Financial Aid 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. Student loans are disbursed in TWO PAYMENTS per semester.

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 or on the recalculation date/freeze date (if the recalculation date differs from the order date) or on the students' last day of attendance, whichever occurs first.

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 (or recalculation date, if the recalculation date differs from the order date).

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 Financial Aid

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

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 2024 grants are disbursed in one payment for the semester. Your Summer 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.

Summer 2025 and Summer 2026 grants will be disbursed in two payment for the 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 or on the recalculation date/freeze date (if the recalculation date differs from the order date) or on the students' last day of attendance, whichever occurs first.

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 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).

Fall 2025 Disbursement Dates

Fall 2025 Disbursement Dates
Disbursement Date	Disbursed
August 27, 2025	First Fall Disbursement (Pell Grant and Loans); First Year First Time Loan Borrower** Disbursement;
September 17, 2025	First Fall SEOG Disbursement; First Fall State Grant Disbursement (Cal Grant, SSCG); Disbursement
October 8, 2025	Disbursement;
October 22, 2025	Disbursement;
November 12, 2025	Disbursement;
November 26, 2025	Second Fall Disbursement; Disbursement;
December 10, 2025	Last Fall Only Loan Disbursement Disbursement
January 21, 2026	Disbursement;

Spring 2026 Disbursement Dates

Spring 2026 Disbursement Dates
Disbursement Date	Disbursed
February 11, 2026	First Spring Disbursement (Pell Grant and Loans); First Year First Time Loan Borrower** Disbursement (Spring Only Loans);
March 4, 2026	First Spring SEOG Disbursement; First Spring State Grant Disbursement (Cal Grant, SSCG); Disbursement
March 25, 2026	Disbursement
April 15, 2026	Disbursement
May 6, 2026	Disbursement
May 20, 2026	Second Spring Disbursement; Disbursement
June 3, 2026	Last Spring Only or Fall/Spring Loan Disbursement Disbursement

Summer 2026 Disbursement Dates

Summer 2026 Disbursement Dates
Disbursement Date	Disbursed
July 1, 2026	First Summer Disbursement (Pell Grant and Loans); First Year First Time Loan Borrower** Disbursement; Disbursement
July 22, 2026	Disbursement
August 12, 2026	Second Summer Loan Disbursement; Last Summer Loan Disbursement; Disbursement
September 9, 2026	Disbursement
September 30, 2026	Last Grant Disbursement of the 2025-2026 Award Year

Fall 2024 Disbursement Dates

Fall 2024 Disbursement Schedule
Disbursement Date	Disbursed
August 21, 2024	First Fall Disbursement (Pell Grant and Loans); First Year First Time Loan Borrower** Disbursement;
September 18, 2024	First Fall SEOG Disbursement; First Fall State Grant Disbursement (Cal Grant, SSCG); Disbursement
October 9, 2024	Disbursement;
October 30, 2024	Disbursement;
November 20, 2024	Second Fall Disbursement; Disbursement;
December 3, 2024	Last Fall Only Loan Disbursement Disbursement
January 15, 2025	Disbursement;

Spring 2025 Disbursement Dates

Spring 2025 Disbursement Schedule
Disbursement Date	Disbursed
February 12, 2025	First Spring Disbursement (Pell Grant and Loans); First Year First Time Loan Borrower** Disbursement;
March 5, 2025	First Spring SEOG Disbursement; First Spring State Grant Disbursement (Cal Grant, SSCG); Disbursement
March 26, 2025	Disbursement;
April 16, 2025	Disbursement;
May 7, 2025	Disbursement;
May 21, 2025	Second Spring Disbursement; Disbursement;
June 4, 2025	Last Spring Only or Fall/Spring Loan Disbursement Disbursement

Summer 2025 Disbursement Dates

Summer 2025 Disbursement Schedule
Disbursement Date	Disbursed
July 2, 2025	First Summer Disbursement (Pell Grant and Loans); First Year First Time Loan Borrower** Disbursement; Disbursement
July 23, 2025	Disbursement;
August 13, 2025	Second Summer Disbursement; Last Summer Loan Disbursement; Disbursement
September 10, 2025	Disbursement;
October 1, 2025	Last Grant Disbursement of the 2023-2024 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.

The Cohort Default Rate for College of the Canyons is below 10%; therefore, beginning with the 2021-2022 Award Year, the initial loan disbursement to First Year/First Time borrowers will not be delayed by 30 days from the start of the semester or term.