Grants and loans are disbursed beginning the first week of the session/semester. However, due to the high volume of students receiving aid at the same time, it may take 1-2 weeks before you receive your disbursement. You may sign up for mobile notifications about your refund status through your BankMobile Disbursements profile. Click here to select your refund preference with BankMobile Disbursements, a technology solution, powered by BMTX, Inc.
NOTE:
- Loans awarded for both Fall and Spring will be fully disbursed at the beginning of each semester.
- Fall or Spring Semester only loan will be disbursed in two equal payments at the beginning and at the midpoint of the semester.
- Summer Semester only loan will be disbursed in one payment at the beginning of the summer semester.
- First-year and First-time borrowers are subject to a census date delayed payment during their first semester of enrollment. The loan will disburse the Monday after their designated census date.
Refunds are processed once your tuition and fees are paid in full.
| Session | Grants | Loan Disbursement- Continuing Borrower |
Loan Disbursement- First-Time Borrower |
|---|---|---|---|
| 16 Weeks | Aug 22 – Sept 5 | Aug 22 – Sept 5 | Sept 16 – Sept 20 |
| 1st 8 Weeks | Aug 22 – Sept 5 | Aug 22 – Sept 5 | Sept 16 – Sept 20 |
| 14 Weeks | Sept 5 – Sept 19 | Sept 5 – Sept 19 | Sept 23 – Sept 27 |
| 12 Weeks | Sept 19 – Oct 3 | Sept 19 – Oct 3 | Oct 7 – Oct 11 |
| 2nd 8 Weeks | Oct 17 – Oct 30 | Oct 17 – Oct 30 | Nov 4 – Nov 8 |
| Session | Grants | Loan Disbursement- Continuing Borrower |
Loan Disbursement- First-Time Borrower |
|---|---|---|---|
| 16 Weeks | Jan 16 – Jan 30 | Jan 16 – Jan 30 | Feb 10 – Feb 14 |
| 1st 8 Weeks | Jan 16 – Jan 30 | Jan 16 – Jan 30 | Feb 10 – Feb 14 |
| 14 Weeks | Jan 30 – Feb 13 | Jan 30 – Feb 13 | Feb 17 – Feb 21 |
| 12 Weeks | Feb 13 – Feb 27 | Feb 13 – Feb 27 | Mar 3 – Mar 7 |
| 2nd 8 Weeks | Mar 24 – Apr 7 | Mar 24 – Apr 7 | Apr 7 – Apr 11 |
| Session | Grants | Loan Disbursement- Continuing Borrower |
Loan Disbursement- First-Time Borrower |
|---|---|---|---|
| 10 Weeks | May 29 – Jun 12 | May 29 – Jun 12 | Jun 23 – Jun 27 |
| 9 Weeks | May 29 – Jun 12 | May 29 – Jun 12 | Jun 23 – Jun 27 |
| 1st 5 Weeks | May 29 – Jun 12 | May 29 – Jun 12 | Jun 23 – Jun 27 |
| 2nd 5 Weeks | Jul 7 – Jul 11 | Jul 7 – Jul 11 | Jul 16- Jul 20 |
Review My Financial Aid Refund Status
You can expect to receive your refund within 10 business days from the refund disbursement date on your Student Account Balance screen. Financial aid refunds are processed through BankMobile (BKM) and are listed as “BKM- Fin Aid Refund”.
- Login into MyACC.
- Under the Registration & Payments header, click “Pay for Classes”.
- Click the “Payment Plans” tab.
- Look for the description, “BKM-Fin Aid Refund”
- If you do not see this in your Student Account Balance screen, then your refund has not been processed.