Fall 2011 Financial Aid Newsletter
If you are among the many undergraduate students who rely on some form of aid to pay for school, some of your time is going to be spent interacting with the Office of Financial Aid. We understand you came to DU to get a first-rate education, and don't expect you to be an expert in financial aid. That's why we have a team of professionals dedicated to helping you navigate the process and make the most of your financial aid awards.
We also make every effort to keep you informed of changes to and requirements for your financial aid with frequent and timely communication (like this newsletter, for instance). And, the Financial Aid website makes navigating and retrieving financial aid information easier than ever.
Be on the lookout for the messages we send your way--they likely contain important information about your financial aid status. And the next time you have a question about your financial aid, give us a call at 303.871.4020 or email us at firstname.lastname@example.org. We welcome your feedback and want to ensure the personalized attention you receive in the classroom continues in our office.
If all of your grant, scholarship, and federal loan funding has been exhausted, but you still have tuition bills or personal expenses to pay for, a private educational loan might be your next best option for covering your bills. But before you sign on the dotted line, there are a few things you should know.
The fall 2011 financial aid disbursement day is September 2nd, and if the amount of aid that pays in to your student account exceeds what you owe to DU, you will receive a refund for the difference. However, refunds do not usually reach students until 5 days after disbursement. That means if you are going to need money to pay rent, buy books, or eat pizza, you should bring it with you and not rely on your financial aid refund to pay for those prior-to-school expenses.
What's the quickest way to receive your refund? Direct deposit. To sign up for direct deposit, log into webCentral, go to the "Student" tab and click on "Update Bank Account" under "My Statement."
Bottom line: Chances are you will not have your refund until the second week of September. Be sure to plan accordingly by having enough money on-hand to cover your expenses until then.
Interterm is the period between quarters during which on-campus and travel courses are offered in intensive formats that provide students with an alternative approach to learning.
Second, private educational loans, can be used to pay for interterm charges. Learn more about private education loans before applying for one, and be sure to read the “4 Things to Know About Private Loans” article above.
In this issue:
Important Fall Dates:
September 5: Labor Day--University Closed
September 6: Financial Aid refunds become available
September 12: First day of classes
September 18: Last day to add or drop classes at 100%
October 1: 2012-2013 CSS PROFILE becomes available
November 18: Last day of fall quarter classes
November 19-22: Final exams
Have you accepted your financial aid awards? Are you sure? Late fees are often assessed on accounts for students who have not completed all the necessary steps. If you haven't accepted your award package (or want to make sure you have), here's how:
After you have accepted your award, go back to the "Student" tab and view the "Financial Aid Requirements" to make certain that you have completed all other steps necessary to receive your financial aid.
If you will be graduating at the end of the fall or winter quarter, or don't plan to enroll for all three quarters, please complete an Adjustment for Partial Year Attendance form so that we can adjust your aid accordingly.
Office of Financial Aid Contact Information
University Hall 255