Refunds & Disbursements

Financial aid is typically disbursed at the start of each semester, but exceptions may apply based on your class schedule and the type of aid you expect. Find details in the Disbursement Schedule below.

At ACC, your financial aid will be applied directly to your tuition and fees. Any excess funds will be refunded to you within 10 business days after they are disbursed. You can track payments in Self-Service under “Pay for Classes.”

Note: If your aid does not cover all tuition and fees, be sure to pay the difference or set up a payment plan by the payment deadline to avoid being dropped from your courses. 

Financial Aid Refunds

Refunds are handled through BankMobile Disbursements, managed by BMTX, Inc. Select your refund preference here.

Disbursement Schedule

Adjustments to Your Aid Based on Enrollment

The amount of financial aid you receive depends on the number of credits you are taking. Initially, your financial aid offer is based on full-time enrollment, which is 12 credits, but it can decrease if you take fewer credits. The final amount is based on your enrollment on the census date for your semester or session.

  • Federal Pell Grants may increase, decrease, or be canceled based on your enrollment. 
  • Federal Direct Student Loans remain the same but require at least 6 credits.

Pell Grant Enrollment Intensity

Beginning in the 2024-2025 aid year, Pell Grant amounts will be determined by Enrollment Intensity, a percentage based on the number of credits you are enrolled in.

The chart below shows how your Pell Grant changes based on the number of credits you take.

Credit Hours Enrollment Category (Old) Enrollment Intensity (New)
12 (or more) Full-Time 100% Pell Award
11 Three-Quarter Time 92%
10 Three-Quarter Time 83%
9 Three-Quarter Time 75%
8 Half-Time 67%
7 Half-Time 58%
6 Half-Time 50%
5 Less-than-Half-Time 42%
4 Less-than-Half-Time 33%
3 Less-than-Half-Time 25%
2 Less-than-Half-Time 17%
1 Less-than-Half-Time 8%
Note: Your actual award is based on your enrollment on the census date for your term. Any overpayment resulting from reduced credits at the census date must be returned to the college.

More Information About Your Financial Aid Disbursement:

Flex Entry Courses

Students enrolled in a course that extends beyond the regular semester (fall, spring, or summer) may not receive additional financial aid for the following semester until those classes are successfully completed.

Example: If you take a 16-week session class with the date range of 09/22/24-02/15/25, financial aid for the spring 2025 semester will not be disbursed until you complete the fall flex class(es) and grades are posted after 02/15/25.


Instructors must certify your class attendance for financial aid eligibility. Uncertified class attendance may require repayment of financial aid. Please contact your instructor for any issues regarding class certification.

If You Do Not Plan to Attend ACC

It is your responsibility to drop your classes before they begin if you do not plan to attend ACC. Otherwise, you will be responsible for repaying any tuition and fees.

Unused Scholarships

Contact the scholarship specialist if you do not plan to continue your studies and would like unused funds returned to the donor.

Scholarship Limitations

If your scholarship guidelines do not allow refunds, ACC will either carry over unused funds to the next semester or return them to the outside donor.

Continuing Education

Continuing Education students receive financial aid refunds by mail at the address on file in the Admissions & Records Office. Check Self-Service to confirm your address is correct.

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