Calculate Anticipated Summer 2014 Aid Eligibility
West Lafayette and College of Technology Statewide Locations
To calculate your anticipated summer aid, please review the following information regarding each resource listed:
- Pell Grant Eligibility:
If you were enrolled less than 12 hours during the fall or spring semester, then you may be eligible to receive Pell Grant during the summer.
Example: A student who attended full-time in the fall and half-time in the spring, would still have a half-time Pell award remaining for the summer 2014 session.
- Institutional Gift Aid:
Some limited institutional gift aid is available to students during summer enrollment. This funding is dependent on availability and is subject to change. Students must be enrolled in at least 6 credit hours.
Students with an academic year estimated family contribution/parent contribution of $4000 or less could potentially receive up to $1600 in grant or scholarship funding.
Students with an academic year estimated family contribution/parent contribution between $4001 - $9000 could potentially receive up to $500 in grant or scholarship funding.
- Summer Work Study:
Students who were awarded work study during the academic year and would like to receive work study during the summer 2014 session will need to request this on their summer aid application. A student could potentially receive up to a $1000 work study award. Work study will be awarded as long as funding is available.
- Stafford Loan Eligibility:
Stafford loan eligibility is contingent upon your summer grade level and your academic year borrowing.
Example: As a sophomore the annual maximum is $6,500. If you only borrowed $5,000 during the academic year you could be eligible to borrow up to $1,500 for summer.
If you have not borrowed your annual maximum amount, please visit http://www.purdue.edu/dfa/loans/stafford.php to calculate your remaining eligibility based on grade level and academic year borrowing.
- PLUS Loan:
PLUS Loans can be taken out to cover the cost of education minus other types of financial aid. However, these loans require a credit check and not all that apply are approved to borrow. If you received a PLUS Loan during the academic year, you are still required to complete another application for the summer term. See http://www.purdue.edu/dfa/loans/plus.php for additional information and steps to apply.