Financial Aid Disbursements
Financial aid funds will be provided in the order that we received your financial aid application. See below for payment dates and ways to get your money.
Financial aid refunds are amounts due to the student after outstanding fees are deducted.
**Please note that you will receive your funds within 15 days after the disbursement date.**
|8/12/22 and 9/09/22
1/12/23 and 2/10/23
|Full Year Loan**|
|Some vary request of donor, upon transfer, etc.|
|On the 15th of the month after time sheet is approved online|
|Reverse disbursements occur when units enrolled decreases|
*Regular refunds occur when:
- Application is completed prior to start of term, including loan requirements
- Enrolled in the required number of units at least one week prior to start of term
- Not subject to disqualification
- Have no holds
**For Direct Loan first-year borrowers, there is a 30-day delay in the release of a first loan disbursement. The 30-day period begins on the first day of the term, not of the loan application or approval date.
2022-2023 Loan Application Deadlines
|Semester||Last Day to Submit|
|Full-Year, Fall 2022 and Spring 2023 semesters||April 7, 2023|
|Fall 2022 only||November 11, 2022|
|Spring 2023 only||April 7, 2023|
|Summer 2023 only||June 22, 2023|
The San Mateo County Community College District (SMCCCD) delivers your refund with BankMobile Disbursements, a technology solution, powered by BMTX, Inc. Visit bankmobiledisbursements.com/refundchoices for more information.
Please Note: If prompted to enter your school name, use San Mateo County Community College District. We are enrolled with BankMobile Disbursements as a college district, not as three separate colleges.