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.

Fall 2017
Date Disbursement Type
September 1, 2017 • Federal Pell Grant disbursement – first fall payment
September 15, 2017 • Federal Pell Grant – first fall payment if not yet received
• Federal Direct Loans - Returning Borrowers
September 22, 2017 • Cal Grant B, Cal Grant C
• FTSSG $300 Incentive Grant if enrolled in 12 or more units
September 29, 2017 • Federal Pell Grant
• FSEOG Grant (Federal Supplemental Educational Opportunity Grant) $200
October 6, 2017 • Federal Direct Loans – 1st Time Borrowers, never borrowed before
• Federal Direct Loans – Returning Borrowers
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 disbursement – first spring payment
February 16, 2018 • Federal Pell Grant – first fall payment if not yet received
• Federal Direct Loans – Returning Borrowers
February 23, 2018 • Cal Grant B, Cal Grant C
• FTSSG $300 Incentive Grant if enrolled in 12 or more units
March 2, 2018 • Federal Pell Grant
• FSEOG Grant (Federal Supplemental Educational Opportunity Grant) $200
March 9, 2018 • Federal Direct Loans – 1st Time Borrowers, never borrowed before
• Federal Direct Loans – Returning Borrowers
March 16, 2018 • Federal Pell Grant
• FSEOG
• Federal Direct Loans
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
April 13, 2018 • 2nd 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
• FSEOG
• Federal Direct Loans
May 18, 2018 • Federal Pell Grant
• 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