About BankMobile Disbursements

Shasta College has partnered with BankMobile to deliver your financial aid refund. For more information about BankMobile, visit this Refund Choices webpage on BankMobile's website.

View our required disclosures and contract with BankMobile, a Division of Customer Bank.

Financial Disbursement Schedule

We make every effort to maintain the published disbursement schedule; however it is subject to change.

Pell Grant​​ ​(FPELL)

Starting Fall-2019 (FPELL) disbursements are based on current enrollment status at the time of census date every semester. See the important dates to determine your enrollment status at the census date. Withdrawing from courses will not impact your enrollment at the time of the next disbursement, but will count towards your SAP status.

Summer 2020 Fall 2020
Summer Semester Begins: 06/08/2020
Summer disbursements are sent all in one payment. if you did not receive your payment on time, or added classes late please refer to the 'alternative dates'
Fall Semester Start Date: 08/17/20
Census Date: 08/31/20
Last Day to Drop with a "W": 11/12/20
1st Standard Disbursement: 06/04/20

Haven't received a disbursement?
Alternative Dates: 6/11/20, 6/18/20, 7/16/20
1st Standard Disbursement: 08/14/20

Haven't received a disbursement?
Alternative Dates: 08/21/20, 08/28/20
  2nd Standard Disbursement: 09/11/20

Haven't received a disbursement?
Alternative Dates: 09/25/20
  3rd Standard Disbursement: 10/09/20

Haven't received a disbursement?
Alternative Dates: 10/23/20
  4th Standard Disbursement: 11/06/20

Haven't received a disbursement?
Alternative Dates: 11/20/20, 12/11/20

Cal-Grant (CAL B or CAL C)

Students must maintain enrollment in at least 6+ units to be certified to receive Cal Grant funds.

Fall 2020 Spring 2021
Standard Disbursement: 09/11/20
Haven't received a disbursement?
Alternative Dates: 10/25/2019, 11/22/2019
Standard Disbursement: 02/12/21
Haven't received a disbursement?
Alternative Dates: 2/28/2020, 3/27/2020, 4/17/2020

Cal Grant funds are received from the state of California on an on-going basis and awards are certified for students as the funds arrive. The Financial Aid will start disursing Cal-Grants on 09/11/20 but you may not receive a disbursement on that day. Additional disbursements dates for cal-grants are 09/25/20, 10/09/20, 10/23/20, 11/06/20, 11/20/20 and 12/11/20.​

Student Success Completion Grant (SSCG)

Enrollment must remain at 12+ units at the time SSCG  funds are disbursed.

Fall 2020 Spring 2021
Standard Disbursement: 09/11/20
Haven't received a disbursement?
Alternative Dates: 10/09/20, 10/23/20, 11/06/20, 11/20/20, 12/11/20
Standard Disbursement: 02/12/21
Haven't received a disbursement?
Alternative Dates: 02/26/21, 03/12/21, 03/26/21, 04/16/21

Disbursement dates for SSCG are approximate, and depend on when Cal Grant funds are disbursed. This grant can only be disbursed after the Cal Grant has been disbursed.

Supplemental Educational Opportunity Grant

Enrollment must remain at 12+ units at the time FSEOG funds are disbursed at the time of census.

Fall 2020 Spring 2021
Standard Disbursement: 09/11/20
Haven't received a disbursement?
Alternative Dates: 09/25/20
Standard Disbursement: 02/21/21
Haven't received a disbursement?
Alternative Dates: 03/12/21

Federal Direct Loans

Enrollment must remain at 6+ units to be eligible and to receive payment of a Direct Federal Student Loan at the time of disbursement.

  • You will receive​ an award letter with your specific disbursement date(s).
  • Always refer to the award letter for your loan disbursement date(s).
  • Loans must be disbursed at least 30 days after school starts.
Fall 2020 Spring 2021
9/25/20 02/26/21
10/09/20 03/12/21
10/23/20 03/26/21
11/06/20 04/16/21
11/20/20 04/30/21
12/11/20  

Students who are citizens of the Freely Associated States-the Federated States of Micronesia  and the Republics of Palau and the Marshall Islands are eligible for Pell Grants (citizens of Palau are also eligible for FWS and FSEOG), but are not eligible for federal direct student loans.

Scholarships

  • Once the funds have been received, the award will be updated on the student’s award letter.
  • It takes one to two weeks to generate and mail a check to the student.  
  • To learn more information on scholarships, please visit the Scholarships webpage.