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 2020||SPRING 2021|
|Semester start date||8/22/2020||1/16/2021|
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.
|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.
|Start of FA disbursements (subject to change without notice)*||9/3/2020||1/29/2021|
|1st loan disbursement||9/3/2020||1/29/2021|
Loan disbursement dates for 1st-year students who are 1st-time student-loan borrowers.
|1st disbursement released 30 days after your earliest class start date|
|2nd loan disbursement (if awarded for one semester only)||10/21/2020||03/23/2021|
|End of book advance disbursements||11/20/2020||4/15/2021|
|Semester end date||12/18/2020||5/14/2021|
|SAP Appeal and MTF Appeal priority deadline date||7/23/2020||N/A|
|SAP Appeal and MTF Appeal deadline date||10/16/2020||3/12/2021|
- Fall 2020 semester classes starting after 8/31/2020 are considered late-start classes. Funds for late-start classes will disburse 5 business days after your earliest class.
- Spring 2021 semester classes starting after 1/26/2021 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.