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.

Census Date:

The census date typically marks the end of the add/drop period for the semester. This is the date a school takes a "snapshot" of all students' enrollment to establish the official enrollment for reporting purposes and financial aid eligibility. Changing your enrollment after this date may have implications to your financial aid, so be sure to check with the Financial Aid Office if you're considering making changes to your schedule. To find out the census date of your enrolled term, please visit the Academic Calendar: https://www.canadacollege.edu/admissions/calendar.php,


2022-2023 Disbursement Schedule:

Fund                    
 Fall 2022            
 Spring 2023               
Summer 2023          
Scholarships August 4, 2022 January 6, 2023  
Pell Grant and SEOG  August 12, 2022 
September 9, 2022
January 12, 2023
February 10, 2023

June 8, 2023
June 22, 2023

Cal Grant and SSCG September 9, 2022 February 10, 2023  
Direct Loans* – Full Year Loan Period August 12, 2022 January 12, 2023 June 8, 2023
Direct Loan* - One Semester Loan Period Fall Only Loan:
August 12, 2022
October 21, 2022
Spring Only Loan:
January 12, 2023
March 24, 2023
Summer Only Loan:
June 8, 2023
July 13, 2023

 

Direct Student 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.

Please Note: Refund dates differ from our Disbursement dates. Refunds are generated on a weekly basis. Please contact us if you have questions about your refund status.