Important Financial Aid Dates
our page and stay up-to-date with important financial aid information and dates!
Please select the appropriate academic year below for the dates pertaining to that school year.
2020-2021 Important Date Information
2020-2021 Financial Aid Calendar
8 Easy Steps to Check if You Have a Financial Aid Refund Check for: | Fall 2020 | Spring 2021
GRANTS - Fall 2020 Disbursement Dates
|
Grant Type |
Disbursement Date |
Amount of Award |
|---|---|---|
|
Federal Pell Grant |
August 27, 2020 |
50% of the semester amount |
|
SEOG |
August 27, 2020 |
100% of the semester amount |
|
*Cal Grant |
September 17, 2020 |
100% of the semester amount |
| Full-Time Student Success Grant | September 17, 2020 | 100% of the semester amount |
|
Federal Pell Grant |
October 29, 2020 |
50% of the semester amount |
GRANTS - Spring 2020 Disbursement Dates
|
Grant Type |
Disbursement Date |
Amount of Award |
|---|---|---|
|
Federal Pell Grant |
January 21, 2021 |
50% of the semester amount |
|
SEOG |
January 21, 2021 |
100% of the semester amount |
|
*Cal Grant |
February 11, 2021 |
100% of the semester amount |
| Full-Time Student Success Grant | February 11, 2021 | 100% of the semester amount |
|
Federal Pell Grant |
March 25, 2021 |
50% of the semester amount |
Awards for Pell Grant and/or Cal Grant (if awarded) reflect an amount based on 12 units or more. If you are enrolled in less than 12 units, your award amount will be adjusted accordingly. Please refer to the Financial Aid Enrollment Policy for details. If your file is not completed and finalized 7-10 days before the disbursement date, an alternative disbursement date will be assigned. In addition, your grants will not disburse until your classes have started.
*Disbursement of the Cal Grant award is contingent upon the receipt of the funds by the college.
LOANS - Fall 2020 Disbursement Dates
|
Loan Type |
Disbursement Date |
Amount of Award |
|---|---|---|
|
First Time Borrower |
October 01, 2020 |
100% of the semester amount |
|
Returning Borrower |
August 27, 2020 |
100% of the semester amount |
|
Single Semester Loan |
August 27, 2020 |
50% of the semester amount |
|
Single Semester Loan |
October 29, 2020 |
50% of the semester amount |
LOANS - Spring 2021 Disbursement Dates
|
Loan Type |
Disbursement Date |
Amount of Award |
|---|---|---|
|
First Time Borrower |
February 25, 2021 |
100% of the semester amount |
|
Returning Borrower |
January 21, 2021 |
100% of the semester amount |
|
Single Semester Loan |
January 21, 2021 |
50% of the semester amount |
|
Single Semester Loan |
March 25, 2021 |
50% of the semester amount |
Loan disbursement dates vary based on several factors:
- When the loan request form with all required documentation is turned into the Financial Aid Office
- When FRC completes processing of the loan and receives notification from the federal government that the student has completed the Loan Entrance Counseling and Loan Agreement (Master Promissory Note)
- Loans for first-time borrowers cannot disburse until you have been enrolled for 30 days in your first semester
- Loans for a single semester are required to disburse in two parts, the second disbursement occurs after the half-way point of the semester
- When you are enrolled in six or more units. Note: Students enrolled less than half-time (less than 6 units) are not eligible for loans.
Important! The disclosure statement you receive from Direct Loans once we have originated your loan provides two dates that are not accurate as to when you will receive your loan disbursement from FRC.
(see our Financial Aid Enrollment Policy for full details)
| FALL 2020 | SPRING 2021 |
|---|---|
| September 8, 2020 | February 1, 2021 |
(see our Return of Title IV Funds Policy for full details)
| FALL 2020 | SPRING 2021 |
|---|---|
| November 02, 2020 | April 4, 2021 |
(see our Satisfactory Academic Progress (SAP) Policy for full details)
| FALL 2020 | SPRING 2021 | SUMMER 2021 |
|---|---|---|
| November 6, 2020 | April 9, 2021 | July 15, 2021 |
Financial Aid Progress Report required if turned in after - 10/04/2020 for Fall 2020 and 03/12/2021 for Spring 2021
Note: If you are a continuing student at FRC, financial aid disbursements may be delayed due to the Financial Aid Satisfactory Academic Progress batch processing for the prior semester.