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 business 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.
 
 

​Summer 2014

Summer Pell Grants are disbursed if the student has remaining Pell Grant entitlement AND the student maintains Satisfactory Academic Progress AND the student is enrolled AND the student's summer classes have begun.

No funds will be disbursed until ALL student's academic progress has been evaluated.  This will occur after all Spring grades have been posted.​

July 16, 2014​ First Summer Grant Disbursement; First Summer Loan Disbursement                                       
​July 30, 2014 ​Grant Disbursement; Loan Disbursement; Summer Only 2nd Loan Disbursement*
​August 5, 2014 ​Grant Disbursement; Last 2013-14 Loan Disbursement
​September 22, 2014 ​Grant Disbursement
​October 14, 2014 Last 2013-14 ​​Grant Disbursement
​ ​

Fall 2014

August 27, 2014​ First Fall Disbursement
​September 10, 2014 ​Disbursement
​October 1, 2014 ​First Year First Time Borrower** Disbursement; First Fall Cal Grant Disbursement; Disbursement
​October 22, 2014 Disbursement
November 12, 2014​ ​Second Fall Disbursement
​December 12, 2014 ​Disbursement; Last Fall Only Loan Disbursement
​January 21, 2015 ​Grant Disbursement
​ ​

Spring 2015​

February 11, 2015​ ​First Spring Disbursement
​March 4, 2015 ​Disbursement
​March 25, 2015 ​First Year First Time Borrower** Disbursement; First Spring Cal Grant Disbursement; Disbursement
​April 15, 2015 ​Disbursement
April 29, 2015 Second ​Spring Disbursement
​June 3, 2015 Disbursement; Last Spring Only Loan Disbursement
​ ​

​Summer 2015

Summer Pell Grants are disbursed if the student has remaining Pell Grant entitlement AND the student maintains Satisfactory Academic Progress AND the student is enrolled AND the student's summer classes have begun.
 
No funds will be disbursed until ALL student's academic progress has been evaluated.  This will occur after all Spring grades have been posted.​
 
July 15, 2015​ ​First Summer Disbursement
​July 29, 2015 ​Second Summer Disbursement
​August 19, 2015 Last Summer Loan Disbursement; Disbursement
​September 14, 2015 ​Disbursement
October 12, 2015 Disbursement
​ ​

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 or term.