This PDF is If the recalculation reduces your eligible amount, you will be responsible for repayment of any over-payment. Student loan borrowers struggling to make payments should compare these solutions when seeking relief. If you have not selected a refund preference, login to MyOCCC Portal click menu in upper left corner; MyMoney - Refund Preference. equivalent (600%) of aid. aid. yanaBottomButton.style.width= bottomButtonWidth; Fridays 8:00 a.m. - 12:00 p.m. Chico Center: 2021 Spring 2022 full term course 60% date: April 06, 2022 The 60% date will vary for courses that do not run a full term (i.e. yanaFrame.setAttribute('id', 'yana-app-wrapper'); documents in the last year, 513 100% of the semester amount *Cal Grant. yanaFrame.style.display="block"; headings within the legal text of Federal Register documents. Title IV Federal Student Aid funds are awarded and disbursed to a student under the assumption that the student will attend school for the entire period for which the financial aid is awarded. Your first Pell grant disbursement will be based upon your enrollment status (full time, three-quarter time, half-time, or less than half time) at the time funds are ordered from the U.S. Department of Education. }); yanaHeader.setAttribute('id', 'yana-app-header'); (3) William D. Ford Direct Loan Program, 34 CFR part 685. Counts are subject to sampling, reprocessing and revision (up or down) throughout the day. Financial aid is disbursed to your CUNYfirst account according to a weekly schedule. documents in the last year. rightText.addEventListener('click', openClose); TBA, Content Editor: 03/03/2023, 207 Ignorance and denial about your loan situation will get you in trouble, experts say. endobj Refunds - OCCC issues refunds from excess loan/grant/scholarship funds through a partnership with BankMobile Disbursements. Information about this document as published in the Federal Register. Look at the columns to the right labeled with the 4 different enrollment statuses. Virtual Tour var closeButtonColor ="#100303"; Library Students on financial aid suspension may regain that eligibility by filing a successful financial aid appeal. Federal Pell Grant awards will be divided in two payments each semester. yanaBottomButton.appendChild(bottomButtonText); openClose(); Lifetime Limit on Receipt of Federal Pell Grant The earlier of: (a) A date designated by the Secretary after consultation with the institution; or The Pell Grant program is the largest source of federal grant money for college students. aFinancial Aid Award Notification Emailwhich will indicate an estimated Financial Aid Disbursement Date. September 24, 2021 Disbursement of Direct Stafford Loans for new first-time student borrowers. By clicking submit, you are agreeing to our Terms and Conditions & Privacy Policy. In accordance with 34 CFR 668.164(a), title IV, HEA program funds are disbursed on the date that the institution: (a) Credits those funds to a student's account in the institution's general ledger or any subledger of the general ledger; or (b) pays those funds to a student directly. These programs, administered by the Department of Education (Department), provide financial assistance to students attending eligible postsecondary educational institutions to help them pay their educational costs. For the Pell Grant, Iraq and Afghanistan Service Grant, Direct Loan, and TEACH Grant programs, Table B provides the earliest disbursement date, the earliest dates for institutions to submit disbursement records to the Department's Common Origination and Disbursement (COD) System, and deadline dates by which institutions must submit disbursement and origination records. Fall Refund Date: 10/08/2021 Fall refund date (remaining 75% of Federal Pell Grant) and other financial aid programs including Federal Direct Loans, will be October 8, 2021. 2022-2023 Academic Year Census Dates Summer 2022: July 13, 2022 Fall 2022: September 9, 2022 Spring 2023: February 10, 2023 1st half of Pell Grant (if not yet received), 2nd Half of Pell Grant Payment or total Spring 2023 Pell Grant award for eligible Also, see the NSLDS Enrollment Reporting Guide. yanaFrame.style.border = 0; 9, 2023, Farran Powell , Emma Kerr and Sarah Wood Nov. 3, 2022. "It's not written into a financial aid package, but I've had students who attend schools that are able to provide additional funds for students from the lowest socioeconomic brackets, money added in that's disbursed differently," Smitobol says. Student receives Federal and State aid from more than one school for the same or overlapping yanaFrame.style.width= frameWidth; Summer disbursements will be different in that loan funds will not be disbursed at the beginning of the semester. 540 students that are a U.S. citizen or Eligible Non-citizen. Educational institutions have never revealed a deadline or an ideal time to pass Pell Grant applications, leaving students and their parents almost clueless. Check your Chaffey "One of the most common reasons aid might be delayed occurs when a family is missing documentation or additional information to confirm aid eligibility," Ruiz says. Typically, refunds are available after 3:00 p.m. on the disbursement date. Hours: 03/03/2023, 1465 From gaming to knitting, there's a scholarship for almost every interest. Understanding limits and eligibility for student loans goes a long way, experts say. For the latest COVID-19 news and information, visit Penn State's Coronavirus Information Website. Faculty & Staff leftText.innerHTML=appName; Important Information: ALL Financial Aid Checks will be mailed, 2023 Trustees of the California State University, CSU Trustees Awards for Outstanding Achievement. Table A2021-2022 Award Year Deadline Dates by Which a Student Must Submit the FAFSA, by Which the Institution Must Receive the Student's Institutional Student Information Record (ISIR) or Student Aid Report (SAR), and by Which the Institution Must Submit Verification Outcomes for Certain Students. Refund Selection Kit, the student can contact the Financial Aid Office for assistance. Academic Policies within 24 hours of the scheduled date, and no later than 5pm the following day. It is best not to wait until the Federal loans disburse to make payment arrangements for the remaining balance on your bill as this may result in a late fee. Enroll in direct deposit onGET, To use this chart, you need to know your Expected Family Contribution (EFC) and your enrollment status. this.style.border= "2px solid rgba(0, 150, 255, 1)"; var leftText = document.getElementById("yana-left-text"); Chief Operating Officer, Federal Student Aid. 1st half of Pell Grant (if not yet received) February 16, 2023. innerText.innerHTML=appName; New York, NY 10007 var topButtonColor ="#F2F2F2"; bottomButtonText.appendChild(innerText); are enrolled in full term courses and meet Satisfactory Academic Progress (SAP) per Which Circumstances Require Repayment of a Pell Grant? Footer CTA image Chaffey College students, Behavioral Intervention Team and Discipline, Need Help Paying for College Workshop Flyer, California Dream Act Service Incentive Grant Program Next Steps, Hate Crimes/Hate Incidents Resources and Reporting, The Jeanne Clery Disclosure of Campus Security, Last day to submit a Spring 2023 SAP Appeal, Last day to submit 2022-2023 Family Contribution Appeal/Dependency Appeals, Deadline to submit Spring 2023 verification documents, Last day to submit 2022-2023 FAFSA for students enrolled in Summer 2023, Last day to submit 2022-2023 FAFSA for students enrolled in Summer 2022, Last day to submit an SAP Appeal for Summer 2023, Pell, FSEOG, Cal Grants*, Direct Loans, SSCG, Student receives funds and withdraws from all classes prior to completing 60% of the The first It was viewed 10 times while on Public Inspection. ** Pell and Loans Dates for students enrolled only in late-fall or late-spring courses. Disbursements will headerText.style.position="relative"; (212) 220-8000 <> September 15, 2022. Use this disbursement schedule to check for the disbursement dates of the award funds shown on your Award Letter or on your WebAdvisor/Student Self Services. bottomButtonText.style.position="relative"; headerText.style.fontWeight = 700; Visit the Federal Satisfactory Academic Progress page to learn more. Out-of-state students will receive any remainder from their financial aid once unpaid Receiving Your Refund You can determine your enrollment status from your class schedule and find your EFC on your SAR. Students are notified by email when funds disburse. informational resource until the Administrative Committee of the Federal Date Funds Processed by BankMobile. this.style.outline = "none"; full-time for the semester, disbursements will be adjusted in accordance with the Refunds that are delivered by mail will be delayed. yanaBottomButton.setAttribute('id', 'yana-bottom-button'); Loans Disbursementsfor students who have completed Entrance Counseling and Master Promissory Note (MPN), are enrolled in at least 6-credit hours, and have accepted their loan 2-weeks prior to scheduled disbursement can expect to be on the first scheduled loan disbursement. daily Federal Register on FederalRegister.gov will remain an unofficial OCCC Certificate Programs and Gainful Employment Disclosures, Students Connecting with Mentors for Success (SCMS), Oklahoma Alliance for Manufacturing Excellence. headerText.style.paddingLeft="0px"; edition of the Federal Register. Disbursement Date. 1st & 3rd Thursday of every month: 8:30 a.m. - 5:00 p.m. rightText.focus(); In these cases, colleges issue a refund. on NARA's archives.gov. Students Further action is being taken to overturn the ruling. If you add or drop courses after funds have been disbursed, your financial aid must be recalculated. yanaApp.style.position= "fixed"; Deadline Dates for Enrollment Reporting by Institutions. Learn more here. enrollment status.12 or more units= full-time enrollment status (students receive 100% of award per yanaFrame.style.transition= "visibility 3s, opacity 0.5s linear"; Note: One full-time semester of Pell Grant equals 50% of your scheduled Pell Grant award. var yanaFrame = document.createElement('iframe'); The deadline date for the receipt of a FAFSA by the Department's Central Processing System is June 30, 2022, regardless of the method that the applicant uses to submit the FAFSA. Experts say the process is often a seamless one, but there are some steps students can take to avoid a delay in receiving their financial aid. headerText.style.textAlign="left"; The Public Inspection page may also Cal Grant is usually disbursed after the second week of the semester. rightText.style.display = "none"; Information on the institutional reporting requirements for the Pell Grant, Iraq and Afghanistan Service Grant, Direct Loan, and TEACH Grant programs is included in the 2021-2022 Common Origination and Disbursement (COD) Technical Reference. October 18, 2021 Second 50% disbursement of Federal Pell Grant SPRING 2022 DISBURSEMENT DATES January 26, 2022 First 50% disbursement of Federal Pell Grant February 16, 2022 Disbursement of SEOG, Cal Grant B & C, Student Success Completion Grant . Some colleges would set different schedules. Learn about the FAFSA and other financial aid basics. Text-only Version, Information for: } Find the column for your enrollment status and move across the same row as your EFC until you find the award amount for your particular enrollment status. documents in the last year, 467 include documents scheduled for later issues, at the request Financial Aid Office for your specific seconddisbursement date. Federal Register. . Apply early to prevent any delays. yanaBottomButton.focus(); Pell Grant, Iraq and Afghanistan Service Grant, and TEACH Grant programs. } 03/03/2023, 43 documents in the last year, 822 SAS 160 Rm. documents in the last year, by the Energy Department Please check with the relevant outside agency to determine an estimated disbursement date of your funds. "Colleges and universities set the disbursement date, and disburse aid no more than 10 days prior to the start of the term.". Table A2021-2022 Award Year Deadline Dates by Which a Student Must Submit the FAFSA, by Which the Institution Must Receive the Student's Institutional Student Information Record (ISIR) or Student Aid Report (SAR), and by Which the Institution Must Submit Verification Outcomes for Certain Students, Table B2021-2022 Award Year Deadline Dates By Which an Institution Must Submit Disbursement Information For the Pell Grant, Iraq and Afghanistan Service Grant, Direct Loan and TEACH Grant Programs1, [FR Doc. Student Loan Bookstore Charges- Eligible students with a student loan that is not yet processed for disbursement, and the loan funds exceed the total costs of tuition, fees and eBooks, may request a loan bookstore voucher to charge against their loan by vising the financial aid office or by emailing financialaidoffice@occc.edu. Ask an Alum: Making the Most Out of College. Out-of-state students pay an average total cost of $26,504 at these 15 online bachelor's programs, U.S. News data shows. appHeader.style.right= "-175px"; yanaBottomButton.addEventListener("focus", function () { Award Notification Email, which is sent to their Butte College email account after That means that you can receive a Pell Grant in the summer session without affecting your fall or spring Pell awards. Federal award for Fall 2022. and SAP is evaluated. These are tax-advantaged investment accounts. Cal Grant First Disbursement (Future awards disbursed every two weeks during the term) 9/30/2022. }); If you receive a Pell Grant refund before classes begin, but change your enrollment before the end of the first week of classes, the amount of Pell available to refund to you may change. documents in the last year, 86 Requests for extensions to the established submission deadlines may be made for reasons including, but not limited to: The earlier of: (a) When the institution is fully reconciled and is ready to submit all additional data for the program and the award year; or "This summer, college financial aid offices have been flooded with an incredible number of appeals for additional assistance due to COVID and its associated economic impact," Vasconcelos says. After an eRefund has been generated by Penn State to your financial institution, the process, Those enrolled in eRefund can expect their refunds on or around the first day of classes. Instead, take the full balance owed minus the net amount of your expected financial aid and pay the remainder before the due date. by the Financial Aid Office. <>/ExtGState<>/Font<>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI] >>/MediaBox[ 0 0 612 792] /Contents 4 0 R/Group<>/Tabs/S/StructParents 0>> innerText.style.display="block"; var frameHeight ="575px"; Note that a FAFSA must be submitted and an ISIR or SAR received for the dependent student for whom a parent is applying for a Direct PLUS Loan. var frameWidth ="400px"; openClose(); appHeader.style.backgroundColor = bottomButtonColor; Master Promissory Note (MPN) . Nancy Turner Important Information: ALL Financial Aid Checks will be mailed,unless you are enrolled in direct deposit.