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 · Summer 2020 Aid

Financial Aid and Scholarships

Summer 2020 Financial Aid Information

IMPORTANT!  Summer financial aid estimates are not available until mid-April, 2020  Therefore, the information on this page is intended to provide you with a general overview of the types of financial aid that may be available during the summer semester. Funding for the summer is typically less than what’s available during the academic year, but funding for study abroad expenses can usually be obtained through a private student loan if you’re able to secure a co-signer with good credit.  If you have specific questions or concerns about summer financial aid after you review the information below, contact your study abroad advisor to request the link to schedule an appointment with a financial aid counselor. 
The requirements below are applicable to the summer aid programs included on this page unless otherwise noted:    
  1. All types of aid below, with the exception of some private student loans, require the student to meet the Standards for Academic Progress (SAP).
  2. Half-time enrollment is required to receive certain types of financial aid.  For financial aid purposes, half-time is defined as 6 credits for undergraduate and professional students, and 5 credits for graduate students. 
  3. In addition to completing the 2018-19 FAFSA, you must be fully enrolled for all summer courses to go through the summer awarding process.


Federal Pell Grant
  • Option 1:  “Remaining” Pell Grant funds
    If you were not enrolled full time (12 or more credits) for the 2019 fall and 2020 spring semesters, you may have remaining Pell Grant eligibility from the 2019-20 academic year. Half-time enrollment is not required. 
  • Option 2:  “Additional” Pell Grant funds also called Year Round Pell Grant
    If you received 100% of your scheduled Pell Grant award during the 2019-20 academic year you may be eligible for additional Pell Grant funds during the summer.  Must be enrolled at least half time (6 credits) for consideration.
North Dakota State Grant
Availability of North Dakota State Grant funds for the summer semester will be determined by the North Dakota University System in April, 2020. If funds are available, those who meet the criteria below will receive consideration:
  • Graduated from a North Dakota high school;
  • Has financial need as determined by the 2019-20 FAFSA;
  • Must be enrolled for a minimum of 3 credits.    
The Teacher Education Assistance for College and Higher Education (TEACH) Grant is for students who intend to teach full time in an elementary or secondary school that serves students from low-income families for at least four of the eight years after their degree completion.  If interested, a form must be completed and submitted to NDSU One Stop.


Federal Direct Loans (subsidized and unsubsidized) do not require a credit check or co-signer, and typically have a lower fixed interest rate than private student loans.  Eligibility requirements for Direct Loans include:
  • Half-time enrollment or equivalent (6 or more credits for undergraduate and professional pharmacy students and 5 or more credits for graduate students); and
  • Has not borrowed the annual limit for the 2019-20 academic year based on grade level – see the chart below; and 
  • Has not reached the following aggregate/lifetime Direct Loan borrowing maximum:
    • Undergraduate Students - $31,000 for Dependent Students and $57,500 for Independent Students
    • Graduate Students - $138,500
    • Professional Pharmacy Students - $224,000
The Federal Direct Loan annual loan limits for fall, spring and summer semesters combined are listed below. 
Grade Level Dependent Student Independent Student
Freshman $5,500 $9,500
Sophomore $6,500 $10,500
Junior $7,500 $12,500
Senior $7,500 $12,500
Graduate Student N/A $20,500
Professional Pharmacy N/A $37,167
Federal Direct PLUS Loan
A long-term, fixed-rate loan for educational expenses in which the parent is the borrower for their dependent undergraduate student.

Federal Direct Graduate PLUS Loan
A long-term, fixed-rate loan that graduate or professional students can borrow to help cover educational expenses.
Private Student Loans (previously called Alternative Loans)
Non-federal, interest-bearing loans through a bank or credit union requiring a student borrower and a credit-worthy co-signer.  Interest rates can be fixed or variable. Most lenders offer flexible repayment schedules and many have additional benefits such as an interest rate reduction with automatic payment and a co-signer release option.