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Financial Aid Important Dates

Students can begin to file FAFSA on October 1. It is best to file your FAFSA as soon as possible. 

To be assured that you are able to meet the tuition payment deadline and receive credit balance (living expense) refund, SCU has also established the following priority financial aid processing deadlines. To meet these deadlines, we recommend for you to file your FAFSA and submit all required paperwork to the financial aid office before the start of each term. 

Summer 2024 - May 6, 2024 to August 18, 2024

  • Tuition & Fees Billing – May 1st
  • Direct Deposit Enrollment Deadline – April 26th
  • Start of the Term - May 6th
  • Payment Due Date – May 17th
  • Payment Plan Enrollment Deadline & Due Date - May 17th
  • Disbursement* (Posted to student account) of Financial Aid for Graduate students - May 13th/14th
  • Credit Balance (Living Expense) Refunds** for Graduate Students - May 17th
  • Disbursement (Posted to student account) of Financial Aid for Undergraduate students - May 20th/21st
  • Credit Balance (Living Expense) Refunds for Undergraduate students - May 24th

Summer 2024 (MSMS Hybrid) - May 28, 2024 to June 28, 2024

  • Tuition & Fees Billing – May 6th
  • Direct Deposit Enrollment Deadline – May 20th
  • Start of the Term - May 28th
  • Payment Due Date – May 31st
  • Payment Plan Enrollment Deadline & Due Date - May 31st
  • Disbursement* (Posted to student account) of Financial Aid for MSMS Graduate students - June 3rd/4th
  • Credit Balance (Living Expense) Refunds** for MSMS Graduate Students - June 7th

*Disbursement of financial aid is the process in which financial aid awards (scholarships, grants, loans, etc.) are applied to the charges on the students' accounts. Federal aid applies first to the charges on the student account, followed by institutional awards and/or any other type of aid or personal payments. As this process takes place, students may see changes to their anticipated aid, awards, and charges. You will not accrue late fees if your aid disburses on time and covers your entire bill. If your aid does not cover your bill, subtract your pending/anticipated aid from the amount you owe and pay the difference by the fee due date.

**Credit Balance Refunds are the extra funds that remain after your financial aid covers the charges owed to SCU. If eligible, these funds are directly deposited into your bank account if you have signed up for direct deposit. Otherwise, a check is generated and mailed to the permanent mailing address on file. These funds are intended to be used for educational purposes which include tuition, room and board, books and supplies, personal expenses and transportation costs.

It is possible for students who have received a refund to still owe a balance to the University. Changes in the student course load, charges added after a refund is generated, or a balance from a prior aid year or quarter that cannot be paid with current funds are all reasons a student may receive a refund but still have a balance and a hold on their account.