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Financial Aid Important Dates

Students can begin to file FAFSA new window  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 2023 - May 8, 2023 to August 20, 2023

  • Tuition & Fees Billing – April 24th
  • Direct Deposit Enrollment Deadline – May 3rd
  • Start of the Term - May 8th
  • Payment Due Date – May 19th
  • Payment Plan Enrollment Deadline & Due Date - May 19th
  • Disbursement* (Posted to student account) of Financial Aid for Graduate students - May 11th - 12th
  • Credit Balance (Living Expense) Refunds** for Graduate Students - May 19th
  • Disbursement (Posted to student account) of Financial Aid for Undergraduate students - May 23rd - 24th
  • Credit Balance (Living Expense) Refunds for Undergraduate students - May 26th

Summer 2023 (MSMS Hybrid) - May 30, 2023 to June 30, 2023

  • Tuition & Fees Billing – May 15th
  • Direct Deposit Enrollment Deadline – May 24th
  • Start of the Term - May 30th
  • Payment Due Date – June 2nd
  • Payment Plan Enrollment Deadline & Due Date - January 2nd
  • Disbursement* (Posted to student account) of Financial Aid for MSMS Graduate students - June 1st - 2nd
  • Credit Balance (Living Expense) Refunds** for MSMS Graduate Students - June 9th

*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.