Disbursement Schedule

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.

2018-2019 Disbursement Schedule:

Fund Fall 2016 Spring 2017 Summer 2018
Scholarships August 2, 2018 January 4, 2019 June 6, 2019
Pell Grant and SEOG August 10, 2018
September 7, 2018
January 11, 2019
February 8, 2019
June 6, 2019
June 20, 2019
Cal Grant September 7, 2018 February 8, 2019  
Direct Loans* – Full Year Loan Period August 10, 2018 January 11, 2019  
Direct Loan* - One Semester Loan Period Fall Only Loan: August 10, 2018 October 19, 2018 Spring Only Loan: January 11, 2019, March 15, 2019 Summer Only Loan: June 6, 2019, July 11, 20119

2019-2020 Disbursement Schedule:

Fund                                                          
 Fall 2019                              
 Spring 2020                                                                
Scholarships      August 1, 2019 January 3, 2020
Pell Grant and SEOG                        August 9, 2019 
September 6, 2019
January 10, 2020
February 7, 2020
Cal Grant September 6, 2019 February 7, 2020
Direct Loans* – Full Year Loan Period August 9, 2019 January 10, 2020
Direct Loan* - One Semester Loan Period Fall Only Loan:
August 9, 2019
October 18, 2019
Spring Only Loan:
January 10, 2020
March 20, 2020

* Direct Loan Note: All first time borrowers will be subject to a 30-day delay on their first loan disbursement. The 30-day period begins on the first day of the term, not of the loan application or approval date.