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When you accept a financial aid payment, you are agreeing to the terms and conditions of your financial aid.

2011 - 2012 Academic Year Disbursement Dates

Most funds are disbursed in one lump sum (see Perkins exception below) a few days before classes begin. The first scheduled disbursement dates for 2011-2012 are:

Fall 2011 - August 18
Spring 2012 - January 19

If you miss the first disbursement (due to late enrollment, for example), at least two additional disbursements occur each week throughout the semester.

How Much Will I Receive?

In most cases, you will receive 100% of your semester funding at the beginning of the semester. Federal Perkins Loan is the exception (see chart below).

If you are enrolled part-time (fewer than 12 units), you may receive a partial payment of Cal Grant, State University Grant, Federal Pell Grant or EOP Grant. If your enrollment status increases so that you qualify for additional funds, you may receive a supplemental payment . No payment is prepared until you are officially enrolled and meet satisfactory academic progress.


Federal Perkins Loan funds are disbursed in two payments each semester:

Fall 2011 - August 18 and October 27
Spring 2012 - January 19 and April 9


Federal Perkins Loan will be disbursed in two payments each semester: 60% of at the beginning of the semester and 40% at the midpoint in the semester.

Example for a $2400 academic year Federal Perkins award:
Fall 2011
Spring 2012

$720 payment on August 18

$480 payment on October 27

$720 payment on January 19

$480 payment on April 9


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