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.
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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.
Terms of AgreementView our third-party servicer contract for refund management.
March 27 - April 2, 2023
March 31, 2023
April 20, 2023