The draw period of a loan is usually determined up front and explicitly defined in the contract terms of the loan. The draw period consists of a time frame during which the credit facility may be accessed, and may include an increasing maximum as the loan gets older.
No. Generally, students who enter UF with 60 or more credits automatically meet the nine hour summer requirement; however, if you attended another state university (even for dual enrollment credit in high school) you may be held to taking nine summer hours at UF or another state university.
Full time for graduate students is defined as registration in 9 hours in Fall and Spring Semesters (5 hours in Summer, although registration for Summer is optional in most situations). Students are required to register for more than 9 hours (5 in Summer) for a number of reasons, such as, but not limited to: