Disbursement Information - Fall and Spring

Financial Aid Disbursement Information

Pell Grant

All awards are initially based on full-time enrollment. Awards are then adjusted based on actual enrollment and disbursed according to the disbursement schedule.

Enrollment Status: 12 units or more Full-time
Semester Award: (100% of the semester award)

Enrollment Status: 9 - 11.5 units Three-quarter time
Semester Award: (75% of the semester award)

Enrollment Status: 6 - 8.5 units Half-time
Semester Award: (50% of the semester award)

Enrollment Status: 0.5 - 5 units Less than half-time
Semester Award: (25% of the semester award)

Pell Adjustments

The Financial Aid Office will check your enrollment status at the census date of the semester (Fall/Spring). An adjustment to your Pell grant may occur based on your enrollment at that time. If your enrollment status (full-time, three-quarter time, half-time, less than half-time) has increased, it may result in an increase in your Pell grant award. If you are due an additional Pell grant, the grant will be disbursed to your account. If your enrollment status has decreased, you may owe a repayment of Pell grant funds. Classes added after the census date will not be funded, including late start classes.

Remedial Courses

The Financial Aid Office will only pay for up to 30 units of remedial classes.

 

Supplemental Educational Opportunity Grant (SEOG)

Students must be enrolled in at least 6 payable units at the time of disbursement each semester to receive SEOG.

 

Cal Grant

Once a semester; unless there is a change in units.  Students must be enrolled in at least 6 payable units each semester to receive Cal Grant.

Cal Grant amounts:

Cal B:
12 units or more:$835.00
9 - 11.5 units:$626.00
6 - 8.5 units:$418.00
1/2 unit - 5 units:none

Cal C:
12 units or more:$274.00
9 - 11.5 units:$206.00
6 - 8.5 units:$137.00
1/2 unit - 5 units:none

 

Loans

The Financial Aid Office will verify your enrollment and disburse the loan through your refund choice.  Students must be enrolled in at least 6 units each semester to receive a loan.

Cerritos College students MUST complete an Exit Loan Counseling session before we can release your second disbursement. Failure to complete the session will delay payment of your loan proceeds.

Loan disbursements are made 30 days after the start of each term.