Financial Aid Bldg

Financial Aid

UPDATED INFORMATION: The U.S. Department of Education has notified the Financial Aid Office that students who are currently enrolled in a selected few programs with more than 50%* of coursework online may not be eligible in spring quarter to receive federal financial aid. This affects fewer than 1% of all financial aid recipients. Affected students will be notified individually. These few affected students will still be able to receive state aid for which they qualify, such as the BOG waiver, Cal Grants and scholarships.

For more information, contact Financial Aid director Lisa Mandy at mandylisa@deanza.edu or 408.864.8403.

 

*Percent of combined units attempted at De Anza and Foothill Colleges.  Example:  Attempted total of 100 units, 50 units attempted via online courses is 50% online.  If percentage is less than 50%, you will be eligible for aid until such time you reach 50%.

Disbursement and Refund Information

The Financial Aid Disbursement date listed on the Student’s MyPortal is the date the Financial Aid office disburses the Student’s Financial Aid to the Student’s De Anza account. The disbursements are processed on Monday of each week.The Financial Aid disbursements will first cover/pay any outstanding balances due to the college. A Refund of the Student’s Financial Aid will be transmitted to Higher One Bank on the following Friday.

Financial Aid Disburses and Refunds on the scheduled dates when:

  • Student is approved and awarded Financial Aid
  • Enrolled in required number of units at least one week prior to the start of term
  • Student is in "Good", "Warning" or "Probation" per  Satisfactory Academic Progress

Disbursement Adjustments/ Reverse disbursements occur when students increase or reduce the number of units they are enrolled in within the add/drop period or are subject to Return of Title IV.

If you have not received your Financial Aid refund on the scheduled refund date, please check your Satisfactory Academic Progress on your MyPortal, under the Financial Aid tab.

The enrollment status of the student, i.e. full time, three-quarter time, half time or less than half time and the student's EFC will have a proportional effect on the amount of grant money a student will receive.  You must be enrolled in 6 units to receive loan disbursements.

For more information about Disbursements, see the Federal Student Aid Website.

Students have a choice of opening a Higher One Bank account for fastest access to their refund or having their refund transmitted via ACH to their own bank account, which usually takes a day or two extra. Students choosing neither will receive a paper check after 21 days.

REFUND DATES to HigherOne


 

Friday, January 8, 2016

Friday, February 19, 2016

Students with a 30-day delay on their loan will receive their refund on Friday, February 12, 2016.

*For Direct Loan first time borrowers there is a 30-day delay in the release of a first loan disbursement. The refund will be issued the week after the 30-day delay has passed.

 

Friday, April 8, 2016

Friday, May 20, 2016

Students with a 30-day delay on their loan will receive their refund on Friday, May 13, 2016.

*For Direct Loan first time borrowers there is a 30-day delay in the release of a first loan disbursement. The refund will be issued the week after the 30-day delay has passed.

We disburse funds weekly as Financial Aid Applications are received, reviewed and processed.  Please check your MyPortal to verify all requirements have been met.






Financial Aid
Building:
Baldwin Winery
Contact:
FinancialAid@deanza.edu
Phone:
408.864.8718

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Last Updated: 4/18/16