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DISBURSEMENT SCHEDULE

spring 2017

The disbursements for Financial Aid Remaining Balance Refunds are anticipated to occur as follows. See your campus financial aid advisor if you have any questions concerning the refund process.

SESSION

CLASSES BEGIN

SCHOLARSHIP REMAINING BALANCES DISBURSE

(updated 12/7/16)

GRANTS

REMAINING BALANCES DISBURSE

(updated 12/7/16)

DIRECT LOAN

REMAINING BALANCES DISBURSE

(updated 12/7/16)

16-Week

1st Four-Week

1st Eight-Week

1/9/2017

2/6/2017

2/13/2017

2/20/2017

12-Week

2/6/2017

2/20/2017

2/13/2017

2/20/2017

2nd Four- Week

2/6/2017

2/20/2017

2/13/2017

2/20/2017

3rd Four-Week

3/13/2017

3/20/2017

3/20/2017

3/20/2017

2nd Eight-Week

3/13/2017

3/20/2017

3/20/2017

3/20/2017

4th Four Week

4/10/2017

4/17/2017

4/17/2017

4/17/2017


Dynamic Session Classes
have unique refund and withdrawal dates and may affect the dates of Grant and/or Direct Loan Disbursements. If you have any questions, please contact your Campus Financial Aid Office.

 

Please allow 2-14 business days to receive your refund. Grants and loans for financial aid eligible courses will be disbursed every two weeks from the dates shown above throughout the semester until all refunds are disbursed.

 

To determine how quickly your funds will be available to you, visit our Refund 2 Card website to view information for the refund method you have selected.

 

Delayed Disbursements

 

Tidewater Community College’s delayed disbursement process is used to prevent Pell Grants and Direct Loans from disbursing prior to students beginning attendance in the required number of financial aid eligible credit hours as required by the U. S. Department of Education.

 

Grants

 

Students receiving Pell Grants who are registered for 1 to 5 financial aid eligible credit hours are required to begin attendance in at least one financial aid eligible course before Pell Grants can be disbursed. Students registered for 6 or more financial aid eligible credit hours are required to begin attendance in six financial aid eligible credit hours before Pell Grants can be disbursed.

 

Direct Loans

 

Students receiving Direct Loans who are registered for six or more eligible financial aid credit hours are required to begin attendance in six financial aid eligible credit hours before Direct Loans can be disbursed.

 

Fall 2016

 

SESSION

CLASSES BEGIN

SCHOLARSHIP REMAINING BALANCES DISBURSE

updated 10/24/16

GRANTS

REMAINING BALANCES DISBURSE

updated 10/24/16

DIRECT LOAN

REMAINING BALANCES DISBURSE

updated 10/24/16

16-Week

1st Four-Week

1st Eight-Week

 

08/22/16
09/19/2016

9/26/2016

10/3/2016
12-Week
9/12/2016
9/19/2016

9/26/2016

10/3/2016
2nd Four- Week
9/19/2016
10/3/2016

9/26/2016

10/3/2016
3rd Four-Week
10/17/2016
10/24/2016

10/24/2016

10/24/2016
2nd Eight-Week
10/19/2016
11/7/2016

11/7/2016

11/7/2016
4th Four Week
11/14/2016
11/21/2016

11/21/2016

11/21/2016

 

 

 

 

 

 

 

 

 

 
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