Summer Session 2009 Financial Aid
Direct Loans for Graduate & Professional Students
SUMMER OFFER LETTERS AVAILABLE ON THE WEBhttps://summeraid.berkeley.edu
ELIGIBILITY:
- You must be a continuing student who attended Fall 2008
and/or Spring 2009, and have a complete 2008-2009 financial aid file.
- You
must be attending a UC Berkeley Summer Session, and taking a minimum
of 6 units.
- You may not exceed the maximum annual loan
limits for 2008-2009: $20,500 for combined subsidized and unsubsidized
loans, including no more than $8500 in subsidized loans. (Exception:
Optometry & Public
Health students have extended unsubsidized loan limits.)
- You may not
have a financial aid overaward for the 2008-2009 academic year.
- You
may not have any blocks on your account.
| Important note: If you have 2008-2009 academic year loan eligibility remaining, accept your loan via the on-line 2008-2009 Financial Aid Offer Letter on Bearfacts by late April. You can save those loan funds and use them for the summer session. |
HOW TO APPLY:
- Beginning in early March, you may use the web-site estimator to estimate your summer loan eligibility based on the summer course(s) you are considering. You may do as many estimates as you like. The address is https://summeraid.berkeley.edu.
- Enroll via Telebears for your summer session courses.
- Beginning April 1, you may go to the summer financial aid web-site to request a summer Financial Aid Offer Letter. Wait two days after enrolling in summer session. If you will receive any outside awards (eg: departmental award, fellowship, etc.) during the summer, you must come to the Financial Aid Office, 201 Sproul, BEFORE you request your summer offer letter.
| We will not be able to add costs or awards to your summer offer once your Offer Letter has been completed. If you drop or change classes or receive previously unreported summer awards, you may become ineligible for the summer loan previously awarded to you. You may be billed for summer loan funds already received if you become ineligible. |
- Accept your loan(s) online, by typing in the accepted amount(s) in the appropriate box(es).
- Students who have already signed a Master
Promissory Note (MPN) do not need to sign another one for summer
Direct Loans. If you have not signed a MPN, you may complete one
on-line at http://dlenote.ed.gov. All MPNs for summer must be signed
and completed before August 10. First time DL borrowers at UCB must
also complete loan entrance counseling
on-line at https://www.dlssonline.com
We will begin transmitting Direct Loans into individual CARS accounts the week before classes begin for each summer session. You will receive a single disbursement of your summer loan.
SPECIAL MESSAGE FOR STUDENTS WHOSE SUMMER NEED IS
NOT MET BY DIRECT LOANS: *Students must be enrolled in a minimum of 6 units for the Grad PLUS loan. Private loans are available for students taking less than 6 units. |