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Applying for Summer Aid

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Applying for Summer Aid

Aid Available in the Summer

Usually, the only financial aid left over for summer is the Pell Grant and Federal loans if a student hasn’t already exceeded their annual loan limit. 

Pell Grants may be available to students during the summer.  Award amounts are based on the Student Aid Index from your FAFSA® and the number of credits in which you enroll.

Federal Loans – All students must be enrolled in at least 6 credit hours during the summer term to receive a loan.  Eligibility is limited to your annual loan limit minus the amount you borrowed during the preceding fall and spring semesters.  Please see the annual loan limit chart below:                                                                      

Grade Level 

Dependent Student

Independent Student

Freshman

$5,500

$9,500

Sophomore

$6,500

$10.500

Junior/Senior

$7,500

$12,500

Graduate or Professional

$20,500

Disbursement of Summer Aid

Disbursement of Summer Aid for student loans will occur on the main summer census date if the student is enrolled at least halftime for the summer term. Disbursement of all grants will occur as the class starts for students attending multiple sessions in the summer term.  There are two Pell recalculation dates, the first is on the fourth day of the first 5 week session and the second is on the fourth day of the second 5 week session.

Summer Withdrawal Consequences

Students that withdraw from a later summer session that has not begun, may have to repay already disbursed financial aid.  If a student is taking 3 credit hours in the first summer session, and 3 credit hours in the second summer session, the student is eligible for a loan disbursement at the start of the first summer session.  In the event that the student withdraws from the second summer session before the session starts, and hasn’t already completed 6 credit hours, the student becomes ineligible for a loan and must repay the loan in full.

Students that withdraw from all summer sessions after a class has started, must go through the Return of Title IV funds calculation which in most instances, requires students to pay back money not earned.