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California State University, Long Beach

Financial Aid for Summer 2014

CSU Long Beach has limited funding available for CSULB students attending Summer semester. Summer 2014 is considered part of the 2013-2014 academic year so your eligibility will be based on remaining financial aid from your 2013-2014 awards.

Summer Financial Aid

Types of Summer Financial Aid

Summer financial aid funding is available from federal and private loan programs to CSULB students. Eligibility for federal loans will depend upon your remaining/unused loan funds from the Fall and Spring semesters. Private loan eligibility will vary from program to program.

Federal Loans (Stafford and PLUS)

CSULB students who received financial aid during the 2013-14 academic year and have remaining Stafford loan eligibility may be eligible for summer loan assistance. For those students who do not have remaining Stafford loan eligibility, a PLUS loan may be an option (Parent PLUS for Undergraduate students, Graduate PLUS for graduate students). You must be enrolled at least half-time during the Summer semester in order to be eligible to receive a summer loan. Additional information on Summer Federal Loan eligibility and payment.

Private Loans

CSULB students who have exhausted all other financial aid options may wish to pursue a private education loan to cover costs associated with the Summer semester. These loans typically require a co-signer. Federal Regulations prohibit CSULB from recommending or advising students on specific private loan options; however, general information to keep in mind when considering and/or applying for a private loan is available. Additional information on Summer Private loans.

Summer Aid Award Notification

How will I be notified of my summer aid awards?

Federal Loans (Stafford or PLUS): If you submit a Summer Loan Request to the Office of Financial Aid, you will receive an email notification once your request has been processed. Please note that submission of a loan request does not guarantee you will receive a loan – you must meet the loan eligibility criteria in order receive one. Refer to the Federal Loan page for additional details.

Summer Private Loans

Summer Private Loans: If you submit a Summer Loan Request to the Office of Financial Aid, you will receive an email notification once your request has been processed.  Please note that submission of a loan request does not guarantee you will receive a loan – you must meet the lender's loan eligibility criteria in order receive one.  Refer to the Private Loan page for additional details.

Paying Summer Fees

Will I be responsible for paying my Summer registration fees prior to my financial aid disbursing?

When you register for summer classes, you will be advised of your account balance, and the date by which you must pay your balance. There are no fee deferments for the Summer semester; financial aid funds will not disburse until after Summer fees are due therefore you will need to make arrangements to pay your tuition and fees with your own funds.

Federal and Private Loans: Students who submit a request for a Summer Loan are responsible for paying their summer registration fees by the stated deadline, as loans will not disburse until after the deadline dates.

All offers of summer financial aid are contingent on students successfully completing courses for the Spring semester. We will review grades in mid-June and if you do not meet the requirements of our Satisfactory Academic Progress Policy, your summer financial aid will be cancelled. If any summer financial aid funds have been disbursed prior to the SAP review, the awards will be cancelled and you will be responsible for any resulting charges.

If your current (Spring 2014 semester) SAP Status is “Warning” or “Probation,” your loan request will not be processed until after Spring 2014 grades have posted and SAP has run (mid-June). This is to ensure that you are eligible to receive Federal Loans for the Summer semester.

Disbursement of Summer Aid

How and when will my summer aid be disbursed?

Financial aid funds will be disbursed to CSULB and credited towards your university account. The funds will first be credited toward any outstanding balance; any remaining funds will then be issued as a refund through eRefund. In most cases, summer aid will be paid at the beginning of your first summer course.

Funds are disbursed as follows:

Stafford and PLUS Loans

The first disbursement for Summer 2014 loans will be May 19, 2014, and then on a daily basis thereafter. Loans will be disbursed based on your summer enrollment; see the chart below for details:

Term Summer Enrollment Begins Initial Disbursement Dates
May Intersession (5/19/14 – 6/06/14) 5/19/2014
Full Summer Session (5/27/13 – 8/15/14) 5/19/2014
Summer Session I (5/27/14 – 7/03/14) 5/19/2014
Summer Session III (7/07/14 – 8/15/14) 7/07/2014

Private Loans

Private loans follow the same disbursement guidelines as above; however, the date of disbursement is dependent upon when funds are actually received at CSULB from the lender.

All offers of summer financial aid are contingent on students successfully completing courses for the Spring semester. We will review grades in mid-June and if you do not meet the requirements of our Satisfactory Academic Progress Policy, your summer financial aid will be cancelled. If any summer financial aid funds have been disbursed prior to the SAP review, your awards will be cancelled and you will be responsible for any resulting charges.

If your current (Spring 2014 semester) SAP Status is “Warning” or “Probation,” your loan request will not be processed until after Spring 2014 grades have posted and SAP has run (mid-June). This is to ensure that you are eligible to receive Federal Loans for the Summer semester.

Dropping Summer Classes

What happens if I withdraw from a summer class?

Before you drop a summer class, read the refund and withdrawal policies in the Summer 2014 Class Schedule.

Partial Withdrawal

If you receive financial aid for Summer 2014 and you drop one or more classes but not all classes before the end of the session, you may be required to repay part or all of the funds you received. If the withdrawal results in enrollment in less than 6 units for Summer 2014, your financial aid awards will be cancelled and you will be billed for the resulting charges.

Full Withdrawal

If you receive financial aid for Summer 2014 and you withdraw from all courses before the end of the term, you will most likely be required to return a portion of your aid. A calculation will be performed based on when you last attended and/or withdrew from your courses.

Please be aware that partial or Full withdrawals from summer term, where a grade of W is assigned, may impact your Satisfactory Academic Progress standing.

Satisfactory Academic Progress

What is "Satisfactory Academic Progress"?

All offers of summer financial aid are contingent on students successfully completing courses for the Spring semester. We will review grades at the end of the semester and if you do not meet the requirements of our Satisfactory Academic Progress Policy, your summer financial aid will be cancelled. If any summer financial aid funds have been disbursed prior to the SAP review, you may be billed.

Summer 2014 Financial Aid Timeline / Important Dates

Time / Date Event
March 10, 2014 Summer session registration begins
March 10, 2014 Summer Loan Application available
May 19, 2014 First day of classes for May Intersession (May 20 – June 7)
May 19, 2014 Loan disbursement for students enrolled in May intersession, Summer Session 1, or Full Summer Session
May 27, 2014 First day of classes for Summer Session 1 (5/27 – 7/3);
First day of classes for Full Summer Session (5/27 – 8/15)
June 1, 2014 Priority application deadline for Summer loans (Stafford and PLUS)
June 15, 2014 SAP review for Spring 2014 semester
July 7, 2014 First day of classes for Summer Session 3 (7/7 – 8/15)
July 7, 2014 Loan disbursement for students enrolled in Summer Session 3
August 15, 2014 Last day of Summer 2014 classes. All summer aid must disburse by this date.