matches /admissions/financial-aid/financial-aid-award-timeline ... percision: 2 of 2
The following sections provide estimated timeframes during which different types of financial aid are awarded.
Grants
Summer Semester | Fall Semester | Spring Semester |
---|---|---|
After summer scheduling | March through summer | March through December |
Summer Semester | Fall Semester | Spring Semester |
---|---|---|
Late May through August Students must complete PA Summer State Grant applications submitted online via PHEAA's Account Access site. |
Late May through summer PHEAA makes all awards, and requires a completed, signed State Grant Form for all new PA State Grant recipients. Students must meet all eligibility requirements, including Satisfactory Academic Progress. |
Late May through the rest of the year PHEAA makes all awards, and requires a completed, signed State Grant Form for all new PA State Grant recipients. Students must meet all eligibility requirements, including Satisfactory Academic Progress. |
Summer Semester | Fall Semester | Spring Semester |
---|---|---|
Not applicable | Early May through August | Early May into January |
Summer Semester | Fall Semester | Spring Semester |
---|---|---|
When money is received from state education agency, typically September and October | When money is received from state education agency, typically February and March |
Loans
Summer Semester | Fall Semester | Spring Semester |
---|---|---|
April through June.
Requires Summer Request Form. Students refer to our Summer Financial Aid page on myPCTPortal, available mid-March through August. |
June and July | November and December |
Summer Semester | Fall Semester | Spring Semester |
---|---|---|
April through June | June and July | November and December |
Note: All federal and many private educational loans require scheduling of 6 or more credits in your program.
Scholarships
Summer Semester | Fall Semester | Spring Semester |
---|---|---|
Not applicable | March into August | November into January |
Summer Semester | Fall Semester | Spring Semester |
---|---|---|
Applied by Bursar's Office after that office receives payment from scholarship donor. | Applied by Bursar's Office after that office receives payment from scholarship donor. | Applied by Bursar's Office after that office receives payment from scholarship donor. |
Special Programs
Summer Semester | Fall Semester | Spring Semester |
---|---|---|
Not applicable | When money is received from PHEAA, typically September to November | When money is received from PHEAA, typically February to April |
Summer Semester | Fall Semester | Spring Semester |
---|---|---|
June and July | August and September | January and February |
Summer Semester | Fall Semester | Spring Semester |
---|---|---|
Applied by Bursar's Office | Applied by Bursar's Office | Applied by Bursar's Office |
Keep in mind
- Nearly all financial aid requires the completion of a FAFSA before it can be awarded.
- Federal Verification impacts fewer than one out of five students. If your FAFSA is chosen for verification, you (and your parents or spouse) must complete the verification process before the Financial Aid Office can determine eligibility for federal aid.
- Returning students must satisfy Satisfactory Academic Progress policies.
matches /admissions/financial-aid/financial-aid-award-timeline ... percision: 2 of 2