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.
 
In order to receive your grant disbursement on the published date your financial aid eligibility must already be determined at least 10 business days before the published disbursement date.
 
Grant and loan funds are disbursed according to the preference selected on www.refundselection.com.
 

Fall and Spring Pell Grants 

Fall and Spring Pell grants are disbursed in two payments per semester. Your first Pell grant disbursement will be based upon your enrollment status (full time, three-quarter time, half-time, or less than half time) at the time funds are ordered from the U.S. Department of Education. Your enrollment status will be reevaluated and adjustments to your Pell grant disbursement will be made based on your enrollment status as of the time funds are ordered for your second disbursement (recalculation date/freeze date).  You may be required to repay all or a portion of the money you receive if you withdraw from any or all of your classes. Adjustments to Pell grant disbursements will no longer be made after the second scheduled disbursement.
 

Fall and Spring SEOG and State Grants (Cal Grant, SSCG) 

Fall and Spring SEOG and State Grants (Cal Grant, SSCG) are disbursed based upon your enrollment status (full time, three-quarter time, half-time, or less than half time) at the time funds are ordered from the U.S. Department of Education, the California Student Aid Commission and the state.  Adjustments to SEOG and state grant disbursements will no longer be made after the second scheduled disbursement.
 

Summer Grants 

Summer Grants are limited to the Federal Pell grant and occasionally if funding permits, the SEOG.  Summer SEOG grants are only available if funding remains for the SEOG program after Fall and Spring.  There are no State Grants disbursed in Summer.
 
Summer Pell grants are disbursed in one payment for the semester Your Summer Pell grant disbursement will be based upon your enrollment status (full time, three-quarter time, half-time, or less than half time) at the time funds are ordered from the U.S. Department of Education.  No adjustments will be made due to changes in enrollment status; therefore, units added after funds are ordered will not be counted. 
   

Disbursements for Late Start Classes 

Disbursement of Grant and Loan Funds for LATE START classes.  Federal regulations REQUIRE that College of the Canyons disburse financial aid funds ONLY for classes that have already begun.  If you are enrolled in classes that begin later in the term, you WILL NOT receive federal grant or loan funds for those classes until after they have started.  If you are borrowing student loans, you WILL NOT receive your loan funds until you have BEGUN ATTENDING at least 6.0 units (half-time).
 
 
 

​Summer 2018

 
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 3, 2018​ ​First Summer Loan Disbursement;
July 18, 2018
First Year First Time Loan Borrower** Disbursement; 
Disbursement
August 1, 2018​ ​Disbursement; 2nd Summer Loan Disbursement​
August 29, 2018​ ​Disbursement
​September 19, 2018 ​Disbursement
October 10, 2018​ ​Last Disbursement of the 2017-2018 award year
 

Fall 2018​

August 23, 2018​ First Fall Disbursement (Pell Grant and Loans)
​September 26, 2018
First Year First Time Loan Borrower** Disbursement;
First Fall State Grant Disbursement (Cal Grant, SSCG); 
First Fall SEOG Disbursement; 
Disbursement
​October 17, 2018 Disbursement
​November 7, 2018 Disbursement
November 14, 2018 ​Second Fall Disbursement
​December 7, 2018
​Disbursement;
Last Fall Only Loan Disbursement
​January 16, 2019 ​Grant Disbursement
​ ​

Spring 2019

February 6, 2019​ First Spring Disbursement (Pell Grant and Loans)
​March 6, 2019
​First Year First Time Loan Borrower** Disbursement;
First Spring State Grant Disbursement (Cal Grant, SSCG);
First Spring SEOG Disbursement; 
Disbursement
​March 27, 2019 Disbursement
​April 17, 2019 ​Disbursement
May 8, 2019 Second ​Spring Disbursement
​May 29, 2019
​Disbursement;
Last Spring Only Loan Disbursement
​ ​

​Summer 2019

 
No funds will be disbursed until ALL student's academic progress has been evaluated.  This will occur after all Spring grades have been posted.​
 
June 26, 2019​ ​First Summer Loan Disbursement;
July 17, 2019
First Year First Time Loan Borrower** Disbursement; 
Disbursement
August 7, 2019​ ​Disbursement; 2nd Summer Loan Disbursement​
​September 4, 2019 ​Disbursement
October 2, 2019​ ​Last Disbursement of the 2018-2019 award year
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.