Receiving Aid

Knowing when and how much financial aid you'll receive is important. We've provided this guide to let you know what to expect.

Disbursement Information

How Financial Aid is Disbursed

  • Enroll, attend classes and receive your disbursement.
  • If you have been awarded a federal Pell grant, or any other type of aid, please note no additional information is needed to complete your file.
  • These awards are made based on full-time enrollment (12 units per semester). The disbursement amount is based upon the number of units you are currently registered and attending. If you are not enrolled Full-time at the time of disbursement, your disbursement will be adjusted according to enrollment status at the time of calculation. If you drop units, your disbursement amounts may be affected.

How do you sign up for your disbursement choice?

Chaffey College students will receive their financial aid disbursements via BankMobile disbursement services.

  • All students have choices for receiving their financial aid refunds:
  • Electronic Deposit to Another Account
  • Electronic Deposit To A BankMobile Account

Students must make a selection in order to avoid a delay in their disbursement. Once your eligibility is confirmed, you will receive your financial aid funds based on the method you choose to receive your funds.

  • Look for your refund selection kit. It will arrive in a bright green envelope that will be mailed to your address listed on the My Chaffey Portal from BankMobile. This packet will include your personal code. Once you have your code, follow these easy steps:
  • Visit www.Refundselection.com
  • Enter your unique personal code
  • Select how you’d like to receive your funds
  • Complete your profile

It is critical that all students have a correct mailing address on file with Chaffey College. Please log onto the My Chaffey Portal to confirm or update your permanent address.

All BankMobile customers have access to All Point. To find an All Point ATM near you:

  • Download the BankMobile app on your smartphone
  • Visit www.allpointnetwork.com and use the ATM locator
  • Call (800) 809-0308 and select option 2 to access the Voice Assistance ATM locator.

BankMobile Fee Schedule

· Don’t miss financial aid deadlines. Please visit the disbursement schedule to see when your next disbursement will be.

 

Disbursement Schedule

Federal Pell grant awards will be divided in two payments each semester. The first disbursement will be issued during the first week of the semester. Disbursements will be made to eligible students with complete financial aid files that have Pell awarded, are enrolled in full term courses and meet satisfactory academic progress (SAP) per criteria established by the Chaffey College financial aid office. Note: If you have been awarded a federal Pell grant, or any other type of aid, it will be automatically accepted in the award letter. Although you may be registered, you must be in attendance and your classes must have already started. Late start classes must begin for units to be included in first disbursement; otherwise they will be included on subsequent disbursements. Payment will be adjusted according to enrollment status. For students whose financial aid files were incomplete at the beginning of the school year or were awarded later in the term, payments will be issued on subsequent disbursement dates.

* All disbursements are contingent upon funding. Cal Grant disbursements are contingent upon funding from the State. Cal Grant and FSEOG funds will be released in one payment per semester. All financial aid grant funds are disbursed electronically. Eligible Chaffey College students will receive their financial aid disbursements via BankMobile (formerly Higher One) disbursement services. All students have choices for receiving their financial aid refunds: electronic deposit to another account or electronic deposit to a BankMobile account. Students must make a selection in order to avoid a delay in their disbursement. Once eligibility is confirmed, students will receive their financial aid funds based on the method they choose to receive their funds. For more information Visit www.Refundselection.com

Important Information: Students who are on warning, monitoring or termination status, approved appeal or may have been reinstated after summer, fall and spring terms grades posted, may experience a financial aid disbursement delay in their next semester until grades are posted and SAP is evaluated.

** Disbursement schedule is tentative and subject to change. Funds will be available within 24 hours of the scheduled date, and no later than 5 p.m. the following day.

 

FALL 2019 Enrollment Dates 8/19/19-12/19/19
Files completed by: **Funds Available to students by: Award Type
Tuesday, August 13 Thursday, August 22 1st Disbursement: First ½ of Pell Disbursement
Monday, August 26 Thursday, September 5 1st ½ of Pell Disbursement, increased units
Monday, September 9 Thursday, September 19 1st ½ of Pell Disbursement, increased units
Wednesday, September 25 Friday, October 4 1st ½ of Pell Disbursement, increased units, FSEOG, Cal Grant, SSCG
Tuesday, October 8 Thursday, October 17 1st ½ of Pell Disbursement, increased units, FSEOG, Cal Grant, SSCG
Monday, October 21 Thursday, October 31 2nd Disbursement. 1st ½ of Pell Disbursement, increased units, FSEOG, Cal Grant, SSCG
Tuesday, November 5 Friday, November 15 1st Disbursement: 1st Pell Disbursement and Second ½ of Pell Disbursement, FSEOG, Cal Grant, SSCG
Tuesday, November 12 Wednesday, November 27 100% of Pell Disbursement, FSEOG, Cal Grant, SSCG
Tuesday, December 3 Thursday, December 12 100% of Pell Disbursement, FSEOG, Cal Grant, SSCG


SPRING 2020 Enrollment Dates 1/13/20-5/20/20
Files completed by: **Funds Available to students by: Award Type
Tuesday, January 7 Thursday, January 16 1st Disbursement: First ½ of Pell Disbursement
Tuesday, January 21 Thursday, January 30 1st ½ of Pell Disbursement, increased units
Monday, February 3 Thursday, February 13 1st ½ of Pell Disbursement, increased units
Monday, February 24 Thursday, March 5 1st ½ of Pell Disbursement, increased units, FSEOG, Cal Grant, SSCG
Tuesday, March 17 Friday, March 27 1st and 2nd Disbursement: 1st Pell
Disbursement and Second ½ of Pell
Disbursement, FSEOG, Cal Grant, SSCG
Monday, March 30 Thursday, April 9 100% of Pell Disbursement, FSEOG, Cal Grant, SSCG
Tuesday, April 14 Thursday, April 23 100% of Pell Disbursement, FSEOG, Cal Grant, SSCG
Tuesday, April 28 Thursday, May 7 100% of Pell Disbursement, FSEOG, Cal Grant, SSCG
Tuesday, May 19 Thursday, May 28 100% of Pell Disbursement, FSEOG, Cal Grant, SSCG

 

Lifetime Eligibility Used (LEU): Students receiving federal Pell grants are limited to six years (12 semesters) or full time equivalent (600 percent) of aid. Once you have received 600 percent of the Pell grant, you will no longer be eligible for additional Pell grants at Chaffey College or any college/university in the country, regardless of completion of program of study.

Warning: Students will owe money back to the federal government and/or Chaffey college if:

  • Student receives funds and withdraws from all classes prior to completing 60 percent of the term
  • Student receives federal and state aid from more than one school for the same or overlapping term. (This statement does not apply to the BOGW waiver).
  • Reduced enrollment: Student receives funds and withdraws from courses, which changes their enrollment status

Enrollment status

Awards are based on full-time enrollment status; however, students are not necessarily required to enroll in full-time to receive aid. If students are enrolled in less than full-time for the semester, disbursements will be adjusted in accordance with the enrollment status.

  • 12 or more units= full-time enrollment status (students receive 100% of award per semester)
  • 9.0-11.5 units=3/4 time enrollment status (students receive 75% of award per semester)
  • 6.0-8.5 units= ½ time enrollment status (students receive 50% of award per semester)
  • 5.5 units or less= less than half-time enrollment status (award) will be prorated; not all students are eligible at less than half-time enrollment)

You will be notified of any changes or updates to your Chaffey email. Check your Chaffey email periodically for updates.