All financial aid funds are disbursed on scheduled dates each term. Scheduled dates represents the major disbursement dates for our aid programs each term, but disbursements are processed on a weekly bases thereafter, to adjust payments for students who add or drop units prior to the enrollment freeze date, which occurs before the second Pell disbursement. As long as you are enrolled in an eligible program and your file is complete, you will receive two disbursements of Federal Grant aid each semester, based on your enrollment level and classes actively in session. If you are enrolled in a class that is due to start on a future date, it will be paid when your attendance begins. Federal grant aid (includes Pell Grant and Supplemental Educational Opportunity Grant). Federal Direct Loans are also disbursed in two payments based on the approved loan period. Cal Grant funds and Full-Time Incentive Grant funds will be disbursed at the beginning of the semester.
All disbursed financial aid (grants, federal student loans, and scholarships) will be first applied towards current institutional fees you may owe Cañada College, College of San Mateo or Skyline College such as enrollment fees, health fees and nonresident tuition. For the majority of students, your financial aid award is generally more than the amount owed, and you will be paid the remaining balance, commonly referred to as a financial aid refund.
2015-2016 Disbursement Schedule:
|Fund||Fall 2015||Spring 2016|
|Scholarships||August 7, 2015||January 14, 2016|
|Pell Grant and SEOG||August 14, 2015
September 11, 2015
|January 14, 2016
February 10, 2016
|Cal Grant||August 14, 2015||January 14, 2016|
|Direct Loans* – Full Year Loan Period||August 14, 2015||January 14, 2016|
|Direct Loan* - One Semester Loan Period||Fall Only Loan: August 14, 2015 October 16, 2015||Spring Only Loan: January 14, 2016 March 18, 2016|