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Financial Aid Disbursement Schedule and Important Dates

MSJC’s Financial Aid Office aims to ensure that students are equipped with the tools and resources necessary in successfully navigating their academic journeys. Please see the table below for a list of important dates to be mindful of to ensure on time completion of all financial aid requirements: 

Important Dates 

Dates Action

NOW 

Submit your FREE Federal Student Aid (FAFSA) or California Dream Act (CADAA) Application 2022-2023 

May 18 

Deadline to submit all 2021-2022 verification documents   

June 30 

Last day to submit 2021-2022 FAFSA for students enrolled in Summer 2022 

July 14 

Last day to submit an SAP Appeal for Summer 2022   

October 1 

2023-2024 Financial Aid Applications become available! 

October 28 

Last day to submit a Fall 2022 SAP Appeal 

December 9

Deadline to submit Fall 2022 verification documents  

March 2 

2023-2024 Financial Aid Application Priority Deadline 

March 24 

Last day to submit a Spring 2023 SAP Appeal  

April 14 

Last day to submit 2022-2023 Family Contribution Appeal

May 17 

Deadline to submit Spring 2023 verification documents 

The table below will help you quickly access the date your financial aid will be processed. You will also find information on MSJC’s partnership with BankMobile to process any available refunds. Please review this information and contact the Financial Aid office or BankMobile with any questions relating to the disbursement of your financial aid funding. 

MSJC and BankMobile
MSJC has partnered with BankMobile to deliver your financial aid awards. This partnership and process is your key to faster financial aid disbursements and refunds.  For more information visit BankMobile.  If you have any questions or concerns about BankMobile, visit the BankMobile customer help page. You may also view the required disclosures and contract with BankMobile, a Division of Customer Bank.

2022-2023 Academic Year Disbursement Schedule

Summer 2022 Financial Aid Disbursement Schedule

Files Awarded By Date Funds Processed by BankMobile Please review the repayment policy before dropping any classes

June 17

Wednesday June 29

Major Disbursement: Pell Grant

July 1

Wednesday July 13

Supplemental Disbursement: 100% of Pell

July 15

Wednesday July 27

Supplemental Disbursement: 100% of Pell

Fall 2022 Financial Aid Disbursement Schedule

Files Awarded By Date Funds Processed by BankMobile Please review the repayment policy before dropping any classes

Friday Aug 12

Monday Aug 22 

1st Major Disbursement: Pell Grant & FSEOG

Friday Aug 26

Wednesday Sept 7

Supplemental Disbursement: increased units paid

Friday Sept 9 

Wednesday Sept 21 

Supplemental Disbursement

Friday Sept 23

Wednesday Oct 5

1st State Aid (Cal Grants & SSCG) and Supplemental Disbursement

Friday Oct 14

Wednesday Oct 26

2nd Major Disbursement: Pell Grant & FSEOG​

Friday Nov 4 

Wednesday Nov 16

Supplemental Disbursement: Late start classes - units paid

Friday Nov 18

Wednesday Nov 30

Supplemental Disbursement

Friday Dec 9

Wednesday Dec 21

Supplemental Disbursement

Spring 2023 Financial Aid Disbursement Schedule

Files Awarded By Date Funds Processed by BankMobile Please review the repayment policy before dropping any classes

Friday Jan 13 

Monday Jan 23 

1st Major Disbursement: Pell Grant & FSEOG

Friday Jan 27

Wednesday Feb 8

Supplemental Disbursement: increased units paid

Friday Feb 10

Wednesday Feb 22 

Supplemental Disbursement

Friday Feb 24

Wednesday Mar 8 

1st State Aid (Cal Grants & SSCG) and Supplemental Disbursement

Friday Mar 17

Wednesday Mar 29

2nd Major Disbursement: Pell Grant & FSEOG​

Friday Apr 28 

Wednesday May 10

Supplemental Disbursement: Late start classes - units paid

Friday May 19

Wednesday May 31

Supplemental Disbursement

Any grants you are eligible for are automatically accepted on your behalf.  As a condition of receipt of any federal or state financial aid funds, you agree and accept the Terms and Conditions. If you wish to decline any funds, please contact the financial aid office.

Pell Grants are disbursed in two equal payments, highlighted as major disbursements on the schedule for each term. Supplemental disbursements are provided if you have not received any funds during the major disbursement dates. 

Please note that student payments are contingent to meeting Federal Satisfactory Academic Progress

Offer letters reflect the maximum amount of funds available to you and are based on full-time enrollment status. If you are enrolled less than full-time, your disbursement will be adjusted in accordance with federal regulations based on your current enrollment status. The disbursement amounts allowed are available in the table below. 

​​Enrollment ​​Title IV Units Required ​​Eligibility

​​Full-Time

12 or more units

​100% of award letter amount for the semester

​Three-Quarter Time

​ 9 - 11.5

​75% of award letter amount for the semester

​Half-Time 

​6 - 8.5

​50% of award letter amount for the semester

​Less Than Half-Time

1 - 5.5

​​Eligibility varies