Summer Financial Aid
Applying for Summer 2014 Financial Aid
To be considered for summer financial aid, the student must:
- Complete the 2014-2015 Free Application for Federal Student Aid (FAFSA). (Information regarding the 2014-2015 application process is also available under the Financial Aid Process.)
- Complete the BGSU Summer Aid Application (available online starting April 1) requesting funds to be awarded for the summer term. Funds used during the summer term will have an impact on the remaining aid available for the 2014-2015 academic year. Please see a counselor in the Student Financial Aid office for specific details.
Other steps to consider:
- Review your 2014-2015 Financial Aid Award via MyBGSU. Once your Summer Aid application has been processed, you will be notified via email that you have an updated award package that includes Summer term.
- Check your To-Do List on your MyBGSU Student Center for outstanding items that may hold up disbursement.
- Verify your Summer Hours. If you register for a different number of hours than what you indicated on your original Summer Application, go back to the BGSU Summer Aid Application and update the application to reflect the correct number of credit hours. Aid will NOT disburse unless your enrolled hours match the hours reported on your Summer Application
- Review your Bursar bill after the 1st of each month. If you have an outstanding balance, you will be prevented from registering for classes for the upcoming Fall and/or Spring semesters.
- Apply for additional aid if necessary. Please visit the Financial Aid office for additional assistance.
- Refund availability for summer term will be during the first week of your first registered session.
Students interested in registering for summer classes at BGSU can visit http://summer.bgsu.edu/ for additional information.
Your summer financial aid package is based on the number of credit hours you report on the Summer Aid Application. The two examples listed below demonstrate the implications of registering for more or fewer hours than reported on your application:
1. Example of a case in which summer hours are under reported:
You reported on the Summer Aid Application that your enrollment will be eight credit hours for the summer sessions, but you actually enroll for twelve. Unless you notify Student Financial Aid, by revising the Summer Aid Application online, that you have additional hours, your summer aid will be calculated based on eight credit hours. Also, your aid will not disburse to your bursar account due to the mismatch in credits reported and actual credits taken.
2. Example of cases in which summer hours are over reported:
Scenario A: You reported on the Summer Aid Application that your enrollment will be nine credit hours for the summer sessions, but you only enroll for six. Unless you notify Student Financial Aid, by revising the Summer Aid Application online, that you have reduced your hours, the summer aid will not disburse to your bursar account.
Scenario B: You report on the Summer Aid Application that your enrollment will be six credit hours for the summer sessions (three hours in the first session and three hours in the second.) However, after the first session you decide not to enroll for the additional three credit hours in the second session. This changes your status to less-than-half-time and will result in cancellation of your direct loans. Additionally, it is likely that other summer aid would be reduced or canceled, making you responsible for paying back most, if not all, of your financial aid.