Financial aid timeline

The financial aid timeline provides an overview of the financial aid process from when you first apply for financial aid in the fall to receiving your financial aid each term before classes start. These dates are generally the same each term. More specific financial aid dates can be found in the tables below.

DateItem description
*October

The Free Application for Federal Student Aid (FAFSA) for the upcoming academic year opens. 

We encourage you to prepare for the FAFSA and complete the FAFSA early when it becomes available. The University will review your information and start sending you notifications by the end of December.

*In August 2024, The Department of Education released a timeline for the 2025-2026 FAFSA. The 2025-2026 FAFSA will be released by December 1, 2024. The University will review your information and start sending you notifications by the end of February, including if we received your FAFSA.

Mid-OctoberExplore scholarships for the upcoming academic year and apply for the ones you are eligible for based on your student profile.
March

Estimated Financial Aid Notices begin going out to first-year and transfer undergraduate students. 

If you are admitted to the University and have completed the financial aid process, you will receive an Estimated Financial Aid Notice from One Stop Student Services to your University email account. The preliminary figures in the Estimated Financial aid Notice are based on the Estimated Cost of Attendance (COA).

Returning students will not receive an Estimated Financial Aid Notice.  

Mid to Late July

One Stop Student Services sends financial aid offers.

You will receive an email from One Stop Student Services with instructions on how to review your financial aid offer for the upcoming academic year. The email will be sent to your University email account. 

Please review your offer. If your offer includes loans or work study, you can accept, decline, or reduce the amount you’ve been offered. You need to complete required loan documentation before you receive any loans that are accepted with your financial aid offer.

Early to Mid AugustExplore additional funding for the upcoming fall semester if necessary. The private loan process can take up to six weeks to be finalized. To ensure on time payment of your student account, private loan applications should be completed by the end of August.
Approximately one week before class starts (fall and spring semesters)

During the week before classes start, your financial aid will be applied to your University student account. If you have excess funds after your tuition, fees, housing, and other authorized charges are paid, that money will be sent to you via check or direct deposit.

If you have additional tuition, fees, housing or other charges that are not covered by your financial aid, you will receive a bill for those charges.

Financial aid continues to be offered and disbursed throughout the term as students accept and respond to their offers. Please contact One Stop Student Services if you have already responded to your aid offers and need to make changes. 

Important financial aid dates

Use the tables below to find dates regarding financial aid disbursement, loan and grant deadlines, and additional information about financial aid eligibility.

Expand all

Fall 2024

DateItem description
August 26, 2024Fall financial aid disbursement begins.
September 3, 2024Fall 2024 term begins.
September 16, 2024

Census date: Your enrollment is reviewed for financial aid eligibility.

If your enrollment has increased or decreased by this date, your aid eligibility will be adjusted to the appropriate amount based on your revised enrollment. Learn more about financial aid eligibility.

November 30, 2024

Minnesota State Grant and Minnesota Dream Act deadline.

If you did not already fill out a FAFSA or MN Dream Act Application, this is the last day to complete a FAFSA or MN Dream Act application and still be considered for the Minnesota State Grant for the fall term*. You must be a Minnesota resident to qualify.

*2024-25 FAFSA submissions after November 30, 2024 will not be considered for MN State Grant eligibility, including the summer 2025 term.

December 1, 2024The Free Application for Federal Student Aid (FAFSA) for 2025-26 opens.
December 6, 2024

Satisfactory Academic Progress Appeal deadline for fall semester.

If you need to submit an appeal, it must be submitted no later than two weeks prior to the end of the term in which you are seeking aid.

December 11, 2024Last day to submit your application for tuition reciprocity with your home state if you are a ND, WI, or Manitoba resident and you are being charged non-resident tuition through the U of MN.
December 18, 2024Last day to request and accept a fall/spring or spring only PLUS loan.
December 19, 2024Last day to request and accept a fall/spring or spring only subsidized and/or unsubsidized loan.

Spring 2025

DateItem description
January 13, 2025Spring 2025 financial aid disbursement begins.
January 21, 2025Spring term begins.
February 2025Special circumstance appeal forms are available for the 2025-26 aid year.
February 3, 2025

Census date: Your enrollment is reviewed for financial aid eligibility.

If your enrollment has increased or decreased by this date, your aid eligibility will be adjusted to the appropriate amount based on your revised enrollment. Learn more about financial aid eligibility.

May 2, 2025

Satisfactory Academic Progress Appeal deadline for spring semester.

If you need to submit an appeal, it must be submitted no later than two weeks prior to the end of the term in which you are seeking aid.

May 5, 2025Last day to submit your application for tuition reciprocity with your home state if you are a ND, WI, or Manitoba resident and you are being charged non-resident tuition through the U of MN.
May 12, 2025Last day to request and accept a fall/spring or spring only PLUS loan.
May 13, 2025Last day to request and accept a fall/spring or spring only subsidized and/or unsubsidized loan.

Summer 2025

DateItem description
May 2025

The University sends financial aid offers for May and summer sessions.

You will receive an email with instructions on how to review your financial aid offer for the upcoming academic year. The email will be sent to your University email account. 

Please review your offer. If your offer includes loans or work study, you can accept, decline, or reduce the amount you’ve been offered. You need to complete required loan documentation before you receive any loans that are accepted with your financial aid offer.

May 19, 2025May session and summer 13-week classes begin.
June 2, 2025Summer financial aid disbursement begins.
June 9, 2025Summer session begins.
June 23, 2025

Census date: Your enrollment is reviewed for financial aid eligibility

If your enrollment has increased or decreased by this date, your aid eligibility will be adjusted to the appropriate amount based on your revised enrollment. Learn more about financial aid eligibility

June 30, 2025Last day to complete your 2023-24 FAFSA for the current academic year
July 18, 2025

Satisfactory Academic Progress Appeal deadline for summer.

If you need to submit an appeal, it must be submitted no later than two weeks prior to the end of the term in which you are seeking aid.

July 31, 2025

 Minnesota State Grant and Minnesota Dream Act deadline.

This is the last day to complete a FAFSA or MN Dream Act application and still be considered for the Minnesota State Grant for the fall 2025 and spring 2026 terms*. You must be a Minnesota resident to qualify.

*2025-26 FAFSA submissions after July 31, 2025 will not be considered for MN State Grant eligibility. You may be eligible for other state aid if you submit your FAFSA after this deadline. It has not been determined if MN State Grant funding will be available for the summer 2026 term.

August 12, 2025Last day to request and accept a summer PLUS loan.
August 13, 2025Last day to request and accept a summer subsidized and/or unsubsidized loan.

Fall 2025

DateItem description
August 25, 2025Fall 2025 financial aid disbursement begins.
September 2, 2025Fall term begins.
September 16, 2025

Census date: Your enrollment is reviewed for financial aid eligibility.

If your enrollment has increased or decreased by this date, your aid eligibility will be adjusted to the appropriate amount based on your revised enrollment. Learn more about financial aid eligibility.

October 1, 2025The Free Application for Federal Student Aid (FAFSA) for 2026-27 opens.
December 4, 2025

Satisfactory Academic Progress Appeal deadline for fall semester.

If you need to submit an appeal, it must be submitted no later than two weeks prior to the end of the term in which you are seeking aid.

December 8, 2025Last day to request and accept a fall only PLUS loan.
December 9, 2025Last day to request and accept a fall only subsidized and/or unsubsidized loan.
December 10, 2025Last day to submit your application for tuition reciprocity with your home state if you are a ND, WI, or Manitoba resident and you are being charged non-resident tuition through the U of MN.

Spring 2026

DateItem description
January 12, 2026Spring 2026 financial aid disbursement begins.
January 20, 2026Spring term begins.
February 2026Special circumstance appeal forms are available for the 2024-25 aid year.
February 3, 2026

Census date: Your enrollment is reviewed for financial aid eligibility.

If your enrollment has increased or decreased by this date, your aid eligibility will be adjusted to the appropriate amount based on your revised enrollment. Learn more about financial aid eligibility.

May 1, 2024

Satisfactory Academic Progress Appeal deadline for spring semester.

If you need to submit an appeal, it must be submitted no later than two weeks prior to the end of the term in which you are seeking aid.

May 4, 2026Last day to submit your application for tuition reciprocity with your home state if you are a ND, WI, or Manitoba resident and you are being charged non-resident tuition through the U of MN.
May 5, 2026Last day to request and accept a fall/spring or spring only PLUS loan.
May 6, 2026Last day to request and accept a fall/spring or spring only subsidized and/or unsubsidized loan.

Summer 2026

DateItem description
May 2026

The University sends financial aid offers for May and summer sessions.

You will receive an email with instructions on how to review your financial aid offer for the upcoming academic year. The email will be sent to your University email account. 

Please review your offer. If your offer includes loans or work study, you can accept, decline, or reduce the amount you’ve been offered. You need to complete required loan documentation before you receive any loans that are accepted with your financial aid offer.

May 18, 2026May session and summer 13-week classes begin.
June 1, 2026Summer financial aid disbursement begins.
June 8, 2026Summer session begins.
June 22, 2026

Census date: Your enrollment is reviewed for financial aid eligibility

If your enrollment has increased or decreased by this date, your aid eligibility will be adjusted to the appropriate amount based on your revised enrollment. Learn more about financial aid eligibility

June 30, 2026Last day to complete your 2025-26 FAFSA for the current academic year
July 31, 2026

Satisfactory Academic Progress Appeal deadline for summer 2024.

If you need to submit an appeal, it must be submitted no later than two weeks prior to the end of the term in which you are seeking aid.

August 6, 2026Last day to request and accept a summer PLUS loan.
August 7, 2026Last day to request and accept a summer subsidized and/or unsubsidized loan.