All aid disbursements are handled through the Bursar's/Cashier's Office. Funds, where appropriate, will be applied directly to your tuition/fees, book advance, and other related college charges. If your financial aid is not sufficient to cover your tuition and fees, you must pay the difference. Payment plans may be available to students who do not have sufficient aid to cover all charges by the due date. Please check with the Bursar's/Cashier's Office, (480) 423-6148 for more information. All remaining tuition and fees for the semester must be paid by the appropriate tuition and fee payment deadline. You must be registered in ALL credits by the end of the add/drop period each semester.
If you still have financial aid remaining after tuition and fee charges are paid, the balance will be provided to you. Excess aid will be disbursed through the MSRP process. You must be enrolled in the minimum required hours based on your award amount in order to receive the financial aid offered. Students should not expect their funds any earlier than the third week after their earliest class start, dependent upon the MSRP delivery method selected. Students with late starting classes or overlapping classes from a prior term may have some (or all) of their grant and/or loan disbursement delayed further. Enrolling in classes with different start dates may delay the disbursement of financial aid monies. Please plan accordingly.
First time SCC loan borrowers are required by the government to complete an entrance counseling session and Direct Loan Master Promissory Note (MPN) before loan funds can be disbursed. The first disbursement of loan funds may be delayed if student is enrolled in late starting/modular classes. Loans have multiple disbursements, academic year loans for Fall and Spring semester are disbursed in two equal payments at the beginning of each semester. Fall semester only, or Spring semester only loans are disbursed in two equal payments; one at the beginning of the semester, and a second at the mid-point. Also note that the date indicated on the MPN is not the actual disbursement date to the student. You must be enrolled in at least 6 credits at SCC to receive loan.
First year, first time SCC borrowers are subject to a Federal 30 Day Delayed Disbursement during their first semester of enrollment. Loan is not awarded to first year, first time borrowers that are attending in the Summer semester. First year, first time borrowers can only apply for loan in the Fall and Spring semesters.
Important Message about Continued Eligibility for Financial Aid. Remember, if you receive financial aid and then do not attend classes, Federal Law may require you to repay the money to the U.S. Government.
Return of Title IV Funds
In accordance with federal regulations, a student may be required to repay federal financial aid if completely withdrawn from all classes during a period of enrollment. Any refunds and deposits are applied to institutional debts and/or federal programs as regulated by law. Withdrawal and Return of Funds Procedure.