As student's finanical aid files are completed and processed, students are packaged and awarded eligible aid. Students are notified via theior College issued email and asked to review their awards in WebAdvisor.
Financial aid disbursements will be based on your enrollment as of the day after the Last Day to Drop without a Grade Notation.
Pell Grants and Direct Loans are issued in two payments each semester. All other awards ie. FSEOG, Cal Grants, EOPS Grants, are issued in one payment each semester.
For the first disbursement we will pay you based on your enrollment at the time we process your payment. 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 14, 2019||1st Pell Grant disbursement|
|September 3, 2019||Financial Aid Freeze Date|
|September 5, 2019||FSEOG and Cal Grant disbursement|
|September 19, 2019||2nd Pell Grant disbursement|
|September 23, 2019||1st Direct Loan disbursement|
|October 21, 2019||2nd Direct Loan disbursement|
|November 27, 2019||Loan application deadline for Fall only students|
|January 15, 2020||1st Pell Grant disbursement|
|February 3, 2020||Financial Aid Freeze Date|
|February 6, 2020||FSEOG/Cal Grant disbursement|
|February 20, 2020||2nd Pell Grnt disbursement|
|February 24, 2020||1st Direct Loan disbursement|
|March 23, 2020||2nd Direct Loan disbursement|
|May 7, 2020||Loan application deadline for Spring only students|
|June 10, 2020||Pell Grant disbursement|
|June 15, 2020||Financial Aid Freeze date|
|July 9, 2020||1st Direct Loan disbursement|
|July 16, 2020||2nd Direct Loan disbursement|
|July 23, 2020||Loan application deadline|