Summer loans are not processed automatically based on the submission of the FAFSA. Students planning to attend the summer session in 2019 must submit the Financial Aid Request Form for Summer Enrollment online and a 2018-2019 FAFSA (if not already submitted) by the suggested deadline of April 1. Students or parents applying for a Federal Direct PLUS Loan must complete a loan application/promissory note online at studentloans.gov, and if applying for a private loan students and their co-signers must complete a loan application/promissory note directly with their lender of choice. First-time Federal Direct Loan borrowers must complete a promissory note and entrance loan counseling at studentloans.gov.
Students progressing to a higher grade level with a higher loan limit may apply for the difference between their current loan limit and the higher amount. They must reach the higher grade level at the end of the spring semester; credit hours earned in the summer will impact loan limits for the next academic year. The Financial Aid Request Form for Summer Enrollment will be held until spring semester grades are complete if credit hours earned in the spring need to be counted.
Financial aid is primarily awarded in the nine-month academic year, but certain programs are available year-round to students who attend summer sessions. For students who have already used aid in the fall and spring, South Carolina state scholarships may be available to eligible full-time students, and the Federal Pell Grant is available to eligible students enrolled at least half-time. However, students who borrowed the Federal Direct Loan maximum during the academic year are not eligible for additional Direct Loan assistance in the summer unless they have progressed to a higher grade level with a higher loan limit. As an alternative, students may benefit from the Federal Direct PLUS (for parents or graduate students) or a private loan. Students in special programs, such as Cooperative Education, may have unused stipends from fall or spring that can be used in the summer. Please note that aid used in the summer counts against lifetime limits.
Application for summer session aid requires the Financial Aid Request Form for Summer Enrollment (available mid_March 2020) in addition to the FAFSA. Students should NOT submit the Financial Aid Request Form for Summer Enrollment until their summer session schedule is FINALIZED. Financial aid will be processed based on a student's registered credit hours in the iROAR portal.
For most types of aid, students must be enrolled at least half-time (currently six credit hours for undergraduates, five hours for graduate students) for the period of the aid request. Students receiving Out-of-State Tuition Scholarships may be eligible to receive a prorated amount of their scholarship in summer.