Sunday, June 24, 2012

Student Financial Affairs Announces Changes to Tuition and Fee Deferment for Academic Year 2012-2013


by Diane Hurtak

Diane Hurtak, University Bursar's Office
Generally, students receiving financial aid such as federal aid (accepted Perkins and Direct Loans and predicted Pell Grants), state aid (including Florida Bright Futures scholarships), institutional aid (Turner grant) and/or college awards, are not expected to pay their tuition and fees by the end of the second week of class as they are unable to control when these monies arrive on campus. 

In the past, students receiving any financial aid were able to have their fees deferred for 8-10 weeks.  Effective Fall 2012, the deferment period will be reduced to six weeks.  In addition, students who receive only private funded loans and scholarships will no longer be granted a tuition and fee deferment. The deferment period for veterans, graduate assistants and merit scholars will not be reduced.  Also note, students receiving only federal loans must accept them by 5:00pm, Thursday, August 30, 2012 or they will not qualify for a tuition and fee deferment.

Fall 2012 Tuition and Fee Payment Deadlines

Aug 31   Tuition and Fee Payment Deadline             

Oct 12   Deferred Tuition and Fee Payment Deadline for Students with Federal
            and/or State Funded Financial Aid        

Nov 16   Deferred Tuition and Fee Payment Deadline for Veterans,
            Graduate Students on Assistantships, and Merit Scholars

Prior to the end of the second week of classes, advisors might want to remind their students to confirm their tuition and fee deferment by logging into my.ufl.edu/Main Menu/My Campus Finances/Student Center.  Tell them to look for the yellow star under the Service Indicator heading with “Deferment” in the Indictor Name.  If students have questions about this issue, they can contact the University Bursar at (352) 392-0181.  

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