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Office of Financial Aid
 
Office of Financial Aid
Ellington Building
Room 216
PO Box 4546
Clarksville, TN 37044
Phone (931) 221-7907
Toll Free 1-877-508-0057
Fax (931) 221-6329
Email SFAO

 
 
Hours: Monday thru Friday
8:00 am to 4:30 pm

 

Financial Aid - Summer 2009



 

The summer awarding process is a separate process from the Fall/Spring semesters. To be reviewed for Summer 2009 complete the following steps:

1.      To be considered for eligibility, APSU must have a valid 2008-2009 FAFSA on file. If you have not completed your FAFSA or have a completed application but need to add APSU’s School Code (003478), visit http://www.fafsa.ed.gov/.

2.      You must be officially admitted to APSU as a degree seeking student.

3.      While an award may be offered prior to the beginning of Summer, in order to receive the funds, you must be maintaining Satisfactory Academic Progress http://www.apsu.edu/financialaid/SAT_PROG.htm.

4.       Complete and submit the Summer 2009 Application to our office (http://www.apsu.edu/financialaid/forms/Sum_Appl_09.pdf). You will be reviewed for any remaining Pell Grant and Lottery balance not received in the Fall/Spring semesters. Student loan recipients must be enrolled a minimum of half-time.

Important Information for Summer 2009

Federal Pell Grant

If you received Federal Pell Grant funds for less than 24 credit hours during the Fall 2008 and Spring 2009 semesters, you will be considered for any remaining Pell eligibility.

Tennessee Education Lottery

You must be enrolled in a minimum of (6) credit hours and typically did not use it in the Fall and/or Spring Semesters. Awards are tentative until prior semester grades can confirm continued eligibility.

Federal Stafford Loan

For the Federal Stafford Loan Program, undergraduate students must be enrolled for at least six (6) credit hours and graduate students must be enrolled for at least three (3) credit hours during Summer Semester 2009. Fort Campbell Center students must be enrolled minimum of (3) credit hours.

If you have borrowed your maximum loan eligibility during the academic year, you will not be eligible to receive loan funds for the summer term(s). 

The following are maximum yearly amounts, but you may not qualify to receive the full amount listed below.  Loan amount eligibility is based on a financial aid calculation.      

                                           Dependent              Independent

Freshman Eligibility                 $5,500                    $9,500

Sophomore Eligibility              $6,500                    $10,500

Junior Eligibility                       $7,500                    $12,500

Senior Eligibility                      $7,500                    $12,500

Graduates                               $8,500                    $12,000

To view both the annual and aggregate limits, visit http://www.apsu.edu/financialaid/loan_limits.htm

Example of someone not eligible for Summer loan funds:

Sue is an independent sophomore who borrowed the maximum ($4,500 Subsidized + $6,000 Unsubsidized = $10,500) for Fall/Spring semesters. She has not changed grade levels and becomes a Junior. She would not have remaining loan eligibility for the Summer term(s).

John is a dependant freshman who borrowed the maximum ($3,500 Subsidized + $2,000 Unsubsidized = $5500) for Fall/Spring semesters. He has not changed grade levels and become a sophomore. He would not have remaining loan eligibility for the Summer term(s).

Example of someone who may be eligible for Summer loan funds:

Ethan is a dependent senior who borrowed $4,000 in loans during the Fall/Spring semesters. He is still eligible to apply for a summer loan for the remainder, which will be a possible maximum of $3,500.

Annie is an independent Sophomore who borrowed the maximum ($4,500 Subsidized + $6,000 Unsubsidized = $10,500) for Fall/Spring semesters. At the end of the Spring semester, she has progressed to Junior status. Her new annual limit increases by $2500 and can be reviewed for this amount for the Summer term(s)

 Important Dates for Summer 2009

Please check our financial aid planning calendar at http://www.apsu.edu/Financialaid/ frequently for current information on confirmation, fee payment and refunds by direct deposit or mail.

 

 

 

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