Fee & Disbursement Schedules

Taft College  >  Admissions   >   Financial Aid  >  Fee & Disbursement Schedules

As approved by the state legislature, all registering students will be required to pay $46.00 per unit (subject to change).

Disbursement Options

Taft College is committed to delivering financial aid refunds, keeping data secure, and providing students with clear choicesTaft College has partnered with BankMobile Disbursements to deliver financial aid refunds to students. For more information about BankMobile, visit this link:  http://bankmobiledisbursements.com/refundchoices/

Wondering when you’ll receive your financial aid?  Refer to the following schedule for estimated disbursement dates.

CAL GRANT/SSCG – Will be disbursed once each semester as funds are available.  Student must be in Good status to maintain award.

FWSP/IWP – Pay periods are the 1st through the end of the month with paychecks available on the 15th of the next month at the Cashier’s Desk.

FSEOG – Checks will be disbursed once each semester as funds are available.  Student must be in Good status to maintain award.

PELL GRANT – Students will receive two payments per semester.  The following dates are for the Financial Aid Department to send Pell Grant disbursements to the Business Services Department for processing.

SCHOLARSHIPS – Will be disbursed once each semester as funds are available.  Student must be in Good status to maintain award.

PLEASE ALLOW 5-10 BUSINESS DAYS FROM THE BELOW DISBURSEMENT DATE FOR THE PROCESSING OF YOUR REFUND.

Disbursement Schedule

2022-2023 Academic Year

(subject to change)

Fall 2022 Disbursement Dates

Financial  Aid Date
Non-Resident Scholarship August 22 2022
Merit Scholarship September 29 2022
Pell Grant/Direct Loan September 7 2022
Cal Grant/SSCG September 14 2022
FSEOG October 5 2022
TC Scholarship October 12 2022
Pell Grant November 2 2022

Spring 2022 Main Disbursement Dates

Financial Aid Date
Non-Resident Scholarship January 17 2023
Merit Scholarship January 23 2023
Pell Grant/Direct Loan February 1 2023
Cal Grant/SSCG February 8 2023
FSEOG March 1 2023
TC Scholarship March 8 2023
Pell Grant April 5 2023

Summer 2023 Main Disbursement Date

Financial Aid Date
Pell Grant June 5 2023

 

Units Enrolled (Per Semester) Enrollment Status Percentage of Award Eligible for Disbursement
12 or more units Full Time 100% (The above scholarships will only pay at this status)
9.0 – 11.99 units Three Quarter Time 75%
6.0 – 8.99 units Half Time 50%
5.99 – Les Units Less than Half Time 25% (Loans and Cal Grant will not pay at this status)

 

CARE GRANT – Grant will be disbursed once each semester.

CAL GRANT – Grant will be disbursed once each semester, 2 times a year, as funds are available.

CCPG (formerly known as BOGW) – The California College Promise Grant waives community college enrollment fees if you’re eligible.

TCSP – Checks are processed once each semester.  (STUDENTS MUST BE ENROLLED FULL-TIME)

MERIT – Checks are processed once each semester.  (STUDENTS MUST BE ENROLLED FULL-TIME)

NOTE: All awards are subject to the availability of funding.

Remember, financial aid is intended to help students pay for educational related expenses.  DO NOT expect to live on financial aid.  It is designed as a supplement and not intended to meet the total cost of your education and living expenses.  Effective management of the funds will help you avoid financial crises between disbursement dates.

IT IS THE STUDENT’S RESPONSIBILITY TO MAKE SURE THE ADMISSIONS OFFICE HAS THE CORRECT/CURRENT ADDRESS ON FILE.