At 5 p.m. (Arizona time), any loans that are not accepted will not be eligible for disbursement in the spring term. If you are enrolled in the summer term at least half time and have not used all of your annual loan eligibility for the academic year, you may be eligible to receive Federal Direct Loans in the summer term. Remaining loan eligibility for the summer term is determined by your current grade level, dependency status and cost of attendance.

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