Denver Seminary

43 award), a scholarship application (the form used to apply for institutional aid), and all applicable directions and details related to the scholarship application process. Additional Steps Students who accept a student loan offer for the first time at Denver Seminary must also complete entrance counseling and a master promissory note (MPN) at www.studentloans.gov. Both documents are valid for up to ten years, and thus generally do not need to be completed again. These documents need to be completed no later than ten days prior to the start of the semester if a loan is needed to cover tuition and fees, as the student needs to have all requirements completed by the payment deadline (typically ten business days before the start of the semester). Scholarship recipients must also submit a thank you letter and picture to the Financial Aid Office each academic year that a scholarship, grant and/or tuition discount is received. Content requirements and deadlines will be linked on the student portal. AWARDING AND DISBURSING AID Scholarship Committee Starting in April for those beginning their program in the fall semester, and November for those beginning in the spring semester, the scholarship committee (made up of various departmental representatives, such as admissions, student life, and faculty) meets on a monthly basis to award grants and scholarships (tuition discounts are not competitive, and thus are awarded not by the committee but based solely on eligibility). Only applicants who completed their application by the applicable deadline (see the application section for details on deadlines) will be considered for scholarships. All applicants are notified of results via email (award recipients via an electronic award letter) by the end of the applicable month (for example, if the completed application is submitted by the April 1 priority deadline, the notification of results will be emailed by the end of April). Award Letters Award notifications will be posted to an online award letter on the student portal (my.densem.edu). To accept any award, students must log in and complete the required steps on the award letter. Additional required application steps are also listed on the award letter (such as entrance counseling and a master promissory note for first-time loan recipients, or the thank you letter for scholarship recipients; see the application section for additional details). Payment Deadline Tuition and fees for each fall and spring semester have a payment deadline of noon, ten calendar days prior to the start of the semester, with the exception of the intersession and summer terms, when payment is required by the Friday before the first class starts. Payment can be made by having 100% of the tuition/fees balance covered by a combination of direct payment, payment plan, and/or financial aid. Awards accepted through the award letter will appear on the student's registration bill under My Finances on the MyDenSem Student Portal. Students who need assistance with calculating a combination of financial aid, payment plan and/or direct payment(s) may find the net price calculator on the school's website to be a helpful tool. Disbursements Per federal regulations, loans will be disbursed to student accounts no earlier than ten calendar days prior to the start of the semester. Institutional aid (scholarships, grants, discounts) will be disbursed to student accounts no earlier than the drop/add date (ten business days after the start of the semester). Refund checks

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