If you wish to apply for financial aid for the summer semester, you must complete the FAFSA and your financial aid file for the academic year. Funding for the summer semester is usually limited to student loans, Federal Pell Grants and Work-Study, depending upon your eligibility and the availability of funds. You must enroll in, at least, 6 credit hours (half-time) for all types of summer aid except Federal Pell Grants. The Office of Financial Aid will begin awarding summer funds late March of 2015. To receive the best aid package for the summer you must:
- Be enrolled in a minimum of 6 credits for summer by March 20, 2015.
- Please note: depending on eligibility, some students may be able to receive a Federal Pell grant with less than half time enrollment. Please contact the Office of Financial Aid for information specific to your account.
- Have a completed 2014-2015 FAFSA on file with our office by March 20, 2015.
- Have a completed financial aid file by March 20, 2015
- Be enrolled for summer classes by March 20, 2015
- Not be on financial aid suspension as of March 20, 2015
If you wish to be considered for a summer Work-Study award please see the Work-Study information page. All new and continuing employees must complete a WKSUM form, which is available in our office and is downloadable here. To maintain your summer work study eligibility, you must have the 2015-2016 FAFSA filed with MSU Denver and completed the WK16 with our office no later than July 1, 2015.
Students registered after March 20th will only be considered for remaining Federal Pell Grant eligibility. If you choose to apply for remaining Federal Direct Loan(s), you may apply here. You will not be able to apply for summer Federal Direct Loans from Student Hub.
NOTE: Federal Direct Loans have annual limits, which can be viewed here.
For example: If your annual loan limit is $9,500 and you use $9,500 for the fall and spring semesters, you will not have any Federal Direct Loan eligibility for the summer semester. If you use $9000 for the fall and spring semesters, you would only have $500 left for the summer semester. Please plan wisely if you are planning to take summer courses.
The Office of Financial Aid will begin sending actual email award notifications mid-April. This will allow you time to decide if you can afford the summer semester or if you will need to make other arrangements. Remember that if you decide not to attend in the summer, you are responsible for dropping your classes before the school's deadlines. This academic calendar lists dates and deadlines for the semester.
When will I get my money?
If your file is complete, your aid will disburse to your student account 10 days prior to the first day of classes.
How do I get my money?
After your aid is disbursed to your student account, all charges on your account are subtracted from your aid. Any remaining balance will be released by the Cashier’s Office, 7 days prior to the first day of classes.
How much aid can I get?
The amount of your aid is based on your remaining eligibility for 2014-2015, your actual enrollment, and your unmet need for the summer 2015 term.
What if I am enrolled in more than 6 credit hours?
Students may increase their budget if they are enrolled in more than 6 credit hours by submitting a re-evaluation request after the summer term's Census date.
Financial aid received at another school counts toward your annual limits. If you received aid at another college, your summer award may be impacted. Contact the Office of Financial Aid if you are transferring to MSU from another institution.
We welcome all of your questions and will be happy to help you through any concerns you may have.