Fee & Disbursement Schedules
As approved by the state legislature, all registering students will be required to pay $46.00 per unit (subject to change).
Disbursement Options
Taft College is committed to delivering financial aid refunds, keeping data secure, and providing students with clear choices. Taft College has partnered with BankMobile Disbursements to deliver financial aid refunds to students. For more information about BankMobile, visit this link: http://bankmobiledisbursements.com/refundchoices/
Wondering when you’ll receive your financial aid? Refer to the following schedule for estimated disbursement dates.
CAL GRANT/SSCG – Will be disbursed once each semester as funds are available. Student must be in Good status to maintain award.
FWSP/IWP – Pay periods are the 1st through the end of the month with paychecks available on the 15th of the next month at the Cashier’s Desk.
FSEOG – Checks will be disbursed once each semester as funds are available. Student must be in Good status to maintain award.
PELL GRANT – Students will receive two payments per semester. The following dates are for the Financial Aid Department to send Pell Grant disbursements to the Business Services Department for processing.
SCHOLARSHIPS – Will be disbursed once each semester as funds are available. Student must be in Good status to maintain award.
PLEASE ALLOW 5-10 BUSINESS DAYS FROM THE BELOW DISBURSEMENT DATE FOR THE PROCESSING OF YOUR REFUND.
Disbursement Schedule
2022-2023 Academic Year
(subject to change)
Fall 2023 Disbursement Dates
| Financial Aid | Date | |
|---|---|---|
| Non-Resident Scholarship | August 21 | 2023 |
| Merit Scholarship | August 28 | 2023 |
| Pell Grant/Direct Loan | September 6 | 2023 |
| Cal Grant/SSCG | September 13 | 2023 |
| FSEOG | October 4 | 2023 |
| TC Scholarship | October 11 | 2023 |
| Pell Grant | November 1 | 2023 |
Spring 2024 Main Disbursement Dates
| Financial Aid | Date | |
|---|---|---|
| Non-Resident Scholarship | January 16 | 2024 |
| Merit Scholarship | January 22 | 2024 |
| Pell Grant/Direct Loan | January 31 | 2024 |
| Cal Grant/SSCG | February 7 | 2024 |
| FSEOG | March 6 | 2024 |
| TC Scholarship | March 13 | 2024 |
| Pell Grant | April 3 | 2024 |
Summer 2023 Main Disbursement Date
| Financial Aid | Date | |
|---|---|---|
| Pell Grant | June 10 | 2024 |
| Direct Loan (is applicable) | July 15 | 2024 |
| Units Enrolled (Per Semester) | Enrollment Status | Percentage of Award Eligible for Disbursement |
|---|---|---|
| 12 or more units | Full Time | 100% (The above scholarships will only pay at this status) |
| 9.0 – 11.99 units | Three Quarter Time | 75% |
| 6.0 – 8.99 units | Half Time | 50% |
| 5.99 – Les Units | Less than Half Time | 25% (Loans and Cal Grant will not pay at this status) |
CARE GRANT – Grant will be disbursed once each semester.
CAL GRANT – Grant will be disbursed once each semester, 2 times a year, as funds are available.
CCPG (formerly known as BOGW) – The California College Promise Grant waives community college enrollment fees if you’re eligible.
TCSP – Checks are processed once each semester. (STUDENTS MUST BE ENROLLED FULL-TIME)
MERIT – Checks are processed once each semester. (STUDENTS MUST BE ENROLLED FULL-TIME)
NOTE: All awards are subject to the availability of funding.
Remember, financial aid is intended to help students pay for educational related expenses. DO NOT expect to live on financial aid. It is designed as a supplement and not intended to meet the total cost of your education and living expenses. Effective management of the funds will help you avoid financial crises between disbursement dates.