Financial Aid Disbursement Dates
Disbursement occurs when the Financial Aid Office applies funds from your financial aid award (such as grants and student loans) to any tuition, fees, or book charges owed on your student account. Afterward you will receive the remainder of that money in the form of a refund.
How Refunds Work:
- Refunds are processed approximately one week after the disbursement step is completed in the Financial Aid Office.
- All student charges must be paid in full prior to any refund. Only money that is left over after this can be refunded.
More than one refund may be sent due to disbursement timing. Please go to your MyMSTC>Student Center>Finances.
The dates below are estimated disbursement dates. These are the dates that funds will be disbursed onto student tuition accounts at Mid-State. Disbursement dates do not reflect the actual dates students will receive refund direct deposits or checks. Please allow at least one more week to receive refunds.
Disbursement Date (Aid Is Applied to Student Account) |
Type of Financial Aid |
Summer 2024 Semester |
|
July 2, 2024 | Grants and Scholarships |
July 2 2024 | Direct Loan First Disbursement |
July 10, 2024 | Direct Loan Second Disbursement* |
Fall 2024 Semester |
|
September 11, 2024 | Grants and Scholarships |
September 18, 2024 | Direct Loan First Disbursement |
October 16, 2024 | Direct Loan Second Disbursement* |
Spring 2025 Semester |
|
February 12, 2025 | Grants and Scholarships |
February 18, 2025 | Direct Loan First Disbursement |
March 26, 2025 | Direct Loan Second Disbursement* |
*Direct Loan Second Disbursements are for loans that have been accepted for one term only.