Applying for Summer Financial Aid
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 and Work-Study, depending upon your eligibility and the availability of funds. You must enroll in, at least, 3 credit hours (half-time) for all types of summer aid. To be considered a full time graduate student, you must enroll in 6 credit hours during summer. The Office of Financial Aid will begin awarding summer funds late March of 2017. To receive the best aid package for the summer you must:
- Be enrolled in a minimum of 3 credits for summer by March 17, 2017.
- Have a completed 2016-2017 FAFSA on file with our office by March 17, 2017.
- Have a completed financial aid file by March 17, 2017
- Not be on financial aid suspension as of March 17, 2017
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 by following the previous link. To maintain your summer work study eligibility, you must have the 2017-2018 FAFSA filed with MSU Denver and completed the WK16 with our office no later than July 1, 2017.
You can choose to apply for remaining Federal Direct Loan(s). You will not be able to apply for summer Federal Direct Loans in Student Hub.
NOTE: Follow this link to view Federal Direct Loans annual limits.
For example: If your annual loan limit is $20,500 and you use $20,500 for the fall and spring semesters, you will not have any Federal Direct Loan eligibility for the summer semester. If you use $15,000 for the fall and spring semesters, you would only have $5,500 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.
Frequently Asked Questions
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 2016-2017, your actual enrollment, and your unmet need for the summer 2017 term.
What if I am enrolled in more than 3 credit hours?
Students may increase their budget if they are enrolled in more than 3 credit hours by submitting a re-evaluation request after the summer term's Census date.
Special Information For Transfer Students
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 encourage you to consult with our office concerning your specific situation. We welcome all of your questions and will be happy to help you through any concerns you may have.