Summer 2017 Financial Aid
Financial aid is available to eligible UCF students enrolled in summer sessions including newly admitted students. The summer term is a part of the 2016-2017 aid year, and the awarding process differs from the fall and spring awarding processes.
It is important that students understand the steps for applying and receiving financial aid for the summer term. Information regarding summer aid eligibility, how to apply, and what types of financial aid are available to UCF students, is listed below.
Admission holds and contingencies may prevent or delay financial aid disbursements.
For Summer 2017 financial aid information, please select from the topics below:
- Summer Financial Aid Eligibility
- Summer Enrollment
- Application Process
- Types of Summer Financial Aid
- Summer Cost of Attendance
- Summer Disbursements
Summer Financial Aid Eligibility
The amount and type of summer financial aid students are eligible to receive will depend on:
- Admission into a degree-seeking program
- Having a valid 2016-2017 Free Application for Federal Student Aid (FAFSA) on file
- Summer enrollment
- Undergraduate students must enroll in a minimum of 6 credit hours for summer to be considered half-time
- Graduate students must enroll in a minimum of 3 credit hours for summer
- Students must have a completed financial aid file
- Student must meet ALL financial aid eligibility requirements
- Determined financial need will be considered
- Remaining Pell Grant and/or federal loan eligibility can impact summer award amounts
Students are required to be enrolled at least half-time in order to be eligible for most financial aid funding. Students are advised to review the financial aid office’s Program Eligibility Chart for additional information regarding enrollment and how it impacts eligibility for various financial aid programs.
Summer Financial Aid Application Process
The Summer 2017 term is a part of the 2016-2017 academic year, and students applying for financial aid for the summer must complete the 2016-2017 FAFSA. All students anticipating financial aid funding for the summer term are required to have a complete 2016-2017 FAFSA with a valid Expected Family Contribution (EFC), and the UCF Federal School Code (003954) listed. The last day to complete the 2016-2017 FAFSA is June 30, 2017.
NOTE: The 2017-2018 FAFSA is for the Fall 2017, Spring 2018, and Summer 2018 semesters. Students cannot use the 2017 – 2018 FAFSA for Summer 2017 financial aid funding.
IMPORTANT: The IRS Data Retrieval Tool allows applicants who have already filed their federal income tax returns to prefill the answers to some questions on the FAFSA by transferring data from their federal income tax returns. As of March 30, 2017 this feature is no longer available to use for the 2016-2017 FAFSA or 2017-2018 FAFSA. Students and families should not wait to complete the FAFSA. The FAFSA is still available for students to complete. The only change to the process is that students and families must manually enter their tax information to the FAFSA using their 2015 tax return.
Incoming Freshmen Only:
Freshmen with a valid admission on file for the Summer B term, who have met all of the above financial aid application and eligibility requirements, can anticipate receiving a financial aid award notification via email in May.
An email notification will be sent to students’ Knights email account with instructions to log onto the myUCF portal, Student Center, to view summer financial aid awards. A hardcopy award notification will not be mailed. Students can begin checking their Knights email account for this notification beginning mid to late May.
Incoming Transfer and All Continuing Students:
Prior to being offered financial aid for the summer term, transfer students admitted for the summer term, and all continuing students, must first enroll in summer classes. Students who have met all of the above requirements and are enrolled at least half-time, will be able to view summer financial aid on the myUCF portal within five to seven business days of enrolling, once summer financial aid packaging begins.
An email notification will be sent to students’ Knights email account informing them to log onto the myUCF portal, Student Center, to view their summer financial aid awards. A hardcopy award notification will not be mailed. Students can begin checking their Knights email account for this notification beginning mid to late April.
Summer Cost of Attendance
The cost of attendance is determined each year by the Office of Student Financial Assistance. The cost of attendance (COA) includes expenses that a student can anticipate incurring as a student, such as tuition and fees, room and board, books, transportation, and miscellaneous/personal expenses.
The COA for the summer term is less than the fall and spring terms, as the summer term has a shorter duration. Cost of Attendance for Summer 2017
Types of Summer Financial Aid
Pell Grant: Students may be eligible for a summer Pell Grant if there is remaining 2016-2017 Pell Grant eligibility that was not received in the fall or spring semesters. Incoming freshmen are strongly encouraged to complete the 2016-2017 FAFSA in order to be considered for this and other funding.
UCF Grant: Undergraduate students may be eligible for the UCF Grant. Eligibility is based on financial need as determined by the Expected Family Contribution (EFC) from the 2016-2017 FAFSA, and the availability of funds at the time of awarding. If funding has been exhausted, the UCF grant may not be awarded, even if the student meets eligibility requirements.
Federal Stafford Loans
Along with meeting all other financial aid eligibility requirements, students must be enrolled at least half-time in order to receive Federal Direct Stafford Loans. Annual loan limits are determined by class standing and dependency status. Additional information regarding borrowing limits can be found at Loan Borrowing Limits.
Transfer students should be aware that the amount of loans received at a previous institution may affect eligibility to receive loans at UCF. Students who received Federal Direct Stafford Loans during this academic year at another institution should make sure that the remainder of that loan is cancelled before applying for a loan at UCF.
Students must actively log onto the myUCF portal and accept or decline the loan offers. The financial aid office cannot accept or decline an award on a student’s behalf. Additional information regarding how to accept/decline Federal Direct Stafford Loans can be found on the how to accept/decline your loans page. NOTE: Loans that are left in an offered status will be cancelled by the financial aid office prior to end of the summer term.
First-time Federal Direct Loan borrowers must complete both an online Master Promissory Note and an online Entrance Counseling session prior to disbursement. Students can view these requirements by logging onto the myUCF portal, Student Center, to check the To Do List.
Federal Direct PLUS Loan
Parents of dependent undergraduate students can borrow a Parent PLUS Loan to assist with covering their students’ educational expenses. Students must meet all financial aid eligibility requirements and be enrolled at least half-time. Additional information regarding the application process can be found on our Parent PLUS Loan page.
Graduate students can borrow a Graduate PLUS Loan to assist with covering his/her educational expenses. Students must meet all financial aid eligibility requirements and be enrolled at least half-time. Additional information regarding the application process can be found on the Graduate PLUS Loan page.
Summer Financial Aid Disbursements
Financial aid disbursements will begin the week following Drop/Swap & Add and continue each week throughout the semester, as students complete and meet all eligibility requirements. The timing of disbursements is contingent upon enrollment and confirmation of academic activity.
NOTE: Students whose half-time enrollment includes Summer Session B courses should be aware that summer financial aid will not disburse until after Session B has begun and students have successfully completed their academic activities for that session.
Additional information regarding financial aid disbursements can be found on our disbursements page.