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Financial Aid Refund Process

Financial aid funds will be automatically applied to tuition each quarter. If there is a remaining balance, Students are responsible for paying that remaining balance by the payment due date each quarter. Visit paying your tuition for more details. If there is financial aid in excess of the tuition costs, the remaining financial aid funds will come back as a refund disbursement no earlier than the first day of the quarter.

 

Disbursement Dates, Tuition Deadlines and Receiving Funds

Financial Aid Disbursements

January 4, 2021 – Winter Quarter
April 5, 2021 – Spring Quarter
 

Tuition Deadlines

Please note: If you have a financial aid award, your classes are held from being dropped until after the financial aid disbursement dates above. Look for a Tuition Due Date Extension on your ctcLink Homepage.

 

Requirements for receiving funds

When you receive funds, you are certifying that:

  • You are attending, or will attend, all your classes.

  • If you drop courses to a lower enrollment level or do not commence attendance in all classes after the disbursement is sent to BankMobile, and before the census date (10th day of term fall, winter, spring, and 8th day summer term) you the student will be responsible to repay the amount owed based on that change in enrollment level. The money owed back is a Pell Grant overpayment. Students that do not pay back the overpayment are not eligible for future financial aid.

  • If at the end of the quarter, you have not completed the required credits based on the level of financial aid you received you may owe a repayment. In addition, you may be placed on financial aid warning or suspension.

Getting Your Refund

Community Colleges of Spokane has partnered with BankMobile to deliver your financial aid refund. For more information about BankMobile, visit their How it Works page.

View our institution's contract with BankMobile
More about BankMobile