Portland Community University
Step 4: Receive your funds
If you should be getting decidedly more cash than your debt in tuition and charges, you will be given a “financial aid reimbursement”. After completing Step 3 – Review and accept award, proceed with the steps below to get your funds.
Getting your cash
Watch your PCC e-mail
Right after accepting your prize, you’ll receive a message about MyRefunds.
Choose your reimbursement method
To choose the way you desire to get your hard earned money, go directly to the spending money on College tab in MyPCC and then click Manage MyRefunds. (It is underneath the school funding Dashboard.) Repeat this because of the Saturday that is first of term, or your reimbursement could possibly be delayed by as much as fourteen days.
Wait for disbursement
From the disbursement times shown below, check your My Account channel in MyPCC to see reimbursement amounts.
Need books? Do you realize many students may charge publications to aid that is financial even before their funds is disbursed? It is real, and it’s really awesome!
Get your money (it will take 1 to 3 times)
Your reimbursement will be brought to your account within 1 to 3 business times – see MyRefunds for more information. You will get a message if your reimbursement happens to be delivered.
Disbursement routine
Various funds are disbursed at different occuring times. Find your fund below to see with regards to shall be disbursed.
| style of fund | Winter 2019 | Spring 2019 | summer time 2019 | Fall 2019 | Winter 2020 | Spring 2020 |
|---|---|---|---|---|---|---|
| Grants and Loans | Jan 17 | Apr 11 | Jul 5 | Oct 3 | Jan 16 | Apr 9 |
| Direct Loan, 1st-time debtor Disbursement for 1st-time borrowers is delayed thirty days. | Feb 7 | May 2 | Jul 25 | Oct 24 | Feb 6 | Apr 30 |
| Direct loan that is 1-term 2nd disbursement One-term loans are distributed in 2 disbursements. The second disbursement may be the mid-point within the term. | Feb title max 15 | May 10 | Aug 2 | Nov 5 | Feb 14 | May 8 |
| Work research | Funds are disbursed in paychecks for the term | |||||
Let’s say the quantity disbursed does not cover your costs?
Tuition and charges perhaps not covered by educational funding needs to be compensated by you – see methods to spend.
Note: the total amount disbursed could be not as much as the total amount in your prize letter
The quantities shown in your letter that is award are on full-time enrollment (12 credits per term). If you’re enrolled for less than 12 credits if your funds are disbursed, your amounts that are award are modified. If you have questions about your award amounts, contact the Financial Aid workplace.
Once you receive your funds.
You keep your funds: learn more at Step 5 – Maintain eligibility after you get your funds, make sure.
