Financial aid for summer school at GCU consists of any remaining eligibility for federal financial aid (Stafford Loans and PLUS Loans). There are no institutional funds available for summer school. Applicants for Stafford and PLUS loans must enroll in at least 4 matriculating credits for graduate students and 6 matriculating credits for undergraduate students during the summer. A student may have eligibility if enrolled for 4 credits in either Summer I or Summer II or 3 credits in Summer I and 3 credits in Summer II. Repayment begins six months after termination of college enrollment or when a student falls below half-time status. Interest accruing during those periods may be paid or capitalized. Federal aid applicants must meet satisfactory academic progress requirements.
Students requiring loans for the Summer I and or Summer II sessions must submit a Summer Application to the Financial Aid Office. Students must be registered for Summer session classes before the loans are awarded. It is the student’s responsibility to ensure that the amount of loan is sufficient to cover the bill. Students who add or drop classes after the loan has been awarded should contact the Financial Aid Office. Loans will be cancelled for students who do not complete a minimum of 6 credits and the balance will be the responsibility of the student.