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Summer 2009 Class Schedule

Money Matters: Disbursement of Financial Aid and Scholarship Funds

 
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  Financial Aid Eligibility Requirements
Summer Financial Aid Programs
Registration Fee Deferment
Disbursement of Financial Aid and Scholarship Funds

Financial Aid Eligibility Requirements

To be considered for summer financial aid, you must:

  • Be a continuing student from the spring 2009 semester or a new student who plans to enroll at SDSU for the fall 2009 semester.
  • Be enrolled at least half time in the SDSU State Supported Summer Session. (For undergraduate and teaching candidates, half-time enrollment is 6 units. For classified and conditionally classified graduates, half-time enrollment is 5 units).
  • Have filed a Free Application for Federal Student Aid for the 2008-09 year and the 2009-10 year and have an Award Notification from the Office of Financial Aid and Scholarships for each year.
  • Maintain satisfactory academic progress as defined by the Office of Financial Aid and Scholarships. If you are not making satisfactory academic progress at the end of the spring 2009 semester, you are not eligible for summer financial aid.

Summer Financial Aid Programs

Financial aid funds for attending summer session depend on your eligibility and available funding.  The Office of Financial Aid and Scholarships will help you to maximize your aid eligibility for attending summer session.

  • NEW – Students eligible for Pell Grant for 2009-10 may now receive additional Pell Grant assistance for attending summer session.  Pell Grant received during the summer will not affect the amount you receive during the fall and spring semesters.  This new federal regulation will allow you to accelerate your progress toward your degree.
  • Students borrowing Federal Direct Loans are limited to certain amounts within a single year.  For Direct Loans, your summer session eligibility is related to the amount of loan you receive during the preceding (or subsequent) fall and spring semesters.
  • Federal Work Study funds are available for employment on campus.
  • State University Grant may be awarded, but summer funds are limited.

Registration Fee Deferment (Postponement of Payment)

Log in to AidLink from the Office of Financial Aid and Scholarships Web site to review your options and the action you need to take to become eligible for a summer registration fee deferment. Once in AidLink, select the summer tab and follow the instructions.

If eligible, the Office of Financial Aid and Scholarships will electronically notify SDSU’s Office of the Registrar and University Cashiers Office that you are eligible to postpone the payment of your registration fees until your financial aid is disbursed mid-July.

Beginning in late May, and after you have enrolled in summer session, the Office of Financial Aid and Scholarships will review your eligibility and notify you of your summer session financial aid eligibility.

If you use the financial aid fee deferment and do not receive summer financial aid for any reason, YOU must pay your summer registration fees using your own funds.

Disbursement of Financial Aid and Scholarship Funds

All financial aid and scholarship payments are processed and disbursed by:

University Disbursements Office
Student Services West, Room 2536
(619) 594-5253
disb@mail.sdsu.edu
www.sdsu.edu/sfs

Disbursements Options:

Direct Deposit: Sign up for Direct Deposit and receive priority when disbursements are made. Disbursement for the summer session typically begins in July and continues throughout the summer as new awards are processed or changes to awards occur.

  • Choosing Direct Deposit means that your financial aid or scholarship refund (the amount after institutional charges are deducted) may be deposited directly into your personal checking or savings account at your bank.
  • Sign up on line at the Student Financial Services Web Site.

Note: As of the fall 2009 semester, direct deposit will be the only method available for financial aid disbursement.

Mail: if you do not sign up for Direct Deposit, any funds not used to pay university charges will be mailed beginning in July or as your financial aid funds become available. Checks are mailed to the address on file with the Office of the Registrar as indicated in your WebPortal account.

Disbursement Notification: The University Disbursements Office will send you an e-mail notice when we:

  • release your funds to pay university charges of registration fees (and housing)
  • directly deposit funds to your bank account (the quickest way to get your funds)
  • mail a check (if you are not signed up for Direct Deposit)

University Charges: San Diego State University policy is to apply financial aid and/or scholarship funds directly to charges for the semester's registration fees, residence hall charges, and other institutional expenses (including financial aid overpayments) before releasing funds to you.

Student Account Services Online: For online payment, billing and account services, log on to Student Account Services on the Student Financial Services Web site. View your "transaction history" to see how your funds were disbursed and applied toward your university charges.

Before funds can be disbursed, you must be enrolled at least half time and you must resolve any financial aid and cashier's holds affecting your aid.

 

 

Information on this Web site is subject to change without notice. Every effort is made to ensure that information is current and accurate.