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3 Comments Already

mygif
Juanaquena Said,
April 5th, 2014 @10:25 am  

You do not indicate if you are asking about Pell Grant funds or Federal student loan funds.

If you are asking about loan funds, and if you are a first time borrower, “. . . you must complete an entrance counseling session before you’re given your first loan disbursement.”
Source: U.S. Dept. of Education. Funding Your Education, 2012-2013: The Guide to Federal Student Aid
* http://studentaid.ed.gov/students/attach…
And
U.S. Dept. of Education. Your Federal Student Loans: Learn the Basics and Manage Your Debt. (2011-2012 school year)
* http://studentaid.ed.gov/students/attach…
Therefore, if you are a first time borrower and you have not completed loan entrance counseling, find out from one of the school financial aid advisers how to go about that.

If you have already received loan entrance counseling or are not a first time student loan borrower, then , , , “If you’re a first-year undergraduate student and a first-time borrower [after your loan entrance counseling]. . . your first disbursement can’t be made until 30 days after the first day of your enrollment period.”
Source: U.S. Dept. of Education. Your Federal Student Loans: Learn the Basics and Manage Your Debt. (2011-2012 school year)
* http://studentaid.ed.gov/students/attach…

[In case you are curious how I found the the above cited information on the Student Aid on the Web site. I just entered the word "disbursement" in the search box on this page:
* http://studentaid.ed.gov/PORTALSWebApp/s…
clicked on the Go button, sorted the search results by date, and then looked in the text of some of the PDF documents for the word "disbursement." A reference librarian at your campus library would probably have helped you find this same information.]

If you are asking about Pell Grant funds . . . “The school must tell you in writing how much your award will be and how and when you’ll be paid. Schools must disburse funds at least once per term (semester, trimester, or quarter). Schools that do not use semesters, trimesters, or quarters must disburse funds at least twice per academic year.’ Note: no actual date of disbursement is stated.
Source: Student Aid on the Web – Federal Pell Grant
* http://studentaid.ed.gov/PORTALSWebApp/s…

I hope the information I found for you helps. Many schools have financial aid disbursement schedules posted on their school financial aid web pages. If your school does not or if you do not know how to find that information, you can add the name of the school to your question (Additional Details) and I or someone else answering here can look for disbursement date information.

Librarians–Ask Us, We Answer!
Find your local Public Library at:
http://www.publiclibraries.com/
Find your College/University Library at:
http://lists.webjunction.org/libweb/Acad…

Best wishes

mygif
trh2000_2000 Said,
April 5th, 2014 @11:19 am  

A disbursement date is when the school places the funds on your account as “PAID”. Which means, you can see the actual amounts on your student account.

However, the refund date is complete different. The refund date is when those credits that are in excess are sent to you. The school is required to send it out to the student within 14 days.

mygif
Joycie Said,
April 5th, 2014 @11:40 am  

If you and others were lookin for DoE (DOE) info then you may have been looking at Dept of Engery info. DOE stands for Dept of Energy.

The US government web pages for the Dept of Education have ed.gov – ED – Education Dept.

Thought you should know.

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