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Summer 2009 Financial Aid

General Information:

  • Tuition for most Master’s level classes is $500/credit hour.  Please visit the Student Accounting Office website for details.
  • Students taking classes in Summer 2009 will be eligible to receive a prorated amount of the TIU grants/scholarships they normally receive during the academic year. Amounts will be based off the number for credit hours for which the student is billed. Receiving TIU grants/scholarships in the summer will not decrease one's aid in the fall
  • Students must be enrolled half-time in the summer in order to receive loans.  Half-time is typically 5 hours.
  • Each year students are eligible for a maximum of $20,500 in Federal Stafford Loans (up to $8,500 can be Subsidized).  We will assess remaining Stafford loan eligibility a student has leftover from the 2009-2010 school year.
  • If a student does not have any remaining Stafford loan eligibility we then recommend a Grad PLUS loan

Procedure:

  • Register for all summer courses.
  • Fill out the Summer Financial Aid form and send it in to the Financial Aid Office. You must be registered before we will evaluate your summer eligibility.
  • Receive a summer award letter within 2-4 weeks of sending in the form.
  • Sign and return the award letter at least a week before classes begin.
  • Apply for a Grad PLUS loan if your Stafford Loan eligibility does not cover your summer costs.

Important Notes:

  • Every student wishing to receive financial aid for the summer must complete the Summer Financial Aid form.
  • Any change in the number of hours you are taking will affect your summer financial aid.
  • If you drop below half-time at any point in the summer, all of your loans will be returned.
  • Perkins loans are not available for the summer.

 

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