Disbursement dates apply only to students who received a Financial Aid Award notification email. Financial aid awards will be applied to your MCC student account on the disbursement dates listed. Financial Aid refunds will be sent out 1-2 days after the dates listed.
Please allow 2-5 business days after the disbursement dates listed to receive your Financial Aid refund by Direct Deposit and 10-14 business days for refund checks that are mailed.
If your financial aid is awarded after the semester has started or if you have all late-starting classes, book advance dates and financial aid/loan disbursement dates may not apply to you.
| Important Dates | FALL 2023 | SPRING 2024 |
|---|---|---|
| Semester start date | 8/19/2023 | 1/13/2024 |
|
Start of book advance disbursements For more information go to Book Advances |
Nine business days prior to your earliest class start date | |
| Consortium agreement due date* Semester start and end dates for the Host school and MCC must coincide. |
8/28/2023 | 1/22/2024 |
| Pell recalculation date* Last day to adjust your class schedule if you are Pell Grant eligible. Pell grant amounts will not increase for classes added after this date. |
8/28/2023 | 1/22/2024 |
| Start of FA disbursements (subject to change without notice)* | 8/31/2023 | 1/25/2024 |
| 1st loan disbursement | 8/31/2023 | 1/25/2024 |
| 30-day delay* Loan disbursement dates for 1st-year students who are 1st-time student-loan borrowers. |
1st disbursement is released 30 days after your earliest class start date | |
| 2nd loan disbursement (if awarded for one semester only) | 10/18/2023 | 03/19/2024 |
| End of book advance disbursements | 11/17/2023 | 4/12/2024 |
| Semester end date | 12/15/2023 | 5/10/2024 |
| SAP Appeal and MTF Appeal deadline date | 10/6/2023 | 3/8/2024 |
* NOTE:
- Fall 2023 semester classes starting after 8/28/2023 are considered late-start classes. Funds for late-start classes will disburse 5 business days after your earliest class.
- Spring 2024 semester classes starting after 1/22/2024 are considered late-start classes. Funds for late-start classes will disburse 5 business days after your earliest class.
- If you do not maintain your original level of enrollment your aid may be adjusted and you may incur a debt. This applies to classes you were enrolled in but did not attend, late-start classes you dropped, and classes that are canceled.
- Enrollment levels are full-time (12+ credit hours), 3/4 time (9 - 11 credits), half-time (6-8 credit hours), and less than half-time. We do not round up for half (0.5) credits.