Summer 2008 Financial Aid  

General Information:

• Tuition for most Master’s level classes is $500/credit hour.  Please visit the Student Accounting Office website for details.
• Because tuition is discounted generally no scholarship aid is offered.  (Exceptions are made for Bioethics students, Kern scholars, and Henry and Community scholarship recipients.)
• Students must be enrolled half-time in the summer in order to receive loans.  Half-time is typically 5 hours.
• Each year students are eligible for a maximum of $20,500 in Federal Stafford Loans (up to $8,500 can be Subsidized).  We will assess remaining Stafford loan eligibility a student has leftover from the 2007-2008 school year.
• If a student does not have any remaining Stafford loan eligibility we then recommend a Grad PLUS loan. 

Procedure:

• Register for all summer courses.
• Fill out the Summer 2008 Financial Aid form and send it in to the Financial Aid Office. You must be registered before we will evaluate your summer eligibility.
• Receive a summer award letter within 2-4 weeks of sending in the form.
• Sign and return the award letter at least a week before classes begin.
• Apply for a Grad PLUS loan if your Stafford Loan eligibility does not cover your summer costs.

Important Notes:

• Every student wishing to receive financial aid for the summer must complete the Summer 2008 Financial Aid form.
• Any change in the number of hours you are taking will affect your summer financial aid.
• If you drop below half-time at any point in the summer, all of your loans will be returned.
• Perkins loans are not available for the summer.