Current Undergraduate Student Checklist for Summer 2015
- The 2014-15 Free Application for Federal Student Aid (FAFSA) must be submitted by June 30, 2015 using your 2013 Federal Income Tax Return information.
- Review the cost information for the 2015 Summer Session(s).
- Schedule all the courses you intend to take during Summer Session(s).
- Monitor your Student Aid Summary on eLion in late-April for notification of summer eligibility.
- You must request summer aid on eLion after April 1st for all aid listed below, except the Federal Pell Grant. The Office of Student Aid will automatically determine your eligibility for all of the types of aid listed below, if Penn State received your 2014-15 FAFSA.
Federal Pell Grant
The Office of Student Aid will determine your eligibility for a summer Pell Grant. If you are eligible, your grant will appear as a credit on your Summer bursar tuition bill.
Federal Work-Study (FWS)
You can apply for summer Work-Study under the “Financial” menu on eLion between February 15 and April 1, 2015. If you are participating in one of the summer FWS programs, you must be in degree-seeking or provisional status, and enrolled for at least six credits in the summer 2015, fall 2015 or spring 2016 semester. If you are eligible, the maximum summer FWS amounts are as follows:
|If you are enrolled for:||Your maximum Work-Study amount|
|2015 Summer Session(s)||$1,500|
|2015 Fall Semester (not enrolled for summer)||$2,500|
|2016 Spring Semester (not enrolled for summer)||$2,500|
If you are not enrolled in classes during the 2015 Summer Session(s), you will be expected to save $1,250 of your FWS earnings toward upcoming fall 2015 and spring 2016 semester expenses, which will be counted as part of your 2015-16 student financial aid package.
If you are interested in the State Work-Study Program, awarded to Pennsylvania residents by the Pennsylvania Higher Education Assistance Agency (PHEAA), you can obtain an application at PHEAA.
Pennsylvania State Grant (Pennsylvania residents)
Undergraduate students must be scheduled for six or more credits and attending a minimum of eight weeks over the Summer Session(s) to be eligible for a summer PA State Grant.
To apply for the grant, complete the Summer PA State Grant application available on eLion under "Financial", and also on theby August 15. Apply for a summer PA State Grant before applying for the Federal Direct Stafford and/or Federal Direct Parent PLUS Loan(s).
Your grant will be credited to your account at the end of July. You will not receive this money at the beginning of the Summer Session(s).
Graduating seniors: If you are graduating or are in your next-to-last semester, enrolled for 9 to 11 credits, and receiving the PA State Grant you may be eligible for a full-time grant.
This exception to full-time enrollment is intended to permit continued eligibility to students who normally enroll full-time, but only need to complete 9 to 11 credits during one of the terms of their final year of study.
If you would like to be considered for this PA State Grant exception, please complete the PA State Grant 9-11 Form (Summer).
Eligible students only receive 8 total semesters of Pennsylvania State Grant throughout their academic career. Using the grant during the semester can take away potential fall or spring eligibility later.
Federal Direct Stafford Loans
You may be eligible for the Federal Direct Stafford Loan if you have not received the maximum amount of Federal Direct Stafford Loan eligibility during the previous fall and spring semesters, or have increased in grade level (i.e. freshman to sophomore). Most students use their annual limit of Federal Direct Stafford Loan eligibility during the regular fall/spring academic year.
If you plan to apply for a summer PA State Grant, please apply for the grant on eLion before you apply for a summer Federal Direct Stafford Loan. To request consideration for a summer Federal Direct Stafford Loan, select "Summer Direct Stafford Loan" from the “Financial” menu on eLion.
If you did not receive a Federal Direct Stafford Loan for the 2014-15 academic year, and are a first-time borrower; you need to go to StudentLoans.gov, sign in using your federal student aid PIN (the one you use to sign your FAFSA) and complete the following requirements:
- Choose Complete Entrance Counseling and then select "I am an undergraduate student." Continue until you receive a confirmation that you successfully completed Entrance Counseling. You can choose to view and download your completed Counseling Verification Page from the confirmation page. If you selected Penn State in the School and Loan Information section, our office will be notified electronically that you completed Entrance Counseling, typically within three business days.
- Choose Complete Master Promissory Note (MPN) then click on "Subsidized/Unsubsidized." Continue until you receive a confirmation that you successfully completed the MPN. Our office will be notified electronically that you completed your MPN, typically within three business days.
- If you experience technical problems completing Entrance Counseling or e-signing your MPN, please contact the U.S. Department of Education’s Borrower Application Services at 800-557-7394.
Federal Direct Parent PLUS Loan (PLUS)
If you are an eligible dependent student and your parent is eligible, your parent can apply after April 1st for a Parent PLUS Loan to cover your education expenses (tuition, fees, room & board, books, transportation and miscellaneous). Before your parent applies for the Parent PLUS Loan, the Office of Student Aid recommends that you apply for Summer Work-Study, a Summer PA State Grant, or a summer Federal Direct Stafford Loan, if eligible.
You must be a degree-seeking student and also taking at least six credits for your parent to be eligible for the PLUS Loan. The maximum PLUS Loan amount your parent can request is your total cost of attendance, less all other student financial aid listed on your Student Aid Summary on eLion for Summer Session(s). The loan term dates for a Summer PLUS Loan are May–August 2015.
Private Alternative Loans
If you are an independent student, ineligible for federal or state student financial aid, or have remaining financial need, you may apply forthrough private lenders. Dependent students typically need a credit-worthy co-signer on their loan application.
The maximum private alternative loan available is your cost of attendance less all other student financial aid listed on your Student Aid Summary on eLion for Summer Session(s). The loan term dates for a summer private alternative loan are May–August 2015.
Finally, complete/confirm your registration on the summer tuition bill in eLion.
Summer refunds will be generated after you have completed registration and all your Penn State summer session classes have begun. If you are enrolled in both Summer Sessions, you will receive your refund within five to seven days of the start of the second session. We encourage students to sign up for Rapid Refund on eLion to expedite the process.