All aid disbursements are handled through Student Business Services. 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 Student Business Services, (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.
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 or is a first time student at SCC. Loans have multiple disbursements, academic year loans for Fall and Spring semester are disbursed in two equal payments at the beginning of each semester and first year/first time borrowers have a 30 day delayed disbursement. 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.
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. If you receive Federal financial aid and do not attend classes, Federal law will require you to repay the money you receive.