Funds Release Schedule
Disbursement Schedule
(530)242-7700
9/11/14 - To Receive​ the 2nd Disbursement on September 19th
You must have Pell grant on your award letter and be enrolled in classes by September 12, 2014.
​The Bog Fee Waiver (BOGFW) will initiate an award letter.
The BOGFW will be posted to your award letter as soon as you have been determined eligible, a​ll other award eligibility will be posted once "My Documents" through your student "My Shasta" account is marked "Processed".
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.

​Payments may be adjusted to reflect your current enrollment status.
If you add or drop units at any time 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.
​​Enrollment Status
​% of Eligibility​
​12 or more units        
100% 
​9 to 11.5 units            
​75%​
​6 to 8.5 units              
​50%
​Less than 6 units       
​Stop by the Financial Aid Office to discuss eligibility
​SEOG                           
​Yo​u must be registered full-time (12 or more units)
​Federal Direct Loans
​You must be registered in at least 6 academic unit
Student's with a high EFC may be required to be enrolled in a specific number of units to be eligible for payment. Stop by the Financial Aid Office to discuss your payment status. 
While we make every effort to maintain the published disbursement schedule, disbursements may  be subject to ch​​ange. Please check this web page for the most current dates.

Pell Grant​

Summer 2014​
​​One disbursement per student for summer ​June 19
​July 17
Fall 2014
​First 25%                 August 15
​Second 25%    9/11/14 - To Receive​ September 19th Disbrusement
                        You must have Pell grant on your award letter and be                                     enrolled in classes by September 12, 2014.
September 19
​Third 25% October 17
​Fourth 25% November 7
​Spring 2015
First 25% January 16
​Second 25% ​February 6
​Third 25% ​March 20 
​Fourth 25% ​April 24

SEOG​

One Disbursement Per Semester​
Fall 2014 Late - October​**
Spring 2015 Late - March​**
 **​The exact date will be posted prior to the disbursement.
Cal-Grant B & C Award Information:
We receive information in September regarding student awards. 
If Cal-grant is not listed on the Award Letter we have not received information from the California Student Aid Commission regarding your eligibility.

Log into "Webgrants" for students, a link is loc​ated on our "Financi​al Aid Home" webpa​ge, to be sure you were awarded and that S​hasta College is the school listed.

​One di​sbursement per semester, once funds are received from the State of California
​Fall 2014 ​Late -October**
Spring​ 2015 Late - March**
**The exact date will be posted prior to the disbursement.

​Scholarship Payments:
It takes 1 to 2 weeks to generate and mail a check to the student​ once scholarship funding is posted to the Financial Aid Award Letter.​
​Activate your Shasta College​ / HigherOne Debit Card to receive your disbursement
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 awards, funds availability or Satisfactory Academic Progress.

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. 

Students may only receive payment from one institution at a time.
In 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.​

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