Summer Loan Supplemental Information by HC121104123020

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									                           Summer 2012
               CLARION UNIVERSITY OF PENNSYLVANIA
                            Direct Stafford Loan Summer Request
                                                  (TO BE COMPLETED BY STUDENT)

   CONTACT FINANCIAL AID IF YOU ARE WAITING FOR A PARENT PLUS OR GRAD PLUS LOAN FOR SUMMER

IMPORTANT:
  Borrowing for summer session WILL reduce your loan eligibility for FALL & SPRING semesters by one-third.
                  A 2012-13 FAFSA form will be used to determine summer loan eligibility.
          You may wish to consider an Alternative Loan for summer rather than reducing your eligibility for fall and spring. 
                                See: http://www.finaid.org/loans/loancomparisonsites.phtml


Name: _______________________________________________                      Clarion ID# ________________________________

Local
Address:_____________________________________________________________________________________________
               (Street)                   (City)                   (State)                  (Zip)
Local                                                            Cell
Phone: ____________________________________                      Phone: ____________________________________________


Undergraduate _________               Graduate _________         M.Ed. Cohort ___________ Major: ___________________

                  Will you graduate in the summer of 2012?......... Yes……. No
                  Will you graduate in December of 2012?............ Yes……. No
                                    You Must Be Enrolled for At Least 6 Credits &
                Have a Direct Stafford Loan Master Promissory Note and Entrance Counseling on File
           (The Master Promissory Note and Entrance Counseling can be completed online at http://studentloans.gov)

                                             MAXIMUM SUMMER LOAN LIMITS
        Total Credits Earned               Dependent Students                    Additional for                       Total Possible
        by End of Spring 2011                                           Independent Students (or with Plus
                                                                                     Denial)
      Less than 30 credits      $1,833                                        $3,166 $1,333
        30 – 59 credits         $2,166                                        $3,499 $1,333
        60 – 120 credits        $2,500                                        $4,166 $1,666
       Graduate Students                                                      $6,833
    SUMMER LOANS CANNOT BE CREDITED TO YOUR ACCOUNT UNTIL SPRING GRADES ARE POSTED 



                                                                                                                                  
         IF YOU WANT TO REDUCE YOUR SUMMER LOAN AWARD,
             PLEASE CONTACT THE OFFICE OF FINANCIAL AID
                                                                                                                                  
Signature: _________________________________________                         Date: ___________________________________

Return this form no later than June 1, 2012 to:                                    Office of Financial Aid
                                                                                   104 Egbert Hall
                                                                                   Clarion University of PA
                                                                                   Clarion, PA 16214
                                                                                   Phone: 814-393-2315
                                                                                   Fax: 814-393-2520

								
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