Financial Aid Disbursement

Disbursement of financial aid awards to students in credit hour programs begins in September for the fall term, late January for the spring term, and June for the summer term, after faculty confirms you have attended during the first week of class. Awards are disbursed when the student has submitted all required information and/or documentation and meets all eligibility criteria, including the Standards of Academic Progress for Financial Aid recipients. For clock hour programs please visit the web page pbsc.edu/FinancialAid.

Disbursements will continue throughout the semester for eligible students. If the total amount of aid disbursed for the term exceeds the cost of tuition, fees, obligations, and books (if any), the student may receive a financial aid refund after all tuition, fees and book charges are paid in full and the credit balance is obtained.

Direct bank deposit is highly recommended and is available to all students. Direct deposit reduces the risk of those funds being lost or delayed. Students can elect this option by selecting the Finances worklet, then Set Up Payment Elections, under My Account.