Federal Pell & Loan Disbursement Schedule

Federal Pell Grant

Below is the Federal Pell Grant eligibility chart to determine what percentage of the Pell grant you are eligible for based on your enrollment status. In addition, the Pell Grant scheduled disbursement dates for the Summer 2022, Fall 2022, and Spring 2023 semesters are listed below. 

Pell Grant Eligibility Chart

Enrollment Status Units Enrolled % of Pell Eligibility
Full Time 12 units or more 100%
Three Quarter Time 9.0 - 11.5 units 75%
Half Time 6.0 - 8.5 units 50%
Less than Half Time 5.5 units or less Eligibility to be determined
*Units Enrolled = You will only be paid for classes you are actively attending. Late starting classes must start 3 weeks prior to disbursement date.

Summer 2022 (Pell ONLY)

Student File Completion Deadline* Eligibility Notification* 1st Disbursement 2nd Disbursement
05/27/2022 Early June

June 30th, 2022

50% of Summer Award, Spring/Fall Retro

August 4th, 2022

100% of Summer Award, Spring/Fall Retro

06/20/2022 Early July

August 4th, 2022

100% of Summer Award, Spring/Fall  Retro

N/A
Note - Classes added AFTER the Pell Recalculation date (07/22/22) will NOT count towards your Pell Grant eligibility, regardless of class start date.

Fall 2022 (Pell ONLY)

Student File Completion Deadline* Eligibility Notification
Sent to COD Email
1st
Disbursement
2nd
Disbursement
3rd
Disbursement
Disbursements
08/08/2022 Early September 09/21/2022
34% of fall grant
10/19/2022
33% of fall grant
11/14/2022
33% of fall grant

1st
Disbursement

09/21/2022
34% of fall grant

2nd
Disbursement

10/19/2022
33% of fall grant

3rd
Disbursement

11/14/2022
33% of fall grant
09/02/2022 Early October 10/19/2022
67% of fall grant
11/14/2022
33% of fall grant

N/A

1st
Disbursement

10/19/2022
67% of fall grant

2nd
Disbursement

11/14/2022
33% of fall grant

3rd
Disbursement


N/A
09/26/2022 Early November 11/14/2022
100% of fall grant

N/A

N/A

1st
Disbursement

11/14/2022
100% of fall grant

2nd
Disbursement


N/A

3rd
Disbursement


N/A
11/02/2022 Early December 12/15/2022
100% of fall grant

N/A

N/A

1st
Disbursement

12/15/2022
100% of fall grant

2nd
Disbursement


N/A

3rd
Disbursement


N/A
12/01/2022 Early January 01/11/2023
100% of fall grant

N/A

N/A

1st
Disbursement

01/11/2023
100% of fall grant

2nd
Disbursement


N/A

3rd
Disbursement


N/A

Spring 2023 (Pell ONLY)

Student File Completion Deadline* Eligibility Notification
Sent to COD Email
1st
Disbursement
2nd
Disbursement
3rd
Disbursement
Disbursements
01/06/2023 Early February 02/24/2023
34% of spring grant, fall retro
03/20/2023
33% of spring grant, fall retro
04/20/2023
33% of spring grant, fall retro

1st
Disbursement

02/24/2023
34% of spring grant, fall retro

2nd
Disbursement

03/20/2023
33% of spring grant, fall retro

3rd
Disbursement

04/20/2023
33% of spring grant, fall retro
02/03/2023 Early March 03/20/2023
67% of spring grant, fall retro
04/20/2023
33% of spring grant, fall retro

N/A

1st
Disbursement

03/20/2023
67% of spring grant, fall retro

2nd
Disbursement

04/20/2023
33% of spring grant, fall retro

3rd
Disbursement


N/A
03/03/2023 Early April 04/20/2023
100% of spring grant, fall retro

N/A

N/A

1st
Disbursement

04/20/2023
100% of spring grant, fall retro

2nd
Disbursement


N/A

3rd
Disbursement


N/A
04/05/2023 Early May 05/11/2023
100% of spring grant, fall retro

N/A

N/A

1st
Disbursement

05/11/2023
100% of spring grant, fall retro

2nd
Disbursement


N/A

3rd
Disbursement


N/A

Federal Direct Loans

Below are the Federal Direct Loan scheduled disbursement dates for the Fall 2022 and Spring 2023 semesters. Note, typically a student will receive ONE (1) loan disbursement each term, unless the student has remaining eligibility. 

Fall 2022 (Loans ONLY)

Financial Aid File Completion Date Loan Request Form received by

Disbursement Date

September 2nd, 2022 September 19th, 2022 October 29th, 2022
September 26th, 2022 October 14th, 2022 November 14th, 2022
November 2nd, 2022 November 15th, 2022 December 15th, 2022

Spring 2023 (Loans ONLY)

Financial Aid File Completion Date Loan Request Form received by Disbursement Date
February 3rd, 2023 February 20th, 2023 March 20th, 2023
March 3rd, 2023 March 20th, 2023 April 20th, 2023
April 5th, 2023 April 21st, 2023 May 22nd, 2023

Notes

  • *Financial Aid File Completion Date means FAFSA application must be received by COD, all required documents must be submitted to the Financial Aid office, and file must be determined to be complete by the Financial Aid office by this date. Please note that turning in required documents does not guarantee a financial aid award or disbursement.

  • The financial aid office will send notifications to your COD student email account and actual awards will be posted on the Financial Aid Student Self Service Portal.

  • Be sure to select your disbursement method by logging onto https://bankmobiledisbursements.com/refundchoices/.

  • You will only be paid for classes you are actively attending. Remaining in all of your classes is critical to avoid repayment of funds received. If you receive payment for a class and drop, you may be required to repay a portion or the entire grant you received. Please see our drops, withdrawals and repayment of funds policy.

  • All disbursement dates are contingent upon funding and subject to change. Grant disbursements are based on your enrollment status and units will be checked approximately 2 weeks before each disbursement date.

  • Late start classes must start at least two weeks prior to disbursement date in order to be included in that disbursement.

  • For additional information please visit the COD Financial Aid website

  • This schedule is subject to Change at any time without warning.

  • If you are not a California resident or are not eligible for the California College Promise Grant you will need to set up a payment plan with the Bursar’s office to avoid drop for non-payment until your Pell Grant disburses.