Financial Aid Disbursement and Refund Schedule | SCC

Financial Aid Disbursement and Refund Schedule

Spring 2023 financial aid is based on the 2022-2023 FAFSA. Awards are calculated and disbursed using the SCC Academic Calendar.

Spring 2023 Refund dates

Spring refunds will follow the schedule below. Attendance in each class must be confirmed before disbursement of grants will begin. Financial Aid amounts are subject to change based on attendance in your classes. Classes must be required for your SCC program plan to be aid eligible.

Refund - the release of residual funds to the student's selected refund preference with BankMobile Disbursements, a technology solution, powered by BMTX, Inc. More information about refunds is available at Refund Choices.

Refund Schedule
Refund Term Initial Refund Date
Spring Session (16 week and first 8 week) starts on 01/09/2023 02/15/2023
Spring Session (12 week) starts 02/06/2023 02/22/2023
Spring Session (second 8 week) starts on 03/13/2023 03/29/2023

 

NOTE: Your Bank Mobile Refund Preference will determine when you receive your refund.

Refund Timeline based on Refund Preference
Refund Choice Refund Timeline
Existing Bank Account 2-3 Days
Paper Check 7-10 Days
BankMobile VIBE Account Same Business Day