Kalamazoo Valley Community College

Financial Aid Disbursement Credit Balance/Refund Schedule Winter 2014

Financial Aid Disbursement Credit Balance/Refund Schedule

Winter 2014 Semester

Students must meet class attendance standards before federal financial aid disburses to their account. Class attendance standards include participation as defined by each instructor. The following table reflects when credit/balance refunds should be available based on when classes start and after class attendance standards have been verified.

The earliest date your credit balance/refund could be available to you is January 31, 2014.

Start Date Disbursement posted to students account Refund Available to student Comments
January 6, 2014 Jan. 24 Jan. 31 Classes that have different start dates/ lengths:
Nursing, RCP, and other classes that have different start dates and lengths - funds will not disburse until 18 days after the start date of the class and depending on day of the week, a credit/balance refund could be a week later. Also, credit/balance refund could be AFTER the class ends.
January 11, 2014 Jan. 29 Feb. 7
January 27, 2014 Feb. 14 Feb. 21
February 27, 2014 Mar. 17 Mar. 28
March 1, 2014 Mar. 19 Mar. 28
 
Loans  
1st disbursement January 24 January 31 If above start date(s) are met and class attendance standards have been met for at least 6 credit hours
1st time borrower Feb. 5 Feb. 7
Winter ONLY loan -
2nd disbursement
Mar. 3 Mar. 7