Frequently Asked Questions About

Frequently Asked Questions
About Summer Financial Aid

The Student Financial Services Office is pleased to provide answers to the following Frequently Asked Questions about Summer Financial Aid. Our staff looks forward to assisting you. If you have additional questions about financial aid at this or anytime, please contact the office, located in 123 Russell Hall. Office hours are 9:00 am to 4:00 pm weekdays. During those hours, you may call the office at 570-484-2344.

1. I’ve altered my original summer registration (e.g. dropped or added a class). Will my financial aid change?

It may. Financial aid for summer sessions can be a bit complicated. Please contact the Office of Student Financial Services to discuss your concerns with a staff member.

2. Will my financial aid appear on my summer bill?

Yes, any financial aid that is in final form will be reflected on your summer bill. Aid that is not finalized will not be listed. For example, if your financial aid package includes an Estimated PA State Grant and you have not yet applied for or have not yet received an award notice from AES/PHEAA, the award will not be reflected on your bill.

3. The amount of financial aid I’m receiving exceeds my anticipated summer charges. When will I receive a refund?

Refunds from federal or state grants (e.g. Pell and/or PA State Grant) will generally be available beginning the third week of the second summer session. You must be officially enrolled (i.e. attending class) at least half-time (i.e. 6 credit hours for undergraduates) to receive a Federal Stafford or PLUS Loan. Therefore, if you are enrolled less than half-time first summer session, any refund from your loan will be withheld until after the second summer session begins. Once you are officially enrolled (i.e. attending class) at least half-time, the Office of Student Financial Services will make every effort to issue your refund as soon as possible.

4. My financial aid doesn’t cover all my educational expenses. Is there other assistance available?

For information about various educational loan programs, please visit http://www.lhup.edu/financial-services/financial-aid/educational_loans.html.

5. What are the Satisfactory Academic Progress requirements?
Financial aid at Lock Haven University is contingent upon academic performance as well as financial need. These minimal academic standards are referred to as STANDARDS OF SATISFACTORY ACADEMIC PROGRESS FOR FINANCIAL AID. In summary, the requirements for undergraduate students are the following:

• A full-time student must earn a minimum of 21 new credit hours in each two semesters of enrollment.

• A full-time student enrolled for only one semester of an academic year must earn a minimum of 9 new credit hours during that semester.

• A part-time student must earn 100% of credit hours attempted.

• A student enrolled full-time one term and part-time another must earn a minimum of 9 new credits during the full-time semester and 100% of credit hours attempted during the part-time semester

• A student must have and maintain a grade point average (GPA) equal to the Academic Probation and Suspension Policy. The current policy requires a student to maintain a 2.00 minimum cumulative GPA.

• A student must have and maintain a 2.00 minimum cumulative GPA after two years of enrollment.

• A student must complete his/her educational program within a maximum timeframe not to exceed 150% of the length of the program. This includes all semesters of enrollment even if no financial aid was received. Once a student attempts more than 150% of the credit hours that it normally takes to complete his/her program of study, he/she is no longer eligible for federal financial aid. For transfer students, Satisfactory Academic Progress will start when the student begins his/her course of study at Lock Haven. Prior credits will count only toward maximum time necessary to complete the degree.

NOTE: Students are responsible for knowing and meeting these requirements. The complete Satisfactory Academic Progress Policy can be viewed online at www.lhup.edu/financial-services.