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:
MSJC and BankMobile Disbursements
MSJC delivers your refund with BankMobile Disbursements, a technology solution, powered by BMTX, Inc. Visit this link for more information: https://bankmobiledisbursements.com/refundchoices/. If you have a BankMobile Disbursements profile at another school, that profile is not valid at MSJC, you will need to create a profile with BankMobile Disbursements for MSJC.
To view our third-party servicer contract for refund management, click here.
Important Dates
Dates | Action |
---|---|
NOW |
Submit your FREE Federal Student Aid (FAFSA) or California Dream Act (CADAA) Application 2023-2024 |
April 14, 2023 | Last day to submit 2022-2023 Family Contribution Appeal |
May 17, 2023 | Deadline to submit Spring 2023 verification documents |
July 13, 2023 | Deadline to submit Summer 2023 SAP Appeal |
November 16, 2023 | Deadline to submit Fall 2023 SAP Appeal |
December 2023 | Submit your FREE Federal Student Aid (FAFSA) or California Dream Act (CADAA) Application 2024-2025 |
March 2, 2024 | 2024-2025 Financial Aid Application Priority Deadline |
April 18, 2024 | Last day to submit SAP Appeal for Spring 2024 |
April 18, 2024 | Last day to submit Family Contribution Appeal for Spring 2024 |
The table below will help you quickly access the date your financial aid will be processed. Please review this information and contact the Financial Aid office with any questions relating to the disbursement of your financial aid funding.
2024-2025 Academic Year Disbursement Schedule
Fall 2024 Financial Aid Disbursement Schedule
Files Awarded by | Disbursement Date | Please review the repayment policy before dropping any classes |
---|---|---|
Friday Aug 9 | Monday Aug 19 | 1st Major Disbursement |
Friday Aug 16 |
NA |
Scholarships will be processed |
Friday Aug 23 | Wednesday Sept 4 | Supplemental Disbursement |
Friday Aug 30 | NA | Scholarships will be processed |
Friday Sept 6 | Wednesday Sept 18 | Supplemental Disbursement |
Friday Sept 13 |
NA |
Scholarships will be processed |
Friday Sept 20 | Wednesday Oct 2 | Supplemental Disbursement |
Friday Sept 27 | N/A | Scholarships will be processed |
Friday Oct 4 | Wednesday Oct 16 | Cal Grant & SSCG Disbursement |
Friday Oct 11 | Wednesday Oct 23 | 2nd Major Disbursement |
Friday Oct 18 | NA | Scholarships will be processed |
Friday Oct 25 | Wednesday Nov 6 | Supplemental Disbursement |
Friday Nov 1 | NA | Scholarships will be processed |
Friday Nov 8 | Wednesday Nov 20 | Supplemental Disbursement |
Friday Nov 15 | NA | Scholarships will be processed |
Friday Nov 22 | Wednesday Dec 4 | Supplemental Disbursement |
Friday Dec 6 | N/A | Scholarships will be processed |
Friday Dec 13 | Tuesday Dec 24 | Supplemental Disbursement |
Spring 2025 Financial Aid Disbursement Schedule
Files Awarded by | Disbursement Date | Please review repayment policy before dropping any classes |
---|---|---|
Friday Jan 10 | Tuesday Jan 21 | 1st Major Disbursement |
Friday Jan 17 | NA | Scholarships will be processed |
Friday Jan 24 | Wednesday Feb 5 | Supplemental Disbursement |
Friday Jan 31 | NA | Scholarships will be processed |
Friday Feb 7 |
Wednesday Feb 19 | Supplemental Disbursement |
Friday Feb 14 | NA | Scholarships will be processed |
Friday Feb 21 | Wednesday Mar 5 | Supplemental Disbursement |
Friday Feb 28 | NA | Scholarships will be processed |
Friday Mar 7 | Wednesday Mar 19 | Cal Grant & SSCG Disbursement |
Friday Mar 14 | Wednesday Mar 26 | 2nd Major Disbursement |
Friday Mar 21 | NA | Scholarships will be processed |
Friday Mar 28 | Wednesday April 9 | Supplemental Disbursement |
Friday April 4 | NA | Scholarships will be processed |
Friday April 11 | Wednesday April 23 | Supplemental Disbursement |
Friday April 18 | NA | Scholarships will be processed |
Friday April 25 | Wednesday May 7 | Supplemental Disbursement |
Friday May 9 |
NA | Scholarships will be processed |
Friday May 16 | Wednesday May 28 | Supplemental Disbursement |
Additional Information about Your Disbursement
The California College Promise Grant (CCPG) is a financial resource available to help
you meet your educational expenses and may appear on your award letter. This is not
cash award. If you have already paid your registration fees, you may be eligible for
a refund. You must contact Enrollment Services to see if you are eligible for refund.
Financial aid funds are generally not available at the beginning of each semester. Disbursements usually begin approximately 1 week after classes begin. However, not all students will receive funds on every disbursement date. Disbursement dates are determined based on the student’s FAFSA/CADAA completion date, the date all required tasks are completed, student enrollment status and eligibility status. Students are encouraged to be prepared to pay for books and supplies out of their own resources.
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.
You will only be paid for classes you are actively attending and that are eligible for grant and/or loan funding. Offer letters reflect the maximum amount of funds available to you and are based on full-time enrollment intensity.
If you are enrolled less than full-time, your disbursement will be adjusted in accordance with federal regulations based on your current enrollment intensity. The disbursement amounts allowed are available in the table below.
Enrollment Intensity
Awards are based on enrollment intensity; however, enrollment status calculation for 2023-2024 academic year differs from that of 2024-2025 academic year. Students are not necessarily required to enroll in full-time to receive aid. If students are enrolled in less than full-time for the semester, disbursements will be adjusted in accordance with the enrollment intensity.
Credit Hours | Enrollment Intensity (New) |
Enrollment Category (Old) |
---|---|---|
12 (or more) | 100% | Full-Time |
11 | 92% | Three-Quarter Time |
10 | 83% | |
9 | 75% | |
8 | 67% | Half-Time |
7 | 58% | |
6 | 50% | |
5 | 42% | Less-than-Half-Time |
4 | 33% | |
3 | 25% | |
2 | 17% | |
1 | 8% |
Monday – Thursday: 8:30 AM - 5:00 PM
Friday: Closed
*In-person services are not available at the Temecula Valley Campus at this time.
Reach us by phone at 951-465-7891 or email finaid@msjc.edu