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Office of Student Financial Aid 2002 Rollins Hall 1 Old Dominion University Norfolk, VA 23529-0052 ? Telephone (757) 683-3683 ? Fax (757) 683-5920

Summer 2019 Financial Aid Application Information

March 1, 2019

Summer aid request form will be available online

March 4, 2019

Summer Term 2019 Financial Aid Eligibility Reviews Begin

June 28, 2019

Deadline to submit summer aid request ? NO EXCEPTIONS

July 1, 2019

Students must be enrolled for all summer courses, or all summer aid awarded will be cancelled.

July 5, 2019

Summer Tuition Deadline

General information:

The types of summer aid that will be awarded in response to this application are generally limited to federal direct subsidized and unsubsidized loans, and, in some cases, Federal Pell Grants. Not all students qualify. For example, if students have already reached their annual or aggregate limits for federal direct subsidized and unsubsidized loans, no additional funding of this type can be awarded. Students must also be enrolled at least half-time in the summer to qualify for these loans.

Additional Pell Grant Eligibility Students are eligible for additional Pell Grant Eligibility if they meet ALL of the following criteria: 1) Their full Pell grant award disbursed during the 2018-2019 academic year. 2) They are enrolled at

least half-time during the summer session(s) 3) They have not met their Pell Grant Lifetime Eligibility Used (LEU). Information on Pell Grant (LEU) is available at

.

Other funding may be available through a PLUS loan or through a private loan, if student are enrolled at least half-time. This funding may be used (1) to supplement the award that is made in response to this application or (2) to serve as a sole source of funding, if this application is denied.

PLUS loans are available (1) to parents of dependent, undergraduate students and (2) to graduate or professional-degree students. To apply for a PLUS Loan, first complete the direct PLUS loan application online at . Completing this application will initiate a credit check automatically. Second, applicants must submit a datasheet to our Office. The datasheet for parents is available at . The datasheet for graduate or professional students is available at .

For information about private loans, visit our website at or contact us at (757) 683-3683.

Office of Student Financial Aid 2002 Rollins Hall 1 Old Dominion University Norfolk, VA 23529-0052 ? Telephone (757) 683-3683 ? Fax (757) 683-5920

Summer aid requirements:

1. The student's 2018-19 FAFSA must be on file with the Financial Aid Office no later than June 30, 2019.

2. Each student must submit the summer aid request eligibility review form. Distance Learning Students must submit the enrollment form only.

3. Summer aid is contingent on funding availability and is not guaranteed.

4. All students must be enrolled at least half-time per federal guidelines in order to receive loans (i.e., at least 6-credit hours for undergraduates and at least 3-credit hours for graduate students). Different enrollment criteria may apply to other types of aid awarded. Auditing a class does not count toward satisfying enrollment requirements.

5. To receive summer aid, a student must be in a degree-seeking program at Old Dominion University.

6. Summer aid will not be disbursed until the number of credits for which the student has enrolled matches the number of credits listed on the summer aid application. Therefore, students must notify their counselors of changes in enrollment status.

7. The last day to request aid eligibility review for summer 2019 is June 28, 2019. Please allow 2 weeks for processing/review.

8. Although students will be notified of tentative summer eligibility via mail, all applicants are strongly encouraged to view their financial aid information via LEO Online.

9. The award you will receive is tentative. It is based on what you report as your anticipated enrollment. Enrolling in fewer credit hours than anticipated may result in a reduction or cancellation of aid.

10. Do not assume you are receiving financial aid until you have received an aid offer AND you have submitted/completed all documents needed to process your aid. The summer aid offer letter acceptance must be returned to the financial aid office before the summer aid can be disbursed.

11. Students will be notified by mailed letter if ineligible for summer aid.

Office of Student Financial Aid 2002 Rollins Hall 1 Old Dominion University Norfolk, VA 23529-0052 ? Telephone (757) 683-3683 ? Fax (757) 683-5920

Additional information:

Summer Enrollment**

Undergraduate Enrollment 12 hours or more ? Full time 9-11 hours? ? time 6-8 hours? H alf time

Graduate Enrollment 6 hours or more ? Full time 4-5 hours ? ? Time 3 credits ? Half time

Important ? Federal regulations limit the Stafford loan amount a student may borrow during the academic year. Summer 2019 ends the 2018-19 academic year.

Annual Federal Direct Stafford/Unsubsidized Loan limits by Academic Class

Grade Level

Dependent Students

Freshman Base Additional

Unsub $3,500 $2,000

Total $5,500

Sophomore Base Additional

Unsub $4,500 $2,000

Total $6,500

Junior/Senior Base Additional

Unsub $5,500 $2,000

Total $7,500

Dependent Students Whose Parents are Denied the PLUS

$3,500

$6,000

$9,500 $4,500 $6,000

$10,500 $5,500 $7,000

$12,500

Independent Students

$3,500 $6,000

$9,500 $4,500 $6,000

$10,500 $5,500 $7,000

$12,500

Grade Level

Graduate

Unsubsidized Total $20, 500

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