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Archive for June, 2008

Saturday, June 21 is the first official day of summer! Most of us are already enjoying summer vacations, jobs, and internships, but others have made the choice to try to fit in a class or two during summer sessions. Before you decide that an entire semester’s worth of calculus in a 6-week term is a great idea (or the complete works of Shakespeare in 3 weeks!), be sure to check with your school’s financial aid office to make sure that the aid programs you rely on during the year are also available during the summer. 

Sometimes, summer is considered the fourth quarter of the academic year. While it is possible to receive financial assistance for summer classes, financial aid may only be available on a limited basis. For example, federal aid, such as the Stafford Loan or Pell Grant, might be limited to a student’s remaining eligibility from the current academic year. Also, some universities only award aid for summer if funds remain after all financial aid awards have been finalized for the regular academic year.

So be sure to check with your financial aid office to find out if financial aid is available before signing up for summer classes. And enjoy the first day of summer!

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Have you been dreaming of attending a private college or university but think you will not be able to afford tuition? Good news! Virginia residents wishing to attend a private institution within the Commonwealth are eligible to receive a Virginia Tuition Assistance Grant (VTAG).

In 1972, the Commonwealth of Virginia created VTAG as a way to assist residents who attend accredited private, nonprofit colleges and universities in Virginia. VTAG is a non-need based grant and is available to both undergraduate and graduate students.

There are specific eligibility requirements and the annual deadline to apply is coming up on July 31st! For a full list of participating institutions and all guidelines, download the VTAG brochure from the SCHEV website.

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