UT Tyler

Financial Aid

Financial Aid for Summer Term (May-August)

Important Information for Summer Financial Aid

To be considered for aid during the summer term, students must have a valid 2018-19 FAFSA on file, be enrolled in at least six total credit hours for the summer term, and complete the Summer Expected Enrollment To Do List item on your myUTTyler account. The Office of Financial Aid will review your account for eligibility and offer applicable awards as we move closer to the summer term.

Financial aid eligibility for the 2019 summer term is determined by the 2018-2019 FAFSA results. If you have not already done so, complete the 2018-2019 FAFSA online at www.fafsa.ed.gov or submit corrections to add UT Tyler’s school code (011163) on the school recipient list.

Because the summer term is considered part of the 2018-2019 academic year (trailer) for financial aid awarding purposes, student eligibility and funding resources may be limited. In order to receive a more accurate award offer, students are asked to complete registration for each session by May 1. Most funding sources require at least half-time enrollment (six credit hours) during the entire summer term. Award adjustments must be made if enrollment status changes or attendance is not confirmed prior to the census date.

Eligibility for Grants

  1. Pell Grant awards for the summer term will be based on any remaining eligibility for the current academic year.
  2. Supplemental grant resources are limited and award offers will be based on FAFSA results that have lowest expected family contribution (EFC) and greatest financial need. Supplemental grant awards require a minimum of six hours total enrollment.
  3. Only DEGREE SEEKING UT TYLER STUDENTS are eligible to receive summer funding. A regular student is one who is seeking a degree from UT Tyler. FAFSA results for transient and non-degree seeking students will not be processed for award offers.

Eligibility for Student Loans

  1. Summer loan eligibility is based on unmet need and yearly maximums.

Yearly Maximums for Direct Stafford Loans (Subsidized and Unsubsidized)

 

Undergraduate students

Graduate students

Dependent

Independent

Freshman

$5,500 (up to $3,500 in Subsidized loan)

$9,500 (up to $3,500 in Subsidized loan)

$20,500 Unsubsidized ONLY for each year

Sophomore

$6,500 (up to $4,500 in Subsidized loan)

$10,500 (up to $4,500 in Subsidized loan)

Junior and Senior

$7,500 (up to $5,500 in Subsidized loan)

$12,500 (up to $5,500 in Subsidized loan)

Note: Yearly maximum minus fall and/or spring disbursement equals summer loan award eligibility.

2. Students must be enrolled in at least six credit hours at UT Tyler to be eligible loan disbursements.

3.  If you and your parent are interested in pursuing a Parent PLUS Loan for Summer 2019 and your parent has not completed the online application to request a Direct PLUS Loan already for the Summer 2019 term, they must log onto studentloans.gov to complete the Direct PLUS Loan Request.  Parents completing an electronic Direct PLUS Loan Request must use their own Federal Student Aid (FSA) ID and not their child's FSA ID.  If your parent is approved for the Parent PLUS Loan, they must also complete the Direct PLUS Loan Master Promissory Note (MPN) before the funds can be released to pay towards your tuition and fee balance. 

If your parent is determined to have an adverse credit history when they apply for the loan, you may still receive a Direct Parent PLUS Loan if you obtain an endorser who does not have an adverse credit history OR if you document to the Department of Education’s satisfaction that there are extenuating circumstances related to their adverse credit history.  For additional information on obtaining an endorser or submitting documentation to prove an extenuating circumstance, you may visit studentloans.gov and review the items listed under Parent Borrowers.

4. CHANGE BEGINNING SUMMER 2019: GRADUATE / PHARMACY STUDENTS ONLY:  You will be offered an Estimated Graduate PLUS Loan item in your financial aid award package.  You must apply for the Direct Graduate PLUS Loan on studentloans.gov to be considered for this award for Summer 2019.  You WILL NOT be offered the loan upfront as in years past.  Since Graduate PLUS Loans are subject to a credit check when you apply for this type of loan, this is the reason for the change beginning Summer 2019. To be eligible to receive a PLUS Loan, you must not have an adverse credit history. If you are determined to have an adverse credit history when you apply for the loan, you may still receive a Direct Graduate PLUS Loan if you obtain an endorser who does not have an adverse credit history OR if you document to the Department of Education’s satisfaction that there are extenuating circumstances related to your adverse credit history.  For additional information on obtaining an endorser or submitting documentation to prove an extenuating circumstance, you may visit studentloans.gov and review the items listed under Graduate/Professional Students. 

If you are credit approved for the Graduate PLUS Loan, you will need to complete a Master Promissory Note specifically for the Grad PLUS Loan on studentloans.gov (this Master Promissory Note is different from the one you completed for your Direct Unsubsidized Loan).

Continued Eligibility

Students should review the Satisfactory Academic Progress policy for a full explanation of the quantitative and qualitative measures evaluated each year.

Enrollment Changes and Award Adjustments

All grant award amounts will be adjusted or cancelled based on enrollment requirements of half-time (six to eight hours), or less than half-time. Awards that require at least half-time enrollment will be cancelled after the Census Date for the session if requirements are not met. If your enrollment changes after financial aid funds have disbursed to your account, you must send an email to the Enrollment Services Center with your updated enrollment for the summer term.

Adjustments and refunds will be confirmed based on actual enrollment on the Census Date for the appropriate session(s).

If aid program eligibility requires half-time enrollment, funds will not be disbursed until the sixth (6th) hour is met. Summer disbursements and refunds are different than regular terms. Most grants and all loans require enrollment of at least six (6) credit hours. Student loan awards (and most grants) will be disbursed in the session of enrollment when the student reaches at least six (6) credit hours.  The primary exemption to this is the Pell Grant which will disburse when you begin your final course for the summer term. Please review the enrollment examples listed below as an explanation.

Disbursement Examples

 

Short Summer

Long Summer

Summer I

Summer II

Disbursement Date

Credit Hours

3

3

0

0

5/20/19 

Credit Hours

3

0

3

0

6/3/19 

Credit Hours

3

0

0

3

7/8/19

Credit Hours

0

6

0

0

5/20/19

Credit Hours

0

3

3

0

6/3/19

Credit Hours

0

3

0

3

7/8/19

Credit Hours

0

0

6

0

6/3/19

Credit Hours

0

0

3

3

 7/8/19

Credit Hours

0

0

0

6

7/8/19

 

Refund Schedule for Traditional Undergraduate and Graduate  programs

Term

Refund Date 

Short Summer  

5/15/19

Long Summer

5/23/19

Summer I

6/5/19

Summer II

7/10/19

 

Refund Schedule for BAAS 7 week sessions

Term

Refund Date 

 7 week 1  

5/16/19

 7 week 2 

6/26/19

 

Refund Schedule for the Accelerated MBA Program

Term 

Refund Date 

7 week 1  

5/14/19

7 week 2 

6/28/19

 

Refund Schedule for Pharmacy Program

Term 

Refund Date 

 6 week 1  

5/21/19

6 week 2

6/28/19

8 week 1

5/23/19

 

Withdrawals and Return of Title IV Funds

(Summer Sessions)

Students attending during a term that includes classes with flexible start and end dates (programs offered in sessions during the summer) must remain enrolled for each payment period. If the student ceases enrollment during one session, a Return of Title IV calculation will be performed unless the student was enrolled in a previous session within the same term OR if the student is enrolled in a future session within the same term that begins less than 45 calendar days after enrollment ceased in the previous course.

Additional Information

Students concurrently enrolled at other colleges for the summer term must submit the Financial Aid Concurrent Enrollment Form and have an approved Transient Form on file with the Office of the Registrar in order to be considered for a Federal Pell Grant adjustment based on hours taken at the other institution.

Students participating in a summer study abroad program with another university (not travel study) must have an approved Study Abroad Pre-approval Form on file with the registrar's office. Also, verification of admissions acceptance, registration, and program/trip costs or consortium agreement must be on file with the Office of Financial Aid.

UT Tyler