Disbursement (Payment) Dates


Financial Aid checks will be mailed to your home address and cannot be forwarded by the Post Office. If you have a change of address, please notify the Admissions Office immediately. Also, address changes can be made online on REG-E. We strongly encourage students to sign up for direct deposit.


Access your Financial Aid Information online now with REG-e
On REG-e, you can determine:

If your file is complete
What forms are required
Your eligibility for Financial Aid


Award Letter

San Diego Miramar College is pleased to offer you financial assistance for the 2015-2016 academic year as shown on your Award Letter. Financial aid will be calculated based on the total number of units enrolled at Miramar, Mesa, and City Colleges. In order to be paid, you must enroll in a minimum of one class at Miramar College. Failure to do so will result in non-payment.


The Financial Aid Office has authorized an appropriate award based on Federal regulations and fund availability. Payment of all awards is subject to adequate funding from the sources involved and adjustments may be required if funding deficiencies exist. In many cases, the funds offered may still fall short of meeting the entire “Estimated Need”.


The financial aid amount listed on your Award Letter has been calculated based on the assumption that you will be a full-time student (12 units or more). If your class schedule is less than 12 units, your award is subject to appropriate reduction. You do not need to be a full-time to receive your Pell Grant Award, but you must be a half-time student (6 units or more) to receive all other grants or loans.


Cost of Attendance: This is our standard estimated budget based on information you have provided to us. Your actual expenses may be different.
Expected Family Contribution: This figure was determined using the Federal Methodology Need-Analysis based on the information you provided on your application for aid.
Financial Need: This is the maximum amount of financial aid you are eligible to receive. However, lack of funding may not enable payments meeting your full financial need.


If you have been awarded Federal Work-Study, please come to the Financial Aid Office as soon as possible for job placement. Students with a Work-Study award must respond and report for placement before August 30, 2015. Failure to respond by this date will cancel your offer to participate in the Work-Study Program.


FREEZE DATE!

Your Pell Grant & Cal Grant payments is based on your class enrollment schedule as of the “FREEZE” date, or your awarded date if the freeze date has passed. Your payment will not be adjusted if your class schedule increases after your freeze date or awarded date. In order to be paid for late-starting, short-term classes, you must be registered before the enrollment freeze date.


 
Priority Awarding Process

Supplement Educational Opportunity Grant and Work-Study funds are limited each year. Priority consideration is given to students who are academically in "Good Standing" and meet the priority deadline of May 15, 2015. The awarding criteria for these limited programs are based on the following order:


FAFSA application date
File completion date
Greatest financial need


If your award letter shows, with the exception of the Board of Governors Waiver, that you have been offered assistance for the Fall semester only, it is because:


You have indicated to us that Fall will be the only semester you will attend Miramar College, or
You filed an Appeal Form to reinstate your financial aid with results indicating that the Fall semester was the final semester we could assist you.

Bookstore Account/Bus Pass
Fall 2015 Bookstore accounts will be open August 17 through September 4, 2015
Spring 2016 Bookstore accounts will be open January 18 through February 5, 2016

When you receive your Pell Grant Award, an account will be available to you in the Bookstore. In addition, for a reduced price, you may purchase a bus pass from the Accounting Office. The Pell Grant Bookstore Account and bus pass will be available approximately one week before and two weeks after the start of each semester. In order to use either of these options, you must be enrolled in at least six units and be a California resident.


Your Pell Grant Bookstore Account will be adjusted daily based on your enrollment. After the bookstore account closes, the amount of funds used at the bookstore will be deducted from your total Pell Grant award for the semester. The remaining funds will be mailed to you in two disbursements based on the payment dates indicated. If you do not use the Bookstore Account, your Pell Grant will be paid to you in full. If you are enrolled in all late start classes (classes not starting the first week of the regular semester), your Grant and Loan payments will be delayed until after you begin attending the late start class.

Repayment of Funds
You will be required to repay a portion of your award if:

You drop or withdraw from all of your classes prior to the 60% point of the semester (Normally the withdrawal deadline)
You do not attend late-starting classes for which you were paid Pell Grant funds (Applicable for those attending short-term classes)


Password Required for Telephone Inquiries

To protect your privacy, a customized password must be on file in order to receive information about your financial aid over the telephone. Your password is separate from your online registration PIN number (REG-e). No information will be given over the phone without a password—NO EXCEPTIONS!


 
IRS & Your Financial Aid

Financial aid received may be required to be reported to the IRS. Any financial aid grants or scholarships received January 2014 through December 2014 must be reported on your 2014 Tax Return (if required to file) as taxable income to the IRS. The Financial Aid Office cannot determine the taxable amount of your financial aid. Please contact a Tax Advisor or specialist for assistance. Any financial aid used for tuition, fees, books, supplies, and school related equipment are EXEMPT from being considered taxable income.

Payment Dates

Checks will be mailed out or directly deposited from the San Diego Community College District on the following dates:

  


Enrollment Status date (Freeze Date) Freeze date for Pell and Cal Grant Award
FALL 2015 September 11, 2015
SPRING 2016 February 11, 2016


60% completion date
FALL 2015 October 30, 2015
SPRING 2016 April 8, 2016


FEDERAL PELL GRANT*
1st disbursement
FALL 2015 September 22, 2015
SPRING 2016 February 24, 2016

2nd disbursement
FALL 2015 November 16, 2015
SPRING 2016 April 25, 2016


FSEOG
FALL 2015 September 22, 2015
SPRING 2016 February 24, 2016


CAL GRANT B or C
FALL 2015 September 22, 2015
                                                                                       SPRING 2016 February 24, 2016


FEDERAL DIRECT LOAN(Prom Note dates are estimate dates only)
FALL 2015 after September 1, 2015 Date may vary based on acceptance of loan and eMPN
SPRING 2016 after February 2, 2016Date may vary based on acceptance of loan and eMPN


FEDERAL DIRECT LOANFirst year, first-time student**
FALL 2015 after September 23, 2015
SPRING 2016 After February 23, 2016 


FEDERAL DIRECT LOAN One semester only
FALL 2015 after  October 19, 2015 
SPRING 2016 after March 21, 2016 


FEDERAL WORK-STUDY
Mailed on the 10th of each month


EOPS
Please contact the EOPS Office regarding disbursement dates

 
Students Awarded After the Scheduled Payment dates

Any financial aid funds awarded after the dates listed above will be mailed approximately one week after the award letter is received. Loan applications processed after the payment dates listed above will be mailed approximately one week after the promissory note is electronically signed. Students will be retroactively paid for all aid to which they are entitled.


* New Regulations effective July 1st, 2012, limits the receipt of a Pell grant to a lifetime limit of up to 6 full time years (600%)


** First year, first-time borrowers will have their loans disbursed thirty days after the first day of class.

San Diego Miramar College

10440 Black Mountain Road

San Diego, CA 92126-2999

619.388.7800

San Diego Community College District

San Diego City College

San Diego Mesa College

San Diego Miramar College

San Diego Continuing Education

 

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