Summer Term
Limited financial aid assistance is available for May/summer term, depending on how much of your annual loan limits you have already used during fall 2011 and spring 2012 semesters. Once you have reached your annual loan limit for Federal Direct Stafford Student Loan, you are not eligible for additional loans from those programs for May/summer term. Likewise, you are eligible for a Federal Pell Grant during the May/summer term, only if you have not used your full Pell Grant eligibility during fall and spring semesters (the 2011-2012 academic year).
How to Apply
To apply for financial aid for summer 2012, you must have a 2011-2012 Free Application for Federal Student Aid (FAFSA*) on file with the Office of Student Financial Aid and submit a Summer Financial Aid Application on CLAWS. You will receive an email at your SXU email account letting you know of you eligibility for summer financial aid after your summer application has been received and you are registered for the summer classes.
*If you already have a 2011-2012 FAFSA on file, you do not need to file another for summer. If you have not filed a 2011-12 FAFSA, you can complete it online at FAFSA's website.
Undergraduate Students with Remaining Eligibility
You will be considered for the Federal Pell Grant and Federal Subsidized and/or Unsubsidized loans once we receive your Summer Financial Aid Request and you are registered for summer classes.
If you have remaining Stafford Loan eligibility, you must be enrolled for at least 6 credit hours.
Graduate Students with Remaining Eligibility
You will be considered for Federal Stafford Subsidized and Unsubsidized loans. If you have exhausted your annual maximum eligibility ($20,500) for subsidized and unsubsidized loans for the 2010-2011 academic year, then you may apply for the Graduate PLUS loan up to your May/summer cost of attendance. The federal Graduate PLUS loan does require that you meet the federal credit check requirements in order to be eligible for the loan. However, if you have an adverse credit history, you will need an endorser (co-signer) for the Graduate PLUS loan.
Graduate students must be enrolled at least half time to qualify for the Subsidized, Unsubsidized or Grad Plus Loans.
No Remaining Eligibility
If you have exhausted your eligibility for the federal Pell Grant or federal student loan programs, or will be enrolled for less than half time, you may apply for alternative loans for May/summer term loan assistance.
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