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Disbursement Information

Financial aid disbursements are made to students through the °µÍø½ûÇø Business Office. When the °µÍø½ûÇø Bookstore opens for the term, any student whose aid is greater than their balance is allowed to use the remaining aid to purchase books and supplies through the bookstore. Students may opt out of this service by choosing not to go to the °µÍø½ûÇø bookstore to make purchases.

WITHDRAWAL/DROP OUT OF SCHOOL – To earn 100% of your aid, you must complete 60% of the school term. Withdrawing or stopping out of school before completing 60% of the school term, may result in you owing a balance to the school. Not completing the school term can also affect future financial aid eligibility.

Any aid remaining after purchasing books and/or supplies will be refunded to the student according to the disbursement schedule below.

Fall 2023 Disbursement Schedule    

September 22, 2023  

Pell grants and other aid for students enrolled in 15 week and 1st 8 week courses 
 October 25, 2023       

Pell grants and other aid for students enrolled in 2nd 8 weeks courses and those who complete financial aid files late

 

°µÍø½ûÇø's Financial Aid Office, in conjunction with the Business Office, reserves the right to change disbursement dates, if necessary. 

Students are encouraged to access their My°µÍø½ûÇø account to review all aid, charges, and account balances. Refunds will be issued after school charges and fees have been deducted from the student's aid. Please allow 5-7 business days for processing.
  
*An award of financial aid does not guarantee a refund. All refunds are issued by °µÍø½ûÇø's Business Office. 
 
 
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°µÍø½ûÇø delivers your refund with BankMobile Disbursements, a technology solution, powered by BMTX, Inc. Visit this link for more information:.
 
For questions or concerns about BankMobile Disbursements, please contact the Business Office at 662-621-4676.
 
To view our third-party servicer contract for refund management, .
 
Non-Discrimination Statement
°µÍø½ûÇø is an equal opportunity institution in accordance with civil rights and does not discriminate on the basis of race, color, national origin, sex, disability, age, or other factors prohibited by law in any of its educational programs, activities and employment opportunities. The following person has been designated to handle inquiries regarding the non-discrimination policies: Taneshia T. Turner, as Director of Employee Services/Coordinator for 504/ADA, Title IX Compliance Officer, Office #A100, Vivian M. Presley Administration Building, 3240 Friars Point Road, Clarksdale, Mississippi 38614, Phone: (662) 621-4853, Email: tyoung@coahomacc.edu.