Winter Financial Aid Update
In this update:
The last day of fall quarter is Tuesday, November 21st. This is also the last day any type of federal aid—including federal student loans—can be certified for the fall term. If any adjustments need to be made to your student's financial aid for fall quarter, contact us as soon as possible!
The winter quarter tuition bill is due on December 24th. On that date, your student's financial aid for winter quarter will disburse to his or her student account and will pay toward current charges—as long as all financial aid requirements are satisfied.
In order to receive your financial aid, your student must:
Expecting a refund? If the amount of financial aid that disburses is more than the total of your student's charges, a refund will be generated by the Bursar's Office on Thursday, December 28th. Students who have direct deposit can expect to see their refund in their bank account on the 29th.
Remember: DU Health insurance is only charged in the fall and spring quarters. So if you are expecting a refund for winter quarter and enrolled in DU's health insurance plan, it may be higher than the refund your student received for fall quarter.
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 quarter. Since winter quarter begins on January 3rd, we can't disburse funds any sooner than December 24th.
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 and your student to make sure all financial aid requirements for winter quarter are satisfied before the break. Doing this will help avoid late fees, and will ensure refunds are generated in a timely manner.
Because the 2018-19 FAFSA and CSS Profile are already available, you and your student can get a jump start on the financial aid application process for next year by submitting them now. But no rush—the priority deadline for current students to apply for financial aid is not until March 15th.
When to Apply:
What You'll Need:
Some parents have asked if they can wait until January or later to complete the 2018-19 FAFSA and CSS Profile with 2017 tax information. Even if you wait to apply for aid until after you file your 2017 taxes, you must still use 2016 information on both applications.
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!