Financial aid disbursements will be based on your enrollment as of the day after the Last Day to Drop without a Grade Notation.
For the first disbursement we will pay you based on your enrollment at the time we process your check. At the second disbursement we will adjust your aid based on your enrollment on the financial aid freeze date, which is the day after last date to drop without a grade notation. Your Satisfactory Academic Progress will be calculated by calculating your successful completion of these classes. As always - only enroll in courses you think you can successfully complete. Continued financial aid depends on you completing 67% of the courses you enroll in a semester and maintaining a cumulative GPA of 2.0 or better.
You must be enrolled in late start courses by the financial aid freeze date. Late start enrollment after the freeze date will not be included in your financial aid calculation.
Mendocino College has partnered with BankMobile to deliver your financial aid refund. This partnership will give students the following options for receiving financial aid funds:
- Electronic Deposit To A Bank Account - Money is transferred to a bank account 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 Delivered By USPS - A check is mailed the same business day BankMobile receives funds from your school, provided receipt is within daily cutoff times. Typically, it takes 5 – 7 business days for the check to arrive, depending on USPS First-Class® delivery timeframes.
For more information, visit: https://www.mendocino.edu/student-services/financial-aid/policies/disbursements
The dates and deadlines listed below are subject to change.
Once initial deadline dates have passed we process disbursement runs every week. If you see your award posted to Web Advisor the regular processing time is one to two weeks for the funds to reach you. Outstanding financial aid documents may delay the processing and disbursement of your funds.
|August 15, 2018||1st Pell Grant disbursement|
|September 4, 2018||Financial Aid Freeze Date|
|September 6, 2018||1st FSEOG disbursement|
|September 13, 2018||Cal Grant Disbursement|
|September 24, 2018||1st Direct Student Loan disbursement|
|October 4, 2018||2nd Pell Grant disbursement|
|October 22, 2018||2nd Direct Student Loan disbursement|
|December 3, 2018||Loan application deadline for Fall only students|
|January 16, 2019||1st Pell Grant disbursement|
|February 4, 2019||Financial Aid Freeze Date|
|February 7, 2019||FSEOG disbursement|
|February 15, 2019||Cal Grant disbursement|
|February 25, 2019||1st Direct Student Loan disbursement|
|March 7, 2019||2nd Pell Grant disbursement|
|March 25, 2019||2nd Direct Student Loan disbursement|
|May 6, 2019||Loan Application deadline for Spring only students|
|June 10, 2019||Pell Grant disbursement|
|June 19, 2019||Financial Aid Freeze Date|
|July 22, 2019||1st Direct Student Loan disbursement|
|July 29, 2019||2nd Direct Student Loan disbursement|