Summer financial aid

Summer financial aid includes May and summer terms. The financial aid year ends with summer term, so available financial aid money may be limited.

Eligibility

To be eligible for summer financial aid, you must: 

• Be admitted to a degree granting program effective summer term at the U of M
• Be in good academic standing, according to financial aid satisfactory academic progress criteria
• Meet all deadlines
• Be registered for May or summer term (your aid will be based on your actual enrollment)
• Not have loans in excess of loan limits
• Not be in default on any loan under Title IV programs at any institution
• Not owe a refund on a grant

Summer financial aid is not available if you are not admitted, guest or non-degree, registering for summer only, or are a visiting student.

Steps to get summer financial aid

1. If you haven't already, complete the Free Application for Federal Student Aid (FAFSA) for the current academic year.
2. Register half-time or more for classes in May session and/or summer term(s) combined. See definitions of half-time enrollment.
   • You may be eligible for a federal Pell Grant if you enroll in at least 1 credit.
   • You may be eligible for a Minnesota State Grant if you enroll in least 1 credit.
     • Note: The MN State Grant will not be available during summer 2025.
3. Once you've completed the FAFSA and registered for class(es), you will automatically be considered for all available May/summer funding. By mid-May, you'll receive an email with information and instructions on next steps.

See financial aid steps for more information.

Summer 2025 cost of attendance

Each year, the University establishes standard student budgets that use cost of attendance estimates for offering May/summer financial aid funds. Figures vary according to your residency status and degree program. Your May/summer term COA is determined (and May/summer financial aid is offered) after you have registered for that term.