At institutions operating on a traditional academic calendar (two semesters—fall and spring--or three quarters/trimesters—fall, winter, spring), the summer term is an optional term over and above the regular academic year.
Under certain circumstances, a student can receive an award for summer study that is in addition to the regular annual award. Such additional awards for summer study are considered accelerated TAP.
To be eligible for an accelerated summer payment, a student receiving a first award in the 2006-07 academic year and thereafter must satisfy these criteria in addition to the standard TAP eligibility requirements:
- Be full time in the prior spring term;
- Earn 24 credits from the same institution in the prior two terms (3 credit equivalents in remedial study in each term are permitted as part of the total 24 credits, or 18 credits plus 6 credit equivalents); this requirement must be met each time an accelerated award is sought;
- Enroll part-time for at least six but fewer than 12 semester hours applicable to the program of study for a half-time accelerated payment.
- Enroll full-time for at least 12 credits applicable to the program of study for a full-time accelerated payment.
Accelerated TAP is available for full-time and half-time undergraduate summer study for students attending degree-granting institutions or two-year programs in registered private business schools.
For TAP purposes, all summer sessions are combined and treated as a single term.