All disbursable federal and state financial aid funds are generally disbursed to the student's college account on the Wednesday prior to the scheduled refund dates on Fridays.
Disbursement vs. Refund
Disbursement is when financial aid funds are first applied to the student's college account to pay for any allowable charges the student owes to the college.
Refund is any remaining funds which are due to the student after the disbursement.
