Disbursement Schedules

BankMobile®

Southwestern College has partnered with BankMobile® (formerly Higher One®) to offer students a secure and flexible method to receive their financial aid funds. Students may choose to have funds automatically deposited to a current checking account, open a BankMobile® account or receive a paper check. Students may also change their deposit method choice at any time. All students must have a deposit method choice on file for fund disbursement.

New students will receive a bright green envelope from BankMobile® 3-5 days after they are awarded financial aid. Once it arrives, simply follow the instructions to choose a deposit method. It is important to complete this process as soon as possible to ensure there is not delay in receiving funds! The envelope will be sent to the address on file in Colleague, so please be sure it is correct and up to date!

Continuing students will continue to receive funds from SWC as they have in the past. However, students may always change their deposit method choice at any time.

For more information on choosing your disbursement method and frequently asked questions (FAQs), visit the BankMobile® page.

Pell Advance

If you have been awarded a Pell Grant, but did not receive your disbursement within the first seven days of the semester, you may submit a Pell Advancement Request form at the Financial Aid Office and receive credit at the Campus Bookstore. The entire amount of your Pell Advance will be deducted from your Pell disbursement and paid to the Bookstore on your behalf. Any unused portion of your Pell Advance may be cashed out at the Bookstore on the date notated on your request form.
2019-2020 Pell Advance Request Form