Disbursement and Refund Information
The Award Payment Schedule on Self Service Banner lists an expected date, which is the earliest date Financial Aid office disburses aid to Student's Gavilan account. Once aid is credited to Student's account, it will cover/pay any outstanding balances. If there's a credit on your student account, refund check will be ordered and mailed according to schedule listed below.
Financial Aid disburses and refunds on expected dates when:
- Student is approved and awarded Pell, SEOG, Direct Loans, Cal Grant
- Enrollment in required number of units at least 1 week prior start of term
- Student is meeting academic progress
Disbursement adjustments/reversals occur when students increase or reduce the number of units they are enrolled. Students who drop all classes may be required to repay all, or portion of aid received.
If you have not received your refund on scheduled refund date, please check your academic progress requirement on Self Service Banner, under the Financial Aid tab.
Last refund date before close out
Fall 2014, Spring 2015, Summer 2015
Fri. 8/07/2015: Aviation students
Fall 2015, 1st Half for Grants Fri. 8/28/2015: All students Fall 2015, 1st Half for Grants Tues. 10/13/2015: Aviation students Fall 2015, 2nd half Mon. 10/26/2015: All students Fall 2015, 2nd Half