All financial aid funds are disbursed on scheduled dates each term. 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. 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 will be disbursed in a single payment each term on or after the second scheduled disbursement date.
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.
2015-2016 Disbursement Schedule:
|Fund||Fall 2015||Spring 2016|
|Scholarships||August 7, 2015||January 14, 2016|
|Pell Grant and SEOG||August 14, 2015
September 11, 2015
|January 14, 2016
February 10, 2016
|Cal Grant||September 11, 2015||February 10, 2016|
|Direct Loans* – Full Year Loan Period||August 14, 2015||January 14, 2016|
|Direct Loan* - One Semester Loan Period||Fall Only Loan: August 14, 2015 October 16, 2015||Spring Only Loan: January 14, 2016 March 18, 2016|