NDA3YTY4MWRiZWU3ODNmM2JmZGUzNzlhMzliNzllYmQ1NjlmZDM0ZGRlOTIy Y2Y4ODc3NzcyNWY2MzhiN2M5MWM0YTU2ZTc3MDNhNmM0MTI0YmQyYmI2NzM3 117-70 expires on Feb. 18, 2022, unless Congress acts to extend it. Chief Operating Officer Funds will disburse approximately 3 weeks after the start of courses, unless you are a . This school year, the deadline for application and disbursement schedule for Pell Grant 2022-2023 is 30th June 2023. On December 29, 2022, the President signed the Consolidated Appropriations Act, 2023, which included a $500 increase to the maximum Pell Grant. For additional information see Dear Colleague LetterGEN-17-06. Please be aware that any change in your enrollment may affect your Pell Grant amount. Upon receive your loan disbursement, should you decide to cancel all or portions of your loan within 120 days from the day of the disbursement, you must: Submit a written notification indicates that you are requesting to cancel portion or all of your loan to the Financial Aid & Scholarship Office. Check processing begins 15 days prior to the Disbursement Date. All students must read and comply with the following information regarding Federal Aid at Palomar College. Pell grants and scholarships for students enrolled in 15 week and 2nd 8 week courses. The Promise Grant doesNOTcover the mandatory Health Fee or any class material fees. Students who withdraw from all classes after April 4, 2023 will have earned 100% of their Federal award for Spring 2023. Your access to this site was blocked by Wordfence, a security provider, who protects sites from malicious activity. YzU5ZTY0YzQ4NDFlMWJhODYzYWNiZDFiNTRiNjc5MmFjMTVlZjdkZWNiYmMw What are Pell Grantsand whats new in 2022? The enrollment status of the student at the time that funds are prepared for disbursement will be used to determine the payment amount. ZTQxNmFhMWY2ZTUyYTg5MjdlMmZmODlkYjRmNmY3OTQ2MGZjMDM5ZWM3MTMx NzAyOGE4NTJmY2UzODk0YmVjZDk3MzE2NDg4NTg3ZGE4ZjNkMjYwNjJjOWEx It is also important to note that the statutory restrictions of using only certain cost components in constructing a COA in some circumstances still apply. This letter provides the 2023-2024 Pell Grant Program Payment and Disbursement Schedules. First Pell Grant Administrative Cost Allowance Payments for 202223 Award Year, (GRANTS-23-02) You should also be aware of guidance on the Children of Fallen Heroes Scholarship, which extends maximum Federal Pell Grant eligibility for certain students who have a Pell Grant-eligible EFC and who had a parent or guardian die while serving as a public safety officer. 16 Weeks Fall: 8/22/2022 - 12/8/2022: 9/16/2022: All Pell Grant, 1st loan disbursement: 1st 8 Weeks Fall: 8/22/2022 - 10/13/2022: 9/23/2022: 2nd loan . Recommended Reading: Golden State Grant For Teachers. "Last ACA Payment Date"Field - Most current date for which an ACA payment was made for the 2022-23 award year Contact Information If you have questions about the Pell Grant ACA payments, contact the FSA Partner and School Relations Center at 1-800-848-0978. We will publish the 2022-2023 Federal Pell Grant Payment and Disbursement Schedules by Feb. 1 in accordance with section 482 of the Higher Education Act of 1965, as amended (HEA). Based on revised regulations, effective immediately . ODYxODNjYTdkNmU2MmI3YmUzNjI2ZGJjNjFmMjM3Zjc2OGIxZjc4MGNiODgw Generated by Wordfence at Sat, 4 Mar 2023 4:40:51 GMT.Your computer's time: document.write(new Date().toUTCString());. In order to receive your grant disbursement on the published date your financial aid eligibility must already be determined at least 10 business days before the published disbursement date. ZDlkNjhlNzM3ZTBiYTcyNDI1NDE4N2M5Y2I3MzgyZTc5MDBkODE2NGVjNzE3 Generated by Wordfence at Sat, 4 Mar 2023 4:40:46 GMT.Your computer's time: document.write(new Date().toUTCString());. However, the Pell Grant is not a loan. MDY1MDVkNWNkYzc2YmU3MzNmZWU3OTM2ZjIxMjkyY2ZiMzlmZDIxYWQ3ZDU1 YjUyY2FkOTM0Zjk5Yjc1Y2I0OTk1N2JiZGNiNTYyZWJmNDAxNzJiMTkyYmY4 MWQwYmEyN2M3ODBhNjQ5YzQwMWE5YTEzMzQxMjg3MGI0OTc2MTRlMDMyOGFm Educational institutions have never revealed a deadline or an ideal time to pass Pell Grant applications, leaving students and their parents almost clueless. If your earliest start date is prior to the Semester Start Date, disbursement will occur approximately two weeks after the Semester Start Date. You may also email edcaps.user@ed.gov. Financial Aid Grant Disbursement Dates 2021-2022. YTgwMWFjZWE3MTcxYmM0NzM3MzRjZmM1OGM4NTAxNzFmNjdhZDdkZjA1NTI4 Any Adjustment to courses on or before the census date may affect your eligibility for Federal Student Aid Programs. . -----END REPORT-----. 117-70 expires on Feb. 18, 2022, unless Congress acts to extend it. Follow the directions in the application. NmM5Yjc0MzJiNWEwZTFjZWQyOGQ4ZmU0YzhkYmIxMzhkNzBlMWRlZWE0ZDcx What is disbursement? It is mandatory that you activate your e-mail account. VERIFY: Is there a way to check if you received a Pell Grant? Q. For more information, visit this link: BankMobile Disbursements Refund Choices . Terminology for students or parent PLUS borrowers: NOTE: Students enrolled only in late starting short term classes will not receive aid disbursements until classes have started. Satisfactory Academic Progress . Editors Note: These disbursement schedules are estimates only and are meant to be used for internal purposes only. Your check will not be released until after the drop date (September 13, 2023 for Fall 2022 and February 7, 2023 for Spring 2023), as we have to verify enrolled units. A: These units may not have been considered for payment if you added the class within 15 days from the disbursement date. You must enroll in all of your Summer classes for all summer sessions up front. OGE2NDY4MmMzNTFkMDg3YWQ5OGY3ZjVkMDA0YmVkYTJmNGIyYWRjNTNkNDUz You should review information on Pell Grant eligibility determinations and the Lifetime Eligibility Used (LEU) limit posted on the Knowledge Center website. But first, let us discuss what a Pell Grant is. The maximum Pell Grant award for the 2021-2022 award year is $6,495, and the corresponding maximum Pell Grant eligible expected family contribution (EFC) is 5846. On Dec. 3, the President signed Public Law 117-70, making further continuing appropriations for the fiscal year ending Sept. 30, 2022, and for other purposes. MmM4Njk5YTQwZGMzMzYyMDMyMzE3NjU3N2M1MjMzMWQyZjdlOGZhMzQ1YzI4 Please contact a Tax Advisor or specialist for assistance. IMPORTANT: Financial aid is disbursed according to Need and number of units in which you are enrolled. With the release of the 2021-2022 Free Application for Federal Student Aid (FAFSA) on October 1, 2020, the Department is providing the Pell Grant Payment and Disbursement Schedules so that institutions may inform students and their families of their potential eligibility for a Federal Pell Grant. Pell Grants are normally disbursed in two payments each semester, according to the disbursement schedule. In addition, the Pell Grant scheduled disbursement dates for the Summer 2022, Fall 2022, and Spring 2023 semesters are listed below. NTU0N2VjZjZhZjMwODA5MWM5ZTAzMjZiYzU4MmYzYTBiNDliNjdhZjE3NTk4 Read Also: Do You Have To Pay Back Government Grants. If you are not attending a college or university that has issued you a financial aid check, return the funds immediately! MTE2YzUyYjE4ZjEyY2Q3MTllN2UxYjA4NzlmMmI0YjcxMjM4ZTMyZDM4NzAy Verify your enrollment through WebAdvisor to make sure you are actively enrolled in all the classes. Because we use mid-points in both the EFC columns and the cost of attendance (COA) rows in constructing the schedules, the actual 2021-2022 award year minimum scheduled award amount will be $650. If the. Pell Grant is generally paid in two disbursements per semester (one at the beginning of the semester, the other around the mid-point of the semester). YmM1ZDY0MGM3ZGYyMjY5M2ZiMDY0ZDk5NTYzZjkwY2JlYWI5ODk5M2NlNGZh Please remember that DISBURSEMENT DATE INFORMATION WILL NOT BE GIVEN OUT OVER THE PHONE. Any financial aid grants or scholarships not used for school related purposes, is considered taxable income. Adjustments can be made to initial Cal Grant disbursements based on increases to student enrollment load. For individual information, we recommend that students refer to their Financial Aid Award Notification Email, which is sent to their Butte College email account after their file is completed. OTAyZmZlZDAwYTkwYmY2YWI2NmZjM2FmNTRkMTA5MWE2ZThlNjRlZWVlYzQ1 117-70 expires on Feb. 18, 2022, unless Congress acts to extend it. Winter session 2020 and Spring 2021 aid disbursement will begin January 4, 2021. Institutions should also be aware of guidance regarding the Children of Fallen Heroes Scholarship, which extends maximum Federal Pell Grant eligibility for certain students who have a Pell Grant-eligible EFC and who had a parent or guardian die while serving as a public safety officer. Once the Financial Aid Office completes students file, each student will receive a Financial Aid Award Notification Email which will indicate an estimated Financial Aid Disbursement Date. Your first Pell grant disbursement will be based upon your enrollment status at the time funds are ordered from the U.S. Department of Education. A student enrolled less-than-half-time would not be eligible to receive Pell Grant funds for that crossover payment period if the funds are assigned to award year 2023-2024. NWEwYjQ3N2Q4NzNiYTE3OTk3MGJmYzMxZWZmMzVkYjM5ZjgyOGJiNTM2YmU1 . September 15, 2022. . (GEN-22-03) semester disbursement schedule. Yzc5ZWFkZWI2YWRlNjQzYWJjNzljNzMyNTA3ZGRiOGI4ODc2ZjgwMTEyZWU3 Some colleges would set different schedules. For a student to apply for a Pell Grant, he or she must apply through FAFSA or Free Application for Federal Student Aid. Some colleges would set different schedules. Just try to calculate what you think are the most accurate figures. 2023-2024 Federal Pell Grant Payment and Disbursement Schedules. YWVhZWUwM2JlYTM3YjE2Njk1NjQ4MTIzM2IyYzI2MzgwNjEwYzc0M2I5ZDE5 Since there are a lot of students and parents rooting to get a grant, then the earliest you could pass the application requirements, the better. Note: You will receive payment from only those funds listed on your Financial Aid Award Notification. Yzg5YTI3NzhmYzgyZjJkNmZjNzRiMGRlOTUwZGIyMzBiMzUwYzk3ZjdjMTg5 Students who are not approved are disqualified from receiving aid. Institutions should also be aware of guidance regarding the Children of Fallen Heroes Scholarship which extends maximum Federal Pell Grant eligibility for certain students who have a Pell Grant-eligible EFC and who had a parent or guardian die while serving as a public safety officer. NDIxNzFiODg5NTBmNGY1NTI2MGIwNjg5ZThjZGIxMWNiZDg0YzllNGM5NmNm Hours enrolled after June 26, 2023, will be reviewed on a case-by-case basis. If you do not sign up for direct deposit, your checks will be mailed. But one thing that most parents do not know is that there is actually an ideal date to pass the application. All financial aid, will first be applied to institutional charges, which include: tuition and mandatory state and campus fees Any remaining financial aid after institutional charges are paid will then be refunded to the student. YmM3MzcxYjhjYTVhYzBmMGM5OTUxZWE0Njc5MThhOGZkOWEzNmU5MDAxYzMz So, parents and students must always be on their toes and pass their applications for the Pell Grant on the earliest day possible. Therefore, students who are enrolled less-than-half-time during a crossover payment period that overlaps July 1, 2024, may have eligibility for Pell Grant funds if their payment period is assigned to award year 2024-2025. You will be notified by e-mail if you are eligible. ZjNiZWMwZmU3NWNiODIxMGFhNjJmODkwOGFmZTVkZWMzMGNlMmIyODdlMTVj NTVhYWRkNzc5NmIyMGRjNjlkY2E1NzFkY2Y4NTE5ZWIwZDVlODY4YTBjZDlk Pell Recalculation Date (PRD) 08/29/2022: 01/24/2023: 06/01/2023: These include changes to the Central Processing System (CPS), the Institutional Student Information Record (ISIR) Analysis Tool, the Common Origination and Disbursement (COD) System, and the EDExpress for Windows software. For example, for a less-than-half-time student, the COA includes only cost components for tuition and fees, books, course materials, supplies, and equipment, transportation, food and housing for a limited time period, and dependent care expenses. Contact a College Representative This Dear Colleague Letter has been superseded by Dear Colleague Letter GEN-22-04, posted on March 24, 2022. Review the section below "How funds are disbursed by program.". How much funding you receive depends on the number of units you are enrolled in and what type of financial aid you have been provided. We appreciate your continued support in making Federal Pell Grant Program assistance available to students. ODA2ZTQxN2ZkNDQyZWQ5MDlhMWNhODg4MDJiNDk2OWRiYmNkZDdlYmMxYjAz FALL 2022 Disbursement & Cutoff Schedule The following schedule outlines the disbursement and cutoff dates for Fall 2022 term. Dont Miss: Government Grants For Air Conditioning. Educational institutions have never revealed a deadline or an ideal time to pass Pell Grant applications, leaving students and their parents almost clueless. YjZkMjVlYjNmZGU1ZWMzYWMyYjQ0NmEzOWM1MDliYjI2ZmQ0YmQ4ODNmNDlj Y2RmYjFkZTFmNjI3ODMzNTlkYjBiOTMyZjQ0NWE2NTNkOWQ1Mjk1NmY0MzZj If you believe Wordfence should be allowing you access to this site, please let them know using the steps below so they can investigate why this is happening. With the release of the 2021-2022 Free Application for Federal Student Aid (FAFSA) on October 1, 2020, the Department is providing the Pell Grant Payment and Disbursement Schedules so that institutions may inform students and their families of their potential eligibility for a Federal Pell Grant. ZTlhYjIwMTBlMDdhNWY1MTBmZjBhZWZlNmVmM2RmMGE1YWQxNjAyNDQ5NTBk Student receives Federal and State aid from more than one school for the same or overlapping term. 2021-2022 Federal Pell Grant Payment and Disbursement Schedules in PDF Format, 372 KB, 16 Pages2021-2022 Federal Pell Grant Payment and Disbursement Schedules in Excel Format, 2021-2022 Federal Pell Grant Payment and Disbursement Schedules, The attachments to this letter contain the 2021-2022 Award Year Federal Pell Grant Program Payment and Disbursement Schedules, (GEN-21-01 ) For the 2024-2025 award year and thereafter, the FAFSA Simplification Act removes the requirement for a student to be enrolled as at least a half-time student to be eligible for the additional Pell Grant funds. Your access to this site was blocked by Wordfence, a security provider, who protects sites from malicious activity. On January 31, 2022, in accordance with the provisions of the Master Calendar specified in section 482 of the Higher Education Act of 1965, as amended (HEA), we published the 2022-2023 Federal Pell Grant Payment and Disbursement Schedules as Dear Colleague Letter (DCL) GEN-22-03 . Check your Chaffey email periodically for updates. Refer to your Financial Aid Loan Certification Email for your anticipated first disbursement date. It is your responsibility to review all Financial Aid Policies. These include changes tothe Central Processing System (CPS), the Institutional Student Information Record (ISIR) Analysis Tool, the Common Origination and Disbursement (COD) System, and the EDExpress for Windows software. Pell Grants will be disbursed in two payments each semester . Dont Miss: When To Apply For First Time Home Buyer Grant. **Completion of the FAFSA/Dream Act Application will check student eligibility for multiple awards and should be completed by all students ASAP. Pell Grant will not be adjusted after 01/30/2023. On December 29, 2022, the President signed the Consolidated Appropriations Act, 2023, which included a $500 increase to the maximum Pell Grant. Grants; Federal Work Study; Loans. SEOG funds are disbursed once a semester according to the disbursement schedule. ZjA2OGE5NmJjYzViMjM3ZjM5MmU1ZTIyZGFmMjRkY2VmNTNkMDQ2YTQyOGE0 All 2023-2024 Federal Pell Grant awards must be based on the attached schedules. You will be notified by e-mail approximately one week before your financial aid payment is disbursed. Hussain Shoaib is an author and digital marketer with expertise in financial aid and education. We began processing the Pell Grant ACA payments for all schools on Feb. 23, 2023. If, during this two week period you withdraw or are dropped from classes, your financial aid disbursement could be reduced, delayed, or cancelled. 2/16/2023 -- 50% Pell/SEOG 100% Cal Grant . ODVjYzMwOWFiNGQ1MzlkZWQ2MmNiNDQzMTBiODc4YjYwYjQ5NjI0YWM3NTRk Fall and Spring SEOG and State Grants are disbursed based upon your enrollment status at the time funds are ordered from the U.S. Department of Education, the California Student Aid Commission and the state. M2IxNzIwNzIxNDRiOTgwNWQxMDI4YmZmNzBkZTk1NWJkODlmY2M2NzkwMTc4 You must be logged in to comment on this page. 5/11/2023 -- 50% Pell/SEOG 8/23/2022 Early September . You will be notified through your Inside BC when your financial aid payment is processed. Institutions should review information on Pell Grant eligibility determinations and the Lifetime Eligibility Used (LEU) limit posted on our Information for Financial Aid Professionals (IFAP) website. The dates below are provided for informational purposes only. -----END REPORT-----. Students who are eligible to receive a Federal Pell Grant may use the table below to view the amount of Pell that will be awarded per semester (summer/fall/spring) based on a student's Expected Family Contribution (EFC) from the FAFSA (using your 2022-2023 FAFSA) and semester credit load. Pell Grant and Cal Grant awards are prorated, based on enrollment. MWVmN2YzZDUwNDM3MTU0NThlZmZmMGEyN2JmNzk5NjFjZmUwY2IyZjI2In0= MzQ4YTg4NzUxOGZiYmJjYjk3MWJlMDUwOTIyMDE4OTVlNjM5N2RmOWUzNTlj If you are borrowing student loans, you WILL NOT receive your loan funds until you have BEGUN ATTENDING at least 6.0 units . ZGUwMDA3OTEyNjNlZGVmMDk4MzcwZWFlM2M4N2QxNTQyYTBmOGU1OWNhNWNh To learn more, see Dear Colleague Letter GEN-17-06. To better support Pell Grant students purchase their books and supplies in a timely fashion, Financial Aid is disbursed to eligible students as early as the Friday before the first day of classes each semester, and weekly thereafter. ACA payment amounts are not included in a schools Current Funding Level (CFL) but are payments made to a school based on its unduplicated student recipient information. . A: Some awards require a minimum unit enrollment of half-time (6-8.5 units) or full-time (12+ units). If you are enrolled in classes that begin later in the term, you will not receive grant or loan funds for those classes until after they have started. The Pell payment will be based upon enrollment status (full time, three-quarter time, half-time, less than half-time) at the time of the calculation. Yjc5ZDQxMDI2NmRhMTE3MWI3NTk2MjcxY2FkNzQ1N2E4NTEyMWY1ZTc0NTgx MmEzN2E5MTBmM2JkMmJjY2VlZTQ5NzU1MGQzODZlNWE3MjFmMTkzZjNhY2Rh If Congress acts to modify the current maximum award for 2022-2023, we will publish revised schedules. This is Not what I need this late in the year prior to graduation, Facts About FAFSA, Pell Grant Pay Backs and Refunds, Maximize Financial Aid With California FAFSA: A Step-By-Step Guide, Everything You Need to Know about the Cal Grant, Everything You Need to Know About Second Chance Pell Grant, FAFSA Eligibility and Requirements for 2023-24. California Promise Grant (BOG) will be awarded to the student (if eligible) to cover tuition costs. Students are paid aid based on classes they are attending. -For Fall 2022, Spring 2023, and Summer 2023: Complete 2022-2023 FAFSA (2020 taxes)-For Fall 2023, Spring 2024, Summer 2024: Complete 2023-2024 FAFSA (2021 taxes) - Available October 1, 2022. Nevertheless, you should be aware that the funding currently made available under P.L. Second Schedule Disbursement: Pell: Half: Nov 3, 2022 : SEOG: All : EOPS: All : Cal Grant: All: Corrections *If you did not receive any of the previous disbursements. For example, if your semester Pell Grant award is $2000 and you are enrolled in 7 units, you will be eligible for $1000 ($2000 x .50). Read Also: Grants For Daycare Providers 2021. Late start classes that were registered after 09/06/22, will not be included in a continuously enrolled students* total enrollment for financial aid purposes. ZmJlZjE3OTM2Njc2ZDc1NTI1MjcyNjc0MzRkMWRkNjFmNTkzZDI2ZWZhODY2 Summer 2022: July 1 *Note: Refunds resulting from disbursements made on July 1 will not be processed until the following week. NWU2MTk5MzA3MWVkYmNhNDRlNmVlZmM0Y2IwOGNhMjM0ZDExOGVjNTBmYjNj Disbursements will be adjusted if enrollment increases or decreases. This is a form of student financial aid that took its name from US Senator Claiborne Pell. For example, if your semester Pell Grant award is $2000 and you are enrolled in 7 units, you will be eligible for $1000 . Upon receive your loan acceptance letter and prior to the disbursement of the funds, you have the right as a borrower to cancel all or part of your loan within 14 days of receiving your loan acceptance letter and disbursement notice. . The first Cal Grant disbursement will occur the week of FA census date for every term. 9/15/2022 -- . YzA3YTI5OWVhNmQ1NWNmNDgzZDE2MzIifQ== The amount of your disbursement is based on the number of units you are actively enrolled in 15 days prior to the disbursement date. For the first grant dates shown, please verify or update your mailing address or Direct Deposit by August 31, 2022 by 5:00pm first Fall 2022 semester disbursement. If your award letter shows, with the exception of the California College Promise Grant , that you have been offered assistance for the Fall semester only, it is because: Direct Deposit is now available for Financial Aid payments. Financial Aid Disbursement Schedule 2022-2023. 100% Cal Grant 5/12/22 - 50% Pell/SEOG 1/19/2022 Late January . 2020-2021 Award Year Deadline Dates for Reports and Other Records Associated With the Free Application for Federal Student Aid (FAFSA), the Federal Supplemental Educational Opportunity Grant (FSEOG) Program, the Federal Work-Study (FWS) Programs, the Federal Pell Grant (Pell Grant) Program, the William D. Ford Federal Direct Loan (Direct Loan) Program, the Teacher Education Assistance for . ZDExYzA5NjllNGM5ZGRmZGRmNDFiZjc5Yzg4YzEzMWQyYzc1YWFlNWJlMzA3 For checks lost in the mail, there is a 10-business day wait period before checks can be voided and re-issued. It is also important to note that the statutory restrictions of using only certain cost components in constructing a COA in some circumstances still apply. The amount granted to the student is determined by the calculations based on the information given by the student upon filling up the FAFSA form and passing a copy of the familys EFC or Expected Family Contribution. You may be required to repay all or a portion of the money you receive if you withdraw from any or all of your classes. 11/10/2022 50% Pell/SEOG . In future electronic announcements, we will provide institutions with important information about system, web, and software modifications that will reflect the 2021-2022 Pell Grant Payment and Disbursement Schedules. For more information on these COA restrictions, please refer to Volume 3, Chapter 2, of the Federal Student Aid (FSA) Handbook. For a student to apply for a Pell Grant, he or she must apply through FAFSA or Free Application for Federal Student Aid. Attached to this letter are both PDF and Excel versions of the Payment and Disbursement Schedules for determining Federal Pell Grant awards for the 2021-2022 award year (July 1, 2021 through June 30, 2022) for full-time, three-quarter-time, half-time, and less-than-half-time students. ZWUwMGE3ZWExNDYwOGM2NTNkMDY1NDRhZTM0NmNhMDJlOTAwMzA0MDllNDVi Disbursement Dates . Refund Dates 2022-2023 Award Year Fall 2022 August 29, 2022 - December 17, 2022 Spring 2023 January 30, 2023 - May 27, 2023 Spring Break March 27, 2023 - April 2, 2023 Summer 2023 June 12, 2023 - August 18, 2023 Revised: 01/23/2023 YWY1Y2I4ZmFiNGMyN2QyMGYwMjMyMTYyNTRiMGI1Yjc2MDgwNDA2MmQ0MWY0 We appreciate your continued support in making Federal Pell Grant Program assistance available to students. These grants are disbursed in two payments per semester. NASFAA has released updated, estimated 2022-23 Pell Grant payment and disbursement schedules, as the fiscal year 2022 spending bill, which included a $400 increase to the maximum 2022-23 Pell Grant award, is awaiting President Joe Biden's signature after passing both chambers of Congress. 2022/2023 Disbursement Information/Schedule -Fall 2022/Spring 2023/Summer 2023. Loan disbursement dates vary based on several factors: When the loan request form with all required documentation is turned into the Financial Aid Office; NASFAA advises schools to wait for official Pell schedules from the Department of Education before sending aid packages to students. YjY4NGMyMWIzZjg3MTgzMGZmMzM4ZDRmYjU2ODZjZTZmNWQyYmU0OGM1OTkz If you drop units before the freeze date, you may not be eligible for a second Pell grant disbursement or may owe back the financial aid that you have already received.