Financial aid funds will be disbursed to your student account using the schedule listed below, provided all outstanding financial aid requirements have been met. Financial aid funds are first applied to student charges (tuition, fees, books charged, etc.). If a remaining balance exists, a refund (except work-study) will be sent to your CVCCOneCard by the Business Office.
30-Day Delay for First-Time Federal Direct Loan Borrowers
Federal Direct Loan Disbursement Schedule
Federal Direct Student or Parent PLUS loan(s) will be disbursed in three disbursements for the Fall and Spring Semesters. The first disbursement will consist of 50% of the semester’s loan amount and 25% for the second and third disbursements. There will be two disbursements for the Summer Semester both consisting of 50% of the semester’s loan amount. For more information, review the Loan Disbursement Schedule (PDF).
Note: These dates are subject to change without prior notice.