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2020 Spring semester financial aid process

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The 2020 Spring semester tuition and fees due date is Friday, Jan. 10, 2020. As long as the spring semester anticipated financial aid amounts exceed the Bursar billed amount, you do not need to do anything at this time. The students who will need to act before the January 10 due date are those whose anticipated financial aid (or lack of financial aid) does not fully cover the amount billed. To make payment, follow the instructions below:

Student Bill Payment Options

Keep in mind that a past due balance (after Jan. 10, 2020) will be assessed a late fee of 1.5% of the past due balance.

The 2020 spring semester financial aid will disburse according to the dates listed below. This applies to all four medical school class years regardless of when you start back. Third and fourth year medical students may start earlier than the university registration date of Jan. 6. As usual, student federal loan funds will release to the school 10 days before the spring semester registration start date of Jan. 6.

Friday, Dec. 27, 2019 – Release of financial aid to the IUPUI Bursar will occur on Friday, December 27th. This includes the release of any scholarships and federal loans (from the U.S. Department of Education).

Monday, Dec. 30, 2019 – Refunds go out to the Federal Reserve on the evening of Monday, December 30th. With the holidays and banks being closed until after January 1st, refunds into your Direct Deposit accounts will likely not occur until Thursday, January 2nd at the earliest and by Friday, January 3rd. This process depends largely on the student’s direct deposit and how their bank will draw the direct deposit from the Federal Reserve into their checking account.

Friday, Jan. 3, 2020 – If you have not received your Direct Deposit, please contact us to see what may be the hold up.

Please reach out to below with any questions:

Jose Espada (
Nathan (
LaTonya (

The views expressed in this content represent the perspective and opinions of the author and may or may not represent the position of Indiana University School of Medicine.

Susanna Scott

Communication Specialist

Susanna focuses on communication for Medical Student Education, Faculty and Staff. She is also working toward her doctorate in health communication at IUPUI.