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Summer Session Financial Aid

For financial aid purposes, summer is considered the last term of the 2013-14 funding year, which ends June 30, 2014. To receive summer aid, a student will need to be admitted as a regular student seeking a degree, licensure, or certification through Bemidji State University AND register for all summer 2014 classes by May 31, 2014.

Financial Aid Office
114 Deputy Hall, #14
Bemidji State University
1500 Birchmont Drive NE
Bemidji, MN 56601-2699
1-218-755-2034

Forms

To apply for summer 2014 financial aid, you will need to complete 2013-14 financial aid material. This includes the 2013-14 Free Application for Federal Student Aid (FAFSA, which cannot be completed after June 30, 2014) and the 2013-14 BSU Financial Aid Application form. To maximize your possible grant eligibility, you are strongly encouraged to also complete the 2013-14 FAFSA when applying for Summer 2014 aid.  In addition, you will need to complete a Summer 2014 Financial Aid Supplement form. If you received aid at BSU for the 2013-14 academic year, you will only need to complete the summer supplement form. All forms are available from the BSU Financial Aid Office or from our website.

Grant and Loan Criteria

Although course start and end dates may differ, summer is considered one enrollment period when determining Federal and State aid. All credits taken between May 14, 2014, and August 1, 2014, are considered summer term credits. Summer grants are based upon the exact number of enrolled credits. Loan awards are determined by budget, need, other educational resources, plus annual loan limits and are not pro-rated by enrolled credits as are grants. To receive a loan, you must enroll for a minimum of six (6) undergraduate credits or five (5) graduate credits.

Enrollment Changes

Caution: Changing enrollment after receiving aid will result in a recalculation of your aid eligibility. If the change makes you ineligible for the aid received, you will become immediately liable for repayment of the aid, including Federal Direct Loans. If a class is canceled or your enrollment changes after aid is established and/or disbursed, you will need to contact the Financial Aid Office immediately to determine your correct award and to return any overaward that may have occurred. Failure to attend a summer enrollment period, after receiving aid for it, will result in an overaward requiring your immediate return of Federal and State aid, including loans. It is important that the exact summer enrollment be communicated to the Financial Aid Office at all times and that the aid disbursed to you reflects that enrollment. You should accept loan and other aid only if your enrollment for the entire summer (May 14 - August 1, 2013) is final and not subject to change.

Grant and Loan Programs

Summer financial aid consists primarily of Federal Direct Subsidized and Unsubsidized Loans, Federal Pell and Minnesota State Grants and alternative loans. Students should be aware that aid from some programs may not be available if the maximum eligibility limits were reached during the current academic year. Summer jobs on campus fall under the Regular Student Payroll, which is open to most enrolled students. Summer job vacancies are posted prior to the start of the summer on the BSU website.

New Transfer Students for Summer

You will need to have your FAFSA data sent to BSU (Code 002336) as soon as possible by using the "Add or Delete a School Code" link on the FAFSA on the Web application at www.fafsa.gov. This may also be done by calling 1-800-433-3243. Have your Student Aid Report (SAR) handy when you call - you will be asked to provide identifying information from your SAR. Your admission to BSU as a regular student is necessary before your financial aid application can be processed. It is important, therefore, that you request to have academic transcripts sent to the BSU Admissions Office from all of your prior non-MnSCU institutions early in the process. Without academic transcripts, you may be admitted only as a special student, which does not allow your financial aid application to be processed.  Finally, you need to be aware that a mandatory entrance loan counseling session and Master Promissory Note (MPN) are required prior to the disbursement of your Federal loan.

Financial Aid Related Deadlines

New applicants should complete all forms by April 1, 2014, to allow sufficient time for the processing and awarding of aid. Late applicants will be processed, but students should have sufficient funds of their own to pay their initial summer costs, which become due and payable after the free drop period. Federal Pell Grant recipients who withdraw from one or more courses within the first 30 days of summer term, will have their awards reduced to the adjusted level of enrollment. A completed FAFSA must be received by the Federal Aid Processing Center within the first 30 days of the term to be eligible for a Minnesota State Grant. Summer applicants are encouraged to contact the Financial Aid Office for assistance.