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When to Apply

To receive priority consideration Complete the Free Application for Federal Student Aid (FAFSA) as early as possible beginning October 1st .

DON'T DELAY!

Entering in Fall?  Submit by February 1st
NOTE: For the 2024-2025 aid year (Fall 2024, Spring 2025, and Summer 2025), the Tennessee Student Assistance Award (TSAA) deadline is April 15, 2024.  If you are a Tennessee resident, are Pell eligible, pursuing a first bachelor's degree, and meet other state criteria, you may miss out on receiving this grant if you complete the FAFSA after the 
April 15th deadline.

Entering in Spring? Submit by October 1st

Entering in Summer?  Submit by March 1st

Check your myMemphis account often for missing requirements!

 

PLEASE NOTE THE FOLLOWING:

  • The 2023-2024 school year includes Fall 2023, Spring 2024, and Summer 2024.
  • The 2024-2025 aid year includes Fall 2024, Spring 2025, and Summer 2025. 
  • Summer aid requires manual review and evaluation. Visit our summer page for more information about this process. 
  • June 30, 2024 is the deadline for the central processing service to receive your FAFSA for the 2023-2024 school year.
  • Failure to meet the FAFSA and document submission deadlines may result in late payment fees and/or registration cancellation due to non-payment.

Financial Aid Processing Timeline 2024-2025

Your attention to this timeline will help to ensure your aid is processed prior to your first day of class.

New Freshmen/New Transfer Students

  • January/February - Complete the 2024-2025 FAFSA online for the 2024-2025 academic year (includes Fall 2024, Spring 2025 and Summer 2025). As soon as you complete your FAFSA, you will receive a Student Aid Report (SAR) from the U.S. Department of Education. The SAR is the preliminary results of your FAFSA. Read this carefully as it may include important information about your FAFSA in case there was an error or additional information is needed. 
  • February/March -  Monitor your UofM email as well as your myMemphis account regularly. Once we load your FAFSA (late February) and begin reviewing eligibility for the upcoming year, we will post alerts to your myMemphis account and send email notifications to your UofM email. Submit all requested items EARLY to ensure MAXIMUM consideration for financial aid. Some aid is very limited and awarded on a first come, first serve basis. After submitting any requested items, continue to monitor your myMemphis account and UofM email for alerts in case we need additional information. 
  • March/April - View your Financial Aid Award for Fall 2024 and Spring 2025 on myMemphis by clicking the Student Pages tab and then My Finances. If necessary, change award years by choosing the Award Information by Year option. The Student Requirements section will indicate if you are missing any financial aid documents for a particular award year.
    NOTE: The priority deadline to submit ALL required documents for the Fall term is April 15.
  • March/April - Review your award information available on myMemphis. You can elect to 'Accept,' 'Accept Partial,' or 'Decline' any awards offered to you
  • May/June- Check to be sure you have done everything you are supposed to do for the Fall 2024 semester. Have you submitted all missing documents?
  • July - You are LATE in applying for financial aid and/or submitting required documents.
  • August - You are EXTREMELY LATE in applying for Financial Aid and/or submitting required documents. Your aid may not be processed by the fall fee payment deadline. You may need to cover your own fees until such time that your aid can be processed.

Continuing Students

  • October - Complete the 2024-2025 FAFSA online for the 2024-2025 academic year (includes Fall 2024, Spring 2025 and Summer 2025). As soon as you complete your FAFSA, you will receive a Student Aid Report (SAR) from the U.S. Department of Education. The SAR is the preliminary results of your FAFSA. Read this carefully as it may include important information about your FAFSA in case there was an error or additional information is needed.
  • November - December - Monitor your UofM email as well as your myMemphis account regularly. Once we load your FAFSA and begin reviewing eligibility for the upcoming year, we will post alerts to your myMemphis account and send email notifications to your UofM email. Submit all requested items EARLY to ensure MAXIMUM consideration for financial aid. Some aid is very limited and awarded on a first come, first serve basis. After submitting any requested items, continue to monitor your myMemphis account and UofM email for alerts in case we need additional information.  
  • May - Once spring grades are finalized, the Student Financial Aid Office will review your financial aid file and compliance with the Satisfactory Academic Progress (SAP) policy. If your financial aid file is complete and you are meeting SAP, a financial aid award offer will be made available for eligible students late May to early June. You can view your Financial Aid Award for Fall 2024 and Spring 2025 on myMemphis by clicking the Student Pages tab and then then My Finances. If necessary, change award years by choosing the Award Information by Year option. The Student Requirements section will indicate if you are missing any financial aid documents for a particular award year.
    NOTE: The priority deadline to submit ALL required documents for the Fall term is April 15.
  • June - Check to be sure you have done everything you are supposed to do for the Fall 2024 semester. Have you submitted all missing documents?
  • July - You are LATE in applying for financial aid and/or submitting required documents.
  • August - You are EXTREMELY LATE in applying for Financial Aid and/or submitting required documents. Your aid may not be processed by the fall fee payment deadline. You may need to cover your own fees until such time that your aid can be processed.