Summer aid may be available in the form of: Federal Direct Subsidized/Unsubsidized Loans, Federal Pell Grant and both part-time and full-time employment. Students applying for summer aid must complete a Castleton Summer Aid Application and meet with a financial aid officer, either in person or over the phone, to go over their summer aid options. Summer loans and grants, in most cases, reduce the amount of loan and/or grant eligibility for the following fall and spring semesters. Please return your completed application to the Financial and Registration Office and schedule an appointment to meet with one of the financial aid officers.
The Federal Direct Unsubsidized Loan is the only federal aid that a graduate student may be eligible for. Graduate students must complete a Castleton Summer Aid Application and meet with a financial aid officer, either in person or over the phone, to go over their options. Graduate students should keep in mind that their total loan eligibility for an academic year; summer, fall and spring semesters, is a total of $20500, if eligible. Please return your completed application to the Financial and Registration Office and schedule an appointment to meet with one of the financial aid officers.
For students enrolled in Castleton classes and/or CCV classes, the first day of aid posting will typically be July 1. At that time, students must be eligible for the aid, which requires them to be enrolled in the classes the award is based on in order for that aid to post. For Castleton courses, no tuition refunds are made after the second day of class meetings; therefore, aid will not be adjusted if courses are dropped after aid has disbursed. For students enrolled in CCV summer courses, there is a separate schedule for pro-rated tuition adjustments; however, aid will generally follow Castleton’s policy so it is likely that no adjustments will be made after eligible aid has posted. If a student is scheduled to receive a second disbursement of aid that disbursement will only post if the student remains eligible.
Please return your completed application to the Financial & Registration Services Office or email it to student.aid@castleton.edu and schedule an appointment (phone or zoom) to meet with one of the Financial Aid Officers. Summer tuition costs must be paid at the time of registration with Summer Financial Aid or other payment options.
The Summer 2022 aid application will be available March 1, 2022, on the Financial Aid Forms 2022-2023 section of our website and also available at the Financial & Registration Services Office.
May 1, 2022
In order to be eligible for any type of summer aid, you must meet the following criteria:
Students awarded federal work study during the summer may be expected to save a portion of their earnings to help meet educational expenses for the 2022-2023 academic year. This expected savings is called Summer Savings. It is calculated as the difference between your summer earnings and your summer costs. The calculated expected savings may reduce eligibility for a loan and/or federal work study during the 2022-2023 year. Federal work-study eligible students may work up to 37.5 hours per week. The hourly rate of pay will be based on the job classification and experience. Estimated summer savings will be recalculated based on actual summer earnings once the fall semester begins.