Summer 2017 Financial Aid
Registering for summer classes at UT Austin? Financial aid offers for summer will begin to be released in early May for students who are registered for the summer session. To be eligible for summer aid, you’ll need to have completed both the 2016-17 and 2017-18 FAFSAs and be registered for the minimum number of hours required.
FANs and registration
Your Financial Aid Notification (FAN) will state the number of hours and sessions on which your aid offer is based. If the sessions or hours you are enrolled in differs from what’s on your FAN, those changes must be reported using CASH’s Report Changes service so your aid can be adjusted, if necessary. If you are taking fewer hours than the minimum required, your aid will be cancelled.
Available aid types
Keep in mind that most summer aid packages include loans, not grants. Loan amounts are based on your remaining aid eligibility from the Fall 2016 and Spring 2017 semesters. If you received your full allotment of federal loans during the fall and spring semesters, we will not be able to offer you any additional loan funding for the summer. (If you are completing your degree in either the summer or the fall of 2017 and have exhausted your annual loan limit, you may be eligible for a prorated loan award, but you’ll need to inform the Office of Financial Aid if this is the case.)
Financial aid payment
For first-term, nine-week, or whole-session courses, aid is scheduled to pay in early June. For second-term courses, aid is scheduled to pay in mid-July. Payment is contingent on completion of all CASH and summer enrollment requirements.
Haven’t gotten your aid yet? Make sure you’ve
- Checked and completed any outstanding CASH requirements
- Completed both the 2016-17 and 2017-18 FAFSAs
- Checked that your registration matches the credits or sessions reported on your FAN (or reported your changes via CASH)
There may also be a slight delay in your aid payment if you’re completing registration when aid is scheduled to pay, or if you’re enrolled in a special program (like study abroad).
Other summer options
If you’re not able to register for the minimum required credits or don’t think you’ll be able to afford summer classes at UT Austin, consider attending community college classes as a money-saving alternative. Financial aid is rarely available for summer community college classes, but tuition is often low. Check with your advisor to ensure that any summer credit earned elsewhere is transferable to UT Austin. Need a break from classes? Summer’s a great time to work and gain job experience, build your resume, and earn money for the upcoming academic year.