Summer financial aid consists of unused financial aid eligibility from the prior Fall and Spring terms. If a student is offered and accepts the annual maximum limit of the amount of grants and loans for the academic year, financial aid eligibility for the Summer term will be limited to Minnesota State Grants (provided student meets eligibility criteria and funding exists) or private educational loans.
Summer Term is considered the last term of the academic year for financial aid purposes. For continuing Metropolitan State students, the Financial Aid Office will process a Summer Term Award Letter approximately one week after the student has registered for summer courses provided a FAFSA is on file and all requested documents have been received.
For students beginning attendance in with the Summer Term, a FAFSA must be filed for the year. For example, if the student begins attendance in Summer 2015, the application for financial aid for that term is the 2014-15 FAFSA as Summer 2015 is the final term for that FAFSA application.
Keep in mind, if the student intends to continue enrollment beyond the Summer 2015, the 2015-16 FAFSA will also need to be completed.
Once the Financial Aid Award Letter is prepare, the student is sent an email with instructions on how to access the information MnSCUís eServices. If the letter includes student loans and the student wishes to borrow, the Loan Acceptance process is done online via student e-Services. Students can make an online loan request by following the below instructions:
- Visit Student e-Services and log in.
- On the left, click on "Financial Aid" and then "Loans".
- Follow the on-screen instructions to submit the loan acceptance.
- Wait 1-3 Business Days. In 1-3 business days, the studentís loan status will be updated to "Certified" status.
Loan funds will be applied to the studentís account on the scheduled disbursement date.>E-mail: Ask Us powered by RightNow