Financial Aid Refund (Payment) Dates

‘Refund date’ is the date funds are scheduled to be wired to your selected refund preference through BankMobile Disbursements, a technology solution, powered by BMTX, Inc.

IMPORTANT! Late Start Classes and Financial Aid - When you enroll into late-start classes, you will not receive financial aid for those specific classes until the week the classes begin.

Your actual refund (Pell grant payment) amount is based on your units of enrollment.  You receive the full award only if you are enrolled full-time (12 or more units). Your award is prorated if your enrollment is less than full-time at the time your funds are authorized.

The funds are released to BankMobile and BankMobile releases the funds to your refund preference. It will always be the following week from the disbursement date.

Please see the Pell Grant Chart link to the left to determine your pell grant eligibility based on your Expected Family Contribution and your units of enrollment.

*Students will be paid on the Refund (Payment) date after completing their financial aid file.

**If a student withdraws after they have earned 60% of their grant, the student does not owe any repayment. Students who earn no units in a term with a zero grade point average (GPA) are subject to the same repayment regulations unless the student can document that they remained in class past the 60% point of the term. The repayment regulations are referred to as 'Return to Title IV.'

Summer Year-Round Pell Grant Explained

Fall 2024

• Academic Calendar - Add/Drop dates

Refund Date	What to Expect
August 19, 2024 payment released and in your account the week of August 26.	50% Pell Grant
September 03, 2024	Census Date
September 16, 2024 payment released and in your account the week of September 9.	100% Cal Grant 100% PROML 100% SSCG1L
October 14, 2024	50% Pell Grant 100% SEOGL 100% SSCG2L
October 29, 2024	**60% Point for Financial Aid

Please Note: October 14, 2024 is the ‘frozen enrollment date’ for fall Pell grants
If you add classes after this date, you will not receive a payment for the class(es).

Spring 2025

• Academic Calendar - Add/Drop dates

Refund Date	What to Expect
January 21, 2025	50% Pell Grant Returning Loans
February 18, 2025	100% Cal Grant 100% PROML 100% SSCG1L
March 17, 2025	50% Pell Grant 100% SEOGL 100% SSCG2L 2nd 50% spring Loans
April 04, 2025	**60% Point for Financial Aid

Please Note: March 17, 2025 is the ‘frozen enrollment date’ for spring Pell grants. Classes must be added no later than March 16th to be eligible for Payment.

Summer 2025

• Academic Calendar - Add/Drop dates

Refund Date	What to Expect
TBD	50% Pell Grant
TBD	50% Pell Grant

Please Note: _________ is the ‘frozen enrollment date’ for summer Pell grants