As student's financial aid files are completed and processed, students are packaged and awarded eligible aid. Students are notified via their College issued email and asked to review their awards in MyMendo.
Financial aid disbursements will be based on your enrollment as of the day after the Last Day to Drop without a Grade Notation.
Pell Grants and Direct Loans are issued in two payments each semester. All other awards ie. FSEOG, Cal Grants, EOPS Grants, are issued in one payment each semester.
For the first disbursement we will pay you based on your enrollment at the time we process your payment. At the second disbursement we will adjust your aid based on your enrollment on the financial aid freeze date, which is the day after last date to drop without a grade notation. Your Satisfactory Academic Progress will be calculated by calculating your successful completion of these classes. As always - only enroll in courses you think you can successfully complete. Continued financial aid depends on you completing 67% of the courses you enroll in a semester and maintaining a cumulative GPA of 2.0 or better.
You must be enrolled in late start courses by the financial aid freeze date. Late start enrollment after the freeze date will not be included in your financial aid calculation.
Mendocino College delivers your refund with BankMObile Disbursements, a technology solution, powered by BMTX, Inc. For more information about BankMobile Disbursements, visit this link: http://bankmobiledisbursements.com/refundchoices/.
For more information, visit: https://www.mendocino.edu/student-services/financial-aid/policies/disbursements
NOTE: The dates and deadlines listed below are subject to change.
Once initial deadline dates have passed we process disbursement runs every week. If you see your award posted to MyMendo the regular processing time is one to two weeks for the funds to reach you. Outstanding financial aid documents may delay the processing and disbursement of your funds.
|August 11, 2022||1st Pell Grant disbursement|
|August 29, 2022||Financial Aid Freeze Date|
|September 8, 2022||FSEOG and Cal Grant disbursement|
|September 15, 2022||2nd Pell Grant disbursement|
|September 16, 2022||1st Direct Loan disbursement|
|October 14, 2022||2nd Direct Loan disbursement|
|November 23, 2022||Loan application deadline for Fall only students|
|January 12, 2023||1st Pell Grant disbursement|
|January 30, 2023||Financial Aid Freeze Date|
|February 2, 2023||FSEOG/Cal Grant disbursement|
|February 16, 2023||2nd Pell Grant disbursement|
|February 16, 2023||1st Direct Loan disbursement|
|March 17, 2023||2nd Direct Loan disbursement|
|May 5, 2023||Loan application deadline for Spring only students|
|June 15, 2023||Pell Grant disbursement|
|June 17, 2023||Financial Aid Freeze date|
|July 20, 2023||1st Direct Loan disbursement|
|July 27, 2023||2nd Direct Loan disbursement|
|July 27, 2023||Loan application deadline|