College of Medicine / Students / Financial Aid / Important Dates

2017-2018 Important Dates

M1 - First Year Medical Students

July 31, 2017 First day of Orientation
August 1, 2017 First Payment Period Financial Aid Disbursement*
August 7, 2017 First day of class
August 11, 2017 Last day to drop without being fee liable
August 14, 2017 Fall Tuition and Fees are due
September 1, 2017 Last day to withdraw and receive a 25% refund
October 24, 2017 60% of 1st Payment Period Completed after this date**
December 16, 2017 - January 7 2018 Winter Break
January 8, 2018 First day of classes after Winter Break
January 9, 2018 Second Payment Period Financial Aid Disbursement*
January 15, 2018 Spring Tuition and Fees are due
March 10 - 18, 2018 Spring Break
March 23, 2018 Last day to apply for or increase 2017-18 loan amounts
March 31, 2018 60% of 2nd Payment Period completed after this date**
May 18, 2018 Last day of the Academic Year


* Financial Aid is disbursed on Wednesdays of each week
** See Return to Title IV Information below

 

M2 - Second Year Medical Students

July 28, 2017 Orientation Day
July 31, 2017 First day of class
August 1, 2017 First Payment Period Financial Aid Disbursement*
August 4, 2017 Last day to drop without being fee liable
August 7, 2017 Fall Tuition and Fees are due
August 25, 2017 Last day to withdraw and receive a 25% refund
October 21, 2017 60% of 1st Payment Period Completed after this date**
December 16, 2017 - January 7 2018 Winter Break
January 8, 2018 First day of classes after Winter Break
January 9, 2018 Second Payment Period Financial Aid Disbursement*
January 15, 2018 Spring Tuition and Fees are due
March 6, 2018 60% of 2nd Payment Period completed after this date **
March 23, 2018 Last day to apply for or increase 2017-18 loan amounts
April 13, 2018 Last day of the Academic Year


* Financial Aid is disbursed on Wednesdays of each week

** See Return to Title IV Information below

 

M3 - Third Year Medical Students

May 1, 2017 First day of MED3 Year (Transition Week)
May 2, 2017 First Payment Period Financial Aid Disbursement*
May 5, 2017 Last day to drop without being fee liable
May 8, 2017 Fall Tuition and Fees are due
May 8, 2017 First LIC begins
May 26, 2017 Last day to withdraw and receive a 25% refund
July 15, 2017 – July 30, 2017 Summer Break
July 31, 2017 First day of classes after Summer Break
August 24, 2017 60% of 1st Payment Period Completed after this date**
October 30, 2017 Second LIC Begins
October 31, 2017 Second Payment Period Financial Aid Disbursement*
November 6, 2017 Spring Tuition and Fees are due
December 23, 2017 – January 7, 2018 Winter Break
January 8, 2018 First day of classes after Winter Break
February 21, 2018 60% of 2nd Payment Period completed after this date**
March 23, 2018 Last day to apply for or increase 2016-17 loan amounts
April 27, 2018 Last day of the Academic Year


* Financial Aid is disbursed on Wednesdays of each week

** See Return to Title IV Information below

 

M4 - Fourth Year Medical Students

May 1, 2017 First day of MED4 Year (Transition Week)
May 2, 2017 First Payment Period Financial Aid Disbursement*
May 5, 2017 Last day to drop without being fee liable
May 8, 2017 Fall Tuition and Fees are due
May 8, 2017 Clerkship Block 1 begins
May 26, 2017 Last day to withdraw and receive a 25% refund
August 13, 2017 60% of 1st Payment Period Completed after this date**
October 23, 2017 Clerkship Block 7 begins
October 24, 2017 Second Payment Period Financial Aid Disbursement*
October 30, 2017 Spring Tuition and Fees are due
December 16, 2017 - December 31, 2017 Winter Break
January 1, 2018 First day of classes after Winter Break
February 14, 2018 60% of 2nd Payment Period completed after this date**
March 12 – 23, 2018 Transition to Residency Course & Match Day
March 23, 2018 Last day to apply for or increase 2016-17 loan amounts
March 26, 2018 Clerkship Block 12 begins
April 20, 2018 Last day of the Academic Year


* Financial Aid is disbursed on Wednesdays of each week

** See Return to Title IV Information below

 

**Return to Title IV (R2T4)

Students who do not complete at least 60% of each payment period (half of the academic year), must have a process called “Return to Title IV Funds” run to determine how much of their Title IV Federal financial aid (Unsubsidized and/or Graduate PLUS Loans) has been earned. The percentage aid that was not earned must be returned to the Title IV Federal Aid Program (s) and the student is responsible for the returned amount.

Example #1

  • MED1 Student
  • Tuition and Fee Charges for 1st half of the year are $15,972.72
  • First day of Class (after Orientation) is August 7, 2017
  • Student withdraws or otherwise stops attending on September 30, 2017 (attended through September 29, 2017)
  • Student completed 54 days, or 41.221% of the payment period
  • Student received $21, 133 in Federal Unsubsidized Direct Loan funds (half of the annual maximum of $42,722, less origination fees)

The student did not earn $58.779% of his/her Federal student funds, or $12,421.77. Unearned Institution charges are 58.779% of $15,972.72, or $9,388.65. The lesser of these two numbers, $9,388.65, must be returned to the Federal student aid programs by the school and the student will be billed for the returned amount.

Example #2

  • MED2 Student
  • Tuition and Fee Charges for 1st half of the year are $15,930.68
  • First day of Class (after Orientation) is July 31, 2017
  • Student stops attending (withdraws or otherwise stops attending) on October 20, 2017 (attended through October 19, 2017)
  • Student completed 81 days, or 58.696% of the payment period
  • Student received $20,034 in Federal Unsubsidized Direct Loan funds (half of the annual maximum of $40,500, less origination fees)

This student did not earn $41.304% of his/her Federal student loan funds, or $8,274.84. Unearned Institutional charges are 41.304% of $15,930.68, or $6,580. The lesser of these two numbers, $6,580, must be returned to the Federal student aid programs by the school and the student will be billed for the returned amount.

Example #3

  • MED3 Student
  • Tuition and Fee Charges for 1st half of the year are $15,962.72
  • First day of Class is May 1, 2017
  • Student stops attending (withdraws or otherwise stops attending) on August 25, 2017 (attended through August 24, 2017)
  • Student completed 100 of 166 days, or 60.241% of the payment period
  • Student received $23,332 in Federal Unsubsidized Direct Loan funds (half of the annual maximum of $47,167, less origination fees)

This student completed 60% or more of the payment period and is considered to have earned all of his/her funding for the payment period (half year). Return of funds not required.



Last Modified 8/3/17