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Applying for Summer 2008 Financial Aid

The financial aid application process for the summer term is similar to the traditional academic year. The student must complete the 2008-2009 Free Application for Federal Student Aid (FAFSA) to apply for summer aid at BGSU. Information regarding the 2008-2009 application process is also available under the Financial Aid Process.

 

Attention Federal Pell Recipients!!

Due to a change in Federal Financial Aid Regulations, summer disbursements for the Federal Pell Grants will not occur until July 1st or later; this includes eligible students enrolled in the 1st 6 week summer session. If all the necessary paperwork and enrollment are in place prior to July 1st, the Office of the Bursar will recognize this anticipated funding for billing purposes until Student Financial Aid (SFA) may officially disburse your funds.

Any anticipated refund checks, based on full-time Pell disbursements, will not be available until the week of July 2nd (note: The University will be closed on Wednesday July 4th for the holiday). You may check the "Current Bursar Transactions" on the my.bgsu.edu web site for refund check availability. Less than full-time students should check on or after July 6th for anticipated refunds.

Contact an SFA representative if you have additional questions or concerns.

 

Students must also complete the BGSU Summer Application 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 2007-2008 academic year. Please see a counselor in the Student Financial Aid office for specific details.

Students interested in attending BGSU during the summer term will also be interested in the Summer Special Incentives. Visit http://summer.bgsu.edu/ for additional information

Important notice concerning Summer Financial Aid

Your summer financial aid package is based on the number of credit hours that you report on your summer application. It is important that you understand what may happen to your financial aid package if you do not register for the number of hours that you report. The two examples listed below demonstrate the implications of registering for more or fewer hours than you reported on your application.

1. Example for cases where summer hours are underreported:

You reported on your summer application that you will enroll for eight credit hours for the summer sessions, but you actually enroll for twelve. Unless you notify Student Financial Aid in writing that you have additional hours, your summer aid will be calculated and paid based on the cost of eight credit hours.

2. Example for cases where summer hours are over reported:

Scenario A: You report on your summer application that you will enroll for nine credit hours for the summer sessions, but you only enroll for six. Unless you notify Student Financial Aid in writing that you have reduced your hours, your summer aid will not pay to your bursar account.

Scenario B: You report on your summer application that you will enroll for 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. 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 awarded to you would be reduced or canceled making you responsible for repaying most, if not all, aid paid to you.

 
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