Requesting Financial Aid for Summer Term

You will request financial aid for the summer term before or at the time you accept your financial aid offer. Please click here for the step-by-step instructions.

The summer term financial aid requires the 2020-2021 FAFSA as it is the start of our academic year. Here are some things you will need to know about the summer term financial aid:

1. Aid May Be Limited: Summer financial aid is limited due to funding constraints and loan program limits.

  • Students expecting to attend for four terms can anticipate their student loan funds to be redistributed over the four (4) terms of enrollment.
  • Annual loan limits remain the same regardless of the number of terms you attend.
  • Students who have been awarded work-study for the academic year may begin working during the summer term (after July 1st) if enrolled half-time or more.
  • You may be eligible for the year-around Pell Grant (4 terms of the academic year). Please keep in mind that lifetime Pell eligibility has not changed. You may receive the Pell grant for a maximum of 18 terms/12 semesters

2. Enrollment Requirements: Enrollment levels are NOT different in summer. You must notify the financial aid office 2-3 weeks in advance if you will be enrolled less than full time (below 12 credits).

  • You must be enrolled at least half-time (6-8 credits as undergrad or 5-8 credits as grad) to be eligible for most financial aid including federal student loans.

Undergraduate students enrollment requirements: 

  • Full-time enrollment is 12 or more credits
  • 3/4 time enrollment is 9-11 credits
  • Half-time enrollment is 6-8 credits 

Graduate students enrollment requirements as follow:

  • Full-time enrollment is 9 or more credits
  • Half-time enrollment is 5-8 credits

3. Changes in Enrollment: During the summer term, the Census Date coincides with the last date you can add a course in session one.

  • Dropping courses after the summer Census Date may result in a reversal of your Pell Grant.
  • You must participate in all of your courses in order to earn the federal financial aid that is disbursed for that term.
  • If you drop a course before that course began or if we are unable to verify your participation in a course, we are required to reverse any Pell Grant payments made for that course. Reversed Pell will be returned to the Department of Education. This reversal of aid may create a new bill on your OSU student billing account.
  • You are paid federal financial aid based on all of the sessions (entire payment period) you are registered for at the time of disbursement. If you do not complete all of those sessions a return of federal funds may be required.
  • Be sure to monitor your OSU student email carefully throughout the summer. If you drop, withdraw from, or do not fully complete your current sessions, you will be considered withdrawn from the term even if you are still enrolled in a future session. In this case, you may be emailed a request to complete a summer survey verifying your intent to participate in future sessions. If you do not complete this summer survey, a return of federal aid may be required.

4. Summer Aid Disbursements: Summer term disbursements of some types of financial aid will begin shortly before the start of session one. Students who have been awarded work-study for the academic year may begin working during the summer session (after July 1st) if enrolled half-time or more.

IMPORTANT:

  • Annual loan limits remain the same regardless of the number of terms you attend.
  • SEOG and many scholarships awarded for summer cannot disburse until the beginning of the new fiscal year on July 1st.