Disbursement

College of the Siskiyous is partnering with BankMobile, a financial services company, to deliver financial aid disbursements to COS students. Students who have completed a FAFSA (Free Application for Federal Student Aid) and are registered for classes, will receive a green envelope in the mail from BankMobile. It will contain a personal code and instructions on how to select your disbursement preference. To ensure that you receive your financial aid when school starts, make sure your mailing address is correct and that you have selected your disbursement preference.


Revised 09/22/2017

Fall 2017
Date Disbursement Type
September 1, 2017 Federal Pell Grant – First fall payment
September 15, 2017 • Federal Pell Grant – First fall payment if not yet received
September 22, 2017 • Federal Direct Loans - Returning borrowers
September 29, 2017 • Federal Pell Grant
• FSEOG Grant (Federal Supplemental Educational Opportunity Grant)
October 6, 2017 • Federal Direct Loans – First time borrowers, never borrowed before
• Federal Direct Loans – Returning borrowers
• Cal Grant B, Cal Grant C, FTSSG, CCCG
October 13, 2017 • Federal Pell Grant
• FSEOG
• Federal Direct Loans
October 27, 2017 Federal Pell Grant - This will be the second half Pell or total Pell Grant award for eligible students who have not received their first payment
• FSEOG
• Federal Direct Loans
November 17, 2017 • Federal Pell Grant – Total fall Pell Grant award for eligible students who have not received their first payment
• FSEOG
• Federal Direct Loans
December 1, 2017 • Federal Pell Grant – Total fall Pell Grant award for eligible students who have not received their first payment
• FSEOG
• Federal Direct Loans

Spring 2018 – Can include eligible Fall disbursements
Date Disbursement Type
February 2, 2018 Federal Pell Grant – First spring payment
February 16, 2018 • Federal Pell Grant
• FSEOG (Federal Supplemental Educational Opportunity Grant)
February 23, 2018 • Federal Direct Loans - Returning borrowers
March 2, 2018 • Federal Pell Grant
• FSEOG
March 9, 2018 • Cal Grant B, Cal Grant C, FTSSG, CCCG
March 16, 2018 • Federal Pell Grant
• Federal Direct Loans - First time borrowers, never borrowed before
• Federal Direct Loans - Returning borrowers
April 6, 2018 Federal Pell Grant – This will be the second half Pell or total Pell Grant award for eligible students who have not received their first payment
• FSEOG
• Federal Direct Loans
• Second Federal Direct Loan disbursement for spring only borrowers.
April 20, 2018 • Federal Pell Grant – Total fall Pell Grant award for eligible students who have not received their first payment
• FSEOG
• Federal Direct Loans
May 4, 2018 • Federal Pell Grant Total - Pell Grant award for elegible students who have not received their first payment
• FSEOG
• Federal Direct Loans
May 18, 2018 • Federal Pell Grant Total - Pell Grant award for elegible students who have not received their first payment
• FSEOG
• Federal Direct Loans

Pell Grants are disbursed twice per semester.

Cal Grants are disbursed once per semester and there will be "make-up" payments during each semester.

FSEOG is disbursed once per semester and usually paid 2 -3 weeks after the beginning of the semester.

Federal Direct Loans are disbursed once per semester and generally follow the Pell grant schedule. The first loan disbursement for new borrowers (never borrowed a federal loan) is scheduled 30 days after the first day of school. More information regarding the loan process is on our website.

Students who reside in the Lodges, all grant checks, scholarship checks, or loan monies will be applied to the balance on the student's housing contract. Any remaining funds will be disbursed to the student.

If you receive an award notification after the first payment; you will be paid on a "make-up" disbursement date which is scheduled approximately every two weeks.

Contact Financial Aid

Email: financialaid@siskiyous.edu
Phone: (530) 938-5209
Fax: (530) 938-5367