Disbursements & Refund Dates
We have partnered with BankMobile & Vibe to help deliver your refund as fast as possible. Refund choices include:
- DEPOSIT TO AN EXISTING ACCOUNT – Money is transferred to an existing account the same business day we receive funds from your school. Typically, it takes 1- 2 business days to credit the money to your account.
- DEPOSIT TO A BANKMOBILE VIBE CHECKING ACCOUNT – If you open a BankMobile Vibe Checking Account (upon identity verification), money is deposited the same business day we receive funds from your school
Choose your BankMobile Refund Option
- If you choose "Deposit to an Existing Account", login to see your Bankmobile account settings here!
- If you chose a BankMobile Vibe Checking Account, download the BankMobile Vibe App or login online here!
Personal Code
Be on the look out for a letter in the mail or an email to your Zonemail regarding a personal code to set up your refund preference!
*If your personal code does not work, please contact our office!
Check this page out for more infor on refund choices & steps to get started!
Refund Dates
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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.
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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 after the disbursement date 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.
- If you enroll in late-start classes, financial aid for those specific classes will not be disbursed until the week the classes begin
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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.
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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.
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Payment Timing:
- Once you complete your financial aid file, you will be paid on the Refund (Payment) date.
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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.
| Refund Date | What to Expect |
|---|---|
| January 21, 2025 |
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| February 18, 2025 |
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| March 17, 2025 |
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| 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.
| Refund Date | What to Expect |
|---|---|
| TBD |
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| TBD |
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*_________ is the ‘frozen enrollment date’ for Summer Pell grants
| Refund Date | What to Expect |
|---|---|
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| **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).
Financial Aid Office
Federal School Code: 030357
Building 1600, Second Floor
Room 1650
(925) 424-1580
lpcfinaid@laspositascollege.edu
*Please email from your Zonemail & include your W#!
Spring 2025 Office Hours
Our after-hours DROPBOX is in the hallway between the Admissions & Financial Aid Offices.
Frequently Asked Questions (FAQ)
Financial Aid TV
Financial Aid TV En Español