Summer financial aid application for Summer 2014 has expired. Summer financial aid application for Summer 2015 will be available in March 2015.
Summer Semester 2015 funding is available in the following programs: Federal Pell Grant, Minnesota State Grant, Work Study, Federal Direct Loans, and private educational loans.Federal Pell Grant: Eligibility for summer Pell Grant is limited to the unused remainder from the previous fall and spring semester. If enrolled full-time in prior semesters, remaining eligibility is zero for summer. Initial Pell payments are based on registered credits as of June 12. Adding or withdrawing from courses after June 12 does not increase or decrease the Pell Grant payment
(some exceptions apply).
Minnesota Grant: A third 2014-2015 payment is available for summer to students who are eligible. Award amounts at each credit level are displayed on the student's award letter.Work Study: Awards for summer are limited and awarded on a "first-applied" basis. Students enrolled fall and spring semesters who were ineligible for Work Study are usually eligible for Work Study during summer, if registered for at least 6 credits during summer semester. Maximum Work Study award for summer is $2,200.Federal Direct Loan (and SELF Loan): Eligibility is determined by grade level and is limited to one annual maximum per year (Fall 2014, Spring 2015 AND Summer 2015).
Summer financial aid payments begin June 13; overages available June 16 or after. Budget accordingly!
A valid FAFSA for 2014-2015 received by the MSUM Office of Scholarship and Financial Aid (filing deadline is June 30, 2015).