Terms & Conditions

Disbursement Dates

Important Information

• You will only be paid for classes you are actively attending.
• Late start and waitlisted courses are not counted towards awards until the class registration start date. Therefore, late start courses may impact your disbursement amount, and/or your disbursement date.
• If your application is complete prior to start of term, please refer to the Disbursement Dates listed below.

• If your application is complete after the start of term, funds will disburse the following Monday.

• The disbursements are typically processed on Monday's and, after covering any fees owed to the school, the remaining funds are transferred to BankMobile Disbursements on Thursday of the same week. BankMobile Disbursements then follows the refund preference you select to get you the money. For more information about BankMobile Disbursements, visit https://bankmobiledisbursements.com/refundchoices/.

• In case of adding/dropping units after a disbursement of funds, amount paid may be adjusted accordingly. In some cases reversal of a disbursement may occur.

• To check status of your Financial Aid application or disbursement, please go to your MyPortal account.

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Disbursement Dates

 

Please note:  Although your financial aid will disburse on Monday's, your financial aid refund will usually arrive at BankMobile on the Thursday of the week it's disbursed.

Pell Grant

 

• Winter 2025:
  1. 1st disbursement: January 6th, 2025
  2. 2nd disbursement: February 14th, 2025

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SEOG

• Winter 2025: February 14th, 2025

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Cal Grant & Student Success Completion Grant

• Winter 2025: January 20th, 2025

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Federal Direct Loans

 

• Winter 2025: January 6th, 2025

                                                                                                                                 

*Must complete Entrance Counseling and Master Promissory Note prior to any loan disbursements. 

*Per federal regulations, first time student loan borrowers will have their loans delayed for 30 days. 

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Scholarships

• Most scholarships are paid in lump sum of the total award amount upon verification of enrollment (in at least 6 units, unless scholarship states differently) or verification of transfer.

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Americorps, Alternative Loans, and Federal Work-Study

• Disbursement dates may vary.

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