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.
• 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

• Summer 2023: July 10   *Note: Due to the July 4 holiday occurring the first week of the quarter, we had to change our first disbursement date from July 3 to July 10.

 

• Fall 2023:
  1. 1st disbursement: September 25
  2. 2nd disbursement: November 6
• Winter 2024:
  1. 1st disbursement: January 8
  2. 2nd disbursement: February 19
• Spring 2024:
  1. 1st disbursement: April 8
  2. 2nd disbursement: May 20

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SEOG

• Fall 2023: November 6

• Winter 2024: February 19

• Spring 2024: May 20

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AmeriCorps

• Fall 2023:
  1. 1st disbursement: September 25
  2. 2nd disbursement: November 6
• Winter 2024:
  1. 1st disbursement: January 8
  2. 2nd disbursement: February 19
• Spring 2024:
  1. 1st disbursement: April 8
  2. 2nd disbursement: May 20

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Cal Grant & Student Success Completion Grant

• Fall 2023: October 9

• Winter 2024: January 22

• Spring 2024: April 22 
  

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Direct Loans

• Summer 2023: July 10  *Note: Due to the July 4 holiday occurring the first week of the quarter, we had to change our first disbursement date from July 3 to July 10.

• Fall 2023: September 25

• Winter 2024: January 8

• Spring 2024: April 8

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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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Work-Study

• On the 15th of every month after online time sheet is approved