The Financial Aid Office cannot guarantee the arrival or disbursem*nt of funds. The dates represent the earliest date funds can be applied to your account in the Bursar’s Office.
Financial Aid awards cannot be disbursed until the attendance in class has been confirmed. Students who have multiple start dates within a semester cannot receive aid until the class(es) has started. Students whose enrollment changes may have financial aid awards adjusted to reflect any changes made.
All refunds are processed through Bank Mobile. To activate your Bank Mobile account or to choose your refund preference go to your KCTCS Student Service Center or login to Bank Mobile.
For questions regarding your refund contact the Bursar’s Office at (855) 246-2477 or email bl-bursaroffice@kctcs.edu.
- Book charges
- Disbursem*nt
- March 3: Federal Pell Grant, SEOG, CAP Federal Direct Loans and Scholarships
- March 10: First Year, First Time Federal Direct Loan Borrowers
- Refund Date
- Book charges
- Disbursem*nt
- March 25: Federal Pell Grant, SEOG, CAP Federal Direct Loans and Scholarships
- April 8: First Year, First Time Federal Direct Loan Borrowers
- Refund Date
SUMMER 2024 - 1ST 4 Week, 6 Week, and 8 Week Session Start
- Book Charges
- Disbursem*nt
- June 10: Federal Pell Grant, SEOG, 1st disbursem*nt Federal Direct Loans
- July 8: 2nd disbursem*nt Federal Direct Loans
- Refund Date
- Begin: June 13
- July 11: 2nd disbursem*nt Federal Direct Loans
SUMMER 2024 - 2nd 4 Week, 6 Week, and 8 Week Only Session Start
- Book Charges
- Disbursem*nt
- July 8: Federal Pell Grant, SEOG, 1st disbursem*nt Federal Direct Loans
- July 15: 2nd disbursem*nt Federal Direct Loans
- Refund Date
- Begin: July 11
- July 18: 2nd disbursem*nt Federal Direct Loans
- First Year, First Time Federal Direct Loan Borrowers
- The Financial Aid Office cannot guarantee the arrival or disbursem*nt of funds.
- Class attendance must be confirmed to receive aid. If attendance is not confirmed aid will be reduced or cancelled.
- Refunds are processed through Bank Mobile.
- All dates are subject to change.
The Financial Aid Office cannot guarantee the arrival or disbursem*nt of funds. The dates represent the earliest date funds can be applied to your account in the Bursar’s Office. All dates are subject to change.
Financial Aid awards cannot be disbursed until the attendance in class has been confirmed. Students who have multiple start dates within a semester cannot receive aid until the class(es) has started. Students whose enrollment changes may have financial aid awards adjusted to reflect any changes made.
All refunds are processed weekly through Bank Mobile. To activate your Bank Mobile account or to choose your refund preference go to your KCTCS Student Service Center or login to Bank Mobile. For questions regarding your refund contact the Bursar’s Office at (855) 246-2477 or email at BL-businessoffice@kctcs.edu.
SAP Meeting Dates
We review Satisfactory Academic Progress (SAP) Appeals every business day unless our office/institution is closed. We can only consider complete appeals (with all required documentation) for approval. We defer incomplete appeals until you provide us with the required documentation. We will email your KCTCS email account with the result of your appeal within one business day unless our office/institution is closed.
SAP Appeal Request Deadlines:
- Summer 2024: July 12, 2024
- Fall 2024: October 18, 2024
- Spring 2025: March 21, 2025
The dates listed above represent the last day to submit a complete appeal or documentation for a deferred appeal. At that time, we will automatically deny any appeals for that academic term that are still in a deferred state.
FAQs
Add tuition and fees and book allowance then Subtract tuition from the disbursed amount to get an estimated amount of your refund. disbursem*nt: If you have a balance, subtract it from the disbursed amount to get an estimated amount of your refund.
How do I know how much my financial aid refund will be? ›
Add tuition and fees and book allowance then Subtract tuition from the disbursed amount to get an estimated amount of your refund. disbursem*nt: If you have a balance, subtract it from the disbursed amount to get an estimated amount of your refund.
How many times can you fail with financial aid? ›
Federal regulations limit the number of times a student may repeat a course and receive federal financial aid for that course. Generally, you can receive the Federal Pell Grant when repeating the same course up to two times (if you've received a passing grade both times).
Why did I not get financial aid this year? ›
If you did not complete the FAFSA for the academic year when you are seeking aid, you won't receive any. If you did complete the FAFSA, but didn't receive financial aid, confirm that you completed the form for the correct year. Contact your school's financial aid office if the wrong form was completed.
Why is financial aid taking long? ›
Unfortunately, financial aid delays can happen. The most common reasons for delays include the following: Not registering for enough credits: With most grants and student loans, you must be enrolled at least half time. If you're below the required credit amount, your financial aid won't be issued.
How will I know how much financial aid I will get? ›
Your EFC (2023–24 FAFSA form) is an index number that college financial aid staff use to determine how much financial aid you would receive if you were to attend their school. The information you report on your FAFSA form is used to calculate your EFC. The EFC is calculated according to a formula established by law.
What are the FAFSA disbursem*nt dates? ›
Students can expect to receive disbursem*nt, if eligible, within 10 days of the start date of summer courses. disbursem*nts occur approximately every 3 weeks throughout the year for students not meeting the Award Notification Dates above. Direct Loan disbursem*nts prior to the 2nd Pell Grant payment.
Why didn't I get my full Pell Grant? ›
It's possible that you might not receive your entire scheduled award for an award year. There are a few reasons for this, the most common of which are that you are not enrolled for the full year or that you are not enrolled full-time, or both. We calculate the percentage of the scheduled award that you did receive.
Has FAFSA been delayed? ›
Continued delays are causing grave concerns among students, parents, colleges and higher education advocates about the rocky rollout of the 2024-2025 FAFSA.
How to know if FAFSA is approved? ›
After you submit your FAFSA form online, you can check its status immediately by going to fafsa.gov and logging in with your FSA ID (account username and password). (Note: Only the student can check the status.)
If you're a first-year undergraduate student and a first-time borrower, you may have to wait 30 days after the first day of your enrollment period (semester, trimester, etc.) before your school is allowed to give you your loan money.
How long will FAFSA be in review? ›
If you submitted a paper FAFSA form, your form will be processed within 7 to 10 days. Once your form is processed, you'll receive a copy of your Student Aid Report (SAR), which summarizes the information you provided on your FAFSA form. Review your SAR and make sure all of the information is complete and accurate.
What causes delays in receiving financial aid? ›
The FAFSA form is essential for students seeking financial aid for college, but a combination of factors, including a delayed release of the updated form, miscalculations, and technical glitches, have led to significant delays at colleges nationwide.
How can I see how much my refund will be? ›
By using a tax refund calculator, you'll get an idea of how much you might get back or owe. This can help you plan your finances better, whether it's setting aside money if you owe taxes or planning how to use a potential refund. Remember, it's just an estimate, but it can give you a good starting point.
How to see how much money FAFSA gave you? ›
Once your FAFSA form or correction has been processed, you can get a copy of your SAR by logging in to fafsa.gov using your FSA ID and selecting the “View SAR” option near the middle of the “My FAFSA” page.
How to calculate a refund check? ›
Every year, your refund is calculated as the amount withheld for federal income tax, minus your total federal income tax for the year. A large portion of the money being withheld from each of your paychecks does not actually go toward federal income tax.
How to calculate disbursem*nt amount? ›
To calculate the disbursem*nt amount for each period, the borrower would divide the total interest charge by the sum of the weights for each period.
