Financial Calendar

Use this timeline as your guide throughout the financial aid process. Take the time to note events as they occur so that you have a record of when you complete them. Also, look ahead to plan for upcoming events.

Bench Mark	Event
October 1	Free Application for Federal Student Aid (FAFSA) is available for new and returning students.
January	Complete federal tax returns Spring term classes begin. Financial aid is disbursed to eligible students beginning on the first day of classes.
January-March	Monitor your PAWS and JagMail accounts for updates regarding your FAFSA and outstanding requirements. Please submit all outstanding requirements promptly.
April	The Financial Aid Office will begin reviewing financial aid files and awarding for the upcoming Fall term. Respond to all requests for information from USA in a timely manner.
May	The Financial Aid Office will begin sending Award Notifications via JagMail email accounts for the upcoming Fall semester to students who have completed their files with USA and have eligibility. May 1st is the priority deadline for FAFSA completion. Students may continue to apply for aid by completing the FAFSA but their aid may not be processed by the time Fall payment is due. Complete Electronic Direct Deposit Forms. Forms for EDD only have to be submitted once. It is not necessary to re-enroll each semester provided your bank account information stays the same. The Department of Education will release the upcoming academic year’s federal Direct loan interest rates. Master Promissory Notes, Entrance and Exit Counselings, and Graduate PLUS loan applications are available to complete online at studentaid.gov for the upcoming year.
June-July	Third and Fourth year classes begin for the Fall semester, and financial aid will disburse. If a student has outstanding requirements, their financial aid will not disburse on time. Complete Electronic Direct Deposit Forms for the Fall semester. Forms for EDD only have to be submitted once. It is not necessary to re-enroll each semester provided your bank account information stays the same. Student Accounting will process refunds as quickly as possible.
July-August	Orientation for first year students.
August	Fall Semester begins for first and second year classes, and financial aid will disburse. If a student has outstanding requirements, their financial aid will not disburse on time. Student Accounting will process refunds as quickly as possible.
November	Set up a one-on-one budgeting session to discuss ways to save money in medical school.
December	Complete Electronic Direct Deposit Forms for the Spring semester if needed. Forms for EDD only have to be submitted once. It is not necessary to re-enroll each semester provided your bank account information stays the same.