<p>I have completed 14 credits in fall and another 14 credits this spring.Now i want to get summer aid for the summer ? what happens with it? when do i get the funds .I am transferring to a new school starting fall would they require me to come back and verify my fafsa?</p>
<p>What type of summer aid are you looking for? Is summer considered the first semester of the 11/12 year there or the last semester of 10/11? If you are Pell eligible, it’s possible that you would qualify for a second Pell grant if you take at least 6 hours at the school where you’re currently matriculated. You can probably take a Stafford loan if you haven’t already reached your limit for this year, or if the school has a summer header. But summer loans do count toward the annual Stafford loan limits. IIRC, you’re in NY so may be eligible for a TAP award under the accelerated study program. But summer TAP payments aren’t actually made until the following year (February, I think, if you’re full time in summer and even later if it’s for part-time study).</p>
<p>Whether the new school verifies your FAFSA has nothing to do with summer aid. If you receive a portion of your 11/12 federal aid during the summer session, they will adjust your awards for next year because you’re still subject to the same limits regardless of how many schools you attend in a given year.</p>
<p>If you are Pell eligible, you need to have at least 6 credits to receive Pell in summer … but you also need to have a combination of EARNED CREDITS from the school year + credits for the summer that add up to at least one more than the school’s defined number of credits required for an academic year (the financial aid definition, which may vary from the academic definition). So remedial coursework that doesn’t result in earned credits, withdrawals, and failed classes can have an impact on the ability to receive summer Pell.</p>
<p>kelsmom thats the part that confuses me I should have 27 from (or 28 with last summer) Would this be ok or could this mess up next years pell? I would also have an extra 1 credit from the tennis team.</p>
<p>You only add up the credits earned while using 10-11 Pell. Does your school use the 2010-11 FAFSA or the 2011-12 FAFSA to award financial aid for summer (the first is a summer trailer, the second is a summer header). Let’s assume they are a trailer, so summer aid comes from 2010-11 Pell. In that case, if you earned 26 credits toward your degree, you will most likely be eligible for Pell for summer … but you have to have at least 6 credits for summer to get Pell, as it would be second award & fall under second Pell rules. It won’t mess up next year’s Pell.</p>
<p>If it’s a summer header, you would be working with next year’s Pell for summer. In that case, your Pell in summer is actually first Pell for 2011-12, rather than second Pell for 2010-11. You could have fewer than 6 credits in this case (although at higher EFC’s, there is no Pell payment at fewer than 6 credits — actually, there are some EFC’s where there is no Pell payment at fewer than 12 credits, so if you get a small Pell grant, check the Pell schedule). It wouldn’t mess up your 11-12 Pell, unless you flunk classes, withdraw from classes, etc — then it MIGHT affect it, but might not. Second Pell has weird rules.</p>
<p>Although I will add this … President Obama wants to eliminate second Pell to help balance the budget. If this happens, students who get first Pell at a summer header school this summer may find that they don’t get second Pell next spring if the second Pell is eliminated. They would be eligible for the full amount of one scheduled award (currently $5550 for a 0 EFC) for the entire award year … so it can be split & if there is still remaining eligibility, it can be used (even in the next spring, as long as part of the first award still hasn’t been disbursed).</p>
<p>my school just told me that the 2nd pell award was a one time thing. That next summer pell will be taken from fall pell is that true?</p>
<p>The year round Pell program just started last year and, while it wasn’t meant to be a one-time thing, it is on the chopping block in the President’s budget proposal that just came out. As kelsmom said, if your school uses a summer header (and it sounds like they do) and Congress passes the budget for 2012 with the repeal of year round Pell, then any award you get this summer will reduce your Pell grant for 11/12. It’s impossible for anyone to say whether that will come to pass or not at this point…Congress has yet to pass a budget for 2011!</p>
<p>I need to add something to this discussion that is confusing but pertinent. If the aid period for which you will be receiving the Pell includes June 30 and July 1, this is called a crossover term. In this case, there is a very specific regulation that began this year (although some schools did choose to begin using it last year). If there is a 2011-12 FAFSA filed, and if all requirements (if any) are met by a specified date that is determined by the Dept of Education but not yet published (probably early September), schools MUST look at both the payment the student would get for the period if 2010-11 were used AND the payment the student would get for the period if 2011-12 were used. The higher of the two payments MUST be used. So if a student is not eligible for 2nd Pell from 2010-11, she may get first Pell from 2011-12 … even if she is eligible for 2nd Pell from 2010-11, if the 2011-12 payment is higher, it must be paid from that payment. Even if the student was paid already, and even if classes are already over, if the 2011-12 FAFSA is good to go by that ED-established date, the school has to look at both awards … compare … and use the higher payment.</p>
<p>On top of that, if 2011-12 is higher, the school has to use it. If the student is eligible for any ACG or SMART for summer & the school has to pay from 2011-12 Pell because the payment would be higher … then the student does not get to have the ACG or SMART. This is because there is no ACG/SMART for 2011-12, so if it’s a 2011-12 Pell the ACG/SMART can’t be paid. The school does not get to choose to use the 2010-11 lower payment in order to allow the student to receive the ACG/SMART. And if it was already paid & the 2011-12 FAFSA is good to go by the established date, the ACG/SMART has to be removed.</p>
<p>Yup, no one can make this stuff up. :)</p>
<p>That is very interesting, although a bit tricky! So, in other words, a student who is at a summer header school but attending a 6+ credit hour session in a crossover term could receive a second Pell without jeapordizing their 11/12 award…is that right? I’m thinking that for a half-time student who is eligible, it wouldn’t matter which year the award came from since there wasn’t a change in Pell award levels for 11/12 was there? In that case, how does the school decide which to use…can they simply use the 11/12 and cut the student’s grant later if the year round pell does go away?</p>
<p>Ugh…just when I get something through my head, they go and change it! Thank goodness we have you kelsmom!</p>
<p>If it’s a crossover term, Pell knows no header/footer … but the rest of the aid can actually be from a different year than the Pell! The rest of the aid follows the header/footer policy of the school.</p>
<p>I just read the other day that the Pell schedule will change for 11-12, but the changes haven’t been released yet. But if all else was equal, I would think that the school would probably use the 10-11 rather than the 11-12. That would protect the student in case of future changes to year round Pell (still just talk - it takes Congress to make that change).</p>