PA Disbursement Dates 2008-2009

(Pending EFT loan disbursements are received at DMU on the requested dates)

2009 PA
First Billing Scheduled: Second Billing Scheduled: *Graduation Year Tax Credit:
Lender Disbursement Date May 28, 2008 December 1, 2008 January 2, 2009
Anticipated Student Refund Date June 4, 2008 December 5, 2008 January 9, 2009
Tuition Due Date June 2, 2008 December 1, 2008 December 1, 2008
End of Grace Period July 31, 2008 January 29, 2009 January 29, 2009
2010 PA
First Billing Scheduled: Second Billing Scheduled:
Lender Disbursement Date May 28, 2008 December 1, 2008
Anticipated Student Refund Date June 4, 2008 December 5, 2008
Tuition Due Date June 2, 2008 December 1, 2008
End of Grace Period July 31, 2008 January 29, 2009

*PA 09 students may request to have the Second Half Billing loan disbursements arrive on January 2, 2009 rather than December 1, 2008, to take advantage of the federal Lifetime Learning Tax Credit in the year of graduation. Please contact the Financial Aid office to request the change in lender disbursement dates. Review the "Graduation Year Tax Credit" column above for the new dates. Information regarding the Lifetime Learning Tax Credit may be viewed in Publication 970 at www.irs.ustreas.gov/formspubs/index.html or please contact your tax advisor for additional details.