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For the 2013-2014, 2012-2013
School Years
Minnesota State Mankato
School Code: 002360
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Students may qualify for financial aid as a resource for summer term costs. The summer application is required for all types of financial aid funding, i.e. grants and loans.
Other Summer 2013 Important Dates
*Students who have received financial aid awards for Fall and/or Spring Semesters 2012-2013 have met the FAFSA requirement.
For financial aid purposes, the Summer Term is considered to be the equivalent of one academic semester. For less than full-time enrollment, aid will be prorated. Your eligibility is determined based on the number of credits for which you are enrolled. Changes to your enrollment status may reduce or cancel your financial aid.
Enrollment/Credit Requirements
| Full Time | 3/4 Time | 1/2 Time | Minimum | ||||
| Undergraduate | 12* | 9-11 | 6-8 | 6† | |||
| Graduate | 6‡ | - | - | 6‡ |
* To be eligible for a full-time Minnesota State Grant, you must be enrolled for 15 credits.
However, students who are enrolled for 3-14 credits may still have eligibility.
† Eligibility for the Federal Pell and Minnesota State Grant may be possible for less than 6 credits.
‡ Graduate students must be enrolled in a minimum of 6 graduate level credit hours to qualify for federal student loans.
Federal and/or State grants may be available, depending on your 2012-13 financial aid awards for the Fall and Spring semesters.
The types of financial aid available during the Summer Term are primarily limited to student loans, i.e., Federal Stafford/Direct Loans, Federal Perkins Loan, Federal PLUS Loan, Federal Graduate PLUS and other alternative/private loan options. Having a Federal Direct Subsidized/Unsubsidized Loan during the 2012-2013 academic year may impact your eligibility for the Federal Direct Subsidized/Unsubsidized Loan for the Summer Term due to the annual limits by grade classification. Therefore, your Direct Loan eligibility may be limited or exhausted for the Summer Term.
There are maximum annual and aggregate limits on Federal Direct Loans. The annual maximums are based on grade classification and dependent/independent status.
| Grade Classification | Annual Limit | Aggregate Limit |
| Freshman | $ 5,500 (subsidized may not exceed $3,500) | $ 31,000 (subsidized may not exceed $23,000) |
| Sophomore | $ 6,500 (subsidized may not exceed $4,500) | $ 31,000 (subsidized may not exceed $23,000) |
| Junior & Senior | $ 7,500 (subsidized may not exceed $5,500) | $ 31,000 (subsidized may not exceed $23,000) |
| Grade Classification | Annual Limit | Aggregate Limit |
| Freshman | $ 9,500 (subsidized may not exceed $3,500) | $ 57,500 (subsidized may not exceed $23,000) |
| Sophomore | $ 10,500 (subsidized may not exceed $4,500) | $ 57,500 (subsidized may not exceed $23,000) |
| Junior & Senior | $ 12,500 (subsidized may not exceed $5,500) | $ 57,500 (subsidized may not exceed $23,000) |
| Graduate | $ 20,500 (unsubsidized only as of July 1, 2012) | $ 138,500 (subsidized may not exceed $65,500) |
Do you need a Summer Budget Adjustment? If you are studying abroad, have extra fees for aviation flight labs, daycare, mileage for commuting (35 or more miles round trip), or other additional program expenses, you must complete a separate summer Budget Adjustment Request Form with all required documentation. You must make an appointment with a financial aid advisor to submit your summer Budget Adjustment Request Form. To make an appointment, contact the Campus Hub at (507) 389-1866 or stop by 117 Centennial Student Union.
Budget Adjustment Request Form (PDF)
If you submitted an application for a Minnesota Child Care Grant during the academic year, you do not need to submit a new application for summer term. Simply contact the Campus Hub to notify Student Financial Services of your interest in being considered for these grants during summer term.
If you are not currently receiving the Minnesota Child Care Grant, please print, complete and submit the Child Care application to Student Financial Services as soon as possible, but no later than June 30, 2013. Funding is still available for summer. Please contact the Campus Hub for information on applying.
Minnesota Post-Secondary Child Care Grant Application (PDF)
If you submitted an application for a Minnesota GI Bill Grant during the academic year, you do not need to submit a new application for summer term. Simply contact the Campus Hub to notify Student Financial Services of your interest in being considered for this grant during summer term.
If you are a military service veteran and have not submitted an application for a Minnesota GI Bill Grant during the academic year, the application is available online.
Minnesota State
University, Mankato
Mankato, MN 56001
1-800-722-0544
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Minnesota State Colleges & Universities system and an affirmative action/equal opportunity university.
