Financial Aid Information for Summer - 2012

Summer Eligibility Requirements:

  • A completed 2011-2012 FAFSA with all requested documentation submitted.
  • Must be enrolled in a degree/certificate program and taking summer classes at UMass Dartmouth.
  • For Direct Loan consideration: Undergraduate students must be enrolled in at least 6 credits. Graduate students must be enrolled in at least 4.5 credits.
  • For Pell Grant consideration: Undergraduate students may be enrolled in 3 credits or greater.
  • No financial aid will be available for coursework taken outside of UMass Dartmouth unless enrolled in an approved study abroad program.
  • Student must be making Satisfactory Academic Progress (SAP) as determined by the Financial Aid Office at the end of the spring semester.

 

Types of Financial Aid Available:

  • Federal Pell Grant:  Pell Grant eligibility is determined by the Federal Government and based on demonstrated financial need. If you received Pell Grant funding for 12 or more credits of enrollment in both the Fall 2011 and Spring 2012 semesters, it is likely you have exhausted your annual eligibility and you will not be eligible for a summer Pell Grant.

 

  • Federal Direct Loan:  You may be eligible to borrow Federal Direct Loan during the summer if you have not already received the annual limits listed below during the Fall 2011 and Spring 2012 semesters:

 

Year In School

Dependent

Maximum Sub & Unsub DL

Independent or Dependent w/ PLUS Denied

Maximum Sub & Unsub DL

1st Yr Undergraduate                           0-29 earned credits

$5,500 (up to $3,500 in Sub)

$9,500 (up to $3,500 in Sub)

2nd Yr Undergraduate                         30-59 earned credits

$6,500 (up to $4,500 in Sub)

$10,500 (up to $4,500 in Sub)

3rd & 4th Yr Undergraduate                 60 earned credits +

$7,500 (up to $5,500 in Sub)

$12,500 (up to $5,500 in Sub)

Graduate Student

N/A

$20,500 (up to $8,500 in Sub prior to July 1)

 

  • Federal Direct PLUS Loan or Private Loans: You may apply for the Federal Direct Parent PLUS Loan (undergraduate students), Federal Direct Graduate PLUS Loan (graduate students) or private education loans.  Information is available at http://www.umassd.edu/financialaid/loans/   

 

Award Determination:

  • Summer aid eligibility for students who are registered in summer courses will be reviewed by the Financial Aid Office beginning in May.  Students will be notified of their summer award or denial through their UMass Dartmouth email account.  

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