Financial Aid: Summer 2020

Are you looking for additional ways to cover your summer costs?

The following Financial Aid resources will be available for Summer 2020:

Pell Grant

If you received the Pell grant during the 2019-2020 academic year and meet one of the following conditions, you may be eligible to receive the Pell grant for the Summer 2020 semester:

1. You are a Pell eligible student who has urged Pell grant (unused Pell is the result of less than Full-time enrollment during the Fall 2019 and/or Spring 2020). Pell will be awarded automatically after summer registration is confirmed. (Minimum enrollment not required.)
2. A Pell eligible student is enrolled for at least 6 credits as a half time student and has remaining lifetime eligibility.

Federal Direct Loans

Loan activity for the Summer 2020 is part of the 2019-2020 academic year. Any student who is enrolled at least half-time (Undergraduates-6 credits of more, Graduates-5 credits or more) may be eligible to utilize any remaining Federal Direct loan amounts offered for the academic year during the Summer 2020 term. Loan amounts per grade level are listed below. You will receive an e-mail notification if you are eligible.

The annual loan limit is as follows and is based on your fall/spring offer:

If dependent, your subsidized and unsubsidized Federal Direct Loan annual eligibility is as follows:

If independent, your subsidized and unsubsidized Federal Direct Loan annual eligibility is as follows:

Additional Loans-Parent PLUS and Alternative (Private)

If funding is needed to cover the cost of summer enrollment, a parent of a dependent undergraduate student may apply for the Parent PLUS loan. Graduate students may apply for the Graduate PLUS loan. Half time enrollment (at least 6 credits) is required to be eligible for PLUS loans. Both Undergraduate and Graduate students may apply for Alternative Loans.

Learn more about classes and summer details at stockton.edu/summer.