Summer 2020 Financial Aid

Financial aid information to assist you with aid options and action steps for summer 2020 classes.

Your summer 2020 financial aid is calculated by the Office of Financial Aid if all of the following are true:

  1. You have completed your 2019-20 FAFSA and shared it with Purdue Northwest
  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 2020:

  • Make payment arrangementsfor your account balance not covered by financial aid
    • The summer payment deadline is May 15, 2020 for classes beginning in May
    • The summer payment deadline is June 19, 2020 for classes beginning in June or July
  • Check your financial aid Satisfactory Academic Progress statusfor 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
    • Messages and awards can be viewed in Student Self-Service via myPNW
  • Accept or decline your summer Federal Direct Loans and/or Federal Work Study if offered to you 

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 2020 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 18 and August 7, 2020. Financial Aid reviews a student’s aid eligibility at three points in time: May 18, June 15, and July 13.
  • Your summer financial aid, including your Federal Pell Grant, will be reviewed and revised until July 13, 2020 (summer financial aid freeze date).
  • Enroll in the desired number of credit hours prior to July 13 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 2020 Disbursement Schedule

Federal Direct Stafford and PLUS loans for most 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 (5/18-6/12), S4 (5/18-6/26), S10 (5/13-6/19), or S12 (5/23–5/30) end before the second disbursement date. Visit the Bursar’s Office Payment Options webpage for payment methods.

TERMDATESDISBURSEMENT 1DISBURSEMENT 2
15/18 – 8/75/137/6
S15/18 – 6/125/137/6
S26/15 – 8/76/107/6
S36/15 – 7/106/107/6
S45/18 – 6/265/137/6
S56/29 – 8/76/247/6
S67/13 – 8/77/87/27
S75/18 – 7/105/137/6
S105/13-6/195/87/6
S115/18 – 7/315/137/6
S125/23 – 5/305/187/6
S135/18 – 7/195/137/6

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

Types of Summer 2020 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
  • 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 must accept or decline their Federal Direct Loans
  • Federal PLUS (Parent Loan for Dependent Undergraduate Students) and Federal Grad PLUS (for Graduate Students)
    • Apply at gov
    • 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
      • Graduate students must be enrolled in at least 4 credit hours for summer