University of Florida College of Dentistry DMD Admissions: Financial Aid - Timeline 

Financial Aid Award Notice

Once your financial aid file is complete (all documents received by financial affairs), awards can be made based on cost of attendance and student need. Financial affairs develops individual financial aid packages. Individual packages may contain various federal, state or college awards. After awards are made, an award notice is mailed to the applicant. The financial affairs office begins posting award notices during the summer. Award notices not only let the applicant know how much financial aid they will be eligible for, but also the steps involved with obtaining the awarded funds. It is imperative that you read and understand everything contained within the award notice.

Among the items included will be a three step checklist to complete before you receive your federal Direct Loan funds. All new borrowers MUST complete each item in order to receive the Stafford Loans. An insert within the award letter will list web sites for completing the three steps (Promissory Note, Direct Loan Entrance Counseling, and Direct Loan Confirmation). After completion of the three steps, funds are ready to be disbursed.

Keys to remember with the award notice:

1. Read all information contained within the award letter
2. Complete all steps to ensure that financial aid is not delayed

Disbursement of Funds

After receiving the award letter and completing each of the steps outlined within the letter, financial aid funds should be ready for disbursement. Disbursement is made at the beginning of each term that an award is present. For example: fall awards are released at the beginning of the fall semester (early September), spring awards are released at the beginning of the spring semester (early January). Tuition deferments are granted to all students that have applied for financial aid.
Therefore, tuition is not due until financial aid is released. Once released, tuition and anything else currently owed to the school will be deducted from the financial aid check and the remainder will be released.

Students are strongly encouraged to sign up for Direct Deposit to have their financial aid checks sent directly to their checking accounts. If not enrolled for Direct Deposit, the financial aid check will be mailed to the student’s local mailing address on file with the University of Florida.

WE STRONGLY ADVISE YOU TO SIGN UP FOR DIRECT DEPOSIT OF YOUR FINANCIAL AID FUNDS. Students move often and local addresses change frequently. To receive your financial aid with no delays, use direct deposit.

Keys to disbursement:

1. Disbursements are made at the beginning of each academic term
2. If you have not received an award notice, you will not receive funds
3. Sign up for Direct Deposit. It is the only guarantee that your check will not be lost in the mail

If you have any questions about financial aid, please contact Mr. Tom Kolb at the Dental Student Financial Aid Office at 352.846.1384 or e-mail tom_kolb@sfa.ufl.edu