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D.O. Dates

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

D.O.’17
Summer billing scheduled:Fall billing scheduled:Spring billing scheduled:
Lender disbursement dateJune 1, 2016August 3, 2016January 3, 2017
Anticipated student refund dateJune 8, 2016August 9, 2016January 11, 2017
Tuition due dateJune 6, 2016August 8, 2016January 3, 2017
End of grace periodAugust 4, 2016October 6, 2016March 3, 2017
D.O.’18
Summer billing scheduled:Fall billing scheduled:Spring billing scheduled:
Lender disbursement dateN/AAugust 3, 2016January 3, 2017
Anticipated student refund dateN/AAugust 9, 2016January 11, 2017
Tuition due dateN/AAugust 8, 2016January 3, 2017
End of grace periodN/AOctober 6, 2016March 3, 2017
D.O.’19
Summer billing scheduled:Fall billing scheduled:Spring billing scheduled:
Lender disbursement dateN/AJuly 15, 2016January 3, 2017
Anticipated student refund dateN/AJuly 22, 2016January 11, 2017
Tuition due dateN/AJuly 20, 2016January 3, 2017
End of grace periodN/ASeptember 17, 2016March 3, 2017
D.O.’20
Summer billing scheduled:Fall billing scheduled:Spring billing scheduled:
Lender disbursement dateN/AAugust 2, 2016January 3, 2017
Anticipated student refund dateN/AAugust 9, 2016January 11, 2017
Tuition due dateN/AAugust 5, 2016January 3, 2017
End of grace periodN/AOctober 6, 2016March 3, 2017

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.