The important dates listed below detail upcoming deadlines and events related to the disbursement of Title IV student aid as well as deadlines related to school eligibility.
2020 – 2021 FAFSA® Form Submission Deadline
2020- 2021 FAFSA® applications must be submitted by 11:59 p.m. Central time (CT).
2019-20 Direct Loan Data Submission (Closeout) Deadline
The Direct Loan Data Submission (Closeout) Deadline is the last business day in July of the year following the end of the award year. All school data must be received and accepted by this date to be included in a school’s final Ending Cash Balance for the year. If a school is meeting the cash management, disbursement reporting, and monthly reconciliation regulatory requirements, a school should be able to reconcile to a zero Ending Cash Balance and close out soon after its final disbursements and should not wait until the closeout deadline. Note: In COD, this is also known as the Latest Date to Accept a Common Record.
Institutional Student Information Record (ISIR) Corrections Deadline for Common Origination and Disbursement (COD)
This is the last day to submit Institutional Student Information Record (ISIR) corrections can be important for verification. This is the 2020-2021 correction shutdown time.
2020 – 2021 FAFSA® Form Corrections or Updates Submission Deadline
2020 – 2021 FAFSA® corrections or updates must be submitted by 11:59 p.m. Central time (CT).
Official Cohort Default Rate (CDR) Release
FY 2018 Official Cohort Default Rates are released to Schools, Guaranty Agencies, and Lenders.