Financial Aid checks are disbursed twice during each fall and spring semester by the Business Office.
Disbursement- 4th Week of Semester
Three quarters or 75% of the student’s financial aid reward will be disbursed first to the student’s account with any credit amount to be disbursed to the student.
Disbursement- 12th Week of Semester
The remaining quarter or 25% of the student’s financial aid award will be disbursed to the student’s account with any remaining amount to be disbursed to the student.
Students who wish to withdraw from classes after receiving financial aid may be entitled to a disbursement of their educational expenses. A portion of the disbursement may be returned to the financial aid programs. Recipients of Federal Title IV funds are subject to the Federal Return of Title IV Funds Policy. Students who receive state or institutional aid are subject to the Mesalands Community College refund policy. The calculation of the return of these funds may result in the student owing a balance to the College and/or the Federal Government. Further details and examples can be obtained at the Financial Aid Office.