Stafford Loans for Summer Semester
The amount of Stafford Loans offered to you for the fall & spring semesters may be at or near your yearly maximum and, if utilized in the fall & spring semesters, will leave you with little or no Stafford loan eligibility for summer. If you plan to take summer classes, and will need loan assistance, then you will need to make plans now to budget your loan funds. Reviewing your annual Stafford loan limits below will help you in reserving some funds for summer by reducing the amount of loans that you borrow during the school year.
If you anticipate enrolling in courses for summer and need financial aid please visit our website Student Loan Options for more in-depth information on managing your student loan options.
Stafford Annual Loan Limit:
- Freshman: 0-29 credits earned: $5,500
- Sophomore: 30-59 credits earned: $6,500
- Junior/Senior: 60+ credits earned: $7,500
If you opt to borrow your maximum Stafford eligibility during the Fall and Spring semesters your financing options will be limited to:
Remember you must be enrolled at least half-time (6 credit hours) to receive aid
Stafford Annual Loan Limit:
- Freshman: 0-29 credits earned: $9,500
- Sophomore: 30-59 credits earned: $10,500
- Junior/Senior: 60+ credits earned: $12,500
If you opt to borrow your maximum Stafford eligibility during the Fall and Spring semesters your financing options will be limited to:
Remember you must be enrolled at least half-time (6 credit hours) to receive aid
Stafford Annual Loan Limit:
$20,500
If you opt to borrow your maximum Stafford eligibility during the Fall and Spring semesters your financing options will be limited to:
Remember you must be enrolled at least half-time (3 credit hours) to receive aid
Stafford Annual Loan Limit:
Annual loan limits vary for students enrolled in Medicine, Dental Medicine, Pharmacy, and Public Health programs based on your grade level and program of study. Your remaining eligibility for Stafford loans will be automatically calculated and offered to you.
Additional financing options will include:
Remember you must be enrolled at least half-time (5 credit hours) to receive aid
Federal Pell Grant for Summer Semester:
As a Pell eligible student, you may receive the Pell Grant in summer semester, provided you have not exhausted your annual eligibility for the award during the fall/spring terms. The summer Pell award is based on summer enrollment levels and remaining annual Pell eligibility.