Step 4: Receive your funds
If you’re getting more money than you owe in tuition and fees, you’ll receive a “financial aid refund”. After completing Step 3: Review and accept award, follow the steps below to receive your funds.
How to get your money
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Watch your PCC email
Soon after accepting your award, you’ll get an email about MyRefunds.
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Choose your refund method
To choose how you want to receive your money, go to the Paying for College tab in MyPCC and click Manage MyRefunds. (It’s under the Financial Aid Dashboard.) Do this by the first Saturday of the term, or your refund could be delayed by up to two weeks.
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Wait for disbursement
On the disbursement dates shown below, check your My Account channel in MyPCC to see refund amounts.
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Get your money (takes 1-3 days)
Need books? Most students can charge books to financial aid, even before their money is disbursed.
Your refund will be delivered to your account within 1 to 3 business days – see MyRefunds for more info. You’ll get an email when your refund has been delivered.
Disbursement schedule
Different funds are disbursed at different times. See below for specific disbursement dates.
| Type of fund | Spring 2023 | Summer 2023 | Fall 2023 | Winter 2024 | Spring 2024 |
|---|---|---|---|---|---|
| Grants and Loans | Apr 14 | Jul 7 | Oct 6 | Jan 19 | Apr 12 |
| Direct Loan, 1st-time borrower Disbursement for 1st-time borrowers is delayed 30 days. |
May 4 | Jul 28 | Oct 26 | Feb 9 | May 4 |
| Direct 1-term Loan, 2nd disbursement One-term loans are distributed in two disbursements. The 2nd disbursement is the mid-point in the term. |
May 12 | Aug 4 | Nov 7 | Feb 17 | May 12 |
| Work Study | Funds are disbursed in paychecks throughout the term | ||||
What if disbursed funds don’t cover your charges?
Tuition and fees 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.