Summer is considered a third term in the academic year and uses the same FAFSA and financial information that was used during the preceding year. A separate summer application is required (available on the MSUM Financial Aid webpage when summer registration opens). All summer class registrations must be completed by the end of the drop/add period for each class. Undergraduate full-time enrollment for summer is 12 credits; graduate full-time enrollment is 8 graduate credits. Financial aid is disbursed starting in June based on all registered credits.
Summer Semester 2018 funding is available in the following programs: Federal Pell Grant, Minnesota State Grant, Work Study based on availability of funds, Federal Direct Loans, and private educational loans.
Summer financial aid payments begin June 14; overages available June 18 or after. Note: Federal and State aid will not disburse until June 14 or the start date of your latest class, whichever is later.
Bookstore Information: New this year, you may charge up to $400 in books and supplies at the MSUM Bookstore beginning April 23 through June 13. This charge will appear on your billing statement. This option is available to all students enrolled for summer semester, regardless of financial aid funds.
Eligibility for summer Pell Grant is possible in two ways.
1) If enrolled at least half-time (6 credits) in summer, Pell Grant is available based on registered credits for the summer term as of June 6th.
2) If summer term enrollment is below half-time, Pell Grant will be available only if either (or both) of the previous fall and spring term enrollment was less than full time.
Adding or withdrawing from courses after June 6th does not increase or decrease the Pell Grant payment (some exceptions apply).
A third 2017-2018 payment is available for summer to students who are eligible. Award amounts at each credit level are displayed on your award notice.
Pending availability, work study will be awarded on a "first-applied" basis. You must be registered for at least 6 credits during summer semester.
Eligibility is determined by grade level and is limited to one annual maximum per year (Fall 2017, Spring 2018 AND Summer 2018).