Information for Fall and Summer Graduates
Federal regulations require Boise State to “pro-rate” student loans for undergraduates who will graduate at the end of fall or summer semester.
Here are the implications for you:
- You can never receive more than one-half of the annual Pell Grant amount per semester. This means your Pell will never increase due to graduating.
- For fall, subsidized and unsubsidized loans will initially be offered based on an anticipated enrollment of at least 12 credits. Adjustments to aid will occur in mid-July.
- For summer, your aid is only awarded based on your actual enrollment. This typically occurs in mid-April.
- You should enroll only in the classes that you need to graduate.
- Loan amounts will be based upon the number of credits in which you enroll.
- As always, you will need to have at least 6 credits to be eligible for subsidized and unsubsidized loans.
- Budget increases may impact the type of student loan you receive, but not necessarily the total amount received.