Home
Financial Aid HomeScholarships HomeSearch
A to Z IndexAid EligibilityFormsFrequently Asked QuestionsGeneral InformationAwarding
Costs of Attending
Dates / Deadlines
Disbursement
Office Information
Rights and Responsibilities
Student Right to Know
Summer 2006


  


Summer 2008

(Last updated as of 03/28/2008 )

(Many forms are not yet available.  
Please check back after April 1st.)

Contents:

Applying for Summer Financial Aid  

To apply for summer financial aid, a student must have the current year's FAFSA on file and submit a summer school financial aid application. 

  • For Summer 2008, a 2007-2008 FAFSA must be on file by June 30, 2008. 

  • The FAFSA can be filed online at: www.fafsa.ed.gov.

  • The WSU Summer 2008 Financial Aid Application Form is available: 
    -   for you to complete online!  

  • -   for you to download-print, complete and returned to our office;  
    -   for you to pick up from our office or your local campus; or 

  • The priority processing deadline for Summer 2008 financial aid was 
    March 1, 2008. 

  • Students who apply after the March 1st priority date will still be considered for their remaining eligibility in Stafford Loan and/or Parent PLUS Loan.

To download and print the Summer 2008 Financial Aid Application Form you must have a copy of Adobe Acrobat Reader and a printer attached to your computer.

  • Stafford Loans have an annual borrowing limit based on the student's accumulated credit hours. [Click here for a table showing all annual limits.]

  • If a student has already borrowed the full annual limit for the preceding fall and/or spring semester, they will have no remaining Stafford Loan eligibility for the summer. 

    • For example, if a freshman student (one who has completed 0-29 credit hours) borrowed $3500 for the 2007-2008 academic year, they would have no remaining eligibility for Summer 2008 because their annual limit is $3500.  

    • However, if a sophomore student (one who has completed 30-59 credit hours) borrowed $3000 for the 2007-2008 academic year they would have remaining eligibility of $1500 for Summer 2008 because their annual limit is $4500.

Availability of Summer Financial Aid

Due to academic year expenditures, the most likely funds available for Summer Session 2008 will be Stafford Loan, Parent PLUS Loan, Graduate PLUS loan, and remaining Pell Grant eligibility from the 2007-2008 academic year. The Office of Student Financial Aid and Scholarship Services (OSFA/OSS) is available to explain funding options available to students.

Minimum Credit Hours Required

The following table contains the minimum credit hours required 
to receive any financial aid for summer
(this includes enrollment in all sessions):

Student Status Number of Credits
Undergraduate Student 6
Graduate or Professional Student 3

* BE AWARE !

  • If you cancel your summer enrollment, you may be responsible for immediate repayment of all or part of your financial aid (including loans).

  • If you do not begin a course after having received financial aid for that course, you will be billed for the amount of aid.

 

Additional Hours/Additional Weeks

(forms not yet available)

  • If you are enrolling in more than the minimum required credit hours and you would like to be considered for additional aid, please submit the Additional Hours/Weeks Form to our office once you have registered for the classes.

  • If your summer courses run longer than the 6 weeks and you would like to be considered for additional aid, please submit the Additional Hours/Weeks Form to our office once you have registered for the classes.


    • This request will be processed only after you are registered for all of your summer classes.

    • All requests for additional aid will be considered in the order they are received and as funding allows.

Receiving Your Financial Aid

  • Funds will be available no earlier than the first day of the first session in which you are enrolled.

  • Funds are available no sooner than:

Session Date
Arranged Hours

May 05

Block A (May 05-June 13)

May 05

Block B (June 02-July 25)

June 02

Block C (June 16-July 25)

June 16

 

  • When eligibility has been confirmed and funds arrive, direct deposits will be made directly to your bank account. (See below for more information on direct deposit.)

    • If you do not have direct deposit, checks will be mailed to your Primary Mailing Address which you maintain on myWSU.  (Please note that mailing of all checks will most likely cause an unavoidable delay in receiving your check by at least two days.)

  • Aid will not be available until you have begun the first session in which you are registered.

  • When the aid is disbursed, it will pay the tuition and fees for ONLY the current session of enrollment. These costs will be deducted from your aid prior to creating a direct deposit or a financial aid check.

    • If you are enrolling in later sessions, tuition and mandatory fees will be charged to your student account according to the Summer Session Catalog and you will be expected to pay them at that time.

    • Please remember to reserve funding to pay for additional summer session tuition when budgeting your financial aid.

  • You are expected to provide your own resources between the end of the spring semester and the beginning of the summer session in which you are enrolled.

Direct Deposit

  • Direct deposit allows the University to directly deposit any residual amounts of financial aid directly to your personal bank account. ("Residual" means funds left after the payment of required tuition, mandatory fees, and/or if applicable, room and board payments.)  You may complete the information electronically at:  http://www.wsu.edu/studacct/directdeposit.htm

  • Questions regarding direct deposit should be directed to the University Receivables Office at (509) 335-9651, or e-mail them at univ-receivables@wsu.edu .  You may also visit their office at 342 French Administration Building in Pullman. 

Federal Loan Programs

Stafford Loans (Subsidized and Unsubsidized)

  • For information on the Stafford Subsidized and Unsubsidized Loan Programs (including current interest rates) click here:  Stafford Loans.

Graduate PLUS Loan

For Stafford and Graduate PLUS Loan borrowers

  • If your award notification indicates that you are eligible for a federal Subsidized or Unsubsidized Stafford Loan or federal Graduate PLUS Loan, you need to indicate your acceptance of the award and the amount on your award notification. Return a signed copy of the notification to the Office of Student Financial Aid (OSFA).

  • If you are a student borrower who previously completed a Master Promissory Note from WSU, you are NOT required to complete a new promissory note. Accepting the loans on your award notification will allow the OSFA to process your loans with the same lender used during the academic year. 

  • If you are a first-time Stafford or Graduate PLUS Loan borrower at Washington State University,  

    1. You will need to accept your loan on your award notification letter, either by signing and returning one copy of the letter to our office or by calling us to accept the loan verbally.

    2. 24 hours after accepting your loan, you will need to complete the Master Promissory Note (MPN)  at www.edfund.org.  Selecting a lender from our Preferred Federal Loan Lenders List on the EdFund website, will ensure rapid processing of your loan.  

    3. Students must notify our office, in writing, if they wish to select a lender not on the preferred lender list.

    4. If you prefer that a paper promissory note be sent to you, contact EdFund at 888-715-5797.

    5. As a first-time borrower, you will also need to complete the Stafford Entrance Counseling /Interview (available on-line) before the loan funds will be disbursed to your student account. If you need the Entrance Interview information mailed to you, please contact our office.

Parent Loan For Undergraduate Students (PLUS)

  • For more information on the Federal Parent Loan For Undergraduate Students (PLUS), click here: PLUS Loans.

  • If your award notification indicates that you are eligible for a federal PLUS Loan, and your parent wishes to accept the loan, you will need to return s signed copy of the Financial Aid Award Notification to our office, indicating acceptance of the award and the amount your parent wishes to borrow.  Return the award notification to the Office of Student Financial Aid (OSFA), along with the following:

  • If your parent has previously completed a Master Promissory Note (MPN) for a PLUS Loan at WSU, they are NOT required to complete a new promissory note.  By accepting the Parent PLUS Loan on your award notification, and by your parent completing and returning the G9 form, your parent allows the OSFA to process the PLUS Loan with their most recently used lender.

  • If your parent is a first-time Parent PLUS Loan borrower at WSU, 

    1. 24 hours after submitting the G9 form to our office, your parent will need to complete the Master Promissory Note (MPN) at www.edfund.org and transmit the signed MPN to EdFund.  Selecting a lender from our Preferred Federal Loan Lenders List will ensure rapid processing of the loan.

    2. Parent borrowers must notify our office, in writing, if they wish to select a lender not on the preferred lender list.

    3. If your parent prefers that a paper promissory note be sent to them, they may contact EdFund at 888-715-5797.

 

Federal Stafford Loan Maximums

Dependent Undergraduates

Subsidized and/or Unsub (depending on financial need)

Annual Limit
Class 1 
(00-29 credit hours completed)		 $3,500 $3,500
Class 2 
(30-59 credit hours completed)		  $4,500 $4,500
Class 3 
(60-89 credit hours completed)		  $5,500 $5,500
Class 4 
(90 + credit hours completed)		  $5,500 $5,500

Lifetime (Aggregate) Limit

$23,000 $23,000

Independent Undergraduates Subsidized Unsubsidized Annual Limit
Class 1 
(00-29 credit hours completed)		 $3,500 $4,000 $ 7,500
Class 2 
(30-59 credit hours completed)		  $4,500 $4,000  $ 8,500
Class 3 
(60-89 credit hours completed)		 $5,500 $5,000  $10,500
Class 4 
(90 + credit hours completed)		 $5,500 $5,000 $10,500
Lifetime (Aggregate) Limit
 $23,000 $23,000 $46,000


Graduate Students Subsidized Unsubsidized Annual
Limit
                     $8,500 $12,000 $20,500
Lifetime (Aggregate) Limit
 $65,500 $73,000 $138,500


Veterinary Students Subsidized Unsubsidized Annual Limit
Veterinary Students  (9 months) $8,500 $32,000 $40,500
Veterinary Students (12 months) $8,500 $38,667 $47,167
Lifetime (Aggregate) Limit
 $65,500 $123,625 $189,125

Pharmacy Doctorate Subsidized Unsubsidized Annual Limit
Pharmacy Doctorate (9 months) $8,500 $24,500 $33,000
Pharmacy Doctorate (12 months) $8,500 $28,667 $37,167
Lifetime (Aggregate) Limit
 $65,500 $123,625 $189,125

Private (Alternative) Loans

  • Private loan funding is available for summer costs to students who have exhausted all other forms of financial aid.

    • You must have a good credit history  and in many cases a co-signer to be eligible for these loans.

    • To apply for a private loan, review the list of recommended programs on our web site at Private/Alternative Loans.  Please note that you may select a lender other than those on our list.

    • Connect to the web site for the lender you will use and follow the instructions for completing the application.

    • Most lenders have an on-line application  but you may have to download the application to complete it.

  • If the lender sends the funds to WSU electronically: 

    • Your student account will be credited and 

    • Your outstanding balances will be paid.

  • If the lender sends a check:

    • If you are a WSU Pullman student, you will need to pick the check up at University Receivables, French Administration Building, Room 342, or ask to have it mailed to you ((509) 335-9651). 

    • If you are attending a campus other than Pullman, your check will be mailed to your local campus for pickup. 

    • If you are a Distance Degree (DDP) student, your check will be mailed directly to you.  

    • If you have direct deposit, funds will be deposited directly to your bank account.

    • In all cases, if a check is received, no outstanding charges will be paid on your account and you will be responsible for using the proceeds of the check to pay your outstanding account balance.

Emergency/Short Term Loan Program

  • An Emergency/Short Term Loan program is available for students who have emergency situations. These situations may arise when expected financial aid is not available to cover costs in a timely manner or when unexpected costs occur. Short term loans are not available to cover periods when you are not enrolled. (In most cases, a short term loan requires a co-signer.)

  • Students must have a guaranteed source of repayment, such as financial aid,  to be eligible to borrow a short term loan.

  • An Emergency/Short Term Loan may not be used to pay the balance on your student account.

  • Contact  the OSFA or your local campus Student Service Coordinator for short term loan counseling and applications. 

Arranged Hours

  • Financial aid for students in arranged hours courses will be available 
    May 7, 2008.

 

Satisfactory Academic Progress (SAP)

  • Your summer financial aid award is subject to cancellation if you are found to be deficient with regard to satisfactory academic progress under the Washington State University Satisfactory Academic Progress Policy for financial aid recipients.

  • Please refer to the most recently published Time Schedule or the financial aid web site for the complete Satisfactory Academic Progress Policy.

  • If you are currently on a financial aid contract, your summer financial aid will NOT be released to your student account until spring semester grades are reviewed.

Tuition Due Dates

 

Courses Beginning Between

Payment Due

May 05 and June 01

May 23th

Arranged Courses & Internships

May 23th

June 02 and July 25

June 20th

Revision Requests

  • Special circumstances such as childcare expenses, a one-time computer purchase or upgrade, medical expenses, commuter expenses, and costs related to a disability may allow for an adjustment to your budget. To request a change to your Cost of Attendance, you must file a revision request and provide documentation to the OSFA for consideration.  For more information click here:  Special Circumstances.

  • Any additional assistance will be in the form of loans.

  • Revision request forms may be submitted electronically to notify us of a change in class code (freshman to sophomore, or sophomore to junior, or undergraduate to graduate).  (Submit a request electronically).  

  • Revision requests that require documentation must have the documentation submitted with the request. The paper Revision Request form can be printed from our website in PDF format, or a copy can be obtained from our office, or your local campus.

    • To download and print the Revision Request form,  you must have a copy of Adobe Acrobat Reader and a printer attached to your computer.

 

 

Contact us: finaid@wsu.edu 509-335-9711 | Accessibility | Copyright | Policies
Office of Student Financial Aid, PO Box 641068, Washington State University, Pullman, WA 99164-1068 USA
Last updated on: March 28, 2008