BankMobile Disbursements, Refund Dates, & Example Award Letter
Las Positas College has partnered with BankMobile Disbursements to deliver financial aid refunds and other credit balances to students. We are committed to delivering 100% of students’ refunds, providing students with clear choices and offering great customer service.
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 AN OPTIONAL BANKMOBILE VIBE CHECKING ACCOUNT – If you open an optional 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 (personal bank account)," login to see your Bankmobile account settings here!
- If you chose the OPTIONAL BankMobile Vibe Checking Account, download the BankMobile Vibe App or login online here!
Personal Code
Be on the look out for a GREEN envelop 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!
Refund Dates
-
Refund Date:
This is the day when your refund money is scheduled to be sent to BankMobile and then into your chosen refund account the following week. -
How It Works:
Your funds will be wired through BankMobile Disbursements, a service powered by BMTX, Inc.
-
Disbursement Date vs. Refund Date:
The date shown on MyPortal is when the funds are released to BankMobile, 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 with BankMobile. -
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
-
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.
-
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.
- 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.
| Refund Date | What to Expect |
|---|---|
| Released on August 18, 2025 & into your account the following week |
|
| Released on September 15, 2025 & into your account the following week |
|
| Released on October 13, 2025 & into your account the following week |
|
| October 28, 2025 | *60% Point for Financial Aid drop after and not owe funds back |
*October 13, 2025 is the ‘freeze date’ for fall Pell grants. If you add classes after this date, you will not receive a payment for the class(es).
| Refund Date | What to Expect |
|---|---|
| Released on December 22, 2025 and into your account the following week Tuesday 12/30/25 |
|
| Released on January 05, 2026 and into your account the following week Tuesday 01/13/26 |
|
| *01/05/2026 is the ‘freeze date’ for winter Pell grants. If you add classes after this date, you will not receive a payment for the class(es). | |
| Refund Date | What to Expect |
|---|---|
| Released on January 20, 2026 and into your account the following week Tuesday 01/27/26 |
|
| Released on February 17, 2026 and into your account the following week Tuesday 02/24/26 |
|
| Released on March 16, 2026 and into your account the following week Tuesday 03/24/26 |
|
| 04/04/2026 |
|
*03/16/2026 is the ‘freeze date’ for spring Pell grants
If you add classes after this date, you will not receive a payment for the class(es).
| Refund Date | What to Expect |
|---|---|
| TBD | To Be Determined |
|
|
|
|
|
|
| 60% Point for Financial Aid |
*TBD is the ‘freeze date’ for fall Pell grants
If you add classes after this date, you will not receive a payment for the class(es).
Important Links
Financial Aid Office
Federal School Code: 030357
Building 1600, Second Floor
Room 1650
(925) 424-1580
Fax (925) 449-6038
lpcfinaid@laspositascollege.edu
*Please email from your Zonemail & include your W#!
Office / Window Hours
(hours subject to change)
Our after-hours DROPBOX is in the hallway between the Admissions & Financial Aid Offices.
Financial Aid TV
Financial Aid TV En Español