COVID-19 Reporting and Information • HEERF I, II & III

Financial Aid

2022 Summer Financial Aid Request Form

Now Available

(Requires the 2021-2022 FAFSA to have been completed and processed)

 

LOAN offers will only be made to students who have registered (which begins April 4th) for at least half-time (6 semester hours for undergraduates and 5 for graduates) in courses required to complete their program of study.  The loan may later be canceled and the student have to repay funds already received if he/she drops below half-time hours or just stops attending class(es). PELL eligibility will be determined on an individual basis, based on hours enrolled and funds already paid to the student during fall 2021 and spring 2022.  PELL will be posted for the maximum amount eligible, and will pro-rate based on actual hours enrolled for courses that are required to complete the program of study. 
 

Enrollment in Intersession Classes ONLY does NOT meet federal guidelines for a federal loan. Therefore; if you enroll only for intercession (May 9th – May 22nd), you cannot get a federal loan and may not have any federal aid eligibility.

 

***IMPORTANT NOTICE*** Our Satisfactory Academic Progress (SAP) Process is run at least after the end of every spring term.   If a student does not meet SAP standards for federal financial aid at the end of the spring term, they may not be eligible for aid already awarded to them for summer.   Students who do not meet SAP standards will have the option to appeal. ***

 
PLEASE allow 7-10 business days AFTER you have registered and submitted the summer application for your aid eligibility to be posted. Once an offer is made, we will send an e-mail to your Tennessee Tech e-mail account telling you to check your aid eligibility online. Students must confirm their enrollment with the Business Office or through Eagle Online to hold their summer schedule.

You may be eligible for a Federal Direct Student Loan for the summer if you have not already borrowed your yearly loan limit during the 2021-22 academic year. The amount of loan eligibility depends on the amount of loans previously borrowed, hours of enrollment and enrollment period, year in school, and dependency status.  Only hours for courses required to complete your program of study will be considered to determine federal loan eligibility.

Dependent students who have borrowed their maximum loan eligibility may want to consider a Federal Parent PLUS Loan or Alternative Loan. Parent PLUS is a loan that a PARENT may request to assist in paying educational costs for their dependent student.  Information and the process to apply are available at https://www.tntech.edu/financialaid/types/loans/plus.php.  The Alternative Loan is for the STUDENT borrower and is a credit-based loan.  Information on the process and lender history is available at https://www.tntech.edu/financialaid/types/loans/altloans.php .  

The cost for attending summer semester is approximately $433 per credit hour for in-state undergraduate courses and $632 per credit hour for in-state graduate courses.