All school funding sources (funds, scholarships, loans) disburse at different times through the entire semester as funds are received.
Pupils are notified by e-mail when funds disburse. Re re Payment of present semester tuition/fee/book fees are compensated because of the very very first aid that is financial put on your pupil account. For details, review your account task.
Dates are susceptible to alter.
2020 Spring Pell Dates
2020 Spring Loan Dates
Oklahoma’s Promise and OTAG Disburse as funds are gotten through the continuing State, near mid-term of every semester.
Loans disburse for first-time education loan borrowers 30-days after semester begin date.
Last half of one-term loans disburse mid-term.
Federal grant and loan funds are granted up to a pupil underneath the presumption that the pupil will attend college for your period that is award. Course attendance is a necessity for Federal scholar help eligibility. Pupils must go to and take part in course through the tenth week of 16-week courses or even the week that is 5th 8-week courses to make all their school funding funds. Pupils should contact financialaidoffice@occc.edu before totally withdrawing from all courses in one single term.
Refunds – OCCC dilemmas refunds from extra loan/grant/scholarship funds via a partnership with BankMobile Disbursements. If you should be eligible for a reimbursement, BankMobile will be sending a message notifying you whenever it offers prepared. Refunds procedure prior to your chosen reimbursement choice. When you yourself have perhaps maybe not chosen a reimbursement choice, login to MyOCCC Portal click menu in top corner that is left MyMoney – reimbursement choice. Contact bursar@occc.edu for help. To learn more check out: Bankmobiledisbursements.
Pell Grant Disbursements – Pell prizes are evaluated predicated on a student’s enrollment during the close of this semester add/drop duration. Pupils awarded prior to this date will be in the first planned Pell disbursement. Following this date, expect a one-week processing time after being awarded become regarding the next planned Pell disbursement.
Module Courses – Students signed up for module 8-week or quick track courses that start later when you look at the semester will receive Pell grant funds of these courses with their 16-week courses. Dropping module courses may end in a Pell overpayment. The pupil shall lead to repaying any overpayment. Please contact the school funding workplace before dropping!
Loans Disbursements for pupils that have finished Entrance Counseling and Loan Agreement (MPN), are signed up for at the very least 6-credit hours, while having accepted their loan by the week ahead of disbursement can get become regarding the first scheduled loan disbursement. Following this date, anticipate a one-week processing time after loan acceptance to be from the next scheduled loan disbursement.
First-Time Student-Borrowers, in the 1st 12 months of the level system, initial loan disbursements are planned at the very least thirty day period following the start of loan duration.
One-Term Loans – pupils receiving an one-term loan for the present semester will get loans in 2 disbursements. The disbursement that is second be on or following the semester mid-term.
Pell Bookstore Charges – Bookstore fees start 1 week ahead of the semester start date and continue through the very first week of 8-week courses or even the first couple of https://speedyloan.net/reviews/mypaydayloan months of 16-week courses. Qualified pupils enrolled and awarded for the semester with extra Federal Pell Grant funds most likely fee and tuition fees are compensated, may get straight to OCCC Bookstore making use of their OCCC scholar ID to charge required books and materials.
Education loan Bookstore Charges – Eligible pupils with extra loan funds after tuition/fee costs, that are maybe not planned to get their loan disbursement, may request that loan bookstore voucher through the aid that is financial to charge against their loan. An OCCC scholar ID is needed to charge at the OCCC Bookstore.