Disbursement Schedule

Disbursement Information

Financial aid disburses at different points throughout the semester. Please review the disbursement schedule for dates for each semester (fall, spring, and summer). To ensure your financial aid disburses on time, make sure all your requirements are completed in MyCompton at least two weeks before the start of the semester.

Financial Aid Disbursement – Fall 2025
The following schedule provides key dates and requirements for financial aid disbursements during the Fall 2025 semester. Please review carefully to understand when and how you will receive your funds.

Pell Grant
• First Disbursement: September 26, 2025 (full amount, unless enrolled in late-start classes)

• Ongoing: Every Friday after that (full eligible amount once enrollment is active)

Cal Grant, FSEOG, Direct Loans, and Student Success Completion Grant (SSCG)
• First Disbursement: August 22, 2025 (prorated)

• Second Disbursement: September 26, 2025 (remaining amount, unless enrolled in late-start classes)

• Ongoing: Every Friday after that, once enrollment is active (full eligible amount)

Note: If you are having funds transferred to your bank account, it may take an additional 1–2 business days for the funds to reach your account.

Disbursement dates may change without notice. Visit www.compton.edu/financialaid for updated information.

Disbursement Process:
It can take up to one month from the file completion date before funds arrive on a student’s selected refund preference with BankMobile Disbursements. The following guideline may assist you: Funds are disbursed daily beginning approximately the week school begins. Once disbursed, students will note a credit balance (a negative dollar amount) in their account history in myCompton. At this stage, refunds have not yet been processed. This amount is reflective only of whatever funds have been disbursed (each fund has its own requirement) and is based on units enrolled at the time of disbursement. Any added classes are paid
in future “make-up” disbursements up to the freeze date. If classes are added after the freeze date, no payment will be received for those classes. Once the funds are being transferred BMTX, Inc., the student will see their account history return to a “0” balance in myCompton. This means funds have been ordered and may take up to one more week before a deposit is shown on the student’s selected refund preference with BankMobile Disbursements.

Bankmobile Disbursements:
Compton College delivers your refund with BankMobile Disbursements, a technology solution, powered by BMTX, Inc. All funds are deposited to either the student’s personal bank account or the BankMobile Vibe Checking account. For more information please go to https://bankmobiledisbursements.com/refundchoicessso/

How do i select my refund preference?
After you have registered for classes and been awarded financial aid, you will receive a Refund Preference Selection Kit via email at the address on file with the Admissions & Records Office. Follow the steps in the email to choose how you would like to receive your funds.

You may also log in to MyCompton, click on the Financial Aid Tile, and then scroll down to the BankMobile link. This will take you directly to bankmobilevibe.com.

What does the Freeze Date mean?
On the last day to add classes each semester, the Financial Aid Office calculates the units you are enrolled in to determine your eligibility for state and federal financial aid. This day is referred to as the “freeze date” in the Financial Aid Office.

Financial aid will only cover the units you are enrolled in as of the freeze date—there are no exceptions. This includes waitlisted and late-start classes. You must be enrolled in all of your units for financial aid purposes prior to the freeze date.

October 27, 2025 – Students have until 11:59 p.m. on this date to add or drop classes. After this date, your enrollment will be locked for financial aid purposes.

Financial aid will only cover the units you are enrolled in as of the freeze date. Units added after this date will not be covered.

If you are enrolled in late-start classes, your initial disbursement may be reduced. Payment for those classes will be made on the second Friday after the late-start class begins.

What Happens If I Withdraw from My Classes?
If you withdraw from all of your classes, you may be required to repay all of the financial aid you received for the semester. A hold may also be placed on your record until repayment is made.

How Do I Know If I Will Receive a Financial Aid Award?
Your award eligibility can be viewed by following the link sent to you via email with the subject line “Compton College 2025–2026 Financial Aid Notification.” This message was sent to the email address you have on file with the Admissions & Records Office.

If you did not receive the email or no longer have access to it, please visit the Financial Aid Office for assistance.

You must have a completed file and be in Good Standing or Warning status to receive financial aid. For more information, please refer to the Satisfactory Academic Progress (SAP) Policy at: https://www.compton.edu/admissions-aid/financial-aid/sap.aspx

Course Repeats
If you are repeating a course, financial aid will only cover the same course twice. A third attempt will not be funded with financial aid. However, the California College Promise Grant (CCPG) will still cover the $46 per unit cost of the course.

If your file is completed after the date(s) listed on the schedule, you can expect your disbursement about 2-3 weeks after your file has been completed. Please note that all disbursements typically arrive on Fridays. If you’re having funds transferred to your bank account, it may take an additional 1-2 business days for the funds to reach your account.

The California College Promise Grant (CCPG) is a fee waiver that does not disburse to students. It remains in the student's account to waive the enrollment fees as they register for courses.

Units of Enrollment Required for Disbursement Per Semester