Financial Aid for Summer Semester

Your eligibility for the Federal Pell Grant program is based on the number of credits that you are enrolled in, and are participating in, as of the financial aid census date. The census date for the Summer 2022 semester will be June 2^nd, 2022, for all* students, regardless of which summer session(s) you attend.

For students that have submitted a 2021-2022 FAFSA to Massasoit by June 2^nd, 2022, and have a calculated expected family contribution (EFC), which will be the case for the vast majority of applicants, summer financial aid awards will be tentatively based on the number of eligible credits for which you are registered at the time of awarding.  If your actual enrollment on the census date differs from the enrollment status on which your tentative summer financial aid award was originally based, it may be adjusted and/or cancelled.

If you drop, withdraw, or stop participating in a class on or before June 2^nd, it will NOT count in your enrollment status for financial aid purposes. You must be participating in class as of June 3^rd (or, in the case of Summer Session II classes, registered for the class) for the credits to qualify for financial aid.

Once you have been awarded Summer financial aid, classes added after the census date (such as Summer Session II classes) will not be included in your enrollment status when determining your eligibility for the Federal Pell Grant* (although they may be included for loan purposes), so it is very important that you register for all Summer Semester classes that you intend to take prior to the close of business on June 2^nd.

* Exceptions: Students that have not submitted a 2021 – 2022 FAFSA with a calculated EFC as of June 2, 2022 will have their Pell Grant eligibility based on their enrollment status as of the date Massasoit receives their FAFSA with a calculated EFC.  If you are not enrolled as of that date, Pell Grant eligibility will be based on your enrollment status as of the first day that you enroll, so it is important that you register for all classes on the same day, regardless of session. Also, students who enroll in Summer II session classes only will have their Pell Grant eligibility based on the their enrollment as of the date that they register for their Summer II Session classes, so it is important that students enrolling in only Summer II session classes enroll in all classes on the same day.

• All Summer 2022 financial aid awards are considered tentative until your Spring grades have been reviewed. If we determine that you are not in compliance with the Satisfactory Academic Progress (SAP) policy after your grades have been reviewed, your financial aid award will be revoked, and you will be required to pay for your Summer Semester classes without the benefit of financial aid, including loans.
• If you drop a Summer class for which financial aid was awarded, there may be significant financial implications:
  • You may become ineligible for some, or all, of the financial aid that you were awarded.
    • If you have a loan that has not been disbursed, and drop below six credits, your loan will be cancelled as you must maintain at least half-time status (6+) to participate in the Federal Direct Loan Programs.
    • If you have a Pell Grant award that is contingent on half-time enrollment and you drop to less than six credits, your award will be cancelled.
    • If you are enrolled in Summer I, and decide to drop a Summer II class for which you were registered, your Pell Grant eligibility will be recalculated to reflect your reduced enrollment and your award may be reduced or cancelled.
• If your financial aid award is based on Summer Session I and Summer Session II classes, and you decide not to take the Summer Session II class, your financial aid award will be recalculated. Please be sure to drop Summer II during the add/drop period so that you will not be charged for the course(s). You may owe a balance for the course(s) if you do not officially withdraw during the add/drop period.
• If your financial aid award is based on registration in Summer Session I and Summer Session II and you decide to drop your Summer I class but still plan on taking a course in Summer II, you must provide written confirmation of your intent to return in Summer II at the time you drop the Summer I course. Without written confirmation, Massasoit will be required to treat you as a withdrawn student and we will be required to perform a Return to Title IV Funds calculation. If you do provide written confirmation of future attendance in Summer Session II, but then do not actually return for Summer Session II, you will also be treated as a withdrawal and a Return to Title IV Funds calculation will be performed.
• If you withdraw from all eligible classes prior to completing at least 60% of the days in the Summer session(s) that you were scheduled to attend, you will considered a withdrawal and a  Return to Title IV Funds calculation will be performed.

If you are a financial aid recipient and decide that you would like to drop a Summer class, or withdraw from the Summer Semester entirely, please see a Financial Aid Counselor BEFORE you act.

After your course participation has been confirmed, and award adjustments have been made (if necessary) , financial aid will be disbursed directly to your student account. We anticipate the first Summer disbursement will be in mid-June, and weekly thereafter.

Federal financial aid funds are disbursed on the basis of your enrollment status at the time of disbursement, on the presumption that you will attend the classes for which aid has been awarded, including Summer Session II classes, and late starting CTIM classes, that may not have begun at the time your funds are disbursed.

If you do not initiate attendance in Summer Session II classes that you were scheduled to attend, your Pell Grant eligibility will be recalculated, and you may be subject to a Return to Title IV Funds Calculation. This will result in a balance due for which you will be responsible.

For the Summer Semester only, Massasoit will invoke low cohort default rate exemptions and will disburse Summer loans in a single installment. Additionally, we will not delay the disbursement of a loan for 30 days for first-time, first-year undergraduate students.

If your financial aid award exceeds your charges, and you have completed all loan requirements (if applicable), you may use your anticipated credit balance to purchase books and supplies at the Massasoit Bookstore. If you are eligible to participate in this program, the Financial Aid Office will send an email to your Massasoit email address with additional information.