Winter Financial Aid Update
In this update:
The last day of fall semester is Wednesday, December 13th. This is also the last day any type of federal aid—including federal student loans—can be certified for the fall term. If you need any adjustments made to your financial aid for fall semester, contact us as soon as possible!
Your DU tuition bill is due on December 29th. On that date, your financial aid for spring semester will disburse to your student account and will pay toward your charges—as long as all financial aid requirements are satisfied.
In order to receive your financial aid, you must:
Expecting a refund? If your financial aid is more than the total of your charges, a refund will be generated by the Bursar's Office on Tuesday, January 2nd. If you have direct deposit, you can expect to see your refund in your bank account on the 3rd.
Did you know you can calculate your estimated refund through PioneerWeb? Go to the Law Student tab and click on the "Student Account by Term" link in the Financial Aid Awards box. Then, subtract your total "Term Credits and Payments" from "Term Charges." If the result is a negative number, you'll receive that amount in a refund.
We frequently have students ask, "Can I get my refund sooner?" Unfortunately, no. We are prohibited by federal regulations to disburse financial aid funds any sooner than 10 days before the start of the semester. Since spring semester begins on January 8th, we can't disburse funds any sooner than December 29th.
At the end of the 100% add/drop period each semester, we must verify your enrollment. The last day you can either add a class without being assessed a late fee or drop a class to receive 100% of the tuition refunded for spring semester is Monday, January 22nd. On that date, we will verify your enrollment and make any necessary changes to your Cost of Attendance.
Your Cost of Attendance and financial aid is based on the typical enrollment of students in your program:
If you are enrolled in fewer credits for the spring semester than indicated above for your program, your financial aid refund may be too large and we may need to return a portion of your loan funds back to the U.S. Department of Education (which will create a balance due with DU). If you are enrolled in more credits, you will receive a smaller refund to use for living expenses (if you planned to borrow for those).
If your actual enrollment is different than what's listed above, please submit an Enrollment Adjustment Form so we can make the appropriate changes to your Cost of Attendance and, if needed, your financial aid.
As a reminder, the University of Denver is closed from Monday, December 25th through Tuesday, January 2nd. Since our office is included in the closure, we highly encourage you to make sure all of your financial aid requirements for spring semester are satisfied before the break. Doing this will help you avoid late fees, and will ensure you get your refund in a timely manner.
Because the 2018-19 FAFSA is already available, you can get a jump start on the financial aid application process for next year by submitting it now. But no rush—the priority deadline for current students to apply for financial aid is not until March 15th.
How to Apply:
When to Apply:
What You'll Need:
Some students ask if they can wait until January or later to complete the 2018-19 FAFSA with 2017 tax information. Even if you do wait to submit the FAFSA until after you file your 2017 taxes, you must still use 2016 information on the application.
We will begin sending 2018-19 financial aid award letters to those with completed applications in late May or early June.
If you have any questions about the information in this update, please contact us. Happy holidays and enjoy winter break!