Award/Disbursement Information        ​​

530.242.7700   financialaid@shastacollege.edu
 
  1. ​​​Declare your Refund Choice here when you receive​ your Shasta College Card​.
  2. Award amounts are based on enrollment status. To receive the full award amount listed on the Award Letter you must be registered as a full-time (12 or more units) student for the entire semester.
  3. Payments may be adjusted to reflect your current enrollment status. If you add or drop units during the semester your past and future disbursements may be adjusted. Depending on the number of units dropped any remaining disbursements for the semester may be cancelled.
    Note: In rare cases dropping units may require the student to pay funds back.
  4. Please be aware that awards are progressive and posted as eligibility is determined.While we make every effort to package accurate awards based on your cost of attendance and need evaluation, we reserve the right to adjust your award notification at any time. Awards may be adjusted for reasons such as change in units, additional awar​ds, funds availability or Satisfactory Academic Progress.
  5. Students who have been overpaid will be responsible to return funds.
    While we make every effort to cause the least amount of error, overpayments regardless of the cause, will be the responsibility of the student. 
  6. Students may only receive payment from one institution at a timeIn some instances, due to attendance during summer terms or transferring from another school, some students may receive cross overpayments due to a delay in reporting from the prior school. When this occurs the student will be required to repay any overpayment.
  7. While we make every effort to maintain the published disbursement schedule, dibursements may be subject to change. Please check this page for the most current dates. 
  8. If you are in the ACE Program, your disbursements will be different than the schedule listed below. Please contact Renee at 530.242.7708 for more information regarding your disbursements. 

























  ​ ​ ​​​​​​​​  
​​Units Enrolled  Enrollment Status​ % of your Pell Eligibility​
​12 or more ​Full time 100%​
​9 to 11.5 Three quarters time​ 75%​
6 to 8.5​ Half time​ 50%​
​Less than 6 Less than half time​ Check with Financial Aid    


​Board of Governor’s Fee Waiver (BOG-State Grant)

The BOG Fee Waiver is a non-cash award and waives a student's enrollment fees, if eligible. 

For more information on BOG eligibility criteria, click here. Once applied to the students account, the $46/per unit will be waived. The student will be responsible for any other fees such as: the health and campus fee, material fees, parking permit, etc. If you have already paid for your enrollment fees and then receive the BOG Fee Waiver, your refund will be processed through Admissions and Records. Call 530-242-7650 for more information. 



Pell Grant (Federal Grant)

Disbursements are based on enrollment status at the time the disbursement begins processing.

Eligibilty for the Pell Grant is based on financial need, as determined by the information submitted on your FAFSA. More information about the Pell Grant can be found here. Typically, each semester the Pell Grant is disbursed in four disbursements of 25% of your total award eligibility. The amount disbursed is dependent upon your total Pell Grant award for the semester as well as the number of units that you are enrolled in. If your financial aid is processed late and you miss a standard disbursement, your funds will be released at the next disbursement date and will include any missed disbursements. Additonally, if you add or drop units throughout the semester, your total Pell Grant eligibilty for the semester may be adjusted and future disbursements could be affected.  

Summer-2016
Fall-2016
Spring-2017
 6/23/2016 - 1st standard disbursement
8/5/2016
1st Standard                
1/13/2017
1st Standard​
7/21/2016 - If you haven't received a disbursement for the summer 9/16/2016
2nd Standard​
2/10/2017
2nd Standard​
9/23/2016 - FINAL 
15-16 disbursement​
​10/14/2016
3rd Standard 
3/10/2017
3rd Standard​

11/18/2016
4th Standard
4/21/2017
4th Standard​















Cal Grant (State Grant)

Enrollment must remain at 6+ units at the time of disbursing funds.

Cal Grant is released to students as soon as Shasta College has received all funds from California Student Aid Commission (CSAC) and at the next possible disbursement date arranged with the Business Office. To be eligible for Cal Grant you must meet certain application deadlines and eligibility criteria. For more information on Cal Grant, click here. Cal Grant is typically first released based on the following table:

Fall-2016 Spring-2017
​9/16/2016
Standard Disbursement
​3/3/2016
Standard Disbursement


 

Full Time Student Success Grant  (FTSSG-State Grant)

Enrollment must remain at 12+ units at the time of disbursing funds.

FTSSG is released to students as soon as the student has received their Cal B disbursement and at the next possible disbursement date arranged with the Business Office. To be eligible for the FTSSG you must meet certain application deadlines and eligibility criteria. Read more by clicking here. FTSSG is typically first released based on the following table:

Fall-2016 Spring-2017
​9/16/2016 
Standard disbursement
​3/3/2017
Standard Disbursement



Supplemental Educational Opportunity Grant (SEOG-Federal Grant)

Enrollment must remain at 12+ units at the time of disbursing funds.

SEOG is released to students post census day during each semester.  To be eligible for the SEOG you must meet certain eligibility and enrollment criteria. Read more by clicking here. SEOG is typically first released based on the following table:

Fall-2016 Spring-2017
​9/16/2016
Standard Disbursement
​2/10/2017
Standard Disbursement



Student Loans (Federal)

Enrollment must remain at least 6+ units in order to be eligible to receive a student loan.

Student loans are not released until at least 30 days have passed from the start of each semester.  To be eligible for a student loan you must meet certain eligibility and enrollment criteria. Read more by clicking here. Student loans are typically first released based on the following table, however you will receive a notice in the mail/email stating what disbursement date your loan will be released to you:

Spring 2016

2/5/2016

Full Year Loan (1st-in Fall and 2nd-in Spring)

3/4/2016

One semester Loan (1st –in Spring)

4/15/2016

One semester Loan (2nd-in Spring)



Scholarships

Once scholarship funding has been received by Shasta College, it takes one to two weeks to generate and mail a check to the student. Once the funds have been received, the award will be updated on the student’s award letter. To learn more information on scholarships, click here​.