Refund Dates

• Refund Date:
  This is the day when your refund money is scheduled to be sent to your chosen refund account.

• How It Works:
  Your funds will be wired through BankMobile Disbursements, a service powered by BMTX, Inc.

Refund Processing Times

• Disbursement Date vs. Refund Date:
  The date shown on Class-Web is when the funds are disbursed, not when you receive your refund.

• Processing Time:
  Refunds typically take about one week to process before the funds appear in your chosen refund account.

• Refund Options:
  If you do not select a refund option, a check will be mailed to your provided mailing address.

Late Start Classes and Financial Aid

• If you enroll in late-start classes, financial aid for those specific classes will not be disbursed until the week the classes begin.

Pell Grant Refund & Payment Information

• Determining Your Pell Grant Amount:

  • Your Pell grant amount depends on how many units you take.
  • Full-Time Enrollment (12+ units):
    You receive the full Pell grant award.
  • Less Than Full-Time:
    Your award is prorated based on the number of units you’re enrolled in.

• How the Refund Works:

  • Funds are released to BankMobile, which sends the money to your refund preference.
  • You will receive your refund the week after the disbursement date.

• Check Your Eligibility:

  • Use the Pell Grant Chart (link provided on the left) to see your eligibility.
  • The chart uses your Expected Family Contribution (EFC) and your units of enrollment.

• Payment Timing:

  • Once you complete your financial aid file, you will be paid on the Refund (Payment) date.

• Withdrawal & Repayment Rules (Return to Title IV):

  • If you withdraw after earning 60% or more of your Pell grant, you do not owe any repayment.
  • If you earn zero units (resulting in a 0 GPA) in a term, you may have to repay unearned funds—unless you can show you remained in class past the 60% point of the term.

Summer Year-Round Pell Grant Explained

Fall 2026

• Academic Calendar - Add/Drop dates

Refund Date	What to Expect
	**60% Point for Financial Aid

*October 14, 2024 is the ‘frozen enrollment date’ for fall Pell grants
If you add classes after this date, you will not receive a payment for the class(es).

Spring 2025

• Academic Calendar - Add/Drop dates

Refund Date	What to Expect
January 21, 2025	50% Pell Grant Returning Loans
February 18, 2025	100% Cal Grant 100% PROML 100% SSCG1L
March 17, 2025	50% Pell Grant 100% SEOGL 100% SSCG2L 2nd 50% spring Loans
April 04, 2025	**60% Point for Financial Aid

*March 17, 2025 is the ‘frozen enrollment date’ for spring Pell grants. Classes must be added no later than March 16th to be eligible for Payment.

Summer 2025

• Academic Calendar - Add/Drop dates

Refund Date	What to Expect
TBD	50% Pell Grant
TBD	50% Pell Grant

Please Note: _________ is the ‘frozen enrollment date’ for summer Pell grants