Summer Aid Disbursement
Summer aid has special rules and consequences. Please read all information below and contact us if you have any questions.
- All Stafford loans require you to be enrolled at least half-time. (Exception: If your loan aid ID begins with a "B" you must be enrolled full-time.) Stafford loans you receive for summer semester may reduce your loan eligibility for the following fall semester. Consult with an OFA staff member before you accept summer loans if you have concerns about your fall loan eligibility.
- YOUR summer disbursement date is 10 days prior to the starting date of YOUR earliest starting summer class. This means, for instance, that if you are attending only second session, your disbursement will not occur until 10 days prior to the start of second session.
- The length of your summer enrollment determines the room and board portion of your financial aid budget. If a change in your enrollment results in a shorter period of enrollment, your aid might have to be reduced. Enrollment is monitored throughout the summer.
- The amount of aid OFFERED to you is not necessarily the amount that will be DISBURSED. If you attend less than full time, some aid disburses at less than 100% of the offered amount.
Please use the charts below to determine your enrollment level and disbursement amounts.
| CREDIT LEVELS AND ENROLLMENT STATUS | ||||
|---|---|---|---|---|
| ACADEMIC LEVEL | FULL-TIME | 3/4-TIME | HALF-TIME | LESS THAN HALF TIME |
| Undergraduates (including Ag Tech) |
12 | 9-11 | 6-8 | 1-5 |
| Teacher Cert. & Masters | 9 | 7-8 | 5-6 | 1-4 |
| Doctoral | 6 | 4-5 | 3 | 1-2 |
| Medical | 12 | 9-11 | 6-8 | 1-5 |
NOTE FOR STUDY ABROAD STUDENTS:
Be sure to read the first bulleted point at the top of this page for important information about loans. You can disregard the table below, since most of your aid will disburse at the actual amount indicated in your package. (Stafford Loans require at least half-time enrollment in order to disburse.)
However, notify the Office of Financial Aid if:
- the number of credits for your study abroad program changes, or
- you add or drop any courses, either Study Abroad or on campus credits
| DISBURSEMENT BASED ON ENROLLMENT STATUS FOR REGULAR STUDENTS [Ag Tech students please use the next table below.] |
||||
|---|---|---|---|---|
| AID PROGRAM | FULL-TIME | 3/4-TIME | HALF-TIME | LESS THAN HALF TIME |
| College Work Study Program | 100% | 100% | 100% | 0% |
| Michigan Equal Opportunity Grant (Aid ID: UMEO) |
100% | 75% | 50% | 0% |
| MSU Spartan Advantage (Aid ID: USPD) |
100% | 75% | 50% | 0% |
| MSU Student Aid Grant (Aid IDs: USAG, USGG) |
100% | 75% | 50% | 25% |
| Pell Grant (Aid ID: UPEL) |
100% | 75% | 50% | 25% |
| Perkins Loan (Aid ID: UPEK) |
100% | 100% | 100% | 0% |
| Stafford Loan (Aid IDs starting with F or G) |
100% | 100% | 100% | 0% |
| Supplemental Educational Opportunity Grant (Aid ID: USEG) |
100% | 75% | 50% | 0% |
| MEDICAL STUDENTS ONLY HPSL PCL |
100% | 0% | 0% | 0% |
| DISBURSEMENT BASED ON ENROLLMENT STATUS FOR AG. TECH. STUDENTS | ||||
|---|---|---|---|---|
| AID PROGRAM | FULL-TIME | 3/4-TIME | HALF-TIME | LESS THAN HALF TIME |
| College Work Study Program | 100% | 100% | 100% | 100% |
| Michigan Equal Opportunity Grant (Aid ID: TMEU) |
100% | 100% | 100% | 0% |
| MSU Spartan Advantage (Aid ID: USPD) |
100% | 75% | 50% | 0% |
| MSU Student Aid Grant (Aid ID: USAG) |
100% | 75% | 50% | 25% |
| Pell Grant (Aid ID: TPEU) |
100% | 50% | 50% | 50% (2 cr. or more) 0% (1 credit) |
| Perkins Loan (Aid ID: TPKU) |
100% | 100% | 100% | 100% |
| Stafford Loan (Aid IDs starting with B) |
100% | 0% | 0% | 0% |
| Supplemental Educational Opportunity Grant (Aid ID: TSEU) |
100% | 100% | 100% | 100% |
