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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). |
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Eligibility
Criteria
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| To
be considered for a Federal Stafford Loan for the summer, you must: |
- Have a 2008-09
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.
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| 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.
However, you must have a completed Federal Stafford loan MPN,
entrance counseling session and a 08-09 FAFSA on file. Applications
received after the end of your enrollment period cannot be processed.
|
Summer
Session Attended |
Last
day to Apply for Stafford Loan |
Maymester |
May
15, 2009 |
Summer
Session I |
June
19, 2009 |
Summer
Session II |
August
7, 2009 |
|
- Please note:
you cannot rollover your summer charges to fall 2009.
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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
|
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*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.
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| 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 2009" option
when you log in.
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- 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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