MCMURRY UNIVERSITY
SUMMER SEMESTER FINANCIAL AID REQUEST
2014-2015
NAME (please print): ___________________________________ ID#: __________________
PHONE: ___________________________
SUMMER AID STUDENT REQUIREMENTS:
SUMMER TUITION:
 Pursuing a degree at McMurry University,
 Complete or have completed a 2014-2015 FAFSA,
 Have eligibility to receive federal funds,
o Notify the Financial Aid office immediately
if your hours change.
May Term: $ 340.00 per hour
Summer 1: $ 350.00 per hour
Summer 2: $ 350.00 per hour
ENROLLMENT:
May Term ____ hours (May 11 – May 29)
Summer 1 ____ hours (June 1 – July 2)
Summer 2 ____ hours (July 6 – August 7)
Total of ALL Summer Terms: ____ hours
I will also enroll at: ____ Abilene Christian ____ Hardin Simmons
AWARDS:
Federal grant and loan eligibility remaining for the academic year will be awarded automatically.
I am also applying for a: ___ Private Loan (www.elmselect.com)
___ College Access Loan (www.hhloans.com)
 I understand that dropping classes during the summer term may result in summer aid
being canceled for the entire Summer Term and may result in owing a balance to
McMurry, even if I have received a refund check.
 I understand that I must be enrolled in a minimum of 6 credit hours in total for Summer
to receive federal loans.
________________________________________
___________________________
Student Signature
Date
SEE BACK OF APPLICATION FOR IMPORTANT INFORMATION
For Office Use Only:
Received by _____ Document Updated ____ Loan Eligibility Remaining ____ Pell Eligibility Remaining _____
MCMURRY UNIVERSITY
SUMMER SEMESTER FINANCIAL AID REQUEST
2014-2015
IMPORTANT SUMMER 14-15 INFORMATION:
1. The Summer Semester Financial Aid Request form is required to be considered for
Summer Term financial aid.
2. To receive Summer financial aid, students must be meeting the conditions of McMurry
University’s Satisfactory Academic Progress policy (SAP).
 If a student has been awarded summer aid and does not make SAP at the end of
the Spring semester, Summer awards will be cancelled.
3. Award eligibility is based upon each student’s remaining annual limits for grants and
loans.
 If the student has received the maximum grant and/or loan eligibility for the Fall
and Spring semesters, there may not be any remaining eligibility for Summer.
4. Dropped courses and withdrawals may result in a reduction or cancellation of Summer
awards or a repayment of funds already disbursed. Summer aid recipients should
contact the financial aid office and speak to a counselor prior to altering summer
schedules.
Total enrolled hours for all three summer sessions are used for determining disbursements.
FEDERAL DIRECT LOAN ELIGIBILITY
Your eligibility for a Federal Direct Loan for a summer session is contingent upon the federal
loan limits based on credit hour completion. The Summer term is still considered part of the
2014 – 2015 academic year. Therefore, you cannot receive more than the federal loan limits
denoted below for the Fall, Spring and Summer cumulatively.
Classification of
Student
Freshman
Sophomore
Junior
Senior
Credit Hours
Annual Loan Limits
Annual Loan Limits
0 – 29
30 – 59
60 – 89
90 or more
Dependent Student
$5,500
$6,500
$7,500
$7,500
Independent Student
$9,500
$10,500
$12,500
$12,500