2009-2010 Financial Aid Disbursement Information
Your awards are subject to the following:
1. You must maintain satisfactory academic progress (see SAP Standards).
2. Financial aid disbursement dates are contingent upon the dates listed on your award letter and on the scheduled start date(s) of your classes. Please refer to the 2009-10 Financial Aid Disbursement Dates.
3. You must be attending at least 6 units to receive Federal Stafford Direct Loan(s), Federal Supplemental Educational Opportunity Grant (FSEOG), Federal Work Study (FWS) and Cal Grants.
4. First time Federal Stafford Direct Loans borrowers must wait 30 days from the first day of your scheduled start date(s) of classes to receive your first disbursement. If this date does not fall on one of the scheduled disbursement dates, please refer to the Pell Grant scheduled disbursement dates for alternate dates to receive loans.
5. If you have been awarded a Pell Grant, disbursement is based on the number of units you're attending and the start date of your classes. If you are attending 12 or more units; you may be eligible for 100% of your Pell Grant for the semester. There will be no increase in the Pell Grant if you are over 12 units.
a. The award will be reduced to 75% if attending 9-11.5 units.
b. The award will be reduced to 50% if attending 6-8.5 units.
c. If you are attending less than 6 units, you may or may not be eligible to receive a Pell Grant award.
d. Pell Grants are disbursed once a semester for fall and spring (depending on when your file is processed and the number of units you are in at the time of disbursement). For Pell Grants, winter units are combined with spring units and the Pell Grant is disbursed during the spring semester.
e. If you decrease your attendance after your first disbursement, you may end up owing money back. Think before you drop your classes.
f. Depending on your eligibility, if you increase your attendance status, e.g., go from half-time to three-quarter time, you may be eligible to receive the remaining amount on the final disbursement date or after, adjustments are mailed on or after the 10th week of the semester.
g. Summer disbursements are contingent upon remaining eligibility and meeting the Financial Aid Satisfactory Academic Progress (SAP) Standards.
h. Please refer to the 2009-10 Financial Aid Terms of Offer for additional financial aid information.
6. The Board of Governors Fee Waiver waives your enrollment fees. You will not receive this in cash.
Financial Aid Disbursement Dates and Additional Information
§ Your check(s) will be mailed directly to your mailing address. Make sure your mailing address in WingSpan is correct. Address changes are processed in Admission and Records.
§ Allow 1-2 weeks from your disbursement date(s) for your check to arrive.
§ All disbursement inquiries must be made in person. Please do not call our office concerning your checks.
Financial Aid disbursement dates are contingent upon the scheduled start date(s) of your classes and the number of units you are attending. Please refer to the 2009-10 Financial Aid Disbursement Dates listed below.
2009-10 Financial Aid Disbursement Dates
Fall 2009 and Spring 2010
Fall 2009 Pell Grants
Pell Grants are disbursed once each semester unless classes are added. |
| Disbursement Information |
Semester |
Date |
| Initial disbursement (Award based on number of units attending on the 1st day of classes) |
Fall 2009 |
09/16/09 |
| Disbursement for late start classes (attending before October 5, 2009) |
Fall 2009 |
10/19/09 |
| Disbursement for classes added the first week of school or late start classes (attending before November 5, 2009 for final disbursement) |
Fall 2009 |
11/18/09 |
| Disbursement if additional compensation is owed including late start classes |
Fall 2009 |
12/14/09 |
Spring 2010 Pell Grants
Pell Grants are disbursed once each semester unless classes are added. |
| Disbursement Information |
Semester |
Date |
| Initial disbursement (Award based on number of units attending on the 1st day of classes) |
Spring 2010 |
03/04/10 |
| Disbursement for late start classes (attending before March 15, 2010) |
Spring 2010 |
03/29/10 |
| Disbursement for classes added the first week of school or late start classes (attending before April 19, 2010 for final disbursement) |
Spring 2010 |
05/03/10 |
| Disbursement if additional compensation is owed including late start classes |
Spring 2010 |
06/09/10 |
Cal Grants
Cal Grants are disbursed once each semester. |
| Disbursement Information |
Semester |
Date |
| Fall 2009 Disbursement Date* |
Fall 2009 |
10/19/09 |
| Spring 2010 Disbursement Date* |
Spring 2010 |
03/29/10 |
Academic Competitive Grant (ACG)
Academic Competitive Grants are disbursed once each semester. |
| Disbursement Information |
Semester |
Date |
| Fall 2009 Disbursement Date* |
Fall 2009 |
11/18/09 |
| Spring 2010 Disbursement Date* |
Spring 2010 |
05/03/10 |
Federal Supplemental Educational Opportunity Grant (FSEOG)
Federal Supplemental Educational Opportunity Grants are disbursed once each semester. |
| Disbursement Information |
Semester |
Date |
| Fall 2009 Disbursement Date* |
Fall 2009 |
09/16/09 |
| Spring 2010 Disbursement Date* |
Spring 2010 |
03/04/10 |
Loans
Loans are disbursed once each semester |
| Disbursement Information |
Semester |
Date |
| Fall 2009 Disbursement Date* |
Fall 2009 |
09/16/09 |
| Spring 2010 Disbursement Date* |
Spring 2010 |
03/04/10 |
*Please refer to Pell Grant scheduled disbursement dates for alternate dates to receive Cal Grants, Academic Competitive Grants, Federal Supplemental Educational Opportunity Grants and loans if you missed the initial disbursement date.
Summer 2010 Pell Grants
Pell Grants are disbursed once during summer. |
| Disbursement Information |
Semester |
Date |
| Disbursement Date |
Summer 2010 |
08/11/10 |