All school funding sources (funds, scholarships, loans) disburse at different times through the entire semester as funds are gotten.
Pupils are notified by e-mail whenever funds disburse. Re Payment of present semester tuition/fee/book costs are compensated by the first school funding funds placed on your pupil account. For details, review your 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 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 to a pupil beneath the presumption that the pupil will go to college for your award period. Course attendance is a requirement for Federal scholar help eligibility. Pupils must go to and be involved in course through the tenth week of 16-week courses or perhaps the week that is 5th 8-week courses to make their educational funding funds. Pupils should contact financialaidoffice@occc.edu before totally withdrawing from all courses in one single term.
Refunds – OCCC problems refunds from extra loan/grant/scholarship funds via a partnership with BankMobile Disbursements. You when it has processed if you are entitled to a refund, BankMobile will send an email notifying. Refunds procedure prior to your selected reimbursement choice. When you yourself have perhaps perhaps not chosen a reimbursement choice, login to MyOCCC Portal click menu in top remaining part; MyMoney – Reimbursement Preference. Contact bursar@occc.edu for support. To find out more see: Bankmobiledisbursements.
Pell Grant Disbursements – Pell honors are evaluated centered on a student’s enrollment in the close associated with the semester add/drop period. Pupils awarded just before this date will be from the first scheduled Pell disbursement. Following this date, expect a one-week processing time after being granted become in the next planned Pell disbursement.
Module Courses – pupils signed up for module 8-week or quick track courses that begin later into 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 lead to repaying any overpayment. Please contact the educational funding Office 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, while having accepted their loan because of the week ahead of disbursement can get become from the first loan disbursement that is scheduled. Following this date, anticipate a one-week processing time after loan acceptance become regarding the next scheduled loan disbursement.
First-Time Student-Borrowers, in the 1st 12 months of the level system, initial loan disbursements are planned at the very least thirty days following the start of loan duration.
One-Term Loans – pupils finding a loan that is one-term the existing semester will receive loans in 2 disbursements. The disbursement that is second be on or following the semester mid-term.
Pell Bookstore Charges – Bookstore fees start 1 week before the semester start date and carry on through the very first week of 8-week courses or perhaps the first couple of days of 16-week courses. Qualified pupils enrolled and awarded for the semester with extra Federal Pell Grant funds most likely tuition and charge costs are compensated, may go straight to OCCC Bookstore making use of their OCCC scholar ID to charge required books and materials.
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 aid that is financial to charge against their loan. An OCCC scholar ID is needed to charge in the OCCC Bookstore.