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 – Spring 2026

This page explains when Spring 2026 financial aid disburses and what conditions must be met. All disbursements are based on active enrollment, eligibility, and completion of required steps.

Enrollment Freeze Date

April 27, 2026
Students may add or drop classes until 11:59 p.m. on April 27, 2026.
After this date, enrolled units are locked for financial aid purposes, and awards are finalized based on enrollment at that time.

When Will I Receive My Financial Aid?

Federal Pell Grant Disbursement Schedule
First Disbursement: February 12, 2026
Prorated based on active enrollment at the time of disbursement.
(February 13, 2026 is a holiday.)
Second Disbursement: March 3, 2026
Remaining eligible amount disburses, unless enrolled in late-start classes.
Ongoing Disbursements:
Every Friday after March 3, 2026, once enrollment is active and eligibility is confirmed.

Cal Grant, FSEOG, and Direct Loans Disbursement Schedule

First Disbursement: March 3, 2026
Disbursed based on active enrollment.
Students enrolled in late-start classes may receive funds later, once those classes begin.
Ongoing Disbursements:
Every Friday after March 3, 2026, once enrollment is active and eligibility requirements are met.

Loan Enrollment Requirement

Students must be enrolled in at least 6 units during Fall and Spring to receive Direct Loans. Summer enrollment is optional and not required for loan eligibility.

Student Success Completion Grant (SSCG) Disbursement Schedule

First Disbursement: May 8, 2026
Disbursed based on eligibility and enrollment status.
Ongoing Disbursements:
Every Friday after May 8, 2026, once eligibility is confirmed.

Important Reminders

Financial aid will not disburse until:
Enrollment is active
All required documents are completed
Eligibility and Satisfactory Academic Progress requirements are met
Late-start classes may delay or split disbursements.
Changes to enrollment before the freeze date may affect the amount and timing of aid.

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.

Enrollment Freeze Date
The enrollment freeze date is the last day to add or drop classes for the semester. On this date, the Financial Aid Office reviews your enrolled units to determine your financial aid eligibility.

Freeze Date: April 27, 2026 (11:59 p.m.)
After this date:
Your enrollment is locked for financial aid purposes
Financial aid will only cover the units you are enrolled in as of this date
Units added after the freeze date will not be covered by financial aid
There are no exceptions, including for waitlisted or late-start classes
If you are enrolled in late-start classes, your initial disbursement may be reduced. Payment for those units will be released on the second Friday after the late-start class begins, if eligibility requirements are met.

Enrolled In Late-Start Classes
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