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

Disbursement Schedule & Important Dates

Financial Aid Disbursements through BankMobile

Mt. San Jacinto College has partnered with BankMobile to deliver your financial aid disbursements.  This process will be your key to faster financial aid disbursements and increased choices for receiving your disbursement.

Did you get your green envelope yet? It looks like this!

 

bank mobile envelope.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.

Do you want to check the status of your financial aid disbursement?

Do you have questions about Bankmobile?

Learn more:

BankMobile videos are available on th​e MSJC GetAnswers portal

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2017-2018 Academic Year Disbursement Schedule


Spring 2018 Financial Aid Disbursement Schedule
Files Awarded By Date Funds Processed Please review the repayment policy before dropping any classes
12-Jan  19-Jan  Major Grant Disbursement: First 1/3 of Pell and all SEOG if the student is eligible to receive
26-Jan 5-Feb Supplemental Disbursement: First 1/3 of Pell and all SEOG the student is eligible to receive
9-Feb (Tues) 20-Feb  Supplemental Disbursement: First 1/3 of Pell and all SEOG the student is eligible to receive
23-Feb 5-Mar  Major Grant Disbursement: Second 1/3 of Pell and all Cal Grant if the student is eligible to receive
All SEOG the student is eligible to receive
9-Mar 19-Mar ​Supplemental Disbursement: 100% of Pell, SEOG and Cal Grant the student is eligible to receive
23-Mar  2-Apr Supplemental Disbursement: 100% of Pell, SEOG and Cal Grant the student is eligible to receive
6-Apr  16-Apr Major Grant Disbursement: Balance of Pell, SEOG and Cal Grant the student is eligible to receive  
20-Apr 30-Apr Supplemental Disbursement: 100% of Pell, SEOG and Cal Grant the student is eligible to receive
4-May  14-May Supplemental Disbursement: 100% of Pell, SEOG and Cal Grant the student is eligible to receive
18-May (Tues) 29-May  Supplemental Disbursement: 100% of Pell, SEOG and Cal Grant the student is eligible to receive
8-Jun 18-Jun  ​Supplemental Disbursement: 100% of Pell, SEOG and Cal Grant the student is eligible to receive
22-Jun 2-Jul Supplemental Disbursement: 100% of Pell, SEOG and Cal Grant the student is eligible to receive

 

Summer 2018 Financial Aid Disbursement Schedule

Files Awarded By Date Funds Processed Please review the repayment policy before dropping any classes
29-Jun 9-Jul  Major Grant Disbursement: 100% of Pell and all SEOG if the student is eligible to receive
13-Jul  23-Jul Supplemental Disbursement: 100% of Pell and all SEOG the student is eligible to receive
3-Aug  13-Aug  Supplemental Disbursement: 100% of Pell and all SEOG the student is eligible to receive

 


2018-2019 Academic Year Disbursement Schedule

Fall 2018 Financial Aid Disbursement Schedule
Files Awarded By Date Funds Processed Please review the repayment policy before dropping any classes
10-Aug  (Fri) 17-Aug  Major Grant Disbursement: First 1/3 of Pell and all SEOG if the student is eligible to receive
24-Aug (Tues) 4-Sep Supplemental Disbursement: First 1/3 of Pell and all SEOG the student is eligible to receive
7-Sep 17-Sep  Supplemental Disbursement: First 1/3 of Pell and all SEOG the student is eligible to receive​​
21-Sep 1-Oct  Major Grant Disbursement: Second 1/3 of Pell and all Cal Grant if the student is eligible to receive
All SEOG the student is eligible to receive
5-Oct 15-Oct ​Supplemental Disbursement: 100% of Pell, SEOG and Cal Grant the student is eligible to receive
19-Oct  29-Oct Supplemental Disbursement: 100% of Pell, SEOG and Cal Grant the student is eligible to receive​
2-Nov  (Tues) 13-Nov Major Grant Disbursement: Balance of Pell, SEOG and Cal Grant the student is eligible to receive  
16-Nov 26-Nov Supplemental Disbursement: 100% of Pell, SEOG and Cal Grant the student is eligible to receive
30-Nov  10-Dec Supplemental Disbursement: 100% of Pell, SEOG and Cal Grant the student is eligible to receive
14-Dec (Fri) 21-Dec  Supplemental Disbursement: 100% of Pell, SEOG and Cal Grant the student is eligible to receive
4-Jan 14-Jan  ​Supplemental Disbursement: 100% of Pell, SEOG and Cal Grant the student is eligible to receive


Spring 2019 Financial Aid Disbursement Schedule
Files Awarded By Date Funds Processed Please review the repayment policy before dropping any classes
11-Jan  (Fri) 18-Jan  Major Grant Disbursement: First 1/3 of Pell and all SEOG if the student is eligible to receive
25-Jan 4-Feb Supplemental Disbursement: First 1/3 of Pell and all SEOG the student is eligible to receive
8-Feb (Tues) 19-Feb  Supplemental Disbursement: First 1/3 of Pell and all SEOG the student is eligible to receive
22-Feb 4-Mar  Major Grant Disbursement: Second 1/3 of Pell and all Cal Grant if the student is eligible to receive
All SEOG the student is eligible to receive
8-Mar 18-Mar ​Supplemental Disbursement: 100% of Pell, SEOG and Cal Grant the student is eligible to receive
22-Mar  1-Apr Supplemental Disbursement: 100% of Pell, SEOG and Cal Grant the student is eligible to receive
5-Apr  15-Apr Major Grant Disbursement: Balance of Pell, SEOG and Cal Grant the student is eligible to receive  
19-Apr 29-Apr Supplemental Disbursement: 100% of Pell, SEOG and Cal Grant the student is eligible to receive
3-May  13-May Supplemental Disbursement: 100% of Pell, SEOG and Cal Grant the student is eligible to receive
17-May (Tues) 28-May  Supplemental Disbursement: 100% of Pell, SEOG and Cal Grant the student is eligible to receive
7-Jun 17-Jun  ​Supplemental Disbursement: 100% of Pell, SEOG and Cal Grant the student is eligible to receive
21-Jun 1-Jul Supplemental Disbursement: 100% of Pell, SEOG and Cal Grant the student is eligible to receive

Classes added to enrollment record after the "Files Awarded By Date" for the first disbursement will be included in the second 1/3 or balance.

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. 

​The award amounts that appear on your award letter is based on full-time enrollment status.  Students are not necessarily required to enroll in full-time status to receive financial aid.  If a student is enrolled in less than full-time status for any given semester, disbursements will be adjusted in accordance with federal regulations based on the current enrollment status.​





 

​​Enrollment ​​Title IV Units Required ​​Eligibility
​​Full-Time 12 or more units ​100% of award letter amount for the semester
​Three quarter time ​ 9 - 11.5 ​75% of award letter amount for the semester
​Half-time   ​6 - 8.5 ​50% of award letter amount for the semester
​Less than half-time  1 - 5.5 ​​Eligibility varies
 

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