Pending EFT loan disbursements are received at DMU on the requested dates.
| MSA (Year 1) | ||
|---|---|---|
| First billing scheduled: | Second billing scheduled: | |
| Lender disbursement date | August 8, 2012 | January 14, 2013 |
| Anticipated student refund date | August 15, 2012 | January 18, 2013 |
| Tuition due date | August 13, 2012 | January 14, 2013 |
| End of grace period | October 11, 2012 | March 14, 2013 |
| MSA (Year 2) | ||
| First billing scheduled: | Second billing scheduled: | |
| Lender disbursement date | June 7, 2012 | December 3, 2012 |
| Anticipated student refund date | June 14, 2012 | December 7, 2012 |
| Tuition due date | June 4, 2012 | December 3, 2012 |
| End of grace period | August 2, 2012 | January 31, 2013 |
| MSA (Year 2 – DO 15 Duals) | ||
| First billing scheduled: | Second billing scheduled: | |
| Lender disbursement date | June 7, 2012 | January 7, 2013 |
| Anticipated student refund date | June 14, 2012 | January 11, 2013 |
| Tuition due date | June 4, 2012 | January 7, 2013 |
| End of grace period | August 2, 2012 | March 7, 2013 |
Graduating students
| Graduation year tax credit | |
|---|---|
| To change lender disbursement dates above to this date, students must contact Financial Aid by November 12, 2012 | |
| Lender disbursement date | January 2, 2013 |
| Anticipated student refund date | January 8, 2013 |
| Tuition due date | December 3, 2012 |
| End of grace period | January 31, 2013 |
Graduating students may request to have the Second Half Billing loan disbursements arrive on January 2, 2013 rather than their scheduled date, 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 half billing loan disbursement to arrive in 2013; your last 1098T will be for 2012. Information regarding the Lifetime Learning Tax Credit may be viewed in Publication 970 at www.irs.ustreas.gov/formspubs/ or please contact your tax advisor for additional details.