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.
Note: Holding an assistantship with registration for 8 hours (3 hours in summer) is not considered full-time and will not qualify to obtain a U-Pass. Student Loans. For graduate students, 9 hours (5 hours in Summer) registration is considered full time for student loans. Half-Time is 5 hours (3 hours in Summer). Consult with the Office of Financial Aid is you have any questions.