Financial Aid Dates

Payment Policy at COD

College of DuPage requires all students to pay their account balance in full or enroll in one of our flexible payment plans at the time of registration. If your account balance is not paid in full at the time of registration, or you have not enrolled in a payment plan, you may be dropped from your classes for the amount owed.  Students receiving financial aid (i.e., grants and loans) may be eligible to enroll in the College's Deferred Payment Plan. Eligibility for the Deferred Payment Plan is dependent upon your financial aid status at the time you register. View Payment Plan information.

Financial Aid Refund Checks

College of DuPage provides notification via email to students when refunds are issued on a student's account.  Student account refunds may be issued via direct deposit, credit card, or paper check. College of DuPage's preferred refund method is direct deposit (also known as eRefunds). Enrollment is free and can be done through the student portal. Read more about enrolling in direct deposit.

Important Financial Aid Dates

All scholarship opportunities are available online at cod.academicworks.com

The Federal Direct Loan Program allows students to borrow funds to pay for their college education.  These are low interest, government guaranteed loans.  One of the benefits of the Federal Direct Loan Program is repayment does not begin until 6 months after a student has graduated or dropped below half-time status.

This session will go over the Federal Direct Loan Program and what you need to know before entering repayment on your Federal Direct Loans. 

Eligible students may charge required books and supplies against their financial aid for the Summer Semester 2022. Students must be in Good Standing, have a Financial Aid Offer Letter in their Self Service and available funds for books.

This is the earliest the following financial aid funds will be disbursed to your student account to cover any outstanding tuition and/or book charges for Summer Semester 2022. 

Any funds in excess of those charges will be refunded to you in about 10 to 14 business days later.  Students are encouraged to sign up for eRefunds through their myACCESS:

  • Federal Pell Grant
    Students who are enrolled in a 8 week session or 2nd 5 week session will have their Pell Grant disbursed after each session starts and attendance is confirmed.
  • Scholarships
    Students who are enrolled in a 8 week session or 2nd 5 week session will have their Scholarships disbursed after each session starts and attendance is confirmed.
  • Federal Direct Subsidized, Unsubsidized and PLUS Loans
    • Scenario 1: Students who are enrolled in at least 6 eligible credit hours for 10 week or 1st 5 week session.
    • Scenario 2: Students who are enrolled in at least 6 eligible credit hours for only the 8 week or 2nd 5 week session will not have their loans disburse until after those sessions have started an attendance is confirmed.
    • Scenario 3: Students who are enrolled in a combination of a 10 week, 8 week or 2nd 5 week session whose total hours will not equal 6 eligible credit hours until after the 10 week, 8 week or 2nd 5 week sessions their loan funds will disburse after the 10 week, 8 week or 2nd 5 week sessions have started and attendance is confirmed.

This is the last day eligible students can use available financial aid funds in the Bookstore for Summer Semester 2022.

Eligible students may charge required books and supplies against their financial aid for the Fall Semester 2022. Students must be in Good Standing, have a Financial Aid Offer Letter in their Self Service and available funds for books.

This is the last day eligible students can use available financial aid funds in the Bookstore for Fall Semester 2022.