Summer Aid Application Process for 2015
- Complete the 2015-16 FAFSA after January 1, 2015. Free Application for Federal Student Aid (FAFSA).
- Apply for summer aid in the Student Center of My UW-Madison in March 2015.
- Submit any requested documents from the Office of Student Financial Aid (OSFA).
To view an interactive demo on My UW click here.
For more information on how to apply for financial aid go to How to Apply, Step by Step.
Summer aid is subject to the same rules and regulations as academic year aid.
- All students must enroll at least half-time in a session or sessions of at least 4 weeks in length. This includes study abroad.
- Students will be awarded for the academic year only after they accept or decline all summer financial aid awards or the summer application has been cancelled.
- If students apply for summer aid but are no longer interested they should return to My UW-Madison and cancel their summer application.
- Summer aid is intended for expenses during the exact weeks students are enrolled; not for the entire summer break.
- In order for the OSFA to process a summer application by the end of the enrollment period, students should submit all required documents no later than May 1. It is to their advantage to complete the application as soon as possible due to the short processing time for summer.
- The earliest the University can release funds is five days before the first session.
- Students who complete their aid applications after May 1 will be notified of their eligibility as soon as possible but should be prepared to pay for expenses (tuition, books, rent) out of pocket until their aid disburses to their student account.
- Timing is critical; students must accept any loan offer before the last day of class in their summer term.
Summer Enrollment Requirements
For financial aid purposes all students must enroll at least half-time in a session or sessions at least 4 weeks in length. The amount offered is based on credits and number of weeks enrolled. If enrollment changes aid may be adjusted.
Undergraduate, Pharmacy, and Law students use the table below to determine half-time enrollment. The shaded areas represent half-time enrollment based on credit load and actual number of weeks enrolled.
|Number of credits|
|# weeks enrolled||2||3||4||5||6 or more|
Undergraduate, Pharmacy, and Law students must enroll for at least 4 weeks to be at least half time.
If you take 2 credits, you are at least half time at 4 or 5 weeks only.
If you take 3 credits, you are at least half time at 4 through 8 weeks only.
If you take 4 credits, you are at least half time at 4 through 10 weeks only.
If you take 5 or more credits, you are at least half time at 4 through 13 weeks only.
Pharmacy students must be enrolled half-time for summer financial aid. However, they must be enrolled full-time (double the minimum half-time amount in the table above) to be eligible for the Pharmacy Loan.
Graduate, Medical & Veterinary Medicine students must be enrolled for 2 credits for at least 4 weeks to be eligible for aid.
Dissertators must be enrolled for at least 3 credits for at least 4 weeks to be eligible for aid.
Types of Aid Available
Federal Direct Loan (subsidized & unsubsidized) - The combined amount borrowed for summer school and the academic year cannot exceed the Federal Direct Loan (DL) annual maximum. Summer loans will affect DL eligibility for the academic year.
- For undergraduates the loan interest rate is 3.86% for both subsidized and unsubsidized loans.
- First time borrowers must complete a Master Promissory Note and Entrance Counseling.
Federal Work-Study Program – Students who accept work-study must apply for the jobs separately. Available jobs, pay rate and application information are located online at http://jobcenter.wisc.edu/ . For general information, click on Student Jobs at the right sidebar.
Federal Pell Grant – Eligibility is based on the Expected Family Contribution and enrollment as mandated by the Federal Government.
Health Professions Pharmacy Loan - This is available to qualifying pharmacy students who submit parental financial information. Repayment at a 5% interest rate begins one year after a student ceases to be enrolled full-time. After accepting this loan, students will receive an email from ECSI with instructions.
Nursing Student Loan - Students must be enrolled in a bachelor’s degree program in the School of Nursing to be considered for this federally funded loan. Repayment at a 5% interest rate begins nine months after a student ceases to be enrolled at least half-time. After accepting this loan students will receive an email from ECSI with instructions.
Helen Schulte Loan - This loan is awarded to students in the nursing program who are registered nurses. Repayment at a 4% interest rate begins nine months after a student ceases to be enrolled half-time. After accepting this loan students will receive an email from ECSI with instructions.
Institutional Loans (Nielsen, Johnson, Class of 1913, Cochrane, Institutional Loan Group, Dohmen, or Kohler Loans) - The University funds these institutional loans. Repayment at a 5% interest rate begins nine months after a student ceases to be enrolled at least half-time. After accepting this loan students will receive an email from ECSI with instructions.
Hodges Institutional Grant – Eligibility is limited and awarded only to applicants with exceptionally high financial need.
Veterans Benefits – Only state benefits are included on the financial aid award. Contact the Veteran Services & Military Assistance Center in the Office of the Registrar at http://registrar.wisc.edu/