M.D. Student Financial Aid Important Dates

2022-2023

M1 - First Year Medical Students: 2022-2023

First Semester for M1 - First Year Medical Students

First Semester Dates Detail
August 1, 2022 First day of Orientation Week
August 2, 2022 First Semester Financial Aid Disbursement
August 8, 2022 First day of Med Year 1
August 12, 2022 Last day to drop without being fee liable
August 15, 2022 First Semester Tuition and Fees are due
September 5, 2022 Last day to withdraw and receive a 25% refund*
October 1, 2022 2023-2024 FAFSA opens
October 26, 2022 60% of first semester completed on this date**
December 16, 2022 Last day of the first semester
December 17, 2022 - January 8, 2023 Winter Break

Second Semester for M1 - First Year Medical Students

Second Semester Detail
January 9, 2023 First day of second semester
January 10, 2023 Second Semester Financial Aid Disbursement
January 13, 2023 Last day to drop without being fee liable
January 16, 2023 Second Semester Tuition and Fees are due
February 6, 2023 Last day to withdraw and receive a 25% refund*
March 11 - 19, 2023 Spring Break
March 17, 2023 Last day to increase 2022-2023 Direct Loan amounts
March 21, 2023 First day of classes after Spring Break
April 1, 2023 60% of second semester completed on this date**
May 19, 2023 Last day of the Academic Year
M2 - Second Year Medical Students: 2022-2023

First Semester for M2 - Second Year Medical Students

First Semester Dates Detail
July 29, 2022 Orientation Day
August 1, 2022 First day of Med Year 2
August 2, 2022 First Semester Financial Aid Disbursement
August 5, 2022 Last day to drop without being fee liable
August 8, 2022 First Semester Tuition and Fees are due
August 29, 2022 Last day to withdraw and receive a 25% refund*
October 1, 2022 2023-2024 FAFSA opens
October 23, 2022 60% of first semester completed on this date**
December 16, 2022 Last day of the first semester
December 17, 2022 - January 8, 2023 Winter Break

Second Semester for M2 - Second Year Medical Students

 
Second Semester Dates Detail
January 9, 2023 First day of the second semester
January 10, 2023 Second Semester Financial Aid Disbursement
January 13, 2023 Last day to drop without being fee liable
January 16, 2023 Second Semester Tuition and Fees are due
February 6, 2023 Last day to withdraw and receive a 25% refund*
March 3, 2023 60% of second semester completed on this date**
March 17, 2023 Last day to increase 2022-2023 Direct Loan amounts
April 7, 2023 Last day of the Academic Year
M3 - Third Year Medical Students: 2022-2023

First Semester for M3 - Third Year Medical Students

First Semester Dates Detail
April 18, 2022 First day of Med Year 3
April 22, 2022 Last day to drop without being fee liable
May 3, 2022 First Semester Financial Aid Disbursement
May 9, 2022 First Semester Tuition and Fees are due
May 16, 2022 Last day to withdraw and receive a 25% refund*
July 16, 2022 - July 31, 2023 Summer Break
August 16, 2022 60% of first semester completed on this date**
October 1, 2022 2023-2024 FAFSA opens
October 23, 2022 Last day of the first semester

Second Semester for M3 - Third Year Medical Students

Second Semester Dates Detail
October 24, 2022 First day of the second semester
October 26, 2022 Second Semester Financial Aid Disbursement
October 28, 2022 Last day to drop without being fee liable
October 31, 2022 Second Semester Tuition and Fees are due
November 21, 2022 Last day to withdraw and receive a 25% refund*
December 19, 2022 - January 1, 2023 Winter Break
January 2, 2023 First day of classes after Winter Break
February 19, 2023 60% of second semester completed on this date**
March 17, 2023 Last day to increase 2022-2023 Direct Loan amounts
April 28, 2023 Last day of the Academic Year
M4 - Fourth Year Medical Students: 2022-2023

First Semester for M4 - Fourth Year Medical Students

First Semester Dates Detail
May 16, 2022 First day of Transition Week
May 23, 2022 First day of Med Year 4
May 24, 2022 First Semester Financial Aid Disbursement
May 27, 2022 Last day to drop without being fee liable
May 30, 2022 First Semester Tuition and Fees are due
June 20, 2022 Last day to withdraw and receive a 25% refund*
September 1, 2022 60% of first semester completed on this date**
October 1, 2022 2023-2024 FAFSA opens
November 6, 2022 Last day of the first semester

Second Semester for M4 - Fourth Year Medical Students

Second Semester Dates Detail
November 7, 2022 First day of the second semester
November 9, 2022 Second Semester Financial Aid Disbursement
November 11, 2022 Last day to drop without being fee liable
November 14, 2022 Second Semester Tuition and Fees are due
December 5, 2022 Last day to withdraw and receive a 25% refund*
December 19, 2022 - January 1, 2023 Winter Break
January 1, 2023 First day of classes after Winter Break
February 20, 2023 60% of second semester completed on this date**
March 13 – 24, 2023 Transition to Residency Course & Match Day (3/17/2022)
March 17, 2023 Last day to increase 2022-2023 Direct Loan amounts
April 21, 2023 Last day of the Academic Year
April 28, 2023 Commencement

 

Printable Version

* 25% tuition adjustment only applies to tuition and fees charged by the university. (All 3rd party charges, including health and disability insurance, must be negotiated with the service provider. See the Medical Student Handbook Tuition Refund Policy for details.)

**Return to Title IV (R2T4)

Students who do not complete more than 60% of each Semester (half of the academic year), must have a process called “Return to Title IV Funds” run to determine how much of their Title IV Federal financial aid (Unsubsidized and/or Graduate PLUS Loans) has been earned. The percentage aid that was not earned must be returned to the Title IV Federal Aid Program (s) and the student is responsible for the returned amount.

Example #1
  • MED1 Student
  • Tuition and Fee Charges for 1st half of the year are $16,012.72
  • First day of Class (after Orientation) is August 8th, 2022
  • Student withdraws or otherwise stops attending on October 3rd, 2022 (attended through October 3rd, 2022)
  • Student completed 56 of 131 days, or 42.748% of the Semester
  • Student received $21,135 in Federal Unsubsidized Direct Loan funds (half of the annual maximum of $42,722, less origination fees)

The student did not earn 57.252% of his/her Federal student funds, or $12,100.19.

Unearned Institution charges are 57.252% of $15,972.72, or $9,167.59.

The lesser of these two amounts, rounded to the dollar ($9,168), must be returned to the Federal student aid programs by the school and the student will be billed for the returned amount.

Example #2
  • MED2 Student
  • Tuition and Fee Charges for 1st half of the year are $15,970.68
  • First day of Class (after Orientation) is August 1st, 2022
  • Student stops attending (withdraws or otherwise stops attending) on October 21st, 2022 (attended through October 21st, 2022)
  • Student completed 81 of 138 days, or 58.696% of the Semester
  • Student received $20,035 in Federal Unsubsidized Direct Loan funds (half of the annual maximum of $40,500, less origination fees)

The student did not earn 41.803% of his/her Federal student loan funds, or $8,275.33

Unearned Institutional charges at 41.135% of $15,970.68, are $6,596.59.

The lesser of these two numbers, rounded to the dollar ($6,597), must be returned to the Federal student aid programs by the school and the student will be billed for the returned amount.

Example #3
  • MED4 Student
  • Tuition and Fee Charges for 1st half of the year are $16,002.72
  • First day of Class is May 23, 2022
  • Student stops attending (withdraws or otherwise stops attending) on September 26th, 2022 (attended through September 26th, 2022)
  • Student completed 126 of 168 days, or 75% of the Semester
  • Student received $23,334 in Federal Unsubsidized Direct Loan funds (half of the annual maximum of $47,167, less origination fees)

This student completed 60% or more of the Semester and is considered to have earned all of his/her funding for the Semester (half year). Return of funds is not required.

Additional Information
The Charles E. Schmidt College of Medicine offers students a variety of educational programs and degrees.
Address
Charles E. Schmidt College of Medicine
Florida Atlantic University
777 Glades Road, BC-71
Boca Raton, FL 33431
(561) 297-4828