APPLYING FOR AID
Minimester and Summer Trimester Term
Minimester
Towson University does not offer aid for Minimester attendance
Summer Trimester Term
Student financial aid for summer attendance comes from the Federal Direct Loan Program.* You may borrow from this program if you meet all of the following conditions:
- You register for and maintain a total summer course load of at least six units (for example, three units during Summer Session I and three units during Summer Session II).
- You meet all other general eligibility requirements for receiving aid, such as being enrolled in a degree or certificate program and making satisfactory progress.
- You have applied for aid for the current 2009-2010 academic year, using the Free Application for Federal Student Aid (FAFSA).
- You have not already borrowed the annual loan limit for your grade level (as determined by the number of units you have earned).
If you borrowed less than the limit for your grade level during the 2009-2010 academic year, you can borrow up to the difference between your current loan and the limit for your grade level. (For example, a senior who only borrowed $5,000 in Federal Direct Subsidized Student Loan can borrow up to $500 for the summer, bringing the student up to the $5,500 subsidized loan limit for senior standing.)
Review the Summer Loan Fact Sheet and complete the Summer Loan Application and return it to the Financial Aid Office. Because the amount of your loan will depend on the number of sessions you attend as well as your course load, the Financial Aid Office will process your application only after you register for summer classes. Any reduction to your summer course load may result in a reduction to your loan.
*In addition, if you are a Pell grant recipient and enrolled less than full-time during the 2009-2010 academic year, you may have remaining eligibility for Pell
.
Financial Aid Office
Enrollment Services, Room 339
Hours: Monday - Thursday, 8 a.m. - 5 p.m.; Friday, 8 a.m. - 4:30 p.m. (Reception Desk)
Monday - Thursday, 8:30 a.m. - 5 p.m.; Friday, 8:30 a.m. - 4:30 p.m. (Financial Aid Call Center)
1-888-4TOWSON (toll free)
Phone: 410-704-4236
Fax: 410-704-2584
E-mail: finaid@towson.edu
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