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 2019–2020 academic year.

Semester-Based Programs

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

  • Fall 2019: Sept. 20, 2019
  • Spring 2020: Feb. 10, 2020
  • Summer 2020: Jun. 19, 2020

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) 7/8/2019 9/1/2019 7/25/2019
Fall 1 9/3/2019 10/27/2019 9/19/2019
Fall 2 10/28/2019 12/22/2019 11/7/2019
Spring 1 1/21/2020 3/15/2020 2/10/2020
Spring 2 3/16/2020 5/10/2020 3/26/2020
Summer 1 5/11/2020 7/5/2020 6/4/2020
Summer 2 7/6/2020 8/30/2020 7/16/2020

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.