Financial Aid Deadlines and Time Frames
Refunds
Once a refund has been issued, the following time frames should be allowed for a student to receive a refund. Students will be notified by Higher One, using the notification method the student selected, when the funds are available.
- Broncho Spirit Card - funds should be available on the card within 48 hours of the school issuing the refund.
- Direct Deposit - funds should be deposited in a student's bank account within 3 days of the school issuing the refund.
FAFSA Processing through the Federal Processor
- The status of electronic applications may be checked on-line at the FAFSA website, www.fafsa.ed.gov, 72 hours after submitting a completed application.
- UCO should be able to receive results of the FAFSA within 2 weeks of the Federal Processor date through a weekly download process. Records processed through Thursday are downloaded and loaded into the system generally by the following Wednesday. The best time for students to check on a new load of records is on Wednesday.
UCO Processing of Complete Files
The end result of processing should be an award notification, a request for more information or a letter why the student cannot be awarded, all of which will be sent to the student's UCO email address.
|
Type of Applicant Record |
Processing Time Frame |
|
Federal application (FAFSA), not selected for verification, file is complete |
2 weeks of receipt of FAFSA |
|
Federal application (FAFSA), selected for verification, |
2 weeks of receipt of last requested document |
|
Corrected FAFSA |
2 weeks from the date of the corrections |
Standard Time Frames
|
Fee Payment Deadline |
Friday before the start of classes |
|
Charging at Bookstore |
2 weeks prior to the start of classes thru the last day of the 100% refund period |
|
Release of federal funds for term (refunds) |
Beginning the 1st week of classes, twice weekly during the term |
|
Last day to submit Award Adjustment Requests and Consortium Agreement Forms |
Friday, 3 weeks prior to the end of the term |
|
Deadline for completion for file for term aid |
Friday, 3 weeks prior to the end of the term |
|
Financial Aid Appeal Deadlines |
2nd Friday of each month. Semester Deadline: Published semester end date of each term |
|
Aid Year Priority Processing Deadline for Fall |
May 31 with a complete file by June 30 |
|
Aid Year Priority Processing Deadline for Spring |
October 31 with a complete file by November 30 |
|
Aid Year Priority Processing Deadline for Summer |
April 1 with a complete file by April 30 |
|
Late Payment Penalty Waivers (Late Payment Penalty Waiver requests will be carefully considered for students meeting financial aid deadlines or if the late fee was the result of processing delays attributable to the institution). |
Friday, 3 weeks prior to the end of the term |



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