Grant and Loan Disbursement Dates
Please be advised dates are subject to change without notice. In order to receive your loan disbursement on the published date you must complete steps 1-3 of the loan application process 10 days before the published disbursement date. Grant and loan funds are disbursed according to the preference selected on www.canyonschoicecard.com. Grant award amounts are prorated based on units enrolled in at the time funds are ordered from the U.S. Department of Education . There are NO ADJUSTMENTS made to grant disbursements due to enrollment changes AFTER funds have been ordered. |
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Fall 2012 |
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September 5, 2012 |
First Fall Loan Disbursement |
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September 19, 2012 |
First Fall Grant Disbursement; Loan Disbursement |
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October 3, 2012 |
First Year First Time Borrower** Disbursement; Grant Disbursement; Loan Disbursement |
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October 17, 2012 |
Grant Disbursement; Loan Disbursement |
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October 31, 2012 |
Fall Only Second Loan Disbursement*; Grant Disbursement; Loan Disbursement |
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| November 20, 2012 | Grant Disbursement; Loan Disbursement | ||
| December 12, 2012 | Grant Disbursement; Loan Disbursement | ||
| January 23, 2013 | Grant Disbursement; Loan Disbursement | ||
Spring 2013 |
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February 13, 2013 |
First Spring Loan Disbursement |
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February 27, 2013 |
First Spring Grant Disbursement; Loan Disbursement |
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March 13, 2013 |
First Year First Time Borrower** Disbursement; Grant Disbursement; Loan Disbursement |
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March 27, 2013 |
Grant Disbursement; Loan Disbursement |
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April 17, 2013 |
Spring Only Second Loan Disbursement*; Grant Disbursement; Loan Disbursement |
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| April 30, 2013 | Grant Disbursement; Loan Disbursement | ||
| May 22, 2013 | Grant Disbursement; Loan Disbursement | ||
| June 11, 2013 | Grant Disbursement; Loan Disbursement | ||
Summer 2013 |
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July 17, 2013 |
First Summer Grant Disbursement; First Summer Loan Disbursement |
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July 24, 2013 |
Grant Disbursement; Loan Disbursement; Summer Only Second Loan Disbursement* |
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August 7, 2013 |
Grant Disbursement; Loan Disbursement |
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Fall 2013 |
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September 4, 2013 |
First Fall Loan Disbursement |
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September 25, 2013 |
First Fall Grant Disbursement; Loan Disbursement |
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October 9, 2013 |
First Year First Time Borrower** Disbursement; Grant Disbursement; Loan Disbursement |
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October 23, 2013 |
Grant Disbursement; Loan Disbursement |
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November 6, 2013 |
Fall Only Second Loan Disbursement*; Grant Disbursement; Loan Disbursement |
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| November 20, 2013 | Grant Disbursement; Loan Disbursement | ||
| December 10, 2013 | Grant Disbursement; Loan Disbursement | ||
| January 22, 2014 | Grant Disbursement; Loan Disbursement | ||
Spring 2014 |
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February 19, 2014 |
First Spring Loan Disbursement |
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March 12, 2014 |
First Spring Grant Disbursement; Loan Disbursement |
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March 26, 2014 |
First Year First Time Borrower** Disbursement; Grant Disbursement; Loan Disbursement |
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April 9, 2014 |
Grant Disbursement; Loan Disbursement |
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April 23, 2014 |
Spring Only Second Loan Disbursement*; Grant Disbursement; Loan Disbursement |
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| May 7, 2014 | Grant Disbursement; Loan Disbursement | ||
| May 21, 2014 | Grant Disbursement; Loan Disbursement | ||
| June 4, 2014 | Grant Disbursement; Loan Disbursement | ||
Summer 2014 |
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July 16, 2014 |
First Summer Grant Disbursement; First Summer Loan Disbursement |
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July 30, 2014 |
Grant Disbursement; Loan Disbursement; Summer Only Second Loan Disbursement* |
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August 13, 2014 |
Grant Disbursement; Loan Disbursement |
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Federal regulations require that any school with a Cohort Default Rate above 10%: *Must make two disbursements of a loan that is certified or originated for a single term. The second disbursement may not be paid until the calendar midpoint of the term. **Must delay the initial loan disbursement to all First Year/First Time borrowers by 30 days from the start of the semester. |
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