Financial Aid Disbursement and Refund Schedule | SCC

Financial Aid Disbursement and Refund Schedule

Summer 2024 financial aid is based on the 2023-2024 FAFSA. Awards are calculated and disbursed using the SCC academic calendar.

Summer 2024 Refund dates

Summer 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
Summer Sessions (12 week, 6 week, and 4 week) starts on 05/13/2024 06/20/2024
Summer Sessions (8 week) starts 06/10/2024 06/27/2024
Summer Session (6 week) starts on 06/24/2024 07/11/2024

Summer Loans are issued in two separate disbursements.

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