Summer Aid For Undergraduates

TCU grants, scholarships, and Stafford loans are usually not available for summer terms. Therefore, funding for summer school is available in the form of other educational loans.

Students enrolled in a summer course and eligible for a Pell Grant will be awarded Pell Grant funds. Generally, Federal regulations require Pell Grants to be disbursed in the first eligible (summer) term the student has enrolled in, even if the student does not apply for summer financial aid. If a student does not wish to use Pell Grant funding during the summer, the student must submit a written request to the Financial Aid Office, declining the Summer Pell Grant.

Any Pell Grant funds that are disbursed in the summer will affect the student’s spring payment.                                                                                                                            

Example: If a student is eligible to receive $5,550 for the academic year and takes 3 credit hours in summer session I and 3 credit hours in summer session II, their Pell Grant award would be the following 

Summer I$694
Summer II$694

In this case, the student’s spring Pell Grant payment is reduced by $1,388, the amount that was used in the summer sessions. It is the responsibility of the student to plan for this shortfall.

                    ** NOTE:  At least half-time enrollment is not required to receive a Pell Grant.

Important note regarding disbursement of summer financial aid: Most financial aid listed below is limited to students who are enrolled at least half-time (except private loans). Due to Federal regulations, state statute, and TCU policy summer aid from Federal or state sources cannot be disbursed until a student begins half-time study. For example, the student is enrolled in a 3 hour May session and 3 hours during the 2nd 5 week session= disbursement is the first day of the May session. A student is enrolled in 6 hours the 1st 5 week session= disbursement is the first day of the 1st 5 week session.

Summer Enrollment Status (undergrads)Financial Aid options for Summer
No FAFSA/Less than 6 hoursPrivate loans – students can apply online with lender of their choice (click here for more info and lender recommendations)
6 hours or morePLUS loans – must have 2017-2018 FAFSA on file at TCU; parents of dependent undergraduate students can apply online with US Dept of Education (click here for more info)
6 hours or moreCollege Access Loans - certain students may have summer eligibility for College Access Loans - scroll down for details


How much can I apply for?

Enrolled HoursEstimated cost of attendance for summer 2017 (loan limit)

TCU Student Financial Services – summer 2017 tuition rate is $1,480 per credit hour
TCU Residential Services – summer housing info

  • All students needing funding for any summer school term may begin applying for loans in April 2017.
  • Please apply for your summer needs ONLY by choosing a loan period of 5/15/17 to 8/04/17 and by limiting your loan amount to the funding you will need for that time period.
  • Additional loan applications should be completed for fall and spring costs once the student has received an award letter for those semesters.
  • Loan applications that are processed with the same lender and within 90 days of one another will most often result in only one inquiry to the students and/or co-signer’s credit. Check with your lender to confirm their credit application policies.
  • Some undergraduate students who plan to graduate in August 2017 or December 2017 may receive Stafford loans in summer if enrolled in 6 or more hours. A student may also request that they receive Stafford loans disbursed in 3 equal disbursements for summer / fall / spring if in 6 or more hours each semester.


College Access Loan for summer 2017

Texas residents who are enrolled at least half-time for summer 2017 may apply for the College Access Loan (CAL) from the state of Texas. To be eligible, undergrad students must be enrolled in a minimum of 6 hours for the summer semester, and have a 2017-2018 FAFSA on file at TCU. Important: If you will be applying for a CAL loan for summer as well as a CAL for fall/spring, you must wait a minimum of 2 weeks between these applications.

The student borrower for the CAL will require a credit-worthy cosigner if the student’s credit is not sufficient. Click here to get more information and apply online.

Students also attending full-time in fall and spring of the 2017-2018 may have eligibility for additional CAL funding for those terms. Undergraduate students who are eligible for CAL in fall 2017 and spring 2018 will have it included in their financial aid award package.

Please be sure to periodically check “Requested Information” on the financial aid website for any outstanding information needed to process your application. Awards will not disburse until all outstanding documents are submitted.