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GRADUATE
SUMMER FINANCIAL AID



The Syracuse University Office of Financial Aid and Scholarship Programs has limited summer financial aid (Federal & Alternative Loans).

Eligibility Criteria

To be considered for a Federal Stafford Loan for the summer, you must:
  • Have a 2007-08 FAFSA on file.
  • Be matriculated in a program leading to a degree, certificate or diploma at Syracuse University.
  • Be a U.S. citizen or eligible non-citizen.
  • Be enrolled for 6 or more credit hours for the summer at Syracuse University, or be certified with full time status by your academic department/graduate school.
  • Not be in default on any previous federal student loan or grant program.

Important Reminders
 
  • The total amount that you may receive in all forms of financial assistance (including loans) is limited by the cost of attendance.
  • If you have received remitted tuition benefits, a scholarship, a fellowship, VESID, Veteran’s Benefits, a stipend or any other form of financial assistance to cover all or part of your education expenses, your loan eligibility may be reduced.
  • All summer student loans are disbursed at the beginning of the enrollment period.
  • If you are due a refund from your loan, you must request it from the Bursar’s Office or on line at myslice.syr.edu after classes begin.
  • Loans borrowed for the summer will not affect academic year eligibility, however the loan will be applied to the total aggregate limit.
  • To ensure that your loan funds arrive at the beginning of the summer semester, complete this application at least 3 weeks before your program begins.
  • You may apply up until the last week of the summer session you attend. Applications received after the end of your enrollment period cannot be processed.
Summer Session Attended
Last day to Apply for Stafford Loan
Maymester
May 16, 2008
Summer Session I
June 20, 2008
Summer Session II
August 1, 2008

  • Please note: you cannot rollover your summer charges to fall 2008.
Maximum Federal Stafford Loan Eligibility for Summer Study


Graduate Federal Stafford Loan Limits for Summer Study
Subsidized Federal Stafford Loan
$4,250
Unsubsidized Federal Stafford Loan
$6,000


*Interest is charged from the time the funds are disbursed for the Unsubsidized Federal Stafford Loan. The lender deducts up to 2.5% of the loan amount in insurance and origination fees.

 

Summer Financial Aid Application Process

To apply for summer loans, proceed to your Financial Aid Portfolio located on myslice.syr.edu. Be sure to select the "Summer 2008" option when you log in.
  • You will be able to use the interactive worksheet to budget your summer expenses.
  • You will be able to compare loan options using the Credit Options Tab.
  • You will be able to complete your Summer Loan Application and any other tasks necessary.



 
 
 
 
 
 
 
 
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