Section Menu

D.O. Dates

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

D.O.’16
First billing scheduled:Second billing scheduled:
Lender disbursement dateJuly 1, 2015December 7, 2015
Anticipated student refund dateJuly 8, 2015December 11, 2015
Tuition due dateJuly 6, 2015December 7, 2015
End of grace periodSeptember 3, 2015February 4, 2016
D.O.’17
First billing scheduled:Second billing scheduled:
Lender disbursement dateJuly 29, 2015January 4, 2016
Anticipated student refund dateAugust 5, 2015January 13, 2016
Tuition due dateAugust 3, 2015January 4, 2016
End of grace periodOctober 1, 2015March 3, 2016
D.O.’18
First billing scheduled:Second billing scheduled:
Lender disbursement dateJuly 17, 2015January 4, 2016
Anticipated student refund dateJuly 24, 2015January 13, 2016
Tuition due dateJuly 22, 2015January 4, 2016
End of grace periodSeptember 19, 2015March 3, 2016
D.O.’19
First billing scheduled:Second billing scheduled:
Lender disbursement dateAugust 5, 2015January 4, 2016
Anticipated student refund dateAugust 12, 2015January 13, 2016
Tuition due dateAugust 7, 2015January 4, 2016
End of grace periodOctober 5, 2015March 3, 2016

Graduating students

Graduation year tax credit
To change lender disbursement dates above to this date, students must contact Financial Aid by November 9, 2015
Lender disbursement dateJanuary 4, 2016
Anticipated student refund dateJanuary 8, 2016
Tuition due dateDecember 7, 2015
End of grace periodFebruary 4, 2016

Graduating students may request to have the Second Half Billing loan disbursements arrive on January 4, 2016 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 2016; your last 1098T will be for 2015. 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.