Disbursement Options
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.
BankMobile Financial Aid & Scholarship Refunds
The San Mateo County Community College District (SMCCCD) has partnered with BankMobile Disbursements to deliver your financial aid and scholarship refund. We are committed to provide students with clear choices and offering great customer service. For more information about BankMobile, a technology solution, powered by BMTX, Inc., please visit BankMobile website.
When it comes to deciding how to get your money, you deserve choices. Your choices include:
- Electronic Deposit to your Bank Account
Money is transferred to your bank account the same business day BankMobile receives funds from your school. Typically, it takes 1-2 business days for the receiving bank to credit the money to your account. - Electronic Deposit to a BankMobile Vibe Account
If you open a BankMobile Vibe account (upon identity verification), money is deposited the same business day BankMobile receives funds from your school. - Check
If you decide not to have your funds deposited electronically, you will receive a check in the mail.
Students with pending financial aid or scholarship refunds will receive a personal code in the mail via a green envelope or in an email from BankMobile. Students may also request a personal code directly through the BankMobile site. The personal code allows you to sign up for one of two electronic options to deposit your money - either direct deposit to your existing bank account or to a BankMobile VIBE Checking Account.
Please Note: If prompted to enter your school name, use San Mateo County Community College District.We are enrolled with BankMobile as a college district, not as three separate colleges.
Terms of Agreement
For additional information, view the client contract and profile with BankMobile, a technology solution, powered by BMTX, Inc.