A variety of funding options are available for students for the summer session.
Federal Pell Grant: Summer grant eligibility is based on your enrollment for summer semester, like it is during the fall and spring semesters.
Federal Direct Loans: The combined totals of your academic year (fall & spring semesters) plus your summer loan amounts cannot exceed:
| Academic Level |
Amount |
| Freshman (<26 credits): |
$5,500 |
| Sophomore (27-59 credits): |
$6,500 |
| Junior/Senior (60+ credits): |
$7,500 |
| Post-Graduate (Graduate Status): |
$20,500 |
For example, if you are a junior or senior and you borrowed the maximum annual loan of $7,500 during the academic year, you will not be eligible to borrow more Direct Loans for summer school. But if your academic year loan was for $5,000 you would be eligible to borrow $2,500 for summer school ($5,000 + $2,500 = $7,500). However, if you are an independent student (per financial aid requirements), you may be eligible for an additional Unsubsidized Direct Loan (see Federal Student Loans.)
Private Student Loans: If federal aid, along with scholarships, tuition waivers and personal savings is not enough to cover your educational expenses, you may wish to consider borrowing a private student loan. More information should help you decide whether a private student loan is right for you.