Portland Community University

Step four: get your funds

If you’re getting ultimately more cash than you borrowed from in tuition and costs, you are going to get a “financial aid reimbursement”. After completing Step 3 – Review and accept award, stick to the steps below to get your funds.

Ways to get your hard earned money

Watch your PCC e-mail

Immediately after accepting your prize, you’ll receive a contact about MyRefunds.

Select your reimbursement method

To select the manner in which you like to get your cash, go right to the investing in College tab in MyPCC and then click Manage MyRefunds. (It is underneath the school funding Dashboard.) Do that by the Saturday that is first of term, or your reimbursement might be delayed by up to a couple of weeks.

Watch for disbursement

In the disbursement times shown below, look at your My Account channel in MyPCC to see reimbursement quantities.

Need books? Did you know many students can charge publications to financial aid – even before their cash is disbursed? It is real, and it is awesome!

Get the cash (it requires 1 to 3 days)

Your reimbursement will be sent to your account within 1 to 3 company times – see MyRefunds for more information. You’ll get a message if your reimbursement happens to be delivered.

Disbursement routine

Various funds are disbursed at differing times. Find your investment below to see with regards to will be disbursed.

Disbursement schedule
style of fund Winter 2019 Spring 2019 summer time 2019 Fall 2019 Winter 2020 Spring 2020
Grants and Loans Jan 17 Apr 11 Jul 5 Oct 3 Jan 16 Apr 9
Direct Loan, 1st-time debtor Disbursement for 1st-time borrowers is delayed thirty day period. Feb 7 May 2 Jul 25 Oct 24 Feb 6 Apr 30
Direct loan that is 1-term 2nd disbursement One-term loans are distributed in 2 disbursements. The 2nd disbursement could be the mid-point when you look at the term. Feb 15 might 10 Aug 2 Nov 5 Feb 14 May 8
Work research Funds are disbursed in paychecks through the entire term

Let’s say the quantity disbursed doesn’t protect your costs?

Tuition and fees maybe not covered avant personal loans by educational funding should be compensated by you – see methods to pay.

Note: the quantity disbursed could be not as much as the quantity in your prize page

The amounts shown in your letter that is award are on full-time enrollment (12 credits per term). If you’re enrolled for fewer than 12 credits whenever your funds are disbursed, your award quantities might are modified. For those who have questions regarding your award amounts, contact the Financial Aid workplace.

Once you receive your funds.

You keep your funds: learn more at Step 5 – Maintain eligibility after you get your funds, make sure.