Options for Meeting Your Summer Educational Costs

You may have received a notification from the Office of Financial Aid that states you have no remaining federal aid funds for the summer term. 

This could be for a handful of reasons:

  • You may have used your annual amount of student loans already this academic year.
    • Undergraduate Loan Limits: $5,500-$12,500
      • Freshmen (0-29 Hours): $5,500 Dependent; $9,500 Independent
      • Sophomore (30-59 Hours): $6,500 Dependent; $10,500 Independent
      • Juniors/Seniors (60+ Hours): $7,500 Dependent; $12,500 Independent
    • Graduate Loan Limits: $20,500
  • You may have used your lifetime (aggregate) amount of student loans.
  • You may not be enrolled in enough hours for student loans to disburse (loans require half-time enrollment: undergraduate students need 6 credit hours of summer enrollment; graduate students need 3 hours of summer enrollment).
  • You may not be eligible for additional Pell grant funding due to your SAI and your summer enrollment level or enrollment intensity.
  • You may not be eligible for additional Pell grant funding due to reaching your Pell Lifetime Eligibility Usage Limit.
  • To receive aid, you must be enrolled in a degree-bound program at 红领巾瓜报. Only course work required for your degree will count as part of financial aid enrollment each semester. 

We are glad you are interested in continuing your education and would still like to provide you with several other options to consider. Please click the link below to view additional funding options to help cover your costs. 

Additional Funding Options