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Financial Aid Disbursement Process

All financial aid funds are disbursed on scheduled dates each term. As long as students are enrolled in an eligible program and their financial aid file is complete, students will receive two disbursements of Federal Grant aid each semester, based on their enrollment level and classes actively in session. If students are enrolled in a late start class, it will be paid when their attendance begins. Federal grant aid includes Pell Grant and Supplemental Educational Opportunity Grant. Federal Direct Loans are also disbursed in two payments based on the approved loan period. Cal Grant and Full-Time Incentive Grant funds will be disbursed at the beginning of the semester.

All disbursed financial aid such as grants, federal student loans and scholarships will be first applied towards current institutional fees owed to either Cañada College, College of San Mateo or Skyline College such as enrollment fees, health fees and non-resident tuition. Once all institutional fees are paid, the remaining eligible balance will be disbursed to the student. For more information on disbursement options, please visit here.

Late Start Classes:

Students enrolled in late start classes may initially receive less funds than their enrolled units but will receive additional disbursements as the late start class begins. Direct Loans will not be disbursed until the student is enrolled and attending at least six units of coursework required for their program of study.

2017-2018 Disbursement Schedule:

Fund Fall 2017 Spring 2018
Scholarships August 3, 2017 January 5, 2018
Pell Grant and SEOG August 11, 2017 
September 8, 2017
January 11, 2018
February 9, 2018
Cal Grant and Full-Time Incentive Grant September 8, 2017 February 9, 2018
Direct Loans* - Full Year Loan Period August 11, 2017 January 11, 2018
Direct Loan* - One Semester Loan Period Fall Only Loan:
August 11, 2017
October 20, 2017
Spring Only Loan:
January 11, 2018
March 23, 2018

*Direct Loan Note: All first-time borrowers will be subject to a 30-day delay on their first loan disbursement. The 30-day period begins on the first day of the term, not of the loan application or approval date.

2017-2018 Application Deadlines:

  • Full-Year Fall 2017 & Spring 2018 semesters:  Last Day to Submit: April 5, 2018
  • Fall 2017 only: Last Day to Submit: November 9, 2017
  • Spring 2018 only: Last Day to Submit: April 5, 2018
  • Summer 2018 only: Last Day to Submit: June 21, 2018

Note: To be considered for a full year loan in the spring term, you must have completed 6 or more degree–applicable units in the fall that apply to your program AND be in good SAP standing.

Deduction of Fees

Financial Aid (grants, federal student loans, and scholarships) will first be used to reduce current institutional debt you owe to Skyline College, College of San Mateo, or Cañada College, including enrollment fees, health fees, and nonresident tuition. If your financial aid is more than the amount owed, you will be paid the remaining balance.

Options for Receiving Your Financial Aid Payment

During the enrollment process, students can choose the primary method for receiving financial aid or scholarship funds from the college: having funds transferred via direct deposit (also called ACH Transfer) to their existing checking or savings account.

(1) How to Enroll for SMCCCD Direct Deposit (ACH Transfer)

  1. Go to and click “Enroll Now”
  2. Provide your bank or financial institution account information
    1. Full Name on account
    2. Bank/Institution Name
    3. 9-Digit Routing Number
    4. Account Number
    5. Account Type
  3. Select your disbursement method and agree to terms & conditions
  4. Confirm your ACH Information and submit

It may take up to a week to validate your direct deposit account number. While this process is pending, if you have a financial aid refund, it will be mailed to you in a paper check. 

Paper Checks

If you do not choose one of the two funding options, your funds will be sent to you by paper check.  Paper checks may take up to an additional 7 to 10 days after your financial aid funds are disbursed. All checks are mailed to the student and will be sent to your address in WebSMART.

Please note that if you have more than one address type, the Mailing Address has priority and will be used instead of the Legal Address. It is your responsibility to ensure your address information is correct at all times.

Paper checks are not only the slowest method for you to receive your funds but also the least secure due to the risk of loss, theft and fraud. Sign up to receive your funds electronically.

Additional Information About Disbursement

The Financial Aid Offices at College of San Mateo, Cañada College, and Skyline College provide students with electronic financial aid disbursement services through Money Network® under a multi-year contract negotiated between the San Mateo County Community College District and Blackboard. The following are available for public inspection: