Summer Financial Aid Q&A

  1. How much federal aid do I get for summer?
  2. I'm a Pell eligible student, how much do I get?
  3. Can I receive a federal loan in the summer?
  4. If I used all of my Federal Direct Subsidized and/or Unsubsidized Loan Eligibility during the academic year, what other loans can I consider?
  5. Can my fall and spring grades impact my summer aid?


How much federal aid do I get for summer?

During summer, federal financial assistance is available to eligible applicants who have Federal Pell Grant, Federal TEACH Grant, and/or Federal Direct Subsidized and/or Unsubsidized Loan eligibility remaining for the award year.  Graduate and law students will also be evaluated for Federal Direct Graduate/Professional PLUS Loans.  Parents of dependent, undergraduate students may also apply for Federal Direct Parent PLUS Loans. We are currently evaluating the feasibility of students being able to participate in the Federal Work-Study program during the summer term.  Once it is determined if the program will be opened to participants during summer, our Summer Financial Aid website will be updated. Please check back often.

I'm a Pell eligible student, how much do I get?

There are multiple factors that will determine if you are eligible for summer Federal Pell Grant funds and the amount you will potentially receive.  In certain situations, an eligible student can receive up to 150% of his or her scheduled Pell Grant award for an award year.  Once you have received 100% of your scheduled Pell Grant award for an award year, you must be enrolled at least half-time (minimally 6 credit hours) to receive Federal Pell Grant funds during the summer term.

 Below are some examples of summer scenarios and the determination of summer Federal Pell Grant award amounts.  Please note these examples are based on the assumption you meet all Federal Pell Grant eligibility requirements and have not used all 12 terms of your eligibility. 

 Example 1:  Your expected family contribution (EFC) is zero, and you were enrolled full-time (12 credit hours or more) and received the full-time Federal Pell Grant funds during the fall ($3,098) and spring ($3,097) terms.  Since you have received 100% of your scheduled award ($6,195), in order to receive Federal Pell Grant funds during the summer term, you must enroll at least half-time (minimally 6 credit hours) during summer.  Based on your zero EFC, if you enrolled half-time (6.0-8.9 credit hours), you would be awarded $1,549 in Federal Pell Grant funds during the summer term.

 Example 2:  Your expected family contribution (EFC) is zero, and you were enrolled half-time (6.0-8.9 credit hours) and received the half-time Federal Pell Grant funds during the fall ($1,549) and spring ($1,549) terms.  Since you have not received 100% of your scheduled award ($6,195), you do not have to be enrolled at least half-time to receive Federal Pell Grant funds.  Based on your zero EFC, if you enrolled less-than half-time (0.1-5.9 credit hours), you would receive $775 in Federal Pell Grant funds for the summer term.

Can I receive a federal loan in the summer?

Only enrolled students who have submitted the Early Request for Summer Federal Aid will have their summer Federal Direct Loan eligibility evaluated.  You will only be eligible for Direct Subsidized and/or Unsubsidized Loan funds if you did not receive your full annual eligibility during the academic year.  Federal Direct PLUS Loan funds are also available during summer.  To receive Federal Direct Loans, you must meet all eligibility requirements, including being enrolled at least half-time.  For federal financial aid purposes, during summer half-time is defined as six credit hours for undergraduate students and three credit hours for graduate and law students.

 Below are some undergraduate examples of summer scenarios and the determination of summer Federal Direct Loan amounts.  Please note these examples are based on the assumption the student meets all Federal Direct Loan eligibility requirements and has not reached any usage or aggregate limits.   

 Example 1:  An undergraduate dependent, freshman is eligible for a maximum of $5,500 in Federal Direct Subsidized and Unsubsidized Loan funds during the year.  Assuming he/she borrowed a total of $2,750 during the fall term and $2,750 during the spring term in Federal Direct Subsidized and Unsubsidized Loan funds, he/she would have no remaining Federal Direct Subsidized nor Unsubsidized Loan eligibility remaining for summer.  If interested, the student’s parent may apply for a Federal Direct Parent PLUS Loan.

 Example 2:  An undergraduate dependent, freshman is eligible for a maximum of $5,500 in Federal Direct Subsidized and Unsubsidized Loan funds during the year.  Assuming he/she borrowed a total of $1,500 during the fall term and $1,500 during the spring term in Federal Direct Subsidized and Unsubsidized Loan funds, he/she would have the potential to be offered $2,500 in Direct Subsidized and/or Unsubsidized Loan funds during the summer term.  If interested, the student’s parent may apply for a Federal Direct Parent PLUS Loan.

If I used all of my Federal Direct Subsidized and/or Unsubsidized Loan eligiblity during the academic year, what other loans can I consider?

You and/or your parent may be eligible for Federal Direct PLUS Loan funds.  Direct PLUS Loans are loans made to graduate or professional students and parents of dependent undergraduate students to help pay for education expenses not covered by other financial aid.  Eligibility is not based on financial need, but a credit check is required.  If you are a graduate or law student, your eligibility for Federal Direct Graduate/Professional PLUS Loan funds will be evaluated if you submit the Early Request for Summer Federal Aid.  If you are a dependent, undergraduate student, your parent may apply for a Federal Direct Parent PLUS Loan if interested.  Additional information can be found on our Direct Parent PLUS webpage. 

A private educational student loan (also referred to as an alternative loan) is not a federal student loan, but one through a private bank or other lending institution.  Please refer to our Alternative Loan webpage for additional information.  If you are eligible to so, please complete the Early Request for Summer Federal Aid once you have finalized your summer enrollment if you have or are planning to apply for a private educational student loan for the summer enrollment period.  A private educational student loan may require additional processing time, so once you have completed your research, if you decide to apply for this type of loan, we recommend you apply as soon as possible.

Can my fall and spring grades impact my summer aid?

You must maintain Satisfactory Academic Progress (SAP) in order to be eligible for summer federal financial aid.  In order to have your SAP status evaluated for the summer term, you must be fully graded for all prior terms for which you were enrolled at UofL.  If applicable, this includes the spring 2020 term.  A course with a grade of ‘Incomplete’ or ‘Deferred’ is still considered to be a graded course for SAP purposes.

 If you are awarded summer federal financial aid prior to your SAP status being evaluated for the summer term, your summer federal financial aid will not be evaluated for disbursement until your SAP has been evaluated.  When your SAP is evaluated, if you do not meet SAP for the summer term, your summer federal financial aid will be cancelled accordingly.

 If you are determined ineligible for federal financial aid for failure to meet the SAP standards, you have the right to make a written appeal to the Student Financial Aid Office.  Please note regardless of your decision to appeal, you are still responsible for settling any potential outstanding balance you have with the Bursar’s Office by the applicable due date.