Federal Pell Grant

Below is the Federal Pell Grant eligibility chart to determine what percentage of the Pell grant you are eligible for based on your enrollment status. In addition, the Pell Grant scheduled disbursement dates for the Summer and Fall 2023.

Pell Grant Eligibility Chart

*Units Enrolled = You will only be paid for classes you are actively attending. Late starting classes must start 4 weeks prior to disbursement date. Enrollment Status Units Enrolled % of Pell Eligibility Full Time 12 units or more 100% Three Quarter Time 9.0 – 11.5 units 75% Half Time 6.0 – 8.5 units 50% Less than Half Time 5.5 units or less Eligibility to be determined

You are viewing: When Does Financial Aid Get Disbursed For Fall 2023

Fall 2023 (Pell ONLY)

Student File Completion Deadline* Eligibility NotificationSent to COD Email 1stDisbursement 2ndDisbursement 3rdDisbursement Disbursements 08/09/2023 Early September 09/25/202334% of fall grant 10/18/202333% of fall grant 11/15/202333% of fall grant

1stDisbursement

09/25/2023 34% of fall grant

2ndDisbursement

10/18/2023 33% of fall grant

3rdDisbursement

11/15/2023 33% of fall grant 09/07/2023 Early October 10/18/202367% of fall grant 11/15/202333% of fall grant N/A

1stDisbursement

10/18/2023 67% of fall grant

2ndDisbursement

11/15/2023 33% of fall grant

3rdDisbursement

N/A 10/03/2023 Early November 11/15/2023100% of fall grant N/A N/A

1stDisbursement

11/15/2023 100% of fall grant

2ndDisbursement

N/A

3rdDisbursement

N/A 11/07/2023 Early December 12/18/2023100% of fall grant N/A N/A

1stDisbursement

12/18/2023 100% of fall grant

2ndDisbursement

N/A

3rdDisbursement

N/A 12/13/2023 Early January 01/25/2024100% of fall grant N/A N/A

1stDisbursement

01/25/2024 100% of fall grant

2ndDisbursement

N/A

3rdDisbursement

N/A

Spring 2024 (Pell ONLY)

Student File Completion Deadline* Eligibility NotificationSent to COD Email 1stDisbursement 2ndDisbursement 3rdDisbursement Disbursements 01/16/2024 Early February 02/27/202434% of spring grant, fall retro 03/21/202433% of spring grant, fall retro 04/17/202433% of spring grant, fall retro

1stDisbursement

02/27/2024 34% of spring grant, fall retro

2ndDisbursement

03/21/2024 33% of spring grant, fall retro

3rdDisbursement

04/17/2024 33% of spring grant, fall retro 02/02/2024 Early March 03/21/202467% of spring grant, fall retro 04/17/202433% of spring grant, fall retro % of spring grant, fall retro

1stDisbursement

03/21/2024 67% of spring grant, fall retro

2ndDisbursement

04/17/2024 33% of spring grant, fall retro

3rdDisbursement

% of spring grant, fall retro 03/08/2024 Early April 04/17/2024100% of spring grant, fall retro N/A N/A

1stDisbursement

04/17/2024 100% of spring grant, fall retro

2ndDisbursement

N/A

3rdDisbursement

N/A 04/11/2024 Early May 05/22/2024100% of spring grant, fall retro N/A N/A

1stDisbursement

05/22/2024 100% of spring grant, fall retro

2ndDisbursement

N/A

3rdDisbursement

N/A

Federal Direct Loans

Below are the Federal Direct Loan scheduled disbursement dates for the Fall 2023 and Spring 2024 terms. Direct loans are NOT offered during the Summer terms.

Note, typically a student will receive ONE (1) loan disbursement each term, unless the student has remaining eligibility.

Fall 2023 (Loans ONLY)

Loan Request Form received by: Disbursement Date: September 18th, 2023 October 18th, 2023 October 16th, 2023 November 15th, 2023 November 13th, 2023 December 18th, 2023

Spring 2024 (Loans ONLY)

Loan Request Form received by: Disbursement Date: February 20th, 2024 March 21st, 2024 March 18th, 2024 April 17th, 2024 April 22nd, 2024 May 22nd, 2024

Notes

• *Financial Aid File Completion Date means FAFSA application must be received by COD, all required documents must be submitted to the Financial Aid office, AND file must be determined to be complete by the Financial Aid office by this date. Please note that turning in required documents does not guarantee a financial aid award or disbursement, as documents may be incomplete.

• You will only be paid for classes you are actively attending. Remaining in all of your classes is critical to avoid repayment of funds received. If you receive payment for a class and drop, you may be required to repay a portion or the entire grant you received. Please see our drops, withdrawals and repayment of funds policy.

• Disbursements are based on your enrollment status and units will be checked approximately 4 weeks before each disbursement date (this includes late-start classes). Disbursements will be applied towards your outstanding balance first (within the award year).

• If you are not a California resident or are not eligible for the California College Promise Grant you will need to set up a payment plan with the Bursar’s office to avoid drop for non-payment until your Pell Grant disburses.

• This schedule is subject to Change at any time without warning. All disbursement dates are contingent upon funding and subject to change.

Source: https://t-tees.com
Category: WHEN