If you will need financial aid for your summer classes, the following checklist and information will be beneficial for successfully processing aid in a timely manner.
Checklist - Summer Financial Aid
- File your 2013-2014 Free Application for Federal Student Aid (FAFSA)
- Enroll (and attend) at least half-time in courses at the same level as your program to be eligible for aid. By academic unit Summer half-time eligibility is as follows:
| 4 credit hours
6 credit hours
- When enrolled half-time, complete the UT Summer Aid Application.
- Log into the myUT portal.
- Under the Student Tab, My Toolkit, My Financial Aid heading, click on Summer Aid Application to complete and submit your request
A summer aid package will be made available when all three steps are complete.
- Financial Aid Academic Progress
- To remain eligible for aid, students are responsible for class participation and achieving academic progress by completing all enrolled courses with passing grades. Course drops, withdrawals and failed classes can cause a reduction in aid for the term and loss of future aid.
- Disbursement on Attending Hours
- Aid will disburse based on hours you are actually attending at the time eligibility for disbursement is reviewed. During the summer - sessions start at different times throughout the summer. It is the date at which you are attending at least half-time hours that aid will disburse to your student account.
- Understanding Summer Aid
- Most aid programs do not increase in dollars to accommodate attending three terms during the academic year (summer, fall, spring). The Federal Stafford Loan annual limits remain the same; the loan would be divided into three terms (summer, fall, spring) rather than two terms for the standard academic year (fall, spring). Law students also have an opportunity to borrow GradPLUS Loans. Law students may borrow up to the total estimated cost of attendance less any other financial aid/resources received to accommodate attending three terms during the academic year. Law students not eligible for federal financial aid may find it necessary to borrow loan funds through alternative (private) loan sources. For information about alternative loans, please visit the Loans page.
- Relationship of Summer Refund to Fall/Spring Refunds
- Because summer loans are awarded early in the summer before new tuition/fee rates are available and before scholarships are awarded, and because tuition/fee charges for summer are generally less than those for fall/spring (due to less credits taken in summer), it may result in a larger refund for summer than fall/spring. It is recommended that students reduce borrowing for summer in order to retain larger loan eligibility for fall/spring when costs will be higher. It is also recommended if students receive an unusually large refund for summer, that they recognize that some of those funds may be required for fall/spring living expenses.
The University of Toledo communicates through your official UT email account. Please check your UT email account on a regular basis for important updates from the Financial Aid office.