Aid for Summer Classes

Aid for Summer Classes

 Not all students attend Summer session classes, and financial aid is not automatically awarded for summer, nor is any held in reserve from Fall and Spring semesters. 

Summer is a trailing semester, meaning it follows Fall and Spring.  Therefore, financial aid eligibility for Summer classes is based on remaining eligibility from the current academic year, not the academic year that begins in the Fall.  You will not have any summer financial aid eligibility if you have used all academic year funding for federal aid.

 If you are eligible for the Pell Grant, and you did not attend full time either  Fall or  Spring, you may have eligibility for summer.   However, the Pell grant will not cover the full amount of your tuition and fees. 

If you have a Chancellor’s or another scholarship that has an option for summer funding, then that could be available to you.

Students eligible for the Child of Certain Veterans or Public Safety Officers Supplemental Grant (CVO) award can use it in Summer. You must have a current FAFSA on file, and if you were selected to complete the verification process, it must be completed before your CVO can be awarded for Summer.

Important note:  If there's a chance you may take Summer classes, remember to keep some of your Direct Loan funds available.  If you take all of your Direct loan funds in Fall and Spring, you will not have any left for Summer.  Direct loans also require you to be enrolled in at least 6 credit hours over the summer enrollment period.

Requirements for Summer Aid

• If you are not currently a student at IPFW, you must be admitted to IPFW beginning in the Summer term.
• If you are a transfer student, you must be a permanent transfer.  Temporary transfer admits are not eligible for aid at IPFW unless you are a Purdue University student attending IPFW for only the summer, then you should check with the Financial Aid Office on processing financial aid for summer sessions.
• You must have a FAFSA on file with IPFW's school code
• You must complete a separate IPFW Summer Application, available each year from the website or in the IPFW Financial Aid Office in mid-March. (Applications will post when available to apply)

Other Options

If you do not have financial aid eligibility for summer classes, there are other payment options:

• Private Student loans
• PLUS Loans
• Payment arrangements with the Bursar’s office

Private Loans

If you have used all of your eligibility for the academic year and do not have anything left for summer, you may apply for an outside loan (also called a private education loan or an alternative loan). This type of loan is applied for directly through your lender’s Web site, but there are some key facts to consider:

• Unlike Direct Loans, private loans are based on your credit score. The lender will check your credit to determine your eligibility.
• Your lender may require you to have a co-signer
• Your lender can set the interest at whatever percentage they choose

You can apply for a private loan online at FastChoice

PLUS Loans

The Parent PLUS Loan program is a Federal loan program that helps a parent to fund their contribution to their dependent child’s education. The loan is in the parent’s name and will be repaid by the parent. All PLUS borrowers are required to pass a credit check but if they can not, they might still be able to receive a loan if they can secure a co-signer for the loan. If a parent does not pass the credit check, and they do not secure a co-signer, then the student may be eligible to borrow a limited amount through the Unsubsidized Direct Loan program.

Graduate PLUS loans are available for Graduate students taking summer classes.

Apply at StudentLoans.gov

Payment Arrangements

If you do not have financial aid eligibility, you may make payment arrangements with the Bursar's Office.