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Financial Aid Information for Summer - 2014

Summer Eligibility Requirements:

  • Completed 2013-14 FAFSA with all requested documentation submitted.
  • Must be enrolled in a degree or certificate program and enrolled in classes at UMass Dartmouth.
  • 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 2014 semester.
  • 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.

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 2013 and spring 2014 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 2013 and spring 2014 semesters:

 

Year In School

Dependent

Maximum

Subsidized & Unsubsidized Loan

Independent &

Dependent w/ Parent PLUS denied

Maximum

Subsidized & Unsubsidized Loan

Undergraduate 1st yr  

        0-29 earned credits

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

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

Undergraduate 2nd yr   

      30-59 earned credits

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

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

Undergraduate 3rd & 4thyr     

     60 60 earned credits  +

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

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

Graduate

N/A

$20,500  (unsubsidized loan only)

 

  • 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 other private education loans.  Information is available at 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 through their UMass Dartmouth email account.  

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