The financial aid disbursement policy that is applied to all students receiving financial aid for every term of the academic year. Student Service Center Lassen Hall (916) 278-1000 Financial Aid Website. At the time of disbursement, the aid will apply to the registration fees and debts before any balance is given to you. In the event of a delay in disbursement, these dates may vary. The initial Spring 2021 financial aid refund is February 2, 2021 (Students must have a credit balance by January 29, 2021, to be eligible for a refund on this date) Other school refunds to CSU students begin on 1/11/2021 starting with the Book Voucher process through 1/29/2021. If there is a credit balance remaining on a student’s account after all obligations are paid, a financial aid stipend will be generated. The rights and responsibilities for students receiving financial aid and the criteria for continued eligibility. ***Financial aid awards are based on the student's enrollment at the time of disbursement. For dates specific to your Extended Ed program, email ee_financialaid@csumb.edu. Disbursement Dates. Disbursements & Direct Deposit (eRefund) Disbursements. ^ Back to top. The primary disbursement (first disbursement) is the Thursday before the start of classes: Fall 2020: Primary disbursement date is August 20 Dates and deadlines may vary for Extended Education. Your eligibility and award are based in part on the housing status and enrollment status shown on your award letter. Financial Aid Stipends. Financial Aid Office. Financial aid awards are based on the student's enrollment at the time of disbursement. The Satisfactory Academic Progress (SAP) standards that measure academic progress towards a degree. If you have been awarded financial aid and have completed the required documentation, your aid may begin to disburse the week before the first day of instruction. Actual pay amounts may reflect the deduction of outstanding financial obligations of fees, housing, short-term loans, etc. The amount shown on your disbursement schedule represents the total financial aid paid to you. January 5th: Payment deadline for the Spring 2021 Financial Aid disbursement and refunds via direct deposit; There is still time to complete your FAFSA or Dream Act Application to receive Financial Aid for 2021-2022 Fees must be paid by 4:00 p.m. Pacific Time on the due date, and installment forms must be submitted by noon on the due date. In the event a student withdraws from a course prior to the Financial Aid Freeze Date, the award will be recalculated and the student may owe a repayment. January. 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