Financial Aid Disbursements
Financial aid funds will be provided in the order that we received your financial aid application. See below for payment dates and ways to get your money.
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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.**
| Fall 2021
|8/13/21 and 9/13/21
1/13/22 and 2/11/22
|Full Year Loan**|
|8/13/2021 and 10/22/2021
1/13/2022 and 3/25/2022
|Some vary request of donor, upon transfer, etc.|
|On the 15th of the month after time sheet is approved online|
|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.
|Semester||Loan and Appeal Deadlines|
|Summer 2020 ONLY||June 22, 2020|
|Full-Year, Fall 2020 and Spring 2021 semesters||April 5, 2021|
|Fall 2020 ONLY||November 8, 2020|
|Spring 2021 ONLY||April 5, 2021|
|Summer 2021 ONLY||June 22, 2021|
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.