Important Financial Aid Dates*
The anticipated dates associated with the start dates below represent the earliest date funds can be applied to your account and is not a guarantee of when aid will disburse, or a refund will be processed for a particular student. Many factors can prevent disbursement. You are responsible for making sure all items on your TASKS tile are complete. Incomplete items will delay or even prevent the disbursement of financial aid to your student account.
Students whose enrollment changes before or after aid is disbursed may have financial aid awards adjusted to reflect a change in aid eligibility. This may result in charges owed to the College even after a refund has been processed.
All refunds are processed through BankMobile. To activate your BankMobile account or to choose your refund preference, log into your MyPath> Student Self-Service > Account Balance tile to select your refund preference. You can also select, change an existing preference, or update your address or bank account information at BankMobile.
Failure to choose a refund preference or to update if your address or bank account information has changed will result in a delay in any refund to which you may be entitled. Please note that if your mailing address has changed and you have updated it with the College, you are still required to update it with BankMobile separately.
Refunds are processed on Wednesday evenings. This is not the date funds will be available to you. It can take several business days for refunds to be available in your bank account. Paper checks are mailed the Friday after the Wednesday refund process date.
Bookstore Charges Using Financial Aid
Students whose financial aid exceeds their charges and who have signed a Financial Aid/Bookstore Release form may make purchases from either our campus bookstore located at the Boone Campus or the KCTCS online bookstore.
There is an automated bookstore charge process that allows eligible students to make charges at the online bookstore or by visiting the campus bookstore without contacting the financial aid office first. Automated bookstore charges for eligible students will be available to use in the KCTCS online bookstore or the campus bookstore at the Boone Campus from 05/03/2024 - 06/11/2024
If you find you need a book after the end of the automated charge period, contact the Financial Aid Office. If you are eligible for a voucher, one will be sent to the bookstore on your behalf.
SUMMER 2024 Disbursement and Refund Dates
These dates are based upon the date your first class begins and after attendance is confirmed. If your first class begins in:
- Initial disbursements to student accounts for eligible students are scheduled to begin 06/16/2024.
- Initial refunds for eligible students are scheduled to begin processing on 06/19/2024.
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Please keep in mind that all federal Direct Student Loans are required to be disbursed in two equal disbursements, and the 2nd disbursement can’t be released until 07/07/2024 at the earliest.
- Initial disbursements for eligible students are scheduled to begin processing on 07/07/2024. This date does not apply to loan disbursements for first time student loan borrowers.**
- Initial refunds for eligible students are scheduled to begin processing on 07/10/2024. This date does not apply to loan disbursements for first time student loan borrowers.**
- Please keep in mind that all federal Direct Student Loans are required to be disbursed in two equal disbursements and the 2nd disbursement can't be released until 07/07/2024 at the earliest.
* The Financial Aid Office cannot guarantee the arrival or disbursement of funds. The dates represent the earliest date funds can be applied to your student account. Disbursement and refund dates are subject to change without notice.
** Disbursements for time borrowers of federal student loans are delayed a minimum of 30 days from the beginning of student’s first class(es).
