Step 4: Receive your funds

disbursement icon

Once you've completed Step 3 - Review and Accept Award, follow these steps to receive your funds.

Bookstore charging: You don't have to wait until disbursement to buy your books. If you authorized bookstore charges on your award letter, then you may be able to charge textbooks at the bookstore.

How to get your money

  1. Watch your PCC email

    Soon after you accept your award, you'll get an email about MyRefunds.

  2. Set up your refund method

    All financial aid students need to choose a refund method. If you don't, your money will be delayed by up to two weeks.

    1. Log in to the MyPCC Paying for College tab.
    2. Click MyRefunds in the Financial Aid channel. For details, visit the MyRefunds page. To get your money on time, set up your refund method by the first day of the term.
  3. Wait for disbursement

    Funds are credited to your student account according to the disbursement schedule below. You can view your student account on the MyPCC Paying for College tab.

  4. Get your money

    If you're getting more money than you owe in tuition and fees, you'll receive a refund. Your refund will be delivered to your account within 1 to 3 business days. You'll get an email when your refund has been delivered.

Disbursement Schedule

Different funds are disbursed at different times. Find your fund below to see when it will be disbursed.

 Type of fund Summer
2014
Fall
2014
Winter
2015
Spring
2015
Work Study funds are disbursed in paychecks throughout the term
Grants July 3 October 3 January 15 April 9
Loans
Direct Loan, 1st-time borrower
Disbursement for 1st-time borrowers is delayed 30 days.
July 24 October 23 February 5 April 30
Direct one-term Loan, 2nd disbursement
One-term loans are distributed in two disbursements.
The 2nd disbursement is the mid-point in the term.
August 1 November 4 February 13 May 8

What if the amount disbursed doesn't cover all your charges?

Any costs not covered by financial aid must be paid by you. See ways to pay.

Note: the amount disbursed may be less than the amount in your award letter

The amounts shown in your award letter are based on full-time enrollment (12 credits per term). If you are enrolled for fewer than 12 credits when your funds are disbursed, your award amounts might have been adjusted. If you have questions about your award amounts, contact the financial aid office.

After you receive your funds...

After you get your funds, make sure you keep your funds: learn more at Step 5 - Maintain Eligibility.