Summer School Financial Aid Policy

In order to receive financial aid during the summer term, students must be enrolled at least half-time in an approved program of study (half-time enrollment is at least six credit hours for undergraduate students and at least five credit hours for graduate students).

Summer School Application will be available March 16, 2017

Courses taken for audit will not be funded.

You must remain registered for at least three weeks of classes or be in an approved study abroad program.

Eligibility 

Eligibility for summer financial aid is based on your 2016-2017 Free Application for Federal Student Aid (FAFSA) and your 2016-2017 financial aid history. Summer aid applications will not be processed until the Longwood University (LU) Office of Financial Aid has received the results of your 2016-2017 Free Application for Federal Student Aid. 


Financial aid awards cannot be added or increased once the summer 2017 Financial Aid Application has been submitted (exceptions possible for the Federal Pell Grant).

Awarding Summer Aid

Financial aid is awarded based on the number of credit hours for which you are registered.
Your aid will be reviewed at the time of disbursement for the correct number of credit hours. 

If you are not taking the classes indicated on the summer school application, your aid will be subject to change.

Limited Summer Financial Aid

Students enrolled at least half-time during the summer term may be eligible for a Federal Direct Student Loan if they did not borrow the maximum allowed by their academic grade level during the academic year (fall 2016 and spring 2017 semesters) or if they advanced in grade level during the 2016-17 academic year.

You may be eligible for a Federal Pell Grant for the summer term. If you are eligible you will automatically be awarded the Pell grant for the summer. 

If there are insufficient funds available, parents of dependent students may apply for a Federal PLUS Loan; all students may apply for a private alternative loan.

Book vouchers and emergency loans are not available during the summer term.

Master Promissory Note

Students who have been awarded a Federal Direct Student Loan and have not already signed a Federal Direct Student Loan Master Promissory Note will need to sign their Master Promissory Note at www.studentloans.gov.

Parents who have been awarded a Federal PLUS and have not already signed a Federal PLUS Master Promissory Note will need to sign their Master Promissory Note at www.studentloans.gov. Parents must fill out a summer Plus loan request at www.studentloans.gov.

Reporting Other Aid

Financial aid not listed on the Financial Aid Award Notice (FAAN), including scholarships awarded by other LU departments, must be reported to the Office of Financial Aid. Receipt of this aid requires a review of financial aid eligibility.

Disbursement of Financial Aid Funds and Living Expense Refunds

Financial aid funds are generally credited to the LU student account three days after the first three credit hours of summer coursework begins.

When financial aid funds exceed University charges, students receive refunds to assist with the purchases of books, supplies and other educational or living expenses. There will be no disbursement of funds between June 18 and July 7. There will be no refunds processed between June 19 and July 10.

Enrollment Changes

The Office of Financial Aid will conduct an eligibility review at the time of disbursement.

  • If a student has dropped below half-time enrollment and/or taken fewer than three weeks’ worth of classes at that point, all federal loans for summer 2017 will be canceled.
  • If the student received a Federal Pell Grant, it also may be reduced or canceled. The student will have to repay all reduced or canceled financial aid that has been credited to their LU student account
  • If a student withdraws from all classes before completing 60 percent of the session (as measured in calendar days), financial aid eligibility must be recalculated based on the federal Return of Title IV Funds formula. Federal regulations stipulate that financial aid is "earned" based on the calendar days completed for the semester.
  • Any "unearned" financial aid must be returned to the appropriate federal program(s). The student will have to repay any reduced or canceled financial aid that had already been credited to their LU student account.

Summer School Checklist

  1. Completed 2016-17 FAFSA
  2. Registered for summer classes
  3. Completed the 2017 Summer School Application for Financial Aid and submitted to the Office of Financial Aid by May 9th. Check for summer financial aid award on MyLongwood. (Use the 2016-17 award year to view summer award.)
  4. Take action on the award and complete all requirements. (entrance counseling, complete MPN, complete PLUS application)