Refund is the process of turning your financial aid offer into a payment. You must meet all eligibility requirements in order for the Student Financial Services Office to request a refund of funds.
Important: 2024 - 2025 Refunds are based on the number of units you are officially registered for at the time of calculation and is as follows:
Once the annual Federal Pell Grant is determined, half of the award will be offered in each semester of the award year and will be prorated by Enrollment Intensity Levels instead of Enrollment Levels.
Number of Units | Enrollment Levels | Enrollment Intensity |
---|---|---|
12 (or more) | Full-Time (100%) | 100% |
11 |
Three-Quarter Time 75% |
92% |
10 | 83% | |
9 | 75% | |
8 |
Half-Time 50% |
67% |
7 | 58% | |
6 | 50% | |
5 |
Less Than Half Time 25% |
42% |
4 | 33% | |
3 | 25% | |
2 | 17% | |
1 | 8% |
If you drop or add units during the semester there will be a recalculation of funds. You may be subject to repaying your financial aid funds if you drop a class or drop all of your classes. It is your responsibility to review Financial Aid Terms of Agreement.
NO FUNDS will be disbursed until ALL student’s academic progress has been evaluated for Satisfactory Academic Progress (SAP)!
If you do not meet eligibility requirements, including SAP standards, until after the first refund, payments will be made throughout the semester as eligibility requirements are met.
Yosemite Community College District delivers your refund with BankMobile Disbursements, a technology solution, powered by BMTX, Inc. Visit disbursements for more information.
Review our third-party servicer contract for refund management.
Important Information - Please Read:
Grants are paid to students on Friday following the Process Date.
Refund Status | Date / Grant | Refund Explanation | Email Send Date |
---|---|---|---|
PROCESSED |
Process Date @ 8AM: |
BankMobile Disbursement Date: |
Aug 20, 2024 1:00 PM
|
PROCESSED |
Process Date @ 8AM: |
BankMobile Disbursement Date: |
Aug 27, 2024 2:00 PM |
PROCESSED |
Process Date @ 8AM: |
BankMobile Disbursement Date: |
Sept 3, 2024 1:00 PM |
PROCESSED |
Process Date @ 8AM: |
BankMobile Disbursement Date: |
Sept 10, 2024 3:00 PM |
PROCESSED |
Process Date @ 8AM: |
BankMobile Disbursement Date: |
Sept 24, 2024 2:00 PM |
PROCESSED |
Process Date @ 8AM: |
BankMobile Disbursement Date: |
Oct 8, 2024 11:00 AM |
PROCESSED |
Process Date @ 8AM: |
BankMobile Disbursement Date: |
Oct 22, 2024 3:00 PM |
PROCESSED |
Process Date @ 8AM: |
BankMobile Disbursement Date: |
Nov 5, 2024 3:00 PM |
PROCESSED |
Process Date @ 8AM: |
BankMobile Disbursement Date: |
Nov 19, 2024 3:30 PM |
PROCESSED |
Process Date @ 8AM: |
BankMobile Disbursement Date: |
Dec 3, 2024 9:45 AM |
PROCESSED |
Process Date @ 8AM: |
BankMobile Disbursement Date: |
Dec 17, 2024 8:30 AM |
Important Information - Please Read:
Grants are paid to students on Friday following the Process Date.
Refund Status | Date / Grant | Refund Explanation | Email Send Date |
---|---|---|---|
Process Date @ 8AM: Mon., Jan 6, 2025 Grant: Pell & Dream Grant |
BankMobile Disbursement Date: |
Jan 7, 2025 @ |
|
Process Date @ 8AM: Mon., Jan 13, 2025 Grant: Pell & Dream Grant |
BankMobile Disbursement Date: |
Jan 14, 2025 @ |
|
Process Date @ 8AM: Tues., Jan 21, 2025 Grant: Pell & Dream Grant |
BankMobile Disbursement Date: |
Jan 21, 2025 @ |
|
Process Date @ 8AM: Mon., Jan 27, 2025 Grant: Pell & Dream Grant |
BankMobile Disbursement Date: |
Jan 28, 2025 @ |
|
Process Date @ 8AM: Mon., Feb 10, 2025 Grant: Pell & Dream Grant |
(Additional Pell Grant fund for added units)
BankMobile Disbursement Date: |
Feb 11, 2025 @ |
|
Process Date @ 8AM: Mon., Feb 24, 2025 Grant: Pell, Dream, SEOG, STATE GRANTS & 1st Loans |
(Additional Pell Grant fund for added units)
BankMobile Disbursement Date: |
Feb 25, 2025 @ |
|
Process Date @ 8AM: Mon., Mar 10, 2025 Grant: Pell, Dream, SEOG, STATE GRANTS & Loans |
BankMobile Disbursement Date: |
Mar 11, 2025 @ |
|
Process Date @ 8AM: Mon., Mar 24, 2025 Grant: Pell, Dream, SEOG, STATE GRANTS & Loans |
BankMobile Disbursement Date: |
Mar 25, 2025 @ |
|
Process Date @ 8AM: Mon., Apr 7, 2025 Grant: Pell, Dream, SEOG, STATE GRANTS & Loans |
BankMobile Disbursement Date: |
Apr 8, 2025 @ |
|
Process Date @ 8AM: Mon., Apr 21, 2025 Grant: Pell, Dream, SEOG, STATE GRANTS & Loans |
BankMobile Disbursement Date: |
Apr 22, 2025 @ |
NOTE: If you are expecting a refund, and did not receive an e-mail, contact our office IMMEDIATELY by e-mail: MJC_FA_Accounting@mjc.edu