Summer Financial Aid

If you plan to enroll in the summer session, limited funding may be available through the Financial Aid Office and some academic departments. Contact your department directly for more information about any financing they may offer.

  • To qualify, you must:

    • Meet all general financial aid eligibility requirements.
    • Be enrolled in classes at least half-time to receive most funds.*
    • Meet the following deadlines:

    * Summer work-study does not require enrollment in summer classes.

    We encourage you to apply for aid as soon as possible so that we can determine your eligibility for loans before the end of the Drop/Add period.

  • Federal and private loans may be available to eligible students who enroll for the USC summer session at least half-time, which is defined as 4 units for master’s degree candidates, 3 units for doctoral candidates, or enrollment in a course considered full-time by the registrar (regardless of the actual number of units).

    Applicants should follow the instructions below. Documents can be submitted online through your Financial Aid Summary and Tasks (FAST) page. Your loan application will be reflected in your FAST account in the “Document Status” section.

    If your loan is based on plans to enroll in two (2) summer sessions:

    Please be aware that your loan could be canceled if you do not complete both sessions and your total enrollment drops to less than half-time for the entire summer.

    Federal Direct Unsubsidized Loans

    Federal Direct Grad PLUS Loans

    Private Loans

    • Available to all students.
    • Complete a Summer Loan Request Form online and submit it to the Financial Aid Office.
    • Contact your lender directly to apply for the loan.

    Loan Advisory: Prior to applying for private loans, students should exhaust all Federal Title IV assistance available, including the Federal Direct Loan and the Federal Direct Grad PLUS Loan. The repayment terms of federal loan programs may be more favorable than those for private loans.

    Private student loans may not be included in Federal Direct Consolidation Loans, are not eligible for Federal Income-Based Repayment Plans and are not eligible for Federal Economic Hardship Deferments.

    Visit Private Financing for more information.

  • Continuing students can earn up to $3,500 through summer Federal Work-Study. You are not required to be enrolled in summer classes to qualify. Funds are awarded to students with the greatest financial need who:

    • Intend to enroll at least half-time at USC for the fall 2024 semester.
    • Meet all general eligibility requirements for financial aid, including satisfactory academic progress.
    • Demonstrate financial need for both the 2023-2024 and 2024-2025 academic years.
    • Are on-time applicants for 2023-2024 financial aid.
    • Submit a Summer Federal Work-Study Application by March 31. You will be required to log in with your USC NetID.

    Private Loans

    The federal government requires that summer Federal Work-Study earnings—minus any employment-related expenses—be considered when determining your financial aid eligibility for the following academic year. As a result, your eligibility for other financial aid programs may be reduced.

  • Be sure to follow all instructions provided on your financial aid summary.

    Summer financial aid will be posted to your student account no sooner than a week before your first summer class. Loans will be disbursed after you start classes.

    Potential Delay of Disbursements Due to Monitoring of Satisfactory Academic Progress (SAP):
    Financial aid may not be disbursed to a student’s account until SAP has been evaluated. The Financial Aid Office cannot complete the SAP evaluation until prior semester grades have been officially posted by the Office of Academic Records and Registrar. Therefore, an otherwise eligible student may experience a delayed financial aid disbursement if grades are not made official before the beginning of the subsequent semester. No exceptions can be made to this process.

    IMPORTANT: Tuition and fees for summer classes are assessed at the time of registration and due when billed, regardless of class start date(s). To avoid late fees, you may be required to pay any outstanding balance on your student account before your financial aid funds can be posted. If you have applied for financial aid and need to defer payment of your billing balance until financial aid funds become available, please contact the Financial Aid Office. Please visit the Student Financial Services website for information about settlement of your student account.