Disbursement Information
Financial aid disburses at different points throughout the semester. Please review the disbursement schedule for dates for each semester (fall, spring, and summer). To ensure your financial aid disburses on time, make sure all your requirements are completed in MyCompton at least two weeks before the start of the semester.
Disbursement Schedule
For Fall 2024:
- If you’ve been awarded the Pell Grant, the first 100% disbursement will begin on August 30, 2024, and every Friday thereafter.
- If you’ve been awarded the SSCG, 100% will be disbursed on August 30, 2024, and every Friday thereafter.
- If your file is completed after the date(s) listed on the schedule, you can expect your disbursement about 2-3 weeks after your file has been completed. Please note that all disbursements typically arrive on Fridays. If you’re having funds transferred to your bank account, it may take an additional 1-2 business days for the funds to reach your account.
Units of Enrollment Required for Disbursement Per Semester
| Enrollment Status | Number of Units Enrolled | Percentage of Disbursed Amount |
|---|---|---|
| Full-Time | 12 or more units | 100% |
| Three-Quarter-Time | 9-11.5 units | 75% |
| Half-Time | 6-8.5 units | 50% |
| Less-Than-Half-Time | 1-5.5 units | 25% |
