Summer Financial Aid Information
Students may qualify for financial aid as a resource for summer term costs. While the availability of some programs differs for summer term versus the academic year (fall/spring semesters) and a separate financial aid award is provided for summer term, many of the processes are the same.
Summer term financial aid awards typically become available starting early April.
You will receive a financial aid award if you:
- Register for summer term course(s), and
- Have a completed and processed 2022-2023 Free Application for Federal Student Aid (FAFSA) with Minnesota State University, Mankato
If you graduated from a Minnesota high school but do not meet the citizenship requirements to complete the FAFSA go to the Minnesota Office of Higher Education website for possible financial aid resources through the State of Minnesota.
To View and Accept Your financial aid awards
Note: When you log in to e-services navigate to the Financial Aid Awards page be sure the term displays as Summer 2023. If not, select Change Semester and select Summer 2023 from the drop-down menu, then click on the Change Semester button to see the message, “Semester successfully changed.” Then navigate back to the Financial Aid Awards page.
How Enrollment Impacts Financial Aid Eligibility
Summer term is equivalent to one academic semester. Your eligibility is determined based on the number of credits for which you are enrolled, and is prorated for less than full-time enrollment. The financial aid cost of attendance (budget) is also initially set at the cost of attendance for the full 10-week period for summer term and may be decreased if the timespan for all courses is less than 10 weeks.
Undergraduate students must be enrolled in a minimum of 6 undergraduate level credit hours to qualify to borrow Federal Direct student/parent loans (Subsidized, Unsubsidized, Parent PLUS).
Graduate students must be enrolled in a minimum of 6 graduate level credit hours to qualify to borrow Federal Direct student loans (Unsubsidized, Graduate PLUS).
Course Not Yet Begun
Enrolling at Another School
If you are planning on registering for summer courses at another school and you are seeking financial aid through Minnesota State University, Mankato for that course(s), a Consortium Agreement must be requested. This form is used to determine financial aid eligibility for courses that are applicable to your degree program at Minnesota State University, Mankato. The consortium agreement is approved on an individual, course-specific basis; no financial aid is disbursed to the student for enrollment at another school without an approved Consortium Agreement. Please refer to our website on Consortium Agreements for the form to complete and for more information.
Important Dates & Deadlines
Review all of the summer term important dates when they become available.
- May 19, 2023 Federal Pell Grant eligibility is based on enrollment level as of the end of the fifth day of the semester
- May 26, 2023 Disbursement of summer financial aid funds begins.
- June 7, 2023 Deadline to submit appeals to reinstate financial aid suspended for failure to meet Satisfactory Academic Progress (SAP) Standards.
- July 14, 2023 Deadline for all summer term federal Direct loans to be approved and certified.