Financial Aid for Summer Programs’ Students

Summer Session

All students who wish to receive financial assistance for the 2013 TCNJ Summer Session must complete the 2013 TCNJ Summer Session Financial Aid Application (available March 1st by clicking on the link below) in addition to having filed the 2012-2013 FAFSA or Renewal FAFSA.

Your financial aid file must be complete by June 28th, to receive a financial assistance award for the Summer.

Limited financial assistance is available for students attending Summer Session at The College. Most students can only receive student loans that are based on remaining eligibility from the previous academic year. You must have made satisfactory academic progress at the end of the Spring semester to be considered for Summer assistance.

For most types of assistance, including student loans, you must be enrolled at least half-time.

Summer school course work is subject to the Satisfactory Academic Progress Policy for Financial Assistance Eligibility.

Financial Assistance Information and Application

Read the following carefully, then complete and submit the Summer application. By submitting the application, you acknowledge that you have read and understand the information below. Print out this information sheet and retain it for your records.

Deadlines

June 28th is the deadline to apply for Summer Financial Assistance at TCNJ.

You must have filed the 2012-2013 Free Application for Federal Student Aid (FAFSA)/ Renewal FAFSA by June 28th to be considered for summer assistance.

All documentation necessary to complete your application for financial assistance must be completed and submitted to the Office of Student Financial Assistance by June 28th.

Eligibility

In order to be eligible for any form of Summer Session assistance, you must:

• Have minimum combined enrollment hours of at least 1.5 units for Undergraduate Students, 5 credits for Graduate Students taken at TCNJ.
• Have met the requirements of “TCNJ Satisfactory Academic Progress Policy for Financial Aid Eligibility.”
• Be admitted to or enrolled in a degree or teaching certificate program at TCNJ. Visiting students are not eligible to receive financial aid.
• Be a United States citizen or eligible non-citizen.
• Not be in default or owe a refund on any federal aid received at any institution.
• If required, be registered with Selective Service.
• Provide all requested documentation.

Credit Hours and Enrollment Status

• Full-time = 3 units enrollment (Undergrad) 9 credit hours enrollment (Graduate)
• Three-quarter Time = 2.25 units enrollment (Undergrad)
• Half-time = 1.5 units enrollment (Undergrad) 5 credit hours enrollment (Graduate)

These minimum hours of enrollment may be achieved by students combining hours from multiple sessions of enrollment at TCNJ during the summer.

Access to Financial Assistance Funds

Disbursement dates are dependent upon the number of sessions enrolled, the number of credit hours enrolled each session, and the type of financial aid awarded. Under certain circumstances, you may be awarded funds for Summer Session attendance that will not be disbursed until the beginning of the second enrollment period (late June). No aid will be disbursed until Summer Session classes begin.

Types of Assistance Available

Limited financial resources are available during Summer Session. Generally, aid is awarded from a student’s remaining eligibility from the Academic Year under the Federal Stafford Loan Program – Subsidized and Unsubsidized Options.

Grants and scholarships are generally not available for Summer Session study. All award funds, other than Federal Stafford Loan Program assistance, are offered on a first-come/first-served basis.

Federal Stafford Loan Program

Not all students will be able to borrow Federal Stafford Loans during the Summer Session. The amount you can borrow in an academic year is limited.  Loans for Summer Session study depend on the remaining loan eligibility of the previous academic year. The Office of Student Financial Assistance will inform you if you have any remaining eligibility under the Federal Stafford Loan Program.

If you do have remaining eligibility, to receive that assistance, you must:

Complete TCNJ Summer Session Financial Assistance Application by the deadlines cited on the previous page.

Federal Pell Grants, Federal Perkins Loans, Federal Work Study

Federal Pell Grants are available to eligible students who have not been enrolled at least full-time during the course of the entire previous academic year. Generally this is a very small population of students applying for aid.  Federal Perkins Loans and Federal Work Study are subject to availability and are awarded on a first-come/first-served basis.

Paying The Bill

You may use your “Award Notification of Eligibility” for deferment of charges with the Office of Student Accounts. Your student account will not be credited with aid from the Federal Stafford Loan Program until all documents have been completed properly, loan approval has been secured, and expected enrollment status is met. Refunds are processed by the Office of Student Accounts. Questions concerning these should be directed to (609) 771-2172.

Satisfactory Academic Progress

You are reminded that students failing to meet the “Satisfactory Academic Progress Policy Standards for Financial Aid Eligibility” at the conclusion of Spring Semester, are not eligible to receive Summer Session assistance.  Any award packages previously offered will be canceled. A copy of the current “Satisfactory Academic Progress Policy for Financial Aid Eligibility” can be found by clicking the above referenced link.

Please Read the Following Statement Carefully:

Please be aware that you must be ENROLLED for at least 1.5 units (Undergrad) or 5 credit hours (Graduate) during the Summer Sessions in order for The College to disburse your financial assistance. Disbursement will occur within the session that half-time enrollment status is reached.

This requirement mirrors the semester requirement that a student be ENROLLED for at least half-time status in order to be eligible to receive aid. Students who fail to ENROLL for the minimum required units/hours will have their awards canceled and will become responsible for any outstanding charges.

Summer 2013 Financial Aid application (Available March 1 to June 28, 2013)