April 2005 Volume 1, Issue 1

SUMMER SCHOOL FINANCIAL AID 

Students who will be attending the 2008 Summer Sessions must submit the TCNJ Summer Session 2008 Financial Assistance Application which is online at www.tcnj.edu/~sfs/aid/summer.html.in order to receive consideration for summer financial aid.

The deadline is June 30, 2008 and you must have a 2007-08 FAFSA on file to be considered for aid.

Summer financial aid is limited to your remaining academic year program eligibility and availability of funds.  If you have borrowed your grade level maximum Federal Stafford Loans during fall/spring, there won’t be any available to you in summer.  Grade level maximums are $3,500 for freshmen, $4,500 for sophomores and $5500 for juniors / seniors.  Graduate students have an annual limit of $20,500 in combined Subsidized and Unsubsidized Stafford Loans. 

Students can also consider Alternative Loan Programs as possible sources of assistance such as:

PLUS - Parent Loan for Undergraduate Students – Contact Your Chosen Lender.

GRAD PLUS - Graduate Students Only – Contact Your Chosen Lender

REMEMBER!

Financial aid cannot disburse until the student is attending at least half-time.

Undergraduate students must be enrolled in a minimum of 6 credit hours in order to be eligible for student loans.  Graduate students must be enrolled in a minimum of 5 credit hours in order to be eligible for student loans.  For undergraduates this means that if you take a 4 credit hour course beginning in May and a 4 credit hour course that begins in July, your financial aid will not disburse until July when you have met the half-time status.

 

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