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Federal Pell Grant Program


Federal Pell Grants for the summer are available for students who are eligible under a new law passed by the Department of Education. This law allows students to receive 150% of their Pell Grant.  As an example, if a student is eligible for $5,920 for the academic year, under the new law the student can receive up to $8,880 ($5,920 x 150%). The actual award is still based on the number of credits students take during the summer term. Students should complete a current academic year FAFSA, as well as the upcoming academic year FAFSA; i.e., for summer 2018 - complete the 2017-18 and 2018-19 FAFSA. This will allow the Student Financial Aid Office to award the Pell Grant from the academic year that is most advantageous to the student based on the number of credits for which the student registers. Students are encouraged to contact the Student Financial Aid Office for assistance in determining the exact award amount.

 


Federal Subsidized and/or Unsubsidized Direct Student Loans


Direct Student Loans for the summer semester are awarded and paid as a header to the upcoming academic year.  Students will receive an Award Notification Email after their financial aid file has been awarded and verified. Your awards will be packaged for the semester(s) you indicated on your paperwork that you would be attending.

If you indicated you will be attending the summer semester, your loan(s) will include the summer semester. After you have received your email, go to your WebAdvisor account and log in to Review and Accept your Financial Aid Award Package. It is here that you will either accept or decline your student loan award(s) for each semester.

In addition to accepting your student loan(s) on WebAdvisor, you must print, complete and return a Loan Acceptance Form to the Student Financial Aid Office. This form is found under Resources on your Financial Aid Home page and will be processed in the order they are received. Your loan amounts will not show on your bill until this form has been received and processed.

If you did not originally select summer as a semester you would be attending, you can do so now by submitting a Loan Change Form, also found under Resources on your Financial Aid Home page. Choose to include summer semester on that form and submit. From there you will receive an email from the Student Financial Aid Office of what to do next.

Please keep in mind you must be enrolled in at least 6 credit hours for your loan to disburse, and first-time ACM borrowers will also need to complete Entrance Counseling and Master Promissory Note online. And as always, be sure you are regularly checking your ACM student email for other important information about your financial aid.

 


Federal Work Study


Students wishing to work over the summer must complete the Summer Work-Study Application. Work-study positions pay $10.10 per hour. Positions in the America Reads program receive a higher hourly wage. Students do not need to be registered for summer classes in order to take advantage of a work-study position, but must have a complete and verified financial aid file before April 15 and be pre-registered for the upcoming Fall term. Once a summer work-study award is made, students must access their WebAdvisor account to accept the award.   Any awards not accepted within 14 days will be cancelled.