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 17 – Aug 31 | Aug 17 – Aug 31 | Sept 11 – Sept 15 |
| 1st 8 Weeks | Aug 17 – Aug 31 | Aug 17 – Aug 31 | Sept 11 – Sept 15 |
| 14 Weeks | Aug 31 – Sept 14 | Aug 31 – Sept 14 | Sept 25 – Sept 29 |
| 12 Weeks | Sept 14 – Sept 28 | Sept 14 – Sept 28 | Oct 2 – Oct 6 |
| 2nd 8 Weeks | Oct 12 – Oct 26 | Oct 12 – Oct 26 | Oct 30 – Nov 3 |
| Session | Grants | Loan Disbursement- Continuing Borrower |
Loan Disbursement- First-Time Borrower |
|---|---|---|---|
| 16 Weeks | Jan 11 – Jan 26 | Jan 11 – Jan 26 | Feb 5 – Feb 9 |
| 1st 8 Weeks | Jan 11 – Jan 26 | Jan 11 – Jan 26 | Feb 5 – Feb 9 |
| 14 Weeks | Jan 29 – Feb 2 | Jan 29 – Feb 2 | Feb 12 – Feb 16 |
| 12 Weeks | Feb 12 – Feb 16 | Feb 12 – Feb 16 | Feb 26 – Mar 1 |
| 2nd 8 Weeks | Mar 18 – Mar 22 | Mar 18 – Mar 22 | Apr 1 – Apr 5 |
| Session | Grants | Loan Disbursement- Continuing Borrower |
Loan Disbursement- First-Time Borrower |
|---|---|---|---|
| 10 Weeks | May 23 – Jun 7 | May 23 – Jun 7 | Jun 17 – Jun 21 |
| 9 Weeks | May 23 – Jun 7 | May 23 – Jun 7 | Jun 17 – Jun 21 |
| 1st 5 Weeks | May 23 – Jun 7 | May 23 – Jun 7 | Jun 17 – Jun 21 |
| 2nd 5 Weeks | Jul 1 – Jul 5 | Jul 1 – Jul 5 | Jul 8 – Jul 12 |
