Financial Aid for Summer

Students attending Summer 2018, who have a 2017-2018 Free Application for Federal Student Aid (FAFSA) in our system, who are fully admitted to a degree seeking program, and who meet TCC’s Standards of Satisfactory Academic Progress for Financial Aid (SAP) will have funds for which they are eligible awarded. For currently enrolled students satisfactory academic progress will be reviewed at the end of the spring term, and if the standards are not met aid will be adjusted accordingly.  All courses used for determining enrollment must apply toward the program in which the student is fully admitted to at TCC.

Enrollment Status

For financial aid purposes the enrollment status for Summer (less than half-time, half-time, three-quarter time, and full-time) has the same credit hour requirements as Fall and Spring:

Less than Half-Time         1-5 credit hours

Half-Time                          6-8 credit hours

Three-Quarter Time         9-11 credit hours

Full-time                            12 or more credit hours

The actual enrollment status will be determined at the end of regular add/drop period and will be one factor used in determining the actual amounts for which students are eligible. The estimated award may be revised if the final enrollment status is different from the initial enrollment status used to determine awards.

For all students receiving Federal Pell Grant, who have been awarded prior to the start of the main summer term, only credit hours in which the student enrolls by the end of the add/drop period will be used to determine Federal Pell Grant eligibility.

Summer Pell

Federal Pell Grants are available for summer, even if you have previously used the initial amount for which you were eligible. The US Department of Education has authorized institutions to award up to 150% of the Federal Pell Grant for which a student qualifies in an award year.  Most students will need to enroll in at least six eligible hours to qualify for the additional funds.  A limited number of students, who did not fully utilize their Federal Pell Grant in the Fall and/or Spring Semesters, may qualify for a less than half-time Federal Pell Grant. Students who have reached their Federal Pell Grant Lifetime Eligibility Usage cannot receive further Federal Pell Grant Funds.

Loans

TCC students previously awarded loans in the Fall and Spring Semesters were awarded the loans for which they were eligible. Since TCC awards loans for Fall, Spring, and Summer in the initial award, and if the student’s decision was to consolidate loans into Fall and Spring, no further funds are available for Summer.  New students who have completed the 2017-2018 FAFSA will be awarded loans for Summer only.  The Federal Government requires the College to make the loan in two payments, with one occurring after the midpoint of the semester. All students receiving loans must be enrolled in six eligible hours.  By Federal regulation, loans for first time in college students cannot be disbursed until 30 days after the start of the term in which the student is enrolled in at least six eligible credit hours.

Bright Futures

Florida Bright Futures Academic Scholars eligible for the 2017-2018 academic year may receive Summer 2018 funding for tuition and applicable fees. The $300 college related expense stipend is NOT available in the summer.  Bright Future students are limited to a maximum of 45 credit hours per year.  Students wanting to participate in funding for the Academic Scholars Program should enroll no later than June 22, 2018 in a minimum of six eligible credit hours.

Summer Work-Study

Summer Work-Study funds are available until June 16. Please notify the Financial Aid Office if you wish to participate in the program.

Disbursements

Disbursements for Summer will begin after attendance for eligible classes is verified. If attendance is verified incrementally, multiple disbursement of aid will occur.

Questions?

For more information, contact us by phone (850) 201-8399, fax (850) 201-8414 or email finaid@tcc.fl.edu.

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