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.
Fall 2012
September 5, 2012	First Fall Loan Disbursement
September 19, 2012	First Fall Grant Disbursement; Loan Disbursement
October 3, 2012	First Year First Time Borrower** Disbursement; Grant Disbursement; Loan Disbursement
October 17, 2012	Grant Disbursement; Loan Disbursement
October 31, 2012	Fall Only Second Loan Disbursement*; Grant Disbursement; Loan Disbursement
November 20, 2012	Grant Disbursement; Loan Disbursement
December 12, 2012	Grant Disbursement; Loan Disbursement
January 23, 2013	Grant Disbursement; Loan Disbursement

Spring 2013
February 13, 2013	First Spring Loan Disbursement
February 27, 2013	First Spring Grant Disbursement; Loan Disbursement
March 13, 2013	First Year First Time Borrower** Disbursement; Grant Disbursement; Loan Disbursement
March 27, 2013	Grant Disbursement; Loan Disbursement
April 17, 2013	Spring Only Second Loan Disbursement*; Grant Disbursement; Loan Disbursement
April 30, 2013	Grant Disbursement; Loan Disbursement
May 22, 2013	Grant Disbursement; Loan Disbursement
June 11, 2013	Grant Disbursement; Loan Disbursement

Summer 2013
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 students' academic progress has been evaluated. This will occur after all Spring grades have been posted.
July 17, 2013	First Summer Grant Disbursement; First Summer Loan Disbursement
July 24, 2013	Grant Disbursement; Loan Disbursement; Summer Only Second Loan Disbursement*
August 7, 2013	Grant Disbursement; Loan Disbursement

Fall 2013
September 4, 2013	First Fall Loan Disbursement
September 25, 2013	First Fall Grant Disbursement; Loan Disbursement
October 9, 2013	First Year First Time Borrower** Disbursement; Grant Disbursement; Loan Disbursement
October 23, 2013	Grant Disbursement; Loan Disbursement
November 6, 2013	Fall Only Second Loan Disbursement*; Grant Disbursement; Loan Disbursement
November 20, 2013	Grant Disbursement; Loan Disbursement
December 10, 2013	Grant Disbursement; Loan Disbursement
January 22, 2014	Grant Disbursement

Spring 2014
February 19, 2014	First Spring Loan Disbursement
March 12, 2014	First Spring Grant Disbursement; Loan Disbursement
March 26, 2014	First Year First Time Borrower** Disbursement; Grant Disbursement; Loan Disbursement
April 9, 2014	Grant Disbursement; Loan Disbursement
April 23, 2014	Spring Only Second Loan Disbursement*; Grant Disbursement; Loan Disbursement
May 7, 2014	Grant Disbursement; Loan Disbursement
May 21, 2014	Grant Disbursement; Loan Disbursement
June 4, 2014	Grant Disbursement; Loan Disbursement

Summer 2014
July 16, 2014	First Summer Grant Disbursement; First Summer Loan Disbursement
July 30, 2014	Grant Disbursement; Loan Disbursement; Summer Only Second Loan Disbursement*
August 13, 2014	Grant Disbursement; Loan 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.

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Grant and Loan Disbursement Dates