Why do MS1s & MS2s receive refunds in August and 3rd & 4th years receive refunds in July?
After you begin your second year of medical school, you are basically continuously enrolled. However, the financial aid office establishes a “loan period” for one year which coincides with billing. Therefore, the financial aid loan periods indicated below allows our office to provide funds to you for living expenses continuously. So, your exact schedule may be slightly different than your loan periods. As an MS1, your budget is from August through May. Therefore, you receive your first refund in August. As an MS2, your budget is from August through July. Therefore, you receive your first refund in August. As an MS3, your budget is from July through July. Therefore, you receive your first refund in July. As an MS4, your budget is from July through May. Therefore, you receive your first refund in July. All students should anticipate their mid-year refund in January.
Related Questions
- How do I notify FFA of the amount incurred for childcare charges for the months of July, August, and September 2003?
- Why do first and second year receive refunds in August and third and fourth years receive refunds in July?
- Does First Unitarian operate over the summer months? Are there any organized activities in July and August?
