Financial Aid - Federal School Code: 006972

 SPRING 2014 Disbursement Dates


All disbursement dates are estimated; the Financial Aid Office cannot guarantee the date you will receive your funds. We recommend you have an alternate plan if there is a delay in your funding.

Financial Aid disbursements (including loans) will be delayed, canceled, or reduced for students who are disqualified from financial aid because of lack of Satisfactory Academic Progress (GPA, Pace, Time Frame). Students on Financial Aid Probation or in Excess Units without an approved Petition must wait until their file is reviewed and approved by the Financial Aid Office. Students who are not approved are disqualified from receiving aid.

For individual information, we recommend that students refer to their Financial Aid Award Notification Email, which is sent to their Butte College email account after their file is completed. Please note that Pell Grant is normally disbursed in TWO payments per semester for California residents. Out-of-state students will receive any remainder from their financial aid once unpaid fees are automatically paid first.

                                                                      PELL GRANT PAYMENT DATES
Your Financial Aid Award Notification Email will indicate your estimated Financial Aid Disbursement Date. IMPORTANT: Financial aid is disbursed according to Need (EFC) and number of units in which you are enrolled. Student must be enrolled.

Students who have been awarded for Fall 2013 aid will have the their Spring 2014 aid disbursed on January 30, 2014 unless student has been disqualified for lack of Satisfactory Academic Progress, or is on Financial Aid Probation or Excess Units status without an approved petition on file with the Financial Aid Office.

  DISBURSEMENT DATES  

 GRANT TYPES

January 30, 2014

1st half of Pell Grant 

February 13, 2014

1st half of  Pell (if not yet received)

February 27, 2014

1st half of Pell (if not yet received)

March 13, 2014

2nd Half of Pell Payment or 

Total Spring 2014 Pell Grant award for eligible students who have not yet received their 1st payment.

March 27, 2014

Total Spring 2014 Pell Grant award for eligible students who have not yet received Pell.

April 10, 2014

Total Spring 2014 Pell Grant award for eligible students who have not yet received Pell. Disbursement date includes 2nd half of loan for Spring-only borrowers.

 May 1, 2014

Total Spring 2014 Pell Grant award for eligible students who have not yet received Pell. 

May 29, 2014

Total Spring 2014 Pell Grant award for eligible students who have not yet received Pell.

FEDERAL DIRECT LOAN PAYMENT DATES
Please refer to your Financial Aid Loan Certification Email, with anticipated disbursement date.

 Important Things to Know:


Enrollment Status 

Payment of Pell, Cal Grant and  FSEOG is prorated based on a student's enrollment status per term.  
 

                 Enrollment Status per Term

Full-Time

12 Units

100% Scheduled Award 

3/4-Time

9-11.99 Units

75% 

1/2-Time

6-8.99 Units

50%

Less Than Half-Time

Less than 6 Units

Approx. 25% - Pertains only to Pell Grant  


 Higher One Disbursement Information                                      

Higher One
  • (BC Access Card) Same-business-day-deposit to your Higher One checking account. Funds available by 5 p.m. We recommend you set up Mobile Alerts so you know that actual time your funds are available.
  • Direct Deposit takes 3 additional days to be deposited into your account.
  • Paper check will take 7-10 business days to arrive.

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