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FALL 2014 FINANCIAL AID DISBURSEMENT SCHEDULE

Federal Pell Grant

The Pell Grant awards are split into two disbursements per semester.  The initial semester disbursement will be 30% of your semester eligibility and the second disbursement will be the remainder ( or 70%) of your semester eligibility (excluding short sessions beginning mid-term, which will be included in your enrollment calculation the following scheduled disbursement). If you are are scheduled for your first Pell disbursement in November or December, you will only receive one disbursement this semester, which will be for 100% of your semester eligibility.

Pell Grant awards displayed on your award letter represent your full-time eligibility; students enrolled in less than full-time enrollment will receive a PRORATED Pell award. 

Disbursement dates are assigned based on the date of your Pell award date and the  cutoff date for each scheduled disbursement date is indicated below.  Once a Pell award cutoff date has passed, your disbursement will be scheduled for the next available disbursement date. 

Pell award cutoff date:

8/5/14

8/29/14

10/2/14

10/16/14

11/19/14

Disbursement Date:

Week of
8/24/14
(Initial
30% Pell disbursement)

Week of
9/22/14
(initial
30% Pell disbursement)

Week of
10/27/14
(initial
30% Pell
disbursement)

Week of 11/10/14

Week of 12/15/14

Federal Supplemental Educational Opportunity  Grant (FSEOG) 

The Federal Supplemental Educational Opportunity Grant (FSEOG) awards will be disbursed once per semester.
Disbursed the week of 10/27/14

Cal Grant B&C

The Cal Grant B&C awards will be disbursed once per semester.
Disbursed the week of 10/27/14

Federal Direct Loans

Students enrolled for Fall and Spring terms will received one loan disbursement per semester. Students enrolled for only one semester will have two disbursements. Disbursement dates are assigned based on the date that you submit your completed application.   Once an initial application date has passed, your disbursement will be scheduled for the next available disbursement date. 

Direct Loan application cutoff date:

8/5/14

8/29/14

10/2/14

10/16/14

11/19/14

Disbursement Date:

Week of 8/24/14

Week of 9/22/14

Week of 10/27/14

Week of 11/10/14

Week of 12/15/14

IMPORTANT INFORMATION   

  • Disbursement dates are estimates and are subject to change without notice and will occur on or after the estimated disbursement dates listed
  • All awards are contingent upon institutional receipt of funds from the federal and/or state government and are subject to change.
  • Southwestern College is partnering with Higher One® to expedite receiving your financial aid refunds/disbursement and managing money to Southwestern College students by the SWC Access Card.    New students will be receiving a bright green envelope from HigherOne. Once it arrives, you'll simply use the card inside to let us know how you'd like to receive your money - you'll have the options of having your financial aid funds automatically deposited to your current checking account, opening a HIgherOne account for depositing funds or receiving a paper check.  Just choose the option that best fits your needs and be sure to get started as soon as it arrives! Remember, even if you are not currently expecting a financial aid award, we may have money for you in the future, so don't wait. Please activate your card and make your choice as soon as possible to ensure there is no delay in receiving your funds! Please click on the HigherOne link on the left for more information.
  • FSEOG funds are awarded in excess of Southwestern College’s annual allocation in anticipation of FSEOG cancellations; therefore, your FSEOG award could be subject to cancellation due to the estimated cancellation rate does not match projections.
Last updated: 12/19/2014 4:57:33 PM