What do I need to know about summer aid?
Degree-seeking undergraduate and graduate students are eligible to apply for summer aid.
Summer financial aid can be used to pay for tuition and living expenses only during the weeks you are enrolled in classes. Summer payment plans are available.
At UAlbany, the summer term starts the academic year. Using aid in the summer may reduce your eligibility for Pell Grants in the fall and spring semesters.
Undergraduate students who are eligible for less than half-time Pell must be registered for at least one degree-applicable credit to qualify for a summer Pell Grant.
At UAlbany, the summer term starts the academic year. Using aid in the summer may reduce your eligibility for TAP payments in the fall and spring semesters.
You must be enrolled at least half-time to qualify for federal loan disbursements. Loan disbursement dates are also determined by enrollment.
Half-time is six degree-applicable credits for undergraduate students and 4.5 degree-applicable credits for graduate students.
Borrowing federal loans in the summer will reduce your loan eligibility for the fall and spring semesters.
Excelsior Scholarship recipients must earn at least 30 degree-applicable credits per academic year.
Students who did not earn at least 30 degree-applicable credits in the previous fall, winter and spring terms may use summer term classes to meet the requirement.
Excelsior Scholarship payments are not available for the summer term.