on Summer term 3 credit hours, NO grant funds will be disbursed until AFTER the drop/add deadline of Summer term 3, even if you are also registered for Summer terms 1 and/or 2.
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FAU GRANTS & LOANS
Institutional Grants (FAU Undergraduate Grant & FAU Graduate Grant), Perkins Loan and the FAU Loan will be awarded on a first-come first-served basis to students meeting the program eligibility requirements. Because of this, it is advised that students complete the Summer financial aid questions on Self-Service, as close to February 2nd as possible. Payment amounts will be based on enrolled hours (see the REGISTRATION section above for definition of enrollment levels). Students MUST be a minimum of half-time in order to qualify for FAU Grants & Loans. If half-time enrollment is contingent upon Summer term 3 credit hours, NO grant funds will be disbursed until AFTER the drop/add deadline of Summer term 3, even if you are also registered in Summer terms 1 and/or 2.
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STAFFORD LOAN RECIPIENTS
There are Annual Stafford Loan limits which represents the maximum which you are allowed to borrow through the Federal Stafford Loan Program each academic year. Annual Stafford Loan limits vary based on your dependency status and grade level. Students MUST be a minimum of half-time in order to qualify for Stafford Loans. If half-time enrollment is contingent upon Summer term 3 credit hours, NO loan funds will be disbursed until AFTER the drop/add deadline of Summer term 3, even if you are also registered in Summer terms 1 and/or 2.
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IMPORTANT NOTE FOR FEDERAL STAFFORD AND FEDERAL PLUS LOAN RECIPIENTS: If you do not maintain half-time enrollment and attendance status for the entire SUMMER 2010 term, you may be required to immediately repay any disbursed loan proceeds for the SUMMER 2010 terms. This includes:
- any amount of disbursed loan proceeds which were applied as payment for tuition for your Summer term 1, Summer term 2 and Summer term 3 classes,
- any residual refunds you received from loan proceeds after tuition was paid.
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ANNUAL LIMITS
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Dependent
|
Independent
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Academic Level
|
Maximum Total Amount
|
Maximum Total Amount
|
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Freshman
|
$5,500 (of which $3,500 may be subsidized)
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$9,500 (of which $3,500 may be subsidized)
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Sophomore
|
$6,500 (of which $4,500 may be subsidized)
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$10,500 (of which $4,500 may be subsidized)
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Junior
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$7,500 (of which $5,500 may be subsidized)
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$12,500 (of which $5,500 may be subsidized)
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Senior
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$7,500 (of which $5,500 may be subsidized)
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$12,500 (of which $5,500 may be subsidized)
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Second Bachelor
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$7,500 (of which $5,500 may be subsidized)
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$12,500 (of which $5,500 may be subsidized)
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Graduate
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$ 20,500 (of which $8,500 may be subsidized)
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AGGREGATE LIMITS
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Career
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Dependency Status
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Aggregate Limit
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Undergraduate
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Dependent
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$31,000 (of which $23,000 may be subsidized)
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Undergraduate
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Independent
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$57,500 (of which $23,000 may be subsidized)
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Graduate
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Independent
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$138,500 (of which $65,500 may be subsidized)
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PLUS & PRIVATE/ALTERNATIVE LOANS
If you or your parents are interested in receiving a Parent PLUS, Graduate PLUS or a Private/Alternative Loan, please refer to the FAU Financial Aid website at http://www.fau.edu/finaid/loans.