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.

2019-2020 Disbursement Schedule:

Fund Fall 2019 Spring 2020 Summer 2020
Scholarships August 1, 2019 January 3, 2020 June 11, 2020
Pell Grant and SEOG August 9, 2019
September 6, 2019
January 10, 2020
February 7, 2020
June 11 2020
June 25, 2020
Cal Grant and SSCG September 6, 2019 February 7, 2020  
Direct Loans* – Full Year Loan Period August 9, 2019 January 10, 2020  
Direct Loan* - One Semester Loan Period Fall Only Loan:
August 9, 2019
October 18, 2019
Spring Only Loan:
January 10, 2020
March 20, 2020
Summer Only Loan:
June 11, 2020
July 16, 2020

2020-2021 Disbursement Schedule:

 Fall 2020            
 Spring 2021               
Summer 2021            
Scholarships August 6, 2020 January 8, 2021 June 10, 2021
Pell Grant and SEOG  August 14, 2020 
September 11, 2020
January 15, 2021
February 10, 2021

June 10, 2021
June 24, 2021

Cal Grant and SSCG September 11, 2020 February 10, 2021  
Direct Loans* – Full Year Loan Period August 14, 2020 January 15, 2021  
Direct Loan* - One Semester Loan Period Fall Only Loan:
August 14, 2020
October 23, 2020
Spring Only Loan:
January 15, 2021
March 26, 2021
Summer Only Loan:
June 10, 2021
July 15, 2021

* Direct 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.