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 or on the recalculation date/freeze date (if the recalculation date differs from the order 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 (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 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.

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).

  • Disbursement Date Disbursed
    July 1, 2020 First Summer Disbursement (Pell Grant and Loans), 
    July 22, 2020

    First Year First Time Loan Borrower** Disbursement; 
    Disbursement

    August 12, 2020

    Second Summer Loan Disbursement;
    Disbursement

    September 9, 2020 Disbursement
    September 30, 2020

    Last Disbursement of the 2019-2020 Award Year

  • Disbursement Date Disbursed
    August 26, 2020 First Fall Disbursement (Pell Grant and Loans)
    September 23, 2020 First Year First Time Loan Borrower** Disbursement; 
    First Fall State Grant Disbursement (Cal Grant, SSCG); 
    First Fall SEOG Disbursement; 
    Disbursement
    October 7, 2020 Disbursement
    November 4, 2020 Disbursement
    November 18, 2020

    Second Fall Disbursement; 
    Last Fall Only Loan Disbursement

    January 20, 2021 Disbursement
  • Disbursement Date Disbursed
    February 10, 2021 First Spring Disbursement (Pell Grant and Loans)
    March 3, 2021 Disbursement
    March 24, 2021 First Year First Time Loan Borrower** Disbursement; 
    First Spring State Grant Disbursement (Cal Grant, SSCG); 
    First Spring SEOG Disbursement; 
    Disbursement
    April 21, 2021 Disbursement
    May 19, 2021

    Second Spring Disbursement; 

    June 2, 2021

    Last Spring Only Loan Disbursement;
    Disbursement

  • Disbursement Date Disbursed
    June 30, 2021 First Summer Disbursement (Pell Grant and Loans), 
    July 21, 2021 First Year First Time Loan Borrower** Disbursement; 
    Disbursement
    August 18, 2021 Second Summer Loan Disbursement;
    Last Summer Loan Disbursement;
    Disbursement
    September 29, 2021

    Last Grant Disbursement of the 2020-2021 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.