Financial Aid Disbursement Schedule and Important Dates
MSJC’s Financial Aid Office aims to ensure that students are equipped with the tools and resources necessary in successfully navigating their academic journeys. Please see the table below for a list of important dates to be mindful of to ensure on time completion of all financial aid requirements:
MSJC and BankMobile
MSJC has partnered with BankMobile to deliver your financial aid awards. This partnership and process is your key to faster financial aid disbursements and refunds. If you have a BankMobile Disbursements account at another school, that account is not valid at MSJC, you will need to create an account with BankMobile Disbursements for MSJC. Please view the below links regarding any information for BankMobile and disbursements.
Check here for the BankMobile Disbursements fees before you make your selection;
Select your refund preference with BankMobile to avoid delays in your financial aid disbursement:
For more information and terms and conditions, visit BankMobile:
For questions or concerns about BankMobile, visit their customer help page:
You may also view the required disclosures and contract with BankMobile, a Division of Customer Bank:
Important Dates
Dates | Action |
---|---|
NOW |
Submit your FREE Federal Student Aid (FAFSA) or California Dream Act (CADAA) Application 2023-2024 |
April 14, 2023 | Last day to submit 2022-2023 Family Contribution Appeal |
May 17, 2023 | Deadline to submit Spring 2023 verification documents |
July 13, 2023 | Deadline to submit Summer 2023 SAP Appeal |
November 16, 2023 | Deadline to submit Fall 2023 SAP Appeal |
December 2023 | Submit your FREE Federal Student Aid (FAFSA) or California Dream Act (CADAA) Application 2024-2025 |
March 2, 2024 | 2024-2025 Financial Aid Application Priority Deadline |
April 18, 2024 | Last day to submit SAP Appeal for Spring 2024 |
April 18, 2024 | Last day to submit Family Contribution Appeal for Spring 2024 |
The table below will help you quickly access the date your financial aid will be processed. You will also find information on MSJC’s partnership with BankMobile to process any available refunds. Please review this information and contact the Financial Aid office or BankMobile with any questions relating to the disbursement of your financial aid funding.
2022-2023 Academic Year Disbursement Schedule
Spring 2023 Financial Aid Disbursement Schedule
Files Awarded By | Date Funds Processed by BankMobile | Please review the repayment policy before dropping any classes |
---|---|---|
Friday Jan 13 |
Monday Jan 23 |
1st Major Disbursement: Pell Grant & FSEOG |
Friday Jan 27 |
Wednesday Feb 8 |
Supplemental Disbursement: increased units paid |
Friday Feb 10 |
Wednesday Feb 22 |
Supplemental Disbursement |
Friday Feb 24 |
Wednesday Mar 8 |
1st State Aid (Cal Grants & SSCG) and Supplemental Disbursement |
Friday Mar 17 |
Wednesday Mar 29 |
2nd Major Disbursement: Pell Grant & FSEOG: Late start classes - units paid |
Friday Apr 28 |
Wednesday May 10 |
Supplemental Disbursement |
Friday May 19 |
Wednesday May 31 |
Supplemental Disbursement |
2023-2024 Academic Year Disbursement Schedule
Fall 2023 Financial Aid Disbursement Schedule
Files Awarded by | Date Funds Processed by BankMobile | Please review the repayment policy before dropping any classes |
---|---|---|
Friday Aug 11 | Monday Aug 21 | 1st Major Disbursement |
Friday Aug 18 | NA | Scholarships will be processed |
Friday Aug 25 | Wednesday Sept 6 | Supplemental Disbursement |
Friday Sept 1 |
NA |
Scholarships will be processed |
Friday Sept 8 | Wednesday Sept 20 | Supplemental Disbursement |
Friday Sept 15 | NA | Scholarships will be processed |
Friday Sept 22 | Wednesday Oct 4 | Supplemental Disbursement |
Friday Oct 6 | NA | Scholarships will be processed |
Friday Oct 13 | Wednesday Oct 25 | 2nd Major Disbursement |
Friday Oct 27 | NA | Scholarships will be processed |
Friday Nov 3 | Wednesday Nov 15 | Supplemental Disbursement |
Friday Nov 10 | NA | Scholarships will be processed |
Friday Nov 17 | Wednesday Nov 29 | Supplemental Disbursement |
Friday Dec 1 | NA | Scholarships will be processed |
Friday Dec 8 | Wednesday Dec 20 | Supplemental Disbursement |
Spring 2024 Financial Aid Disbursement Schedule
Files Awarded by | Date Funds Processed by BankMobile | Please review repayment policy before droppng any classes |
---|---|---|
Friday Jan 12 | Monday Jan 22 | 1st Major Disbursement |
Friday Jan 19 |
NA | Scholarships will be processed |
Friday Jan 26 | Wednesday Feb 7 | Supplemental Disbursement |
Friday Feb 2 | NA | Scholarships will be processed |
Friday Feb 9 | Wednesday Feb 21 | Supplemental Disbursement |
Friday Feb 16 | NA | Scholarships will be processed |
Friday Feb 23 | Wednesday Mar 6 | Supplemental Disbursement |
Friday Mar 1 | NA | Scholarships will be processed |
Friday Mar 15 | Wednesday Mar 27 | 2nd Major Disbursement |
Friday April 12 | Wednesday April 24 | Supplemental Disbursement |
Friday May 3 | NA | Scholarships will be processed |
Friday May 10 | Wednesday May 22 | Supplemental Disbursement |
Additional Information about Your Disbursement
The California College Promise Grant (CCPG) is a financial resource available to help
you meet your educational expenses and may appear on your award letter. This is not
cash award. If you have already paid your fees, you may be eligible for a refund.
You must contact Enrollment Services to see if you are eligible for refund.
Any grants you are eligible for are automatically accepted on your behalf. As a condition of receipt of any federal or state financial aid funds, you agree and accept the Terms and Conditions. If you wish to decline any funds, please contact the financial aid office.
Pell Grants are disbursed in two equal payments, highlighted as major disbursements on the schedule for each term. Supplemental disbursements are provided if you have not received any funds during the major disbursement dates.
Please note that student payments are contingent to meeting Federal Satisfactory Academic Progress.
You will only be paid for classes you are actively attending and that are eligible for grant and/or loan funding. Offer letters reflect the maximum amount of funds available to you and are based on full-time enrollment status. If you are enrolled less than full-time, your disbursement will be adjusted in accordance with federal regulations based on your current enrollment status. The disbursement amounts allowed are available in the table below.
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 |
Monday – Thursday: 10:00 AM - 2:00 PM
Friday: Closed
*In-person services for Financial Aid only available at the Menifee Valley Campus
Reach us by phone at 951-465-7891 or email finaid@msjc.edu