All students on financial aid are expected to find summer employment while enrolled at Ithaca College and to use a portion of those earnings toward upcoming educational expenses. A minimum self-help contribution of $1,500 from summer earnings is required for institutional need-based aid, regardless of the federally calculated student contribution.
HEOP/IOG students are exempt from this requirement.
Any student who intends to travel or attend summer school must advise the Office of Financial Aid in advance and receive a written waiver of the summer employment requirement in order to be exempt from consideration of summer earnings as a portion of available funds.
Allocations for financial assistance through employment programs do not guarantee a job. This allocation represents the maximum amount a student is eligible to earn once he or she finds a campus job. Students may not work more than 20 hours per week while classes are in session.
Federal Perkins loans and Federal Stafford loans are liabilities incurred by the student and must be repaid. Repayment, which includes interest, begins six or nine months after graduation or withdrawal from school, depending on the type of loan.
