Financial Aid Disbursements

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.**

*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.

2024-2025 Loan Application Deadlines

Note: To be considered for a full-year loan in the spring term, you must have 1) completed 6 or more degree-applicable units during the fall and 2) be in good student academic progress (SAP) standing.

All loan requests require:

• a copy of your social security card
• a copy of your current valid government issued ID
• a Comprehensive Student Educational Plan (SEP)
• the completed form

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.