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Subsidized Direct Loans are available to undergraduate students who demonstrate financial need
Cal Grants: are offered to FAFSA and DREAM applicants who graduate early and will not need their Cal Grant during the academic year. Award amounts will vary depending on the amount of summer fees. Cal Grants will be awarded mid-summer and will reduce your University Grant eligibility
Federal Work-Study: offered to on-time FAFSA eligible students who demonstrate financial need and request work-study on their summer application. The maximum award amount is $1800 (subject to change based on availability of summer funding). Students can work 20 hours per week.
The Direct Loan Program consists of low-interest Subsidized (need-based) and Unsubsidized (non-need based) loans funded by the US Department of Education. Loans are available to FAFSA eligible students. Additional information about the Direct Loan Program is available under the Guides & Publications section on the Financial Aid & Scholarships Website.
Loan repayment will begin six months after graduation or dropping below half-time enrollment. Accrual of interest will begin immediately after graduation or dropping below half-time enrollment.
Unsubsidized Direct Loans are available to all students regardless of income. Interest accrues from the date of disbursement but the extra costs of accrual can be avoided by making interest payments while in school.
Subsidized and Unsubsidized Direct Loan eligibility for the summer is subject to the maximum annual loan limits. Federal loans disbursed in the summer will reduce your academic year eligibility.
Direct PLUS Loans are offered to parents of undergraduate students via the student’s Financial Aid Notification. A separate application with the US Department of Education is required in order to determine final eligibility. PLUS loans are available only to borrowers who do not have adverse credit histories. Final eligibility is determined by the US Department of Education. Interest begins to accrue from the date of disbursement. Repayment begins 60 days after the loan is fully disbursed but can be deferred until graduation.
To complete the summer PLUS Loan Application, visit the US Department of Education – Parent Plus Loan page and indicate a loan period of .
Private Loans: These loans will be offered to students who receive the maximum award amounts under the federal loan program for the summer and the academic year and still require additional funding. Private loans are funded by banks and lending institutions and often require a co-signer. Students and/or co-signers will have to pass a credit check, performed by the lender, before their private loans are approved. The interest rate and repayment terms will vary since these loans are not federally guaranteed. If you are awarded a private loan, see the Private Loan Guide available under the school year section of our Forms and Publications page.
Financial Aid and Scholarships will verify your enrollment status before disbursing funds to your account. You must be enrolled in at least 6 units before we can release your aid to your BruinBill account. Disbursements start 10 days before the first day of summer sessions. When aid is disbursed to BruinBill, it will pay your Summer tuition and fees. A refund will be generated for any balance remaining and released to you to be used for your educational and living expenses.
For students enrolled in sessions A and C, financial aid for both sessions will be disbursed at the beginning of session A. For students enrolled in Session C only, aid will be disbursed at the end of July.
Maintaining Summer Aid Eligibility
Summer Financial Aid eligibility is based on the exact sessions and number of units per session you indicate on your Summer Aid Application. You will be subject to billing if you switch the sessions attended and/or take fewer units than indicated on the application.