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Financial aid and the first fall payment

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If your student has accepted their financial aid & completed their to-do’s, the earliest financial aid will apply to the fall bill is the Monday before the first day of class, on Aug. 21. Ìý

Avoid delaying aid

  • To-do’s:ÌýThe most common reason aid is delayed. Make sure your student does their outstanding to-dos in .
  • Accept aid:Ìý See how toÌýview, accept & decline aid.
  • Loans:ÌýStudents must complete loan entrance counseling and a if they are first-time borrowers. Parents will also need to complete these items if you’re borrowing a Parent PLUS loan for the first time.
  • Satisfactory Academic Progress (SAP) Policy:ÌýViolating SAP twice results in loss of financial aid eligibility. Students can check theirÌýstatus in Buff Portal.
  • Enrollment level:ÌýEnrolling less than full time (12+ credit hours) or half time (6 or fewer credit hours) can result in adjustments to financial aid.

Scholarships

  • Students must accept a scholarship in Buff Portal if they’re offered, and complete post-acceptance information if required.Ìý
  • If your student got a scholarship from outside of the university, they must make sure to send in the money.

Get access

  • Check financial aid status:ÌýYour student canÌý, which enables the university to talk to families about a student’s educational records. Families may be asked for a FERPA password once consent is complete. Only the Office of Financial Aid can discuss a student’s aid status.
  • View the bill:ÌýYour student can grant you access to view & pay the bill by adding you as anÌýauthorized payerÌýin Buff Portal.

Other funding options

  • Payment plans: break-up remaining costs each semester
  • Parent PLUS loan: can only be borrowed in a parent's name. You must each year you want the loan. Once submitted, it can take up to two weeks for the loan to process.

Timeline

  • Thursday, Aug. 10Ìý– Fall bill will be available online (some charges may appear sooner)
  • Monday, Aug. 21Ìý– Financial aid applies to the bill
  • Monday, Aug. 28Ìý– Deadline to send private scholarship checks to the Office of Financial Aid
  • Monday, Sept. 4Ìý– Deadline to sign up for 4-payment plan option
  • Tuesday, Sept. 5Ìý– Payment is due for fall
  • Wednesday, Sept. 13 – Last day to withdraw from the semester with 100% refund ($200 fee may apply)
  • Friday, Sept. 15Ìý– Last day to select or waive health insurance. Must be done each academic year by the deadline, or you’ll be automatically enrolled & billed for the CU Gold SHIP. SeeÌý.

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