2018-2019 Student Handbook
35
Awarding and Disbursing Aid
Scholarship Committee
Beginning in March for fall awards and November for spring awards, the Scholarship Committee
meets on a monthly basis leading up to the applicable semester to award grants and scholarships to
applicants who completed their scholarship application by the applicable deadline. All applicants are
notified of results via email by the end of the applicable month.
Award Letters
All financial aid offers will be posted via an online Award Letter on the MyDenSem student portal.
Award recipients are required to login to the student portal to view and accept all aid offers.
Additionally, students are responsible for any follow-up steps and documents listed under the My
Documents section of the portal. Aid will not be disbursed until all requirements have been met.
Payment Deadline
All students must make payment arrangements for all tuition and fees by the Payment Arrangement
Deadline each semester (10 calendar days prior to the start of the semester at 12:00pm). Payment
may include a combination of direct payment, payment plan, and/or financial aid.
Students who need assistance with calculating a combination of financial aid, payment plan and/or
direct payment(s) may find the Net Price Calculator to be a helpful tool. More advanced budgeting
tools are also available upon request.
Disbursements
Loans will be disbursed to student accounts no earlier than 10 calendar days prior to the start of the
semester (per federal regulations). Refund checks for excess financial aid funds should not be
expected prior to the start of any semester. Institutional aid (scholarships, grants, discounts) will be
disbursed to student accounts no earlier than the drop/add date (10 business days after the start of
the semester). Refund checks will be mailed to students on the Friday after a credit balance is created
on the student account.
Cancellation
Students have the right to cancel any accepted awards at any time. The process to do so will depend
on the timing of the request. Contact the Financial Aid Office for details.
