TCU: Summer Aid for Undergraduates

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.

 

Summer Enrollment Status (undergrads) Financial Aid options for Summer
6 hours or more

Private loans – students can apply online with lender of their choice (click here for more info and lender recommendations)

 

PLUS loans – must have 2011-2012 FAFSA on file at TCU; parents of dependent undergraduate students can apply online with US Dept of Education (click here for more info)

 

College Access Loans - certain students may have summer eligibility for College Access Loans - scroll down for details

Less than 6 hours

Private loans – students can apply online with lender of their choice (click here for more info and lender recommendations)

 

TCU Student Financial Services - summer 2011 tuition rate is $1,040 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 2011.
  • Please apply for your summer needs ONLY by choosing a loan period of 5/9/11 to 7/29/11 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 2011 or December 2011 may receive Stafford loans in summer.

College Access Loan for summer 2011

 

Texas residents who are enrolled at least half-time for summer 2011 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 2011-2012 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 2011-2012 may have eligibility for additional CAL funding for those terms. Undergradate students who are eligible for CAL in fall 2011 and spring 2012 will have it included in their financial aid award package.

 

Please Note: Credit approval information is not available to TCU prior to disbursement of College Access Loans. Therefore, the TCU Financial Services office will not be able to consider these funds in their calculations of anticipated financial aid. You may be required to make a payment on your student account prior to loan disbursement.

 

Processing time on state loan programs can be up to 3 weeks and disbursements from the state can be delayed past university requested disbursement dates. During this extended processing time, pending proceeds from this loan will NOT be considered when calculating account balances and payment due amounts and finance charges WILL be assessed. If you cannot make payments to TCU on or before the billing due date, we strongly recommend that you select another type of loan program.

 

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.