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Summer Term Information

Financial Aid


Summer term financial aid will be the first semester of the 2014-2015 FAFSA school year. When filling out the FAFSA, Schoolcraft College strongly recommends all students parents, and spouses (if applicable) to upload their 2013 income tax information to the FAFSA using the IRS Data Retrieval tool. In order to do so, all parties must have already electronically filed 2013 taxes, at least two weeks prior to filling out the FAFSA (If you filed your taxes through the mail, it could take 6-8 weeks before the IRS Data Retrieval took is available). The IRS Data Retrieval tool became available February 1, 2013.

If the summer term will be your first term at Schoolcraft, then you will also have to complete and submit the Application for Admission. Returning students should only have to complete the 2014-2015 FAFSA.

You may only be awarded financial aid once you have been accepted to the college, we have a valid FAFSA on file for you, and you have submitted any additional documentation requested by the Office of Financial Aid. Your summer award notice can be viewed on WebAdvisor

For additional information on how to apply or verification please visit the Applying for Aid and Verification section on our main webpage. 

Types of Summer Aid Available

In general:

  • Pell Grant – If you are not attending and receiving Pell grant funds at another institution for the summer term (depending on your enrollment plans, receiving the Pell grant in the summer term may impact your Pell grant eligibility for the winter term).
  • Loans – Loans require the Summer ONLY 2014 Loan Request Form to be submitted and enrollment in a minimum of 6 credits.Summer ONLY Loan Request will become available in late May 2014.Additional information about how to apply for loans and the qualifications can be found here Student Loans.

Requesting Summer Financial Aid

The summer term is considered a non-standard or elective term, so the student will need to notify our office that they plan on enrolling in the summer term so their financial aid can be adjusted. If you have not been awarded financial aid for the 2014-15 academic year, please read the information under the “Financial Aid Payment Postponement Summer Term ONLY” below. To notify our office, you will need to complete the Spring / Summer 2014 Financial Aid Request form. The PDF form is located below.

Please allow 5-7 business days for grant award processing. Summer ONLY loan requests will take 2-4 weeks for processing. Your summer award notice can be viewed on WebAdvisor, under the 2014 school year.

Financial Aid Payment Postponement Summer Term ONLY

The Office of Financial Aid may put a payment hold on a student’s account to prevent the student/family from paying the tuition/fee balance until their financial aid is posted to their account. In order for the Office of Financial Aid to put a payment hold on a student’s account, the following conditions must be met:

  • 2014-2015 FAFSA received by Schoolcraft or processed by the Department of Education
  • Student’s SAR report indicates Pell grant eligibility sufficient to pay tuition/fee charges
  • Any required documentation has been submitted to the office
  • Meeting Satisfactory Academic Progress (SAP) standards, on SAP Probation, or on an approved Academic Plan

 

If you believe you may qualify for a payment hold, you will need to come into the Office of Financial Aid and fill out the Payment Postponement Form. Payment Postponement Forms cannot be faxed or emailed and must be completed in person in our office. Not all payment hold requests will be granted and they will be reviewed on a case-by-case basis. 

For All Students Please Note: Issues that may affect your eligibility for financial aid for the summer 2014 term include maintaining satisfactory academic progress and attending other schools during the during the same time period. In addition, for continuing Schoolcraft students, you may also receive your summer term award before your winter or spring term grades post. If you do and it later turns out that you are not meeting SAP standards, your financial aid will be declined, even if you are currently enrolled in classes. Check with the Office of Financial Aid for your eligibility.

Frequently Asked Questions

Mon-Thu: 8 a.m.-6 p.m.
Friday: 8 a.m.-4:30 p.m.
Additional evening office hours are available during walk-in registration.

Financial Aid Office
McDowell Center, MC260
P: 734-462-4433
F: 734-462-4527
finaid@schoolcraft.edu

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