- Students must have a valid FAFSA
- For loans students must be enrolled in the minimum required credit hours
- Undergraduates: 6 credit hours
- Graduate Students: 4 credit hours
For 2018 Summer financial aid, students must have a valid Free Application for Federal Student Aid (FAFSA) for the 2017-2018 academic year on file prior to June 30, 2018. IU East treats the summer term as a trailer to the academic year. The FAFSA may be completed online at www.fafsa.gov.
Availability of Summer Aid
Students who received Federal Stafford Loans up to their full annual eligibility during the previous academic year semesters are not eligible for Federal Stafford Loans in the summer. Borrower eligibility for Federal Stafford loans will begin again the following academic year. There is limited campus-based aid available in the summer. What is available is typically awarded on a first come first serve basis. The awarding of summer financial aid will not occur until you are enrolled in courses and typically takes 7-10 business days. At the time of awarding you will receive an email, to your IU email address, advising to review One for specific financial aid.
Changes to your eligibility
Any change in enrollment could result in a change to your financial aid eligibility. Decreases in enrolled credit hours, non-attendance in a class, or a total or unofficial withdrawal from summer classes may result in changes to your aid. You may lose eligibility for aid you've already received, including returning funds already received. We may also cancel any pending disbursements, and/or deny the processing of any new loan requests.
Pell Grant eligibility
Grant fund eligibility, including Pell, will be verrified based on enrollment as of May 20th. If your initial registration is prior to or on May 20th, your Federal Pell Grant will be based on your enrollment on May 20th. If your initial registration for the summer term is after May 20th, your Federal Pell Grant will be based on your enrollment at the point we make the initial award calculation. In certain situations, an eligible student can receive up to 150% of his/her scheduled award for a year. For example, a student enrolled full time in both fall and spring and then at least half time in the summer may be eligible to receive additional Pell funds for the summer semester.