Summer Financial Aid

Summer is considered a "leading" semester for the fall and spring semesters. As a result, students who are requesting aid for summer must have submitted a FAFSA for the upcoming school year (for example, for summer 2014, the 2014-2015 FAFSA results must be on file in our office) and will be awarded aid for the entire aid award year (summer, fall, spring). Students must take this into account when accepting aid for summer, since summer aid will reduce the amount they will have available for the following fall and spring semesters when most students take more credit hours. An SDSM&T Summer Financial Aid Application, available at the link below, must also be completed and submitted to our office before you will be considered for summer aid.

If you are just beginning your college career during the summer of 2014, or if you did not attend full time during both fall 2013 and spring 2014, you should make sure the School of Mines has your 2013-2014 FAFSA record so that we can see if you have any aid eligibility remaining so as to minimize the impact of summer aid on aid eligibility for fall 2014 and spring 2015.

For Financial Aid purposes, enrollment status during the summer (full, 3/4, 1/2 and less than half time) is the same as it is for the fall and spring semesters. For example, over the course of the summer, undergraduate students must take 12 credit hours and graduate students must take 9 credit hours to be considered full time. As a general rule, you must be taking at least a half time course load (6 credits for undergraduate and 4.5 credits for graduate students) to be eligible for summer financial aid.

Summer 2014 Financial Aid Application

 

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Always Here to Help

Financial aid is new territory for many students and their parents, and can some times be complex.

Please feel free to contact the School of Mines Financial Aid Office if you have questions or need assistance on financial aid matters.