Financial Aid Overview
May 3rd
Last day to set up a Nelnet payment plan for Summer term with 50% down.
May 3rd
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 2013 courses that have been determined to be on suspension or have reached maximum time-frame.
May 6th
Summer term A and C classes begin.
May 13th
Last day to add/drop classes for Summer terms A and C.
May 15th
Tuition, Housing and Lab fees for Summer term B due.
May 27th
Memorial Day, college closed.
June 3rd
Last day to withdraw from Summer term A classes with a grade of ‘W’.
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 Summer term.
June 5th
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 16th
Classes in Summer term A end
June 17th
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 17th
Classes for Summer term B begin
June 24th
Last day to add/drop class for Summer term B
July 2nd
Last day to withdraw in Summer term C with a grade of ‘W’
July 4th
Independence Day, college closed.
July 12th
Last day to withdraw in Summer term B with a grade of ‘W’
July 28th
Classes in Summer terms B and C end.
August 1st
SAP Evaluation completed for Summer 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 Fall 2013 courses that have been determined to be on suspension or have reached maximum time-frame.