Disbursement Schedule
All financial aid funds are disbursed on scheduled dates each term. Scheduled dates represents the major disbursement dates for our aid programs each term, but disbursements are processed on a weekly bases thereafter, to adjust payments for students who add or drop units prior to the enrollment freeze date, which occurs before the second Pell disbursement.
As long as you are enrolled in an eligible program and your file is complete, you will receive two disbursements of Federal Grant aid each semester, based on your enrollment level and classes actively in session. If you are enrolled in a class that is due to start on a future date, it will be paid when your attendance begins.
Federal grant aid (includes Pell Grant and Supplemental Educational Opportunity Grant). Federal Direct Loans are also disbursed in two payments based on the approved loan period. Cal Grant funds and Full-Time Incentive Grant funds will be disbursed at the beginning of the semester.
All disbursed financial aid (grants, federal student loans, and scholarships) will be first applied towards current institutional fees you may owe Cañada College, College of San Mateo or Skyline College such as enrollment fees, health fees and nonresident tuition. For the majority of students, your financial aid award is generally more than the amount owed, and you will be paid the remaining balance, commonly referred to as a financial aid refund.
Census Date:
The census date typically marks the end of the add/drop period for the semester. This is the date a school takes a "snapshot" of all students' enrollment to establish the official enrollment for reporting purposes and financial aid eligibility.
Changing your enrollment before the census date may have implications to your financial aid disbursement. Please be sure to check with the Financial Aid Office if you're considering making changes to your schedule. To find out the census date of your enrolled term, please visit the Academic Calendar.
2023-2024 Disbursement Schedule
Fund |
Fall 2023 |
Spring 2024 |
Summer 2024
|
|---|---|---|---|
| Scholarships | August 3, 2023 | January 5, 2024 | |
| Pell Grant, SEOG | August 11, 2023 September 8, 2023 |
January 11, 2024 February 9, 2024 |
June 6, 2024 |
| Cal Grant, SSCG | September 8, 2023 | February 9, 2024 | |
| Direct Loans* – Full Year Loan Period | August 11, 2023 | January 11, 2024 | June 6, 2024 |
| Direct Loan* - One Semester Loan Period | Fall Only Loan: August 11, 2023 October 20, 2023 |
Spring Only Loan: January 11, 2024 March 22, 2024 |
Summer Only Loan: June 6, 2024 July 11, 2024 |
Direct Student Loan Note: All first time borrowers will be subject to a 30-day delay on their first loan disbursement. The 30-day period begins on the first day of the term, not of the loan application or approval date.
Please Note: Refund dates differ from our disbursement dates. Refunds are generated on a weekly basis. Please make sure you are set up with direct deposit for a faster refund payment.