All aid that is financial (funds, scholarships, loans) disburse at different times through the entire semester as funds are gotten.
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Pupils are notified by e-mail whenever funds disburse. Re Payment of present semester tuition/fee/book costs are compensated because of the very very first school funding funds put on your pupil account. For details, review your bank account task.
Dates are susceptible to alter.
2020 Spring Pell Dates
2020 Spring Loan Dates
Oklahoma’s Promise and OTAG Disburse as funds are gotten through the State, near mid-term of each and every semester.
Loans disburse for first-time education loan borrowers 30-days after semester begin date.
Last half of one-term loans disburse mid-term.
Federal grant and loan funds are granted up to a pupil underneath the assumption that the pupil will go to college for your period that is award. Course attendance is a requirement for Federal scholar help eligibility. Pupils must go to and take part in course through the tenth week of 16-week courses or perhaps the week that is 5th 8-week courses to make their school funding funds. Pupils should contact financialaidoffice@occc.edu before totally withdrawing from all courses in a single term.
Refunds – OCCC problems refunds from excess loan/grant/scholarship funds by way of a partnership with BankMobile Disbursements. You when it has processed if you are entitled to a refund, BankMobile will send an email notifying. Refunds process according to your selected reimbursement choice. When you yourself have maybe maybe not chosen a reimbursement choice, login to MyOCCC Portal click menu in top remaining part; MyMoney – Refund choice. Contact bursar@occc.edu for help. To find out more see: Bankmobiledisbursements.
Pell Grant Disbursements – Pell prizes are evaluated according to a student’s enrollment in the close for the semester add/drop duration. Pupils awarded ahead of this date shall be from the first planned Pell disbursement. Following this date, anticipate a one-week processing time after being granted become in the next scheduled Pell disbursement.
Module Courses – pupils enrolled in module 8-week or quick track courses that start later in the semester will receive Pell grant funds of these courses with their 16-week courses. Dropping module courses may end in a Pell overpayment. The pupil shall result in repaying any overpayment. Please contact the school funding workplace before dropping!
Loans Disbursements for pupils that have finished Entrance Counseling and Loan Agreement (MPN), are signed up for at the very least 6-credit hours, and have now accepted their loan because of the week ahead of disbursement can get become from the first loan disbursement that is scheduled. Following this date, expect a one-week processing time after online payday loans loan acceptance become from the next scheduled loan disbursement.
First-Time Student-Borrowers, in the first 12 months of these level system, initial loan disbursements are planned at the very least thirty day period following the start of the loan duration.
One-Term Loans – pupils getting a loan that is one-term the existing semester will get loans in 2 disbursements. The 2nd disbursement will be on or following the semester mid-term.
Pell Bookstore Charges – Bookstore charges start 1 week ahead of the semester start date and carry on through the week that is first of courses or perhaps the first two months of 16-week courses. Qualified pupils enrolled and awarded for the semester with extra Federal Pell give funds all things considered tuition and fee costs are compensated, may get straight to OCCC Bookstore using their OCCC scholar ID to charge needed books and supplies.
Education loan Bookstore Charges – qualified pupils with extra loan funds after tuition/fee costs, that are maybe not scheduled to get their loan disbursement, may request that loan bookstore voucher through the educational funding workplace to charge against their loan. An OCCC scholar ID is needed to charge during the OCCC Bookstore.
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