Financial Aid Services at College of San Mateo - Disbursement Schedule
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Financial Aid Services
Disbursement Schedule

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.**

Pell Grant
Summer 2019
Fall 2019
Spring 2020
Summer 2020
June 6 and June 20
August 14 and September 6
January 13 and February 7
June 9
Fall 2019
Spring 2020
September 6
February 7
Direct Loans (unless subject to 30-day delay**)
Summer 2019
Fall 2019
Spring 2020
Summer 2020
June 6
August 9
January 10
June 9
Some vary request of donor, upon transfer, etc.
On the 15th of the month after time sheet is approved online
Disbursement Adjustments
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.

SemesterLoan and Appeal Deadlines
Summer 2019 ONLY June 21, 2019
Full-Year, Fall 2019 and Spring 2020 semesters April 3, 2020
Fall 2019 ONLY November 6, 2019
Spring 2020 ONLY April 2, 2020
Summer 2020 ONLY June 22, 2020