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Financial Aid Overview

February 9th

Students who have been approved for financial aid, this is the last day to register for a Fall term class that you wish to receive financial aid for. Registrations after this date will require payment from the student. Last day to apply for Direct Loans for Spring term.

February 10th

Financial Aid Disbursement for Spring term- This is the date that funds from approved Direct Loans, Pell, SEOG, State and Foundation scholarships are paid to student accounts. The Financial Aid & Business Office will validate student attendance and calculate refunds after tuition, fees and bookstore charges have been paid. The remaining credit balance will be refunded to students via check that will be mailed within 14 days of disbursement.

**Students with classes that begin later in the term will not receive funds until they start classes. 

February 21st

Financial aid refund checks available for pick-up at Key West campus Business Services office.

March 6th

Financial Aid deadline for Summer terms A and C-Last day to submit an error free FAFSA to avoid having to pay tuition and fees upfront. Transfer students must have all official transcripts submitted to Enrollment Services by this date as well. Transcript evaluation must be complete before ant financial aid will be authorized.

March 7th

VA Certification for Summer terms A, B and C begins 

March 7th

Tuition, Lab and Housing fees assessed for Summer terms A, B and C

March 24th-30th

Spring Break, college closed

April 2nd

Last day to withdraw from Spring term courses with a grade or ‘W’

April 2nd

Tuition, Lab and Housing fees due for Summer terms A and C

April  7th

0% down on Nelnet payment plan for Summer terms A, B and C

April 7th

25% down on Nelnet payment plan for Summer terms A, B and C

April 15th

Summer terms A, B and C term book vouchers issued- Students will be required to use their book vouchers before May 17.

May 5th

Last day of Spring term classes.

May 6th

50% down on Nelnet payment plan for Summer A, B and C

May 8th

SAP Evaluation completed for Spring term- Financial Aid Suspension, Probation, and Maximum Time-frame notices will be emailed to students that failed to meet Financial Aid measures of satisfactory academic progress. Financial aid awards will be removed for students enrolled in Summer 2014 courses that have been determined to be on suspension or have reached maximum time-frame.

May 12th

Summer term A and C classes begin

May 19th

Last day to add/drop classes for Summer terms A and C

May 23rd

Book vouchers for Summer terms A, B and C Spring term expire. Any funds not used at the online bookstore will be returned to the student account and refunded to the student after aid is disbursed.

May 26th

Memorial Day, college closed.

June 9th

Last day to withdraw from Summer term A classes with a grade of ‘W’

June 11th

Students who have been approved for financial aid, this is the last day to register for a Fall 2014 term class that you wish to receive financial aid for. Registrations after this date will require payment from the student. Last day to apply for Direct Loans for Summer term.

June 12th

Financial Aid Disbursement for Summer term- This is the date that funds from approved Direct Loans, Pell, SEOG, State and Foundation scholarships are paid to student accounts. The Financial Aid & Business Office will validate student attendance and calculate refunds after tuition, fees and bookstore charges have been paid. The remaining credit balance will be refunded to students via check that will be mailed within 14 days of disbursement.

**Students with classes that begin later in the term will not receive funds until they start classes. 

June 22nd

Classes in Summer term A end

June 23rd

Financial aid refund checks available for pick-up at Key West campus Business Services office. Students with classes that begin later in the term will not receive funds until they start classes. 

June 23rd

Classes for Summer term B begin

June 30th

Last day to add/drop class for Summer term B

July 4th

Independence Day, college closed.

July 8th

Last day to withdraw in Summer term C with a grade of ‘W’

July 21st

Last day to withdraw in Summer term B with a grade of ‘W’

August 3rd

Classes in Summer terms B and C end