Financial aid is only available for students who are seeking a degree or certificate at ASU-Newport. If a student only registers in summer 2020 courses at ASU-Newport, the student is not eligible for financial aid at ASU-Newport.
To be eligible for the additional Pell Grant funds, the student must meet all general eligibility requirements to receive financial aid for the payment period and must be enrolled at least half time in the payment period for which the student receives the additional Pell Grant funds in excess of 100 percent of the student’s Pell Grant Scheduled Award.
Important Note: The amount of Federal Pell Grant funds a student may receive over his or her lifetime is limited by federal law to be 600 percent. If a student's lifetime eligibility used (LEU) equals or exceeds 600 percent, the student may no longer receive Pell Grant funding. Students can log on to www.nslds.ed.gov to view their Pell Grant LEU.
Arkansas State University-Newport (ASU-Newport) will review student records once students have registered for all of their summer coursework and no longer intend to adjust their enrollment.
If you are completing a degree during Summer I and are wanting to take courses Summer II, you will not be eligible for Summer II financial aid. The reason you are not eligible for aid during Summer II are viewed as one academic term. ASU-Newport policy says that students cannot change degrees in the middle of the term.
If you do want to enroll courses during Summer II, you will need to enroll as a Visiting Student and self-pay.
Below are Scenarios describing how Year-Round Summer Pell is processed. For more information, please contact the ASU-Newport Financial Aid Office at financialaid@asun.edu .
Scenario 1 |
Fall 2019 |
Spring 2020 |
Summer 2020 |
Enrollment |
12 hours |
12 hours |
6 hours |
Pell award |
$3,048 (50%) |
$3,047 (50%) |
$1,524 (25%) |
Scenario 2 |
Fall 2019 |
Spring 2020 |
Summer 2020 |
Enrollment |
12 hours |
12 hours |
3 hours |
Pell award |
$2960 (50%) |
$2960 (50%) |
$0 (0%) |
Scenario 3 |
Fall 2019 |
Spring 2020 |
Summer 2020 |
Enrollment |
12 hours |
12 hours |
12 hours |
Pell award |
$3,048 (50%) |
$3,047 (50%) |
$3,048 (50%) |
Scenario 4 |
Fall 2019 |
Spring 2020 |
Summer 2020 |
Enrollment |
12 hours |
9 hours |
6 hours |
Pell award |
$3,048 (50%) |
$2,286 (37.5%) |
$1,524 (25%) |
Scenario 5 |
Fall 2019 |
Spring 2020 |
Summer 2020 |
Enrollment |
9 hours |
9 hours |
6 hours |
Pell award |
$2,286 (37.5%) |
$2,286 (37.5%) |
$1,524 (25%) |
It is possible that you could owe money back for all or part of your Federal Pell Grant if you do not complete classes that you registered for in the summer. The amount you may owe will be calculated based on the drop date, the number of credits and the last day that you attended classes.
Your summer Pell Grant amount will depend on the number of credits you are registered in, as well as your Pell Lifetime Eligibility Units (LEU). The Pell Grant amount will be adjusted just prior to the release (disbursement) of your aid based on your enrollment level. Enrollment levels are defined in the following manner:
12+ credits = 100% of the semester Pell Grant amount
9-11 credits = 75% of the semester Pell Grant amount
6-8 credits = 50% of the semester Pell Grant amount
Pell Grants are available year round. For most students, there is a requirement to enroll at least half-time (6+ credits) to receive the Pell Grant for summer. Learn more about year-round Pell Grants.
Summer sessions are shorter and more varied than during the rest of the year. When you drop or withdraw from classes, there can be a significant impact on your aid, including needing to repay funds in some situations. Contact the ASU-Newport Financial Aid Office before you drop or withdraw from a course(s) to be informed about how changing your decision will impact your summer aid.