To be considered for Summer 2012 Financial AidMoney provided to the student and the family to help them pay for the student's education. Major forms of financial aid include gift aid (grants and scholarships) and self help aid (loans and work)., you must:

• Be accepted for admission by the university and enrolled in an eligible degree program. Visiting students are not eligible for financial aid.
• Complete the 2011-2012 Free Application for Federal Student Aid (FAFSA)The FAFSA is used to apply for Pell Grants and all other aid. Complete your FAFSA via web at www.fafsa.gov . As the name suggests, no fee is charged to file a FAFSA. Follow the directions carefully to ensure proper and efficient processing. or the Renewal  FAFSA. The 2011-2012 FAFSA will be available online through June 30, 2012; however, UNT’s Priority Date for summer aid consideration is February 15, 2012.
• Complete the Summer Application for Financial Aid online at myUNT. The application deadline is July 16, 2012.
• Verify and finalize any pending items by checking your “To Do List” on myUNT.

Enrollment Information for Summer 2012

DisbursementDisbursement is the release of loan funds to the school for delivery to the borrower. The payment will be made co-payable to the student and the school. Loan funds are first credited to the student's account for payment of tuition and fees. Any excess funds are then paid to the student in cash or by check for the purpose of paying for other educational expenses. of Financial Aid Funds

• For your awards to disburse, your awards must be "accepted" on myUNT. You can also “decline” awards you do not want.
• Satisfactory Academic Progress (SAP) is being monitored at the end of each term. You must be meeting at least the minimum standards for SAP by the end of any given enrollment period at UNT to maintain financial aid eligibility.
• Disbursement of most financial aid funds to undergraduate students will occur once you establish half-timeDuring each term, 6-8 credit hours is considered half-time for undergraduate students. For graduate students, 5 hours is considered half-time. (6 undergraduate hours) attendance.
• Disbursement of most financial aid funds to graduate students will occur once you establish half-time (5 graduate hours) attendance.
• State and institutional grantA grant is a type of financial aid based on financial need that the student does not have to repay. funds will be disbursed in one disbursement on the 1st class day of the session in which you establish half-time attendance.
• Federal grant payments may be delayed due to required review by SFAS staff. These payments are based on your annual limit and on your summer enrollment statusAn indication of whether a student is a full-time or part-time student. Generally, students must be enrolled at least half-time (and in some cases full-time) to qualify for financial aid.. Please note: some grants have additional requirements and are not guaranteed.
• LoanA loan is a type of financial aid that must be repaid, with interest. The Federal Student Loan Program is a good method of financing the costs of your college education. These loans are better than most consumer loans because they have lower interest rates. The Federal Loans and Perkins Loans also provide a variety of deferment options and extended repayment terms. funds will be disbursed in one disbursement on the 1st class day of the session in which you establish half-time attendance. You must have completed Entrance Counseling requirements and have a signed Master Promissory NoteTo take out a Direct Loan for the first time, you must complete a Master Promissory Note (MPN). You can complete the MPN online at the StudentLoans.gov website. The MPN is a legal document in which you promise to repay your loan(s) and any accrued interest and fees to the Department. It also explains the terms and conditions of your loan(s). If you are applying for a Direct PLUS for the first time as a graduate/professional student, you'll need to complete and sign a PLUS MPN that is separate from the one that you use for your Direct Subsidized and Unsubsidized Loans. (MPN) on file before funds will disburse.
• If you have been awarded your maximum Direct Stafford loan eligibility during the Fall/Spring 2011-2012 terms, you will not be eligible for loan funds during the Summer 2012 term.

Attendance and Withdrawal Information

• You must adhere to class attendance requirements as defined by the university if you enroll in Internet classes.
• Dropping courses below half-time prior to disbursement of financial aid may result in your becoming ineligible for all non-disbursed aid. Additionally, if class attendance is not established, you will be ineligible for disbursed aid and therefore owe a debt to the university.
• If you register for summer classes and decide not to attend, you are REQUIRED to notify BOTH Student Financial Aid and Scholarships AND the Registrar’s Office immediately to begin the withdrawal process.
• If you withdraw from UNT prior to the 60% point of the summer term, you may owe a repayment of financial aid funds to the program(s) from which they were awarded (thus owing a debt to the university).  
• Failure to officially withdraw may result in the receipt of failing grades and you may owe a repayment of financial aid funds to the program(s) from which they were awarded (thus owing a debt to the university) .
• Students who receive failing grades (F’s, WF’s and/or NP’s) in ALL classes while also receiving federal financial aid may owe a repayment of financial aid funds to the program(s) from which they were awarded     (thus owing a debt to the university).
• Withdrawing from classes or failing to complete and pass registered hours will affect your future eligibility for financial aid. You must meet Satisfactory Academic Progress requirements to maintain eligibility for financial aid as defined by Student Financial Aid and Scholarships.
• If you have outstanding charges from a previous award yearThe academic year is defined as a set number of semesters as determined by the institution., you must pay your balance before any current term funds will be posted to your tuition and fee account.

Pending Aid

• If the total amount of your Pending Aid does not cover your full tuition and fee balance, arrangements for the difference must be made in Student Accounting and University Cashiering Services to prevent your classes from being dropped regardless of whether your financial aid and scholarship proceeds are available by the payment deadline.
• Pending Aid is: (1) Scholarships you have been awarded, and/or (2) financial aid you have “Accepted” on myUNT.
• Pending Aid does NOT include Work StudySee Federal Work-Study or Parent (PLUS) Loans or Grad PLUS LoansParent Loans for Undergraduate Students (PLUS) are federal loans available to parents of dependent undergraduate students to help finance the child's education. Parents may borrow up to the full cost of their children's education less the amount of any other financial aid received. PLUS Loans may be used to pay the EFC. There is a minimal credit check required for the PLUS loan, so a good credit history is required. Students are advised to check with their local bank to see if they participate in the PLUS loan program. If the application for a PLUS loan is turned down, the student may be eligible to borrow additional money under the Unsubsidized Stafford Loan program. that have been denied due to adverse credit history by the borrower’s lenderA lender is a financial institution that provides funds to the student or parent for an educational loan..
• The Parent (PLUS) Loan and the Grad PLUS Loan will count toward Pending Aid if the Parent (PLUS) Loan borrower or Grad PLUS Loan borrower does not have an adverse credit history and Student Financial Aid and Scholarships has received a credit approval through the Federal Direct Loan Program.

For Your Information

• Financial aid cost of attendance is based on your anticipated summer enrollment, as indicated on your summer application.
• Financial aid eligibility is based on your undergraduate or graduate career and academic program. If you graduate or are admitted to a graduate program prior to Summer 2012, your aid eligibility must be re-evaluated.  It is your responsibility to notify Student Financial Aid and Scholarships at any point your academic program changes. Please refer to the Graduate Academic Program Information page to determine eligibility for graduate and post-baccalaureate academic programs.
• Scholarship checks should be submitted to Student Financial Aid and Scholarships for posting and disbursement before the payment deadline of the summer session(s) in which you enroll.
• Concurrent Enrollment Agreements are not processed during the summer term.
• Questions regarding the refund process at UNT can be addressed with Student Accounting and University Cashiering Services in the Eagle Student Services Center.

Reminders

• Register early for summer classes!
• Grant funding is limited for the summer. Apply early!
• The later a student submits their FAFSA and/or Summer Application, the later their funds will be available. Students who file a late FAFSA application will be expected to pay their own expenses and wait until their funds arrive to be reimbursed.
• Check your official UNT email regularly. Official notifications from our office will be sent via email whenever possible.
• Visit our website regularly for news and important updates including UNT’s financial aid Priority Dates for Fall/Spring 2012-2013.