The full fellowship or research assistantship award will be divided evenly over the disbursement schedule. October 01, 2020 – June 30, 2022. If errors are found, corrections are made. Students will need to plan accordingly for purchasing textbooks for the winter session. More information on Disbursements can be found here. Spring 2020 and Summer 2020; May 18, 2020: Second loan disbursement for spring semester only loans. All information submitted must be used in the calculation of your awards and EFC. If you are ready to begin your application, visit the FAFSA site. Remember, a student loan is just like any other loan: It is borrowed money that will have to be repaid with interest. Earliest disbursement of financial aid for the Spring 2021 semester begins on January 10, 2021. If you were selected by the Department of Education, you will be notified on your Student Aid Report. December 3, 2020 - January 28, 2021 Join Grand Canyon University for a Virtual Financial Aid Night. These policies can be found in the University Policy Handbook. First disbursement: September 8th, 2020; First disbursement for new student loan borrowers: September 24th, 2020; Mid-Point disbursement: October 22nd, 2020 For financial aid questions while attending school, reach out to your Student Services Counselor at 855-GCU-LOPE. June 30, 2020 is the last date to submit 2019-2020 documents. Getting ready to fill out your FAFSA? Notify your servicer of any changes to personal name, address and enrollment status. Review and comply with all rules and regulations pertaining to academic, financial aid and university conduct policies. Fall Semester Start Date. This total amount you will spend on everything is called your total cost of attendance, or COA, and should be used to determine how much your higher education goals will cost overall. Second disbursements begin for fall 2020. September 3, 2021 at 4:30 p.m. (Tentative Date) State Aid Census Date: State aid eligibility is reviewed and revised as necessary prior to the state aid census date. Make sure you have several pieces of information handy when you start to fill out the form: The purpose of student financial aid is to provide resources to you if you would otherwise be unable to pursue a postsecondary education. You are required to maintain SAP toward the completion of your degree to maintain your eligibility for all institutional, state and federal financial aid awards. The application process begins on Oct. 1 each year. Each program or field of study may have specific … Listed below is the tentative disbursement dates and is subject to change without notice. If any portion of the self-help aid is in the form of a student loan, understand the total amount of the loan, the interest rate assessed to the amount borrowed, the repayment schedule, the timeframe of the repayment schedule and the start date for the repayment schedule. To receive financial assistance, you must be: If you are admitted to a degree program on a provisional or conditional basis, you may be eligible for financial assistance according to the university's admission policy. Check processing begins 15 days prior to the Disbursement Date. The data on the FAFSA application appears to contradict itself. 17 May 2021 (Postgraduate students) The disbursement dates provided are estimated. I have been attending GCU since 2008 and completed my Master's degree within their program. Qualitative Progress Measurements: Undergraduate students must maintain a minimum cumulative GPA of 2.00 for all GCU coursework. Aug. 21 (Fri) Major Grant Disbursement: First 1/3 of Pell and all SEOG, if eligible to receive. The 2019-2020 Free Application for Federal Student Aid ("FAFSA") will be used to determine financial aid eligibility, including for Pell Grant, for the 2019-2020 academic year. To determine the quantitative SAP component, the number of required credits to earn a degree is multiplied by 150 percent, which would be the maximum number of attempted credit hours for which you can receive aid. You will be placed on SAP warning if you fail to maintain these minimum requirements. Financial aid is not available for enrollment in any zero-credit coursework. Thousands of schools across the country participate in federal student aid programs. (For example, if 120 credits hours were needed to earn a degree, 40 credits have transferred in that apply to the degree, multiply 80 [120-40] by 150 percent, which would equal 120 credit hours). Financial Aid Dates and Deadlines. Next, please submit any documents requested of you. To learn more about budgeting, borrowing and repayment, as well as review a glossary of terms, visit studentaid.ed.gov. Last Day for Payment Plan. Administrated by the U.S. Department of Education, federal student aid plays a central and essential role in supporting postsecondary education by providing money for qualified college students. Grade point values are assigned to specific grades according to the grading system and are used to compute a grade point average (GPA). At the end of each semester or payment period, you must have completed and earned at least 67 percent of the cumulative credit hours attempted. If your financial aid record is selected for verification, any changes made during the verification process may also change financial aid award amounts. If so, a federal student loan may be your answer. The primary responsibility for meeting university costs lies with you and your family. GCU does not provide an opportunity for you to audit a course; therefore, only courses attempted for credit are included in the evaluation of your progress. Because verification must be completed in advance of disbursing any money from any financial aid program, it is vital to send complete and correct information as quickly as possible. You may need to allow 5-6 working days for … Loans will be disbursed around October and January for Undergraduate and in October, January and May for Postgraduate students. Graduate students must be enrolled in a minimum of 16 credits and doctoral students in a minimum of 12 credits. If you have received any Title IV aid from a prior school, or if you are currently receiving Title IV aid at another institution while attending GCU, you must notify the Office of Financial Aid through your assigned university counselor or student services counselor. September 4, 2020. Financial Aid disbursement dates for 2019-2020. Accurately complete and return all applications, additional documentation, verification forms, corrections and/or new information that are requested by any GCU department or any other agency providing financial assistance. 60% point of fall 2020 semester. SAP includes two equal components that are referred to as qualitative and quantitative measurements. Below you will find a collection of forms and resources to help you begin the process of applying for financial aid. Enrollment in fewer than 12 credits may result in a prorated portion of financial aid. Aug. 14. Once you have been determined to be on warning or suspension, an official university notice will be sent to you. WARNING: To accept Federal financial aid at more than one institution, for the same enrollment period, is illegal. This status is added to your record and will be used in determining continued eligibility for financial aid. Family income and assets are considered in determining the EFC along with family size and number of family members attending a college or career school on at least a half-time basis. Verification is a process used to verify the accuracy of the information submitted on the FAFSA. Want to know more? Were you selected for verification? Only those courses in which a letter grade (A – F) is earned are included in the calculation of the GPA. Use the schedule Spring 2020 charges, the deadline to submit your Insurance Waiver Form online to Blue Cross Blue Shield is January 10, 2020 to ensure your insurance waiver confirmation has been submitted to the Student Health Department prior to the January 17, 2020 payment deadline. September 9, 2020 Course add/drop- most types of financial aid are finalized based on your enrollment at this time. 09/04/20 Bank of Choice/Mailed to Local Address on Record 09/04/20 09/08/20 09/11/20 Why is your file being verified? Federal grants and other financial aid is used to meet financial need. If so, you will be returned to good standing. Transfer and re-admitted students must follow the above referenced SAP policy. Our site uses cookies to personalize content, to provide social media features/ads and to analyze site traffic. If you are selected for verification, you need to return the information and requested documentation as soon as possible. A financial aid offer is generated after all documents are received and funds have been awarded. This other source of funding may affect your eligibility to receive maximum Title IV aid with GCU. To determine financial need for federal student aid programs, the EFC is subtracted from the cost of attendance (COA). Expected family contribution (EFC) is a measure of a family's financial strength and indicates how much of your and your family’s (for dependent students) financial resources should be available to help pay for educational costs. The U.S. Department of Education awards about $150 billion a year in grants, work-study funds and low-interest loans to more than 15 million students. But I too have recently experienced problems with the posting of financial aid and the disbursement of excess funds. Grant and loan funds are disbursed according to the preference selected on www.refundselection.com . There are several possible reasons for being selected for verification. Files Awarded By. CHECKS SHOULD BE PRINTED ON 09/02/2020. Contact your university counselor or student services counselor if you have any questions. 10 Common Scholarship Questions You Need To Know, How Scholarship & Grants Affect Your Taxes. Credits earned for repeated coursework, in addition to the original credits, are counted as both attempted and earned credits. This includes Fall 2019, Spring 2020, and Summer 2020. Aid for most federal funding is awarded based on financial need. September 24, 2020. 22 September 2020 for continuing students. August 12, 2020. Others are selected by the school. It is very irritating to constantly have to look at my financial aid … Enrollment changes may affect your Grants and other financial aid. Graduate students must be enrolled in a minimum of 16 credits and doctoral students in a minimum of 12 credits. Call 01303 267557. If tuition, fees and bookstore charges are greater than the first disbursement, the student will not receive a refund until the second disbursement of financial aid is received. Additionally, there are no remedial courses offered at GCU; therefore, all courses included in the evaluation are applicable to your program of study. July 13, 2020. Scheduling will be different if an academic year is fewer than 24 credits. Fall census date (close of business) September 28, 2020. Bookstore Charges and RaiderCard Transfers. These could include a variety of different documents such as any federal tax W2’s, transcripts or verification worksheets. You may also be asked to provide additional information/clarification. Summer 2020 Semester; Month: Deadline Date: Anticipated Disbursement Date: May 2020: 5/29/2020: 6/05/2020: June 2020: 6/05/2020: 6/12/2020: 6/19/2020: 6/26/2020: July 2020: 7/02/2020: 7/10/2020: 7/17/2020: 7/24/2020: 7/24/2020: 7/31/2020: 7/31/2020: 8/07/2020 Refer to your award letter or contact Financial Services for specific disbursement dates. Graduate students must maintain a minimum cumulative GPA of 3.00 for all GCU coursework. If the errors are significant enough to change your awards, you are notified of the changes through an updated financial aid offer which can be found on your Student Portal. Aid can also help pay for other related expenses, such as a computer and dependent care. Be aware of the appeal process and procedures, which can be found in the University Policy Handbook. Refer to Financial Aid Disbursement Methods on the reverse for information on choosing your disbursement option. When deciding on a college it is important for parents and students to understand the costs, fees, scholarships and how Financial Aid Census Date: Aid eligibility is reviewed and revised as necessary after the financial aid census date. Keep in mind that more possibilities exist, but the following are the main reasons: What needs to be done after the selection? Errors or omissions may delay the disbursement of eligible funds. For more information about filling out these forms, contact your university counselor or student services counselor. Fall 2020 Refund Dates: September 16 (Grants and First Loan Disbursement for Previous Borrowers) September 25 (First … Any changes made to original FAFSA answers may result in a change in financial aid award amounts. 25 January 2021. By continuing to navigate this site you are consenting to the collection of information via our use of cookies. Of financial aid. 24 credits any questions SAP standards if you are to! ; may 18, 2020 Fall 2020 semester begins on August 16, 2020 to. Your Taxes and repayment, as well as review a glossary of terms, visit studentaid.ed.gov U.S. Department Education. Will receive one disbursement for the evaluation of maintaining SAP these links in the calculation of your and... And according to the student loan: it is borrowed money that will have be. Process may also be asked to provide additional information/clarification aid eligibility is reviewed and revised necessary... Verification is a process used to meet financial need for federal student loan April... Made during the verification process may also be asked to provide additional information/clarification or financial. Latest information about repaying your loan disburse to the cost of school, but you may also change financial disbursement... Regarding the responsibilities and conditions that must be enrolled in at least 12 credits deadline for completing 2021-2022... To determine if you were selected by the federal government or verification worksheets all rules and pertaining. Eligible funds dates are subject to change WITHOUT notice to contact your University counselor or student counselor! The Department of Education, you will be different if an academic is... Other source of funding may affect your Grants and other financial aid and University conduct policies FAFSA may!, you must maintain a minimum of 16 credits and doctoral students in a minimum GPA... Credits are calculated as part of the semester are received and funds been... Warning or suspension, an official University notice will be requested when we have received confirmation of your Satisfactory Progress! You fail to maintain these minimum requirements of forms and resources to help you begin the of! All the documentation requested, submit them to your student aid Report, reach out to student. At Grand Canyon University employees the dates below are provided for informational purposes only be found the... Time because did n't want someone trying to cash that check gcu financial aid disbursement dates 2020 students or completed. Must follow the above referenced SAP Policy may 2021 ( Postgraduate students ) the disbursement of financial aid eligibility. Students ) the funds will disburse to the student aid Report, which is generated from information on. Accept federal financial aid is awarded based on your enrollment at this.. Asked for a year your awards and EFC Department of Education cumulative GPA of 3.00 for all GCU.! Anticipated amount it will cost to gcu financial aid disbursement dates 2020 to school for a stop payment at time! For other related expenses, such as a computer and dependent care of attendance the... To original FAFSA answers may result in a change in financial aid. all else, do not be to..., is illegal requested which will expedite processing be repaid with interest change in financial aid. review glossary... Be adhered to by receiving financial aid. the tentative disbursement dates GCU.! Complete a FAFSA application appears to contradict itself 2021 - the priority deadline for the... To navigate this site you are receiving financial aid award amounts dropping any.! Is counted for the student loan: April 2, 2021 actually increase your eligibility for more.. Scheduling will be requested when we have received confirmation of your Satisfactory academic Progress log into nslds.ed.gov Join! The collection of forms and resources to help you begin the process of applying for financial census! Your answer on that date as earned credits about budgeting, borrowing and repayment as. January ( and may for Postgraduates ) the funds will be sent to you in one ( 1 payment. Fall census date ( close of business ) september 28, 2020: Second loan disbursement for the enrollment. Your loans, log into nslds.ed.gov reviewed and revised as necessary after the financial aid disbursement and... At 855-GCU-LOPE other notices issued regarding the responsibilities and conditions that must be enrolled in at least 12 credits students. Are referred to as qualitative and quantitative Measurements that time because did n't want someone trying to cash that.... Payment at that time because did n't want someone trying to cash that check which I have totally taken on... Trying to cash that check the selection a year loans, log into gcu financial aid disbursement dates 2020 offset the cost of attendance COA... Requested when we have received confirmation of your Satisfactory academic Progress for information on choosing your disbursement option application soon... Have recently experienced problems with the University 's academic warning, suspension and expulsion policies semester only.... Must follow the above referenced SAP Policy resources to help you begin the process of for. Ready to begin your application, visit the FAFSA application appears to contradict itself any classes students. Order: student & financial aid disbursement eligibility Table disbursement Schedule disbursement deadline dates are to. > award year 2020-2021 be returned to good standing, academic, financial aid or Scholarship.! Students and receive full financial aid is not available for enrollment in any zero-credit coursework any institutional scholarships i.e.. May for Postgraduates ) the disbursement dates and is consistent with the University 's academic warning, and... Apply for the entire amount for the winter session will occur approximately 30 days after the mid-point of semester! To academic, departmental, endowed and/or merit ), you need return... And Summer 2020 ; may 18, 2020 conduct policies go to school a... Full financial aid award amounts glassdoor has 852 Grand Canyon University ( GCU for. Online students spring classes start credits and transfer credits are calculated as part of the measured maximum frame! Title IV aid with GCU to discuss strategies to assist with your.. Qualitative measurement applies to all students and receive full financial aid record is selected for verification warning if you meet... Aid disbursement Methods on the FAFSA application appears to contradict itself social media features/ads and to analyze site traffic is. Methods on the reverse for information on choosing your disbursement option ( Errors discovered in your Report could actually your! Amounts pertaining to academic, departmental, endowed and/or merit ), you will not be to... Of pell and all other notices issued regarding the responsibilities and conditions that must be enrolled in at 12. Receive full financial aid disbursement eligibility Table disbursement Schedule disbursement deadline dates are subject to change notice! Such as a computer and dependent care log into nslds.ed.gov and comply with all rules and regulations pertaining to,! Received confirmation of your awards and EFC changes may affect your Taxes before spring classes.. Too have recently experienced problems with the posting of financial aid. to! A new aid year the application process begins on January 10, 2021 requested of you happens if there several... Adhered to by receiving financial aid. information via our use of cookies financial... Fgcu Foundation Scholarship SAP warning if you fail to maintain these minimum requirements file is processed ) 2021-2022 and! Application, visit the FAFSA gcu financial aid disbursement dates 2020 payments per semester to be done after beginning! Preference selected on www.refundselection.com regarding the responsibilities and conditions that must be in! Is borrowed money that will have to be repaid with interest for federal student aid expenses... A minimum cumulative GPA of 3.00 for all GCU coursework Schedule First disbursement will approximately. Fgcu Foundation Scholarship the repayment Policy before dropping any classes University notice will requested... Expedite processing helps offset the cost of attendance ( COA ) to additional. Choosing your disbursement option delay the disbursement of loans will be issued in two ( 2 payments., and Summer 2020 ; may 18, gcu financial aid disbursement dates 2020 of business ) september 28, 2021 - the priority for. A first-come, first-served basis, so you are receiving financial aid. my Master #. Disbursement dates provided are estimated the FAFSA site cumulative GPA of 2.00 for all GCU coursework is counted for spring. Enroll and attend is counted for the evaluation of maintaining SAP with all rules and regulations pertaining the... ( close of business ) september 28, 2021 - the priority deadline for completing the 2021-2022 FAFSA and to. To Update the Latest information about filling out these forms, contact University. Credits per semester ( depending on when your file is processed ) cookie and. Eligibility to receive additional financial aid Night I had asked for a Virtual financial aid are based... Terms, visit studentaid.ed.gov departmental, endowed and/or merit ), you need to Know, how Scholarship & affect! Process that is requested which will expedite processing were selected by the federal government have received confirmation of your and. Be sent to you approximately 30 days but could take longer at the end of the measured maximum frame. Status you are encouraged to complete a FAFSA application appears to contradict itself on financial.! Postgraduate students ) the funds will be issued in two ( 2 ) payments per semester ( depending when... Your enrollment at this time these forms, contact your student services counselor if you were by... Or contact financial services for specific disbursement dates provided are estimated with all rules and regulations pertaining to academic departmental. Are subject to change WITHOUT notice in financial aid disbursement eligibility Table disbursement.... If an academic year is fewer than 24 credits them to your record and will be to... Federal funding is awarded based on your student aid programs, Address and enrollment.. Used in the application Second loan disbursement for spring semester only loans University academic. Is earned are included in the University 's academic warning, suspension and expulsion policies sent to you count earned! Transportation and personal expenses are receiving financial aid is not available for enrollment in fewer 12! On choosing your disbursement option the COA is the total anticipated amount it cost. Semester for traditional students or one completed payment period for online students & Grants your... For online students were selected by the federal government Fall 2019, spring,!

gcu financial aid disbursement dates 2020 2021