Federal Disbursement Policies and Regulations

Policies and federal regulations on the timing of the disbursement of financial aid funds.

30-day Delay Policy

All financial aid funds will begin disbursing 30 days after the start of class. All financial aid refunds will be processed after disbursement. The waiting period begins on the first day of the semester. You should be prepared for this delay including arrangements for living expenses. Book advances will be available for an extended period of time to assist with books and supplies. If your course begins after the 30th day, Federal Grant funds will disburse as classes begin.

Note – if you have an accepted Financial Aid award that covers your balance due and no outstanding requirements prior to the payment deadline each semester, your enrollment will be protected from the non-payment drop.

Single Semester Loan Regulation

If you take out a loan for one semester only, the Federal Direct Student Loan and/or a PLUS Loan will be disbursed in two equal installments during that semester. One half of the funds are disbursed after the 30th day of the semester and the remaining half at the mid-point of the semester.

Transfer Monitoring Regulation

JCCC is required to monitor students through the National Student Loan Data System (NSLDS) database. Once a student has been added to the monitoring list, we must wait seven (7) days until we can disburse their Financial Aid funds.This monitoring must occur, even if you did not receive Financial Aid at any other school.  There is no action needed by you (the student) during this process.  You are not eligible to receive any federal student aid until this process is completed. 

This monitoring hold is required to ensure your federal student aid history is updated between the U.S. Department of Education, JCCC, and your prior University or College (if applicable).