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Disbursement of Funds

 
 
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Financial aid is disbursements vary depending on the type of aid awarded, amount of the aid, and the date the aid is awarded. Please note the following:

  • Grants
    Once the FAFSA application and all requested documentation is submitted, an award notification indicating the award type and amount of Title IV funds (Pell and SEOG) will be issued to the student. Funds are disbursed to the student's account to pay for tuition and bookstore charges incurred.

    Any unused funds will be issued by check to the address on the system (contact the Registration Office to update your address) after the refund period for the semester has ended and attendance is verified. Students enrolled in 2nd 8-weeks and/or Fall2/Winter2 classes may experience a delay in receiving a check due to later refund dates for these sessions.
  • Loans
    Loan disbursements will be disbursed to the student's account once received electronically by the lender. Any outstanding tuition and bookstore charges will be deducted. After the refund period for the semester has ended and attendance is verified, any unused funds will be issued by check to the address on our system. (contact the Registration Office to update your address). Please Note: You MUST be enrolled for a minimum of six (6) credit hours to be eligible to receive loan funding.

    Loans are scheduled for at least two disbursements, which vary by the loan period. All first disbursements will arrive 30 days from the start of the student's enrollment period. The anticipated disbursement dates will be indicated on the Notice of Guarantee and Disclosure Statement received from the lender or it's loan servicer.
  • Scholarships
    Scholarship funds will be disbursed to students depending on the specific scholarship criteria. Any unused funds that are allowed to be disbursed to the student will be issued by check to the address on our system (contact the Registration Office to update your address) after the funding has been received by the College.
 
 
 
 
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