Financial Aid Time Line for 2010-11

Summer 2009	Explore  all financial aid opportunities.  A good place to start:  Undergraduates or Graduates
Fall 2009	Investigate all scholarship opportunities and file applications by deadlines.  Visit our Outside scholarship page.
January/ February 2010	File  the FAFSA. Students who file after FEBRUARY 1 will be considered for aid available.  Also, funds may not be available to students at the beginning of classes for late application completion. Students will receive a Student Aid Report (SAR) from the federal processor within 4 weeks after filing the FAFSA.  This will be delivered by mail or e-mail. RU Financial Aid Office Open House for 2010-2011. High school students should watch for Financial Aid Nights during December and January at their high school.
February 1, 2010 Priority filing date	2010-2011 Financial Aid Application Priority Deadline.
After March 2010	Students will receive emails at their RU email address from the RU Financial Aid Office requesting documents needed to complete their application New Students - Award emails begin to go out late March or early April. Returning Students - Award emails begin to go out June 15. Reminder letters begin to go out for all students in late February with requests for documents to complete financial aid applications.  Documents that are requested must be returned within 30 days or by April 1, 2010 whichever is later.  Students can use the Student Information System (MY RU) to check the status of their application and to see when documents sent have been received. Respond to all requested documents and accept awards on MY RU when you receive your award notification letter.  Follow all instructions.
May 2010	RU tuition, fee, room, and board charges are determined. Direct Loans will begin to be processed for students who have completed their application.  To understand the process, click here.  Students will receive a notice of loan guarantee from the Direct Loan processor when the loan has been accepted if the Promissory Note has been signed.  Borrowers will need to sign a Master Promissory Note if they have not already done so.  Review instructions in the e-mail.  Click on "Complete New MPN for Student Loans".
June 2010	Quest sessions (Orientation) will be held for new students. All students should compare the financial aid awarded to them to the university charges that they will owe and determine if they need to apply for Parent or Alternative Loans.  Cost information and calculators can be located on this site.  Click here for undergraduate costs and here for graduate costs.  Families may want to set up the Payment Plans for balances owed.  Students who will have excess financial aid should apply for a Bookstore Voucher if they want to receive their books beginning with the week before classes begin. Students who receive a work award on their award letter may begin to locate a work position by reviewing open positions on the web. New Direct Loan borrowers will need to do their Entrance Interview on the web.   New Perkins Loan borrowers will need to do an Entrance Interview (Click on "Complete on line Student Loan Counseling"; Click on "Perkins Entrance") on the web.
July  2010	Deadline for Payment of Fall Tuition and Fees Bills will be available on-line at MY RU in July.  Students will receive an e-mail reminding them of the billing requirements.  If a student's on-line student account shows that there is a balance due, the student must pay the difference or make arrangements to pay the difference - Payment plans, Parent Loans, Alternative Loans.  Students who have excess financial aid monies may want to complete a bookstore voucher.
August 30,  2010 Classes Begin	Payment of financial aid funds begin for finalized financial aid awards.  Students can check the disbursement of their funds by viewing their student account on the Student Information System (My RU). Student may also check the status of their financial aid application using the Student Information System. Students who have completed Direct Loan applications and have set up  direct deposit will have their excess funds (money remaining after university charges are paid) delivered to their bank accounts beginning the first week of classes.  Refunds of excess money on student's RU account will begin the second week of classes.  Students can view their student account to see when refunds have been sent.
September 6, 2010	Any students may apply for work positions on campus that are open, regardless of filing the FAFSA.  Positions are posted on this website.
Fall semester	Students should be aware of the financial aid process and maintaining eligibility for financial aid: Enrollment is verified at census date.  Financial aid  will be adjusted or cancelled (if the aid award requires full-time enrollment) for students enrolling part-time.   Know the requirements for each of your awards.  Graduates should click here. Class attendance is checked twice each semester.  Failure to attend class could result in a student's repayment of financial aid funds and jeopardize future financial aid eligibility.  Click here for additional information. Students who have to withdraw from a class should be aware of the Financial Aid Progress Policy. Students who withdraw from all classes should be aware of the Financial Aid Progress Policy and the financial aid regulations regarding withdrawal.
Nov. - Dec. 2010	Federal processor mails 2011- 2012 Renewal FAFSA information  to students.
Dec. 3, 2010 DEADLINE	Last day to finalize financial aid applications for Fall 2010 All documents and forms needed to complete financial aid applications and receive funds for Fall 2010 must be received by this date. Student must be enrolled at the time of application completion.
Dec. 2010	Bills will be available to students in November.  If a student's bill shows that there is a balance due, the student must pay the difference or make arrangements to pay the difference - Payment Plan, Parent Loans, Alternative Loans.
January 1, 2011	Reapply for financial aid for 2011-2012.  See calendar and home page for details.  Financial Aid Awareness Activities will occur in Late January.  Students should apply for Foundation Scholarships.  Information and application process will be available in February on the RU Financial Aid website.
January 2011	Payment of financial aid funds begin for finalized financial aid awards.  Students can check the disbursement of their funds by viewing their student account on the Student Information System (MY RU). Student may also check the status of their financial aid application using the Student Information System (MY RU). Students who have completed Federal Direct Stafford Loan applications and have set up  direct deposit will have their excess funds delivered to their bank accounts beginning the first week of classes.  Refunds of excess money on student's RU account will begin the second week of classes.  Students can view their student account to see when refunds have been sent.
Spring 2011	Students should be aware of the financial aid process and maintaining eligibility for financial aid: Enrollment is verified at census date.  Financial aid  will be adjusted or cancelled (if the aid award requires full-time enrollment) for students enrolling part-time.   Know the requirements for each of your awards.  Graduates should click here. Class attendance is checked twice each semester.  Failure to attend class could result in a student's repayment of financial aid funds and jeopardize future financial aid eligibility.  Click here for additional information. Students who have to withdraw from a class should be aware of the Financial Aid Progress Policy. Students who withdraw from all classes should be aware of the Financial Aid Progress Policy and the financial aid regulations regarding withdrawal.
February 1, 2011 Priority filing date	2011-2012 Financial Aid Application Priority Deadline.
April 22, 2011 DEADLINE	Last day to finalize financial aid applications for Spring 2011 All documents and forms needed to complete financial aid applications and receive funds for Spring 2011 must be received by this date.   Student must be enrolled at the time of application completion.