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MSJC > Student Services > Financial Aid > Disbursement Schedule & Important Dates

Disbursement Schedule & Important Dates

Financial Aid Disbursements
Starting summer 2017 Mt. San Jacinto College has partnered with BankMobile to deliver your financial aid disbursements.

All you need to know about disbursements
Look for your Refund Selection Kit. It looks like this:

bank mobile.png 

Once it arrives, simply follow these steps to make your refund preference selection:

  1. Visit RefundSelection.com
  2. Enter your Personal Code
  3. Select how you'd like to receive your money

Your options for receiving your financial aid disbursements are:

  • Electronic Deposit to Another Account - Money is transferred to another account the same business day BankMobile receives funds from your school.  Typically, it takes 1-2 business days for the receiving bank to credit the money to your account.
  • Electronic Deposit to a BankMobile Vibe Account - If you open a BankMobile Vibe account (upon identity verification), money is deposited the same business day BankMobile receives funds from your school.
  • Paper Check Delivery by USPS - A check is mailed the same business day BankMobile receives funds from your school, provided receipt is within daily cutoff times.  Typically 5-7 business days fro the check to arrive, depending on USPS First-Class delivery timeframes.

Visit bankmobiledisbursements.com to check your financial aid disbursement status.

To view our institution's contract with BankMobile, a Division of Customers Bank, click here.

 

2016-2017 Academic Year Disbursement Schedule

Note: Beginning Fall 2016, BOGW eligibility will be tied to student academic standing in the same way as priority registration. Students who are on academic/progress probation/dismissal for two consecutive semesters will no longer qualify for a BOGW waiver the following term. This is based on new State regulations.

Spring 2017 Financial Aid Disbursement Schedule
Files Awarded By  Date Checks Mailed  Please review the repayment policy before dropping any classes
19-May (Tues) 30-May Supplemental Disbursement: 100% of Pell, SEOG and Cal Grant the student is eligible to receive 
9-Jun​ 19-Jun​ ​​Supplemental Disbursement: 100% of Pell, SEOG and Cal Grant the student is eligible to receive
23-Jun​ 3-Jul​ ​Supplemental Disbursement: 100% of Pell, SEOG and Cal Grant the student is eligible to receive
Summer 2017 Financial Aid Disbursement Schedule
Files Awarded By  Date Checks Mailed  Please review the repayment policy before dropping any classes
7-Jul 17-Jul Major Grant Disbursement: First 1/3 of Pell and all SEOG if the student is eligible to receive
28-Jul 7-Aug Supplemental Disbursement: First 1/3 of Pell and all SEOG the student is eligible to receive 
 ​ Late Start classes must begin on or before the "Files awarded By Date​" for units to be included in first disbursement, otherwise they will be included in the second 1/3 or balance
 
Supplemental disbursements are for students who have not received any funds from the major grant disbursement dates.
 
If you are a new or returning student to MSJC and did not attend the previous term, and if you have been awarded the federal Pell grant, we must verify with the
 
 Department of Education that you have not received financial aid from another school prior to any disbursements. A hold will be placed on your financial aid record for a 7 day period until we receive verification.
 
Checks will generally be received within 2 to 3 business days from the date they are mailed