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Financial Aid Disbursement

When will my financial aid be applied to my bill?

The date your funding is credited (disbursed) to your student account depends on your program's delivery model.

Here are the dates for the 2022–2023 academic year.

Semester-Based Programs

Funds are disbursed after the add/drop period has ended for the semester.

  • Fall 2022: September 15, 2022
  • Spring 2023: February 2, 2023
  • Summer 2023: June 15, 2023

Term-Based Programs

Term-based programs include off-campus graduate programs, Bunker Hill Community College, and online programs.

Term

Start Date

End date

Disbursement

Summer 2 (Starts only)

7/11/2022

9/4/2022

7/21/2022

Fall 1

7/6/2022

10/30/2022

9/15/2022

Fall 2

10/31/2022

12/23/2022

11/10/2022

Spring 1

1/23/2023

3/19/2023

2/2/2023

Spring 2

3/20/2023

5/14/2023

3/30/2023

Summer 1

5/15/2023

7/9/2023

5/25/2023

Summer 2

7/10/2023

9/3/2023

7/20/2023

Online Undergraduate Programs

Funds are disbursed once you've reached half-time status (taking 6 credits in one semester). For example, if you take 3 credits in Fall Term 1 and 3 credits in Fall Term 2, your funds will post after Fall Term 2.

The disbursement date is usually 10–16 days after the start date for the 8-week term.

Low-Residency Programs

Funds are disbursed after the low-residency portion of your program has started. July 1 is the earliest disbursement date.

When your loans are certified, the U.S. Department of Education mails you a disclosure form and your disbursement dates.