Summer 2021 Financial Aid

Financial aid information to assist you with aid options and action steps for summer 2021 classes.

Your summer 2021 financial aid is calculated by the Office of Financial Aid if all of the following are true:

  1. You have completed your 2020-21 FAFSA and listed the Purdue Northwest school code 001827
  2. You have provided us with all documents needed to complete your financial aid file
  3. You are admitted as a Purdue Northwest degree-seeking student
  4. You are meeting financial aid Satisfactory Academic Progress requirements
  5. You have not exhausted your financial aid eligibility during the fall and spring semesters either at Purdue Northwest and/or another institution
  6. You are registered for the summer term

Action Steps

Make sure you have completed the following items in preparation for summer 2021:

  • Make payment arrangements for your account balance not covered by financial aid
  • The summer payment deadline is June 18, 2021 for all summer classes
  • Check your financial aid Satisfactory Academic Progress status for summer in May after spring grades have posted.  If your status changes to “ineligible” you are responsible for payment and any financial aid received may be cancelled. Review Satisfactory Academic Progress for information on how to appeal.
  • Eligible students should watch for the following:
    • A message regarding your summer award status
    • An email sent to your PNW email account
    • Award(s) posted to your account
      • If offered, accept or decline your summer Federal Direct Loans and/or Federal Work Study
    • Messages and awards can be viewed in Student Self-Service via myPNW

Awarding Process

  1. Federal Pell Grant and Supplemental Educational Opportunity Grant is automatically awarded to eligible students.
  2. Students ineligible for summer aid are notified via PNW email and will receive a message in Student Self-Service.
  3. Students with a May start date and who have a financial aid Satisfactory Academic Progress status of “warning”, “probationary”, or “ineligible” will not receive aid until after spring 2021 grades are posted and their Satisfactory Academic Progress status is updated to an eligible status. Students with a June or July start date must have a satisfactory status to receive financial aid.
  4. IMPORTANT! The summer term is comprised of several modules in varying lengths between May 17 to August 6, 2021. Financial Aid reviews a student’s aid eligibility at three points in time: May 17, June 14, and July 12.
  • Your summer financial aid, including your Federal Pell Grant, will be reviewed and revised until July 12, 2021 (summer financial aid census date).
  • Enroll in the desired number of credit hours prior to July 12 and notify the Registrar, Bursar’s Office and Financial Aid of any summer enrollment changes. The Office of Financial Aid will not adjust your aid for summer classes added after this date.

Summer 2021 Disbursement Schedule

Federal Direct Stafford and PLUS loans for summer class terms will be paid in two disbursements based on your summer enrollment. If you are in more than one term for summer, your disbursement schedule is based on the combined terms. Terms S1 (5/17-6/11), S4 (5/17-6/25) and S10 (5/17-6/18) end before the second disbursement date. Visit the Bursar’s Office Payment Options webpage for payment methods.

TERMDATESDISBURSEMENT 1DISBURSEMENT 2
15/17 – 8/65/126/30
S15/17 – 6/115/126/30
S26/14 – 8/66/96/30
S36/14 – 7/96/96/30
S45/17 – 6/255/126/30
S56/28 – 8/66/236/30
S67/12 – 8/67/77/26
S75/17 – 7/95/126/30
S105/17 – 6/18 5/126/30
S115/17 – 7/305/126/30
S135/17 – 7/165/126/30

Please refer to the program course offerings for the Executive MBA or RN to BSN Online programs.

Types of Summer 2021 Financial Aid

  • Federal Pell Grant – automatically awarded to eligible students
  • Federal Supplemental Educational Opportunity Grant (FSEOG) – awarded to students with exceptional financial need who are also paid Federal Pell Grant
    • Awards are dependent upon fund availability
  • Federal Work Study – students must accept or decline their offer
    • Awards are dependent upon fund availability and may be more limited due to the pandemic
  • Children of Veterans and Public Safety Officers Grant Program (CDO) – automatically awarded to eligible students
  • 21ST Century Scholars and Frank O’Bannon Grant – automatically awarded to eligible students if have remaining eligibility
    • Students who have completed 30 credit hours in fall and spring and who are enrolled in at least 6 credit hours for summer may have ‘Fast Track’ eligibility, contact the Office of Financial Aid for details
  • Federal Direct Loans – undergraduate students who are enrolled in at least 6 credit hours for summer and who have remaining eligibility will be offered a Federal Direct Loan for summer
    • If offered both a subsidized and unsubsidized, accept the subsidized loan first
    • Graduate students must be enrolled in at least 4 credit hours for summer
    • Students should accept or decline their Federal Direct Loans
  • Federal PLUS (Parent Loan for Dependent Undergraduate Students) and Federal Grad PLUS (for Graduate Students)
    • Go to Federal Student Aid and click on the Parent tab
    • Parent of a dependent undergrad student must complete a PLUS loan application and Master Promissory Note (MPN) in order to receive these funds for summer.
      • Undergraduate students must be enrolled in at least 6 credit hours for summer
    • Graduate students must complete the PLUS loan application and MPN in order to receive these funds for summer
      • Go to Federal Student Aid and click on the In School tab
      • Graduate students must be enrolled in at least 4 credit hours for summer