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D.O. Dates

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

D.O.’15
  First billing scheduled: Second billing scheduled:
Lender disbursement date July 2, 2014 December 8, 2014
Anticipated student refund date July 9, 2014 December 12, 2014
Tuition due date July 7, 2014 December 8, 2014
End of grace period September 4, 2014 February 5, 2015
D.O.’16
  First billing scheduled: Second billing scheduled:
Lender disbursement date July 30, 2014 January 5, 2015
Anticipated student refund date August 6, 2014 January 14, 2015
Tuition due date August 4, 2014 January 5, 2015
End of grace period October 2, 2014 March 5, 2015
D.O.’17
  First billing scheduled: Second billing scheduled:
Lender disbursement date July 18, 2014 January 5, 2015
Anticipated student refund date July 25, 2014 January 14, 2015
Tuition due date July 23, 2014 January 5, 2015
End of grace period September 20, 2014 March 5, 2015
D.O.’18
  First billing scheduled: Second billing scheduled:
Lender disbursement date August 5, 2014 January 5, 2015
Anticipated student refund date August 12, 2014 January 14, 2015
Tuition due date August 8, 2014 January 5, 2015
End of grace period October 6, 2014 March 5, 2015

Graduating students

Graduation year tax credit
To change lender disbursement dates above to this date, students must contact Financial Aid by November 10, 2014
Lender disbursement date January 2, 2015
Anticipated student refund date January 7, 2015
Tuition due date December 8, 2014
End of grace period February 5, 2015

Graduating students may request to have the Second Half Billing loan disbursements arrive on January 2, 2015 rather than the scheduled lender disbursement dates, 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. DMU generates the 1098T form based on tuition due dates, so even though you request your second billing loan disbursements to arrive in 2015; your last 1098T will be for 2014. 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.