WINTER 2011 Financial Aid Newsletter
With fall quarter finals complete and a break before the start of the winter quarter, now is a good time to start thinking about financial aid for the 2012-13 academic year. Over the past three months, the Office of Financial Aid started preparing for the 2012-13 academic year and the 2012 summer quarter. We have taken this time to carefully review our processes and procedures to ensure that the financial aid application and award letter process will run as smoothly as possible.
For students and families, the first step in the process is reapplying for aid. This year, the 2012-13 financial aid priority application deadline for continuing students is March 15th. The CSS PROFILE is already available for the 2012-13 academic year and the FAFSA will be available on January 1st, 2012. When completing the FAFSA, we recommend that you use the IRS data retrieval process. We believe that students and families that use the data retrieval process will have a lower probability of being selected for verification, thus making the process easier for you.
As we move into the financial aid application season, please take time to read the communications from our office. Our primary method of communication is email, and we will be sending information about priority application deadlines, missing items needed to complete your financial aid application, changes regarding summer aid at DU and your financial aid award letter.
Another way to stay on top of changes and new initiatives is to follow my blog: 411 on Financial Aid – The Director’s Blog. My goal through this blog is to offer insight and direction into a process that many find daunting, confusing and challenging.
As always, please call us at 303.871.4020 or email us at email@example.com if you have any questions.
Applying for financial aid is one of those checklist items that you need to complete once a year. Like spring cleaning. And with the 2012-2013 financial aid season ready to begin, it’s time for a refresher course on applying for aid.
When to Apply
What You'll Need
April 1: Deadline for continuing students to submit verification documents (if requested) to the Office of Financial Aid.
Late May: DU begins sending award notifications to continuing students.
I like imagining worst-case scenarios. Not because of some sadomasochistic drive to fantasize about horrible situations, but because of the preparedness that line of thinking can breed. From charting your way through an economic meltdown to mapping out your zombie apocalypse survival plan, preparing for the nastiest possibilities can make less-than-catastrophic scenarios more manageable.
Happy Holidays! With the six-week winter break, we hope you relax and enjoy spending time with your family and friends. This is also the perfect time for you to gear up for the New Year, especially in regards to financial aid. Applying for aid is only the first step; please check the private scholarship webpage regularly, too. We have a lot of opportunities for you to take advantage of. A few that may interest you include:
If you have any questions or need assistance in applying for any of these scholarships, please do not hesitate to call or stop by the Office of Financial Aid—we’re happy to help you!
Welcome back Study Abroad students! As a reminder, students returning from study abroad who have a work award have until Tuesday, January 31st to secure a work award position for the 2011-12 academic year. Students who do not secure a position by this date will have their awards cancelled. As this deadline approaches, we encourage you to visit the Student Employment Website for a list of current job openings available to students with a work award.
Students who do not have a work award can also look for off-campus job openings online. We currently have positions listed for babysitting, dog walking, retail sales, tutors, office assistance, housecleaning, social media marketing and more. All off-campus jobs on the website pay a minimum of $10 per hour.
In this issue:
October 1: 2012-13 CSS PROFILE became available
December 24: Winter quarter disbursement of financial aid
December 26 - January 2: University closed
December 27: Refunds begin to be generated by the Bursar's office
January 1: 2012-2013 FAFSA available
February 15: Priority deadline for new students to apply for aid
March 15: Priority deadline for continuing students to apply for aid
Did you know? If you completely withdraw from all courses, which does include medical withdrawals, you may no longer be eligible for all of the federal financial aid you received for that term. This means you may have to pay back some of that aid through a process called the "Return of Title IV Funding." If you are considering withdrawing for a term, please contact our office to learn about the implications. Learn more >>
An important federal regulation that all students should understand is a policy called Satisfactory Academic Progress (SAP). We are required to ensure that students who utilize financial aid are making progress toward completing their degree. While this policy is completely separate from all other academic policies at DU, you must be making SAP in order to continue receiving financial aid.
To maintain SAP, there are three minimum standards you must meet:
If you do not meet these minimum standards, we will contact you and your financial aid will be suspended. Learn more >>
Office of Financial Aid Contact Information
University Hall 255