Disbursement Schedule

Financial Aid Disbursement – Summer 2026

This page explains when Summer 2026 financial aid is scheduled to disburse and what needs to be completed before funds can be released. Disbursements depend on active enrollment, eligibility, and completion of all required steps.

Enrollment Freeze Date

July 14, 2026 (11:59 p.m.)

You may add or drop classes through 11:59 p.m. on July 14, 2026. After this date, we complete a final review of your summer enrollment for financial aid.

After the freeze date

• Your summer enrollment used for financial aid review is finalized
• Financial aid can only pay for units you are officially enrolled in and actively attending
• Classes added after the freeze date are typically not included in spring financial aid calculations
• If your enrollment changes, your aid may be adjusted based on your official enrollment record and eligibility

Late-start classes

If you are enrolled in late-start classes, your initial disbursement may be lower. Eligible funds for late-start units are typically released on the second Monday after the class’s published start date, once your enrollment is active and eligibility is confirmed.

When Will I Receive My Financial Aid?

Federal Pell Grant (Scheduled)
For classes beginning June 22, 2026:

First Disbursement: June 15, 2026
• 25% of your scheduled Pell Grant
• Based on your active enrollment and eligibility at the time of disbursement

Second Disbursement: June 29, 2026
• 25% of your scheduled Pell Grant
• Based on your active enrollment and eligibility at the time of disbursement

Third Disbursement: July 13, 2026
• 50% of your scheduled Pell Grant
• Based on your active enrollment and eligibility at the time of disbursement
• If you have late-start classes, portions of your Pell Grant may be delayed until you begin attendance in all enrolled classes

Ongoing Disbursements
Every Monday after June 29, 2026 for eligible students as files are completed and enrollment updates are processed.

Important Reminders

Financial aid will not disburse until
• Your enrollment is active
• Your financial aid file is complete (all required documents and steps are submitted)
• You meet eligibility and Satisfactory Academic Progress (SAP) requirements
• You are enrolled in eligible units for the term

Processing and deposit timing
Disbursements are processed on Mondays, please allow 7-10 Business Days to reflect on your BankMobile account. If you receive funds by direct deposit, it may take an additional 1–2 business days for the funds to appear in your bank account outside of BankMobile, depending on your bank.

If your file is completed after the dates listed above, you can typically expect your first disbursement about 2–3 weeks after your file is complete (as long as you remain eligible and actively enrolled).

What Happens If I Withdraw from My Classes?

If you withdraw from all classes, stop attending, or fail to complete your courses, federal regulations require the college to recalculate your financial aid eligibility based on your last date of attendance.

As a result:

• You may earn only a portion of the financial aid you received
• Any unearned funds must be returned to the U.S. Department of Education
• This may create a balance owed to the college and/or a federal overpayment that you are required to repay
• The amount you are responsible for depends on when you stop attending and federal Return of Title IV (R2T4) rules.

Withdrawing can also affect your Satisfactory Academic Progress (SAP) and future eligibility. If you are considering withdrawing, contact the Financial Aid Office first so we can explain how it may impact your aid.

You must have a completed file and meet SAP requirements (Good Standing or Warning status) to receive financial aid. For more information, visit our SAP Policy page:
https://www.compton.edu/admissions-aid/financial-aid/sap.aspx

Course Repeats

Repeating a course may affect your financial aid eligibility. In general, federal financial aid has limits on paying for repeated coursework, especially after you have already passed the course.

If you are repeating a class and are unsure whether it will be covered, contact the Financial Aid Office so we can review your specific situation.

California College Promise Grant (CCPG)

The California College Promise Grant (CCPG) is a fee waiver. It does not disburse cash to students. It stays on your account to waive eligible enrollment fees as you register for classes.

Units of Enrollment Required for Disbursement Per Semester