Disbursement and Refund Information
Disbursement to De Anza Account
The Financial Aid Disbursement date listed on the Student’s MyPortal is the date the Financial Aid office disburses the Student’s Financial Aid to the Student’s De Anza account. The disbursements are processed on Monday of each week.The Financial Aid disbursements will first cover/pay any outstanding balances due to the college. A Refund of the Student’s Financial Aid will be transmitted to BankOneMobile on the following Friday.
Financial Aid Disburses and Refunds on the scheduled dates when:
Disbursement Adjustments/ Reverse disbursements occur when students increase or reduce the number of units they are enrolled in within the add/drop period or are subject to Return of Title IV.
If you have not received your Financial Aid refund on the scheduled refund date, please check your Satisfactory Academic Progress on your MyPortal, under the Financial Aid tab.
The enrollment status of the student, i.e. full time, three-quarter time, half time or less than half time and the student's EFC will have a proportional effect on the amount of grant money a student will receive. You must be enrolled in 6 units to receive loan disbursements.
For more information about Disbursements, see the Federal Student Aid Website.
Students have a choice of opening a BankMobile account for fastest access to their refund or having their refund transmitted via ACH to their own bank account, which usually takes a day or two extra. Students choosing neither will receive a paper check after 21 days.
ATM Locator Website http://www.allpointnetwork.com/atm-locators.aspx
Click here to view our institution's contract with BankMobile, a Division of Customer Bank.
Scheduled REFUND DATES to BankMobile