STUDENT FINANCIAL AID PAYMENT SCHEDULE 2023-2024

Financial Aid funds are now available through Direct Deposit! Students MUST select a refund preference with BankMobile Disbursements. For more information, visit this link: BankMobile Disbursements Refund Choices (https://bankmobiledisbursements.com/refundchoices/).

PAYMENT DATES AS INDICATED BELOW ARE SUBJECT TO CHANGE WITHOUT PRIOR NOTICE. Pell Grants will be disbursed in two payments each semester (first disbursement: 50%, second disbursement: 50%).

Note: You will receive payment from only those funds listed on your Financial Aid Award Notification. At each payment, you will receive a single payment from all programs listed on your Financial Aid Award Notification indicated for that date.

Important: These dates below are financial aid processing dates. You will receive your funds usually within a few days after these dates depending on which refund preference you selected with BankMobile Disbursements.

Fall 2023

	AUG	SEP	OCT	NOV	DEC	JAN	JAN	FEB	MAR	APR	MAY
FEDERAL PELL GRANT	15	5				9	30				14
FEDERAL SEOG		5					30
CAL GRANTS		5					30
COMPLETION GRANT		5					30
FEDERAL WORK STUDY	15	15	15	15	15	15		15	15	15	15
INST. SCHOLARSHIPS	22					16

All financial aid payments will be processed through BankMobile Disbursements, a technology solution, powered by BMTX, Inc. If you do not receive your payment within ten (10) days from the date(s) indicated above, please verify that you have selected a refund preference with BankMobile Disbursements and that the address in your profile is accurate.

You will be notified from Bank Mobile when they have funds ready for you. You may check your awards/refunds within your InsideBC account.

No Financial Aid Adjustments to Spring 2024 Awards After January 29, 2024 and Summer 2024 Awards After May 20, 2024 Due to Census/Enrollment Freeze

Late start classes that were registered after 01/29/24 for Spring 2024 and 05/20/24 for Summer 2024, will not be included in a continuously enrolled student's* total enrollment for financial aid purposes. Therefore, if you make changes to your course load after this date, you will not see an increase/decrease to your total financial aid for the term. Please note that new students* who have just registered for a late start course (who were not attending any courses at the start of the term) can still be awarded Pell, the Promise Grant (BOG) Fee Waiver and potentially more if they enroll now. However, we do encourage that you visit our Virtual Lobby should you feel that changes to your course load were a result of an extenuating circumstance.

How will adjusting my course load after the freeze date affect my financial aid?
New Student*	Continuously Enrolled Student*
California Promise Grant (BOG) will be awarded to the student (if eligible) to cover tuition costs	California Promise Grant (BOG) will be awarded to the student (if eligible) to cover tuition costs
Pell Grant can be included up to eligibility	Pell Grant will not be adjusted after 01/29/24 for Spring 2024 and 05/20/24 for Summer 2024
New Student: A newly enrolled student that was not attending courses at the start of the term. Continuously Enrolled Student: A student that was currently attending courses at the start of the term and has added courses after 01/29/24 for Spring 2024 and 05/20/24 for Summer 2024. **Completion of the FAFSA/Dream Act Application will check student eligibility for multiple awards and should be completed by all students ASAP