Loan Disbursement & Refund Dates

Students must be enrolled at least half-time (6 hours) at Cisco College each semester in order to receive their disbursements (loan money). Failure to do so will result in the loan funds being returned to the lender and remainder of the loan canceled. Loans will not be reinstated after cancellation due to dropping below half-time even if student is reinstated in classes.

*PLEASE NOTE - A disbursement date is the day a school receives loan funds. Not to be confused with the refund date when any remaining funds will be issued to the student.

The Disbursement dates for ALL Loan Borrowers and Pell Grants are:

FALL SEMESTER:

• 1st disbursement - September 9, 2022

SPRING SEMESTER:

• 1st disbursement - January 27, 2023

*After the school receives the disbursement on the dates above, the business office has 14 days to credit your account.