Financial Aid Guidelines for Supplemental Sessions (Winter & Summer)
The information here outlines the allocation of financial aid for Winter and Summer terms, which are treated differently than the standard Fall and Spring semesters.
Winter Session Financial Aid Policy
Term Classification and Funding Source: The Winter Session is not recognized as a separate, stand-alone term for federal, state or institutional financial aid processing. Consequently, the funding for your Winter enrollment is drawn directly from your established Spring semester financial aid package. Therefore, taking a Winter course will reduce the amount of aid available to you during the Spring semester.
Disbursement and Eligibility: Aid disbursement for Winter enrollment is strictly governed by the eligibility criteria of each specific grant or scholarship. For example, a grant like the Tuition Aid Grant (TAG) covers only 3 Winter credits in combination with spring enrollment only.
Summer Session Financial Aid Policy (The “Trailer” Session)
Term Designation: The Summer Semester is officially designated as a “trailer” session of the current academic year. It functions as the third and final period for accessing aid associated with the current award cycle.
Federal Aid Availability: Eligibility for federal financial aid during the Summer term is contingent upon the student having unused aid capacity. If a student has already exhausted their maximum annual aid eligibility during the Fall and Spring semesters, no federal funds will be available for Summer enrollment.
*State Aid Availability: Availability for State financial aid programs during the Summer term is contingent upon annual state appropriations. For additional information on State financial aid programs, visit the website for the New Jersey Higher Education Student Assistance Authority (HESAA) at www.hesaa.org
Proactive Review: Students are strongly advised to proactively review their remaining financial aid balances and current status with the Financial Aid office well in advance of the Winter and Summer Terms start dates to determine their available funds.