Financial Aid Disbursements
Once you are awarded financial aid, we begin disbursing the Thursday before each quarter, with the exception of Summer, which is always July 1 or later. After that, we will disburse daily throughout the quarter (except weekends/holidays). If the quarter has already started and you are eligible for that quarter, we will disburse funds to you within 3 business days once we have determined your eligibility. Loans may take a few days longer due to certification or other requirements.
All funds are disbursed through BankMobile after 1 p.m. the day of disbursement. You will need to setup your refund selection with BankMobile prior to the disbursement so there is no delay in getting your funds. If you have not set up your refund selection, please go to refundselection.com and enter the code you received through the mail or email. If you have not received a code, you can generate a new code by clicking on “Need Code” and following the prompts. If you need help, please contact our office right away so we can get this resolved for you.
2019-20 Disbursement Schedule:
Note About Direct Loans
Loans may be delayed due to certain requirements. It typically takes 5-7 days to certify your loans once you are awarded and be available to disburse. If you are a first year student (less than 45 credits towards your program at Edmonds) and a first time Direct Loan borrower, you will have to wait 30 days into the first quarter you are eligible for loans to receive your first disbursement. If you are requesting a loan for only one quarter, your disbursements will be split in two disbursements. The first disbursement will go out at the beginning of the quarter or once your loan is certified (unless you are a 30 day hold), and the second will go out at mid-quarter.
First time/First Year Borrowers – 30 Day Hold Dates
Mid-Quarter Disbursement Dates (First quarter loans)
EdMail: You are required to use it! It is the way we communicate with you.
The college assigns all students EdMail (email) accounts within a couple of days after they register for their first class. Note: if you are a former student returning after time away from school, check with the Enrollment Services Office to confirm what email address we have on file for you. We use the address recorded in the Enrollment Services records. To gain access to your account, follow the steps at edcc.edu/edmail.