Issue link: http://denverseminary.uberflip.com/i/662200
2015-2016 Student Handbook 36 Awarding and Disbursing Aid Scholarship Committee Beginning in April for fall-starts and November for spring-starts, 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 (Fall/Spring semesters: 10 calendar days prior to the start of the semester at 12:00pm; Intersession/Summer terms: 12:00pm on the Friday prior to the start of the first class). 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. 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.