First Steps for Receiving Summer Aid

 

1. Complete your 2017-2018 FAFSA application at FAFSA.ED.GOV.

 

2. Complete the Summer Survey while accepting your initial aid offer. Once you have been awarded for the 2017-2018 school year, financial aid for summer session can be requested by answering the 3 questions pertaining to summer session enrollment plans on the 'Resources/Additional Information' tab. This revision request will not be processed until you have registered for summer term courses. Once your request is received, award revisions will be processed within 7-10 business days. You will receive an email once the revision is made and you may view and accept the revised offer through your MyOSU account. If you need to change your enrollment level after completing the summer session questions, you will need to submit an Enrollment Revision Form for processing.

 

3. Check your OSU Student (onid) email regularly for important notifications. Throughout each term and after the term has ended, the Office of Financial Aid sends email updates regarding requirements and changes in eligibility.

 

How Does Summer Aid Work?

 

  • During summer the Pell Grant is adjusted throughout the term to reflect changes in your enrollment level. This means your Pell Grant may be reduced based on courses you drop or withdraw from at any point during the term. This reduction in the Pell Grant may create a balance due on your OSU student billing account.

 

  • Enrollment levels are NOT different in summer. For undergraduate and post-baccalaureate students, full-time is 12 or more credits, 3/4 time is 9 to 11 credits, and half-time is 6 to 8 credits. For graduate students half-time is 5 to 8 credits, and full-time is 9 or more credits. You must be enrolled at least half-time to be eligible for federal student loans.

 

  • Summer financial aid is limited due to funding constraints and student loan and Pell Grant program limits. Students expecting to attend all four academic terms can anticipate their student loan funds to be redistributed over the four terms of enrollment. Yearly student loan limits remain the same regardless of the number of terms you attend. The Pell Grant may only be received for a maximum of 3 terms of fulltime enrollment per aid year. Students expecting to attend fulltime all four academic terms will only be eligible to receive the Pell Grant during summer, fall, and winter terms.

 

  • If your actual enrollment does not match your expected enrollment level for financial aid, your financial aid will not be disbursed. Waitlisted classes or classes you plan to take during later summer session but have not actually enrolled in will not be counted for financial aid purposes. Please complete an Enrollment Revision Form to have your financial aid revised to match your actual enrollment.

 

  • Summer term disbursements of some types of financial aid will begin shortly before the start of session one (June 26th). Perkins loans, SEOG, and many scholarships awarded for summer cannot disburse until the beginning of the new fiscal year on July 1st. Students who have been awarded work study for the academic year may begin working during summer session (after July 1st) if enrolled half-time or more. 

 

Do be aware! Textbooks cannot be charged to your student account; therefore, proper planning for textbook purchases prior to the disbursement of financial aid is strongly encouraged.