P4 Financial Aid
Financial aid information for students entering the fourth and final year of Pharmacy school.
Financial Aid Notification
Students who are meeting satisfactory academic progress requirements and who have complete financial aid files will be notified via NDMU email that their financial aid for 2019-20 is available for view on WebAdvisor beginning in mid-Spring.
Students will be packaged with financial aid for the summer 2019, fall 2019, and spring 2020 semesters. P4 students are NOT required to submit a summer financial aid request form.
If you do not receive a notice that your financial aid is ready for view, these are the possible reasons:
- Your financial aid file is incomplete - check WebAdvisor for missing documents and submit them as soon as possible.
- You are on financial aid probation - your financial aid file will not be reviewed until grades are posted for the Spring 2019 semester.
Steps to Receive Aid
Grad PLUS Loans
You must apply and be approved for the 2019-20 school year (even if you have received the loan in the past at NDMU). Instructions are available on our Federal Direct Graduate PLUS loan page. Applications can be submitted beginning May 1. We recommend that you apply as soon as possible after May 1 to ensure timely processing.
Federal Direct Unsubsidized Loans
No steps are required if you received this type of loan during 2018-19. If you have not borrowed this type of loan at NDMU before, you will need to apply for the loans. Instructions are our Federal Direct Subsidized and Unsubsidized Loans page. Applications can be submitted beginning May 1. We recommend that you apply as soon as possible after May 1 to ensure timely processing.
Billing
Tuition and fees will be billed in three equal installments. Financial aid will be split into three equal disbursements as well. Please note that this is a change from previous years. Billing questions are handled by the Business Office.
Refunds
Summer financial aid disbursements will occur at the same time for all students regardless of which rotations they are assigned for the summer. You should plan now so that refund money you received for spring 2015 will last until your summer refund check is available. Refer to the chart below.
| Rotation | Disbursement | Refund |
|---|---|---|
| Summer | Early July | Mid-July |
| Fall Rotation 1 | Early August | Mid-August |
| Fall Rotation 2 | Early September | Mid-September |
| Spring Rotation 1 | Mid-January | Late January |
| Spring Rotation 2 | Mid-February | Early March |
Fall and spring financial aid disbursements will occur based on when your rotations begin.
Example: If you are not participating in the first fall rotation, you would receive your fall disbursement and refund based on the start date of the second fall rotation. Refer to the chart above.
Please plan accordingly. There will be no advances on financial aid or refund checks.
Financial Aid Requirements for Graduation
All recipients of federal student loans must participate in online exit counseling. More information will be forthcoming.
Student Loan Debt
You can view your loan history at https://nsldsfap.ed.gov/. Sign in with your FAFSA pin number and choose Financial Aid Review.
Questions
Please contact our office with any questions or concerns. We are here to help you.