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You may be wondering if you're eligible for student financial aid. The
only way to find out is to apply. It's a free and easy process and we're
ready to help you every step of the way.
Applying for financial aid is a four-step process:
- Apply
for admission to IU Northwest.
- Complete the Free Application for Federal Student Aid (FAFSA). IU Northwest’s school code is 001815. The
paper form is available from the IU Northwest Office of Financial Aid
and Scholarships or it can be completed online.
The FAFSA or renewal FAFSA should be submitted annually by March 10.
- If you are admitted to IU Northwest and apply for financial aid by
the March 10 priority date, your financial aid notification should arrive
by June.
If you have any questions, please contact
our office.
4. Applying for Summer Aid 2008
Eligibility Requirements
- You must have a valid Free Application for Federal Student Aid (FAFSA) for the 2007-2008 academic year by the deadline dates. You can complete the FAFSA online.
- Undergraduates must be enrolled in a total of 6 credit hours or more during the summer to receive summer aid. Undergraduates will not be packaged with aid until enrolled in a minimum of 6 credit hours.
- Graduate students must be enrolled in a total of 4 credit hours or more in the summer to receive summer aid. Graduate students will not be packaged with aid until enrolled in a minimum of 4 credit hours.
- Students must be making satisfactory academic progress in order to be eligible for summer aid.
Availability of Summer Aid
- For most students, summer aid consists of private student loans and/or parent PLUS loans. To apply for these loans you will need to complete separate applications along with the Summer Aid Application.
- To apply for a private loan.
- To apply for a parent PLUS loan.
- Students who received Stafford Loans up to their full annual eligibility during the previous Academic Year (fall and spring terms) will not be eligible for Stafford Loans in the summer. Borrower eligibility for Stafford Loans begins the following academic year usually with the fall term.
- For additional information on Stafford Loans.
- Summer aid can be used to pay for any educationally-related expense incurred during your summer enrollment period; however aid will not be credited to your bursar account until all eligibility requirements are completed.
Information on Summer 2008 Pell Grant Eligibility
The value of your Pell amount for the summer of 2008, will be based on the credit hours you are enrolled in as of the end of the day on May 17, 2008.
If you are enrolled for Summer I only, the value of your Pell will be based on your enrollment as of May 17. If you add classes for Summer I after May 17, your Pell will not be increased.
If you are enrolled for Summer I and II, and add classes after May 17, your Pell will be based on your enrollment as of May 17 for both summer terms. Therefore, you should be sure to complete your registration prior to May 17 for both summer sessions.
If you are enrolled in Summer II only, the value of your Pell will be based on the credit hours as of the date of your initial enrollment for Summer Term II.
Reasons why Pell may be decreased for the Summer 2008
- Rules for unofficial withdrawals are in place. If you do not complete your course(s) due to non-attendance, your Pell may be reduced.
- If you register, then drop classes prior to the beginning of Session I or Session II, your Pell will be adjusted to match your enrollment.
- Federal Title IV refund policy applies. If you completely withdraw and you do not “earn” the awarded federal financial aid, you may owe a refund to the Pell program.
Important dates to remember for the Summer 2008
- The automatic “W” deadline is June 13 for Summer I and August 1 for Summer II.
Summer Work Study
- If you have received Federal Work-Study (FWS) during the previous academic year, you may be eligible during the summer. In order to receive FWS during the summer, complete the Summer Aid Application and then contact Career Services about potential employment opportunities. Career Services will then work with your employer to finalize your eligibility for summer FWS and then send you a written notice of your status.
Financial Aid for Study Abroad Programs Sponsored by Indiana University
The scholarships, grants, subsidized and unsubsidized loans that you receive from the Office of Financial Aid and Scholarships at Indiana University Northwest may be used to pay for study abroad.
Scholarships, loans, grants and fee courtesy benefits (for spouse, employee, and dependents) may be applied to study abroad programs administered by a campus of Indiana University. A Consortium Agreement must be signed with the Indiana University Campus prior to the student’s departure on a study abroad trip. |
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