Rio Hondo College Office of Financial Aid disburses funds in two standard disbursements per semester.  This means you might receive financial aid funds twice in a semester.  50% will be available on the 1^st Disbursement and the other 50% on the 2^nd Disbursement.

Your disbursement will be available to you by the disbursement date if you meet all eligibility requirements, you are enrolled as a student and you have received an Award Notification at least two weeks prior to the date specified below. 

RHC disburses funds in two ways: Check or Direct Deposit (EFT).  Please note that effective the 2010-2011 year all disbursements will be Direct Deposit (EFT Only), checks will no longer be issued.

Please Note:  In accordance with Federal Refunds and Repayment Regulations, if you completely withdraw from classes after receiving Financial Aid Funds, you may be liable to repay all or a portion of financial aid funds received.  Failure to repay these funds will result in the loss of future Financial Aid at any institution in the United States.

•  Disbursement of financial aid funds depends on funds being made available to us by Federal and State government agencies.
   

• Debts to the College must be paid before ANY financial aid payments can be issued.  If you owe a debt to the college, your direct deposit authorization may be cancelled and payment will be issued as a check.
   

•  The College does not take responsibility for any delays in EFT payments or the issuance of checks due to technical difficulties.

Reasons Why You Might Receive A Smaller Disbursement Than Anticipated
If you are enrolled less than full-time than your financial aid award may have been prorated.  Most financial aid programs require that your award be reduced based on your enrollment status.  To determine your award based on revised enrollment status, please review your Award Notification of Financial Aid.  In most cases the 2^nd Disbursement is adjusted to accommodate the change.  A revised Award Notification of Financial Aid will be sent to you when changes are made to your award.

Disbursement Dates
If you are registered under another I.D number, notify the Office of Financial Aid immediately to prevent delay in payments.  Please make sure your SSN is correct with the Admissions and Records Office to prevent delay in payments. 

If you miss any of the first or second standard disbursement dates listed below, another disbursement date will be selected based on your method of disbursement, this is considered a “make-up” disbursement.  Make-up disbursements are processed throughout the semester.  Normally, direct deposit will always be issued first, and check disbursements will follow two weeks later while school is in session.  Financial Aid checks are only valid for six (6) months.  Voided Checks can only be reissued within the same academic school year in which they were issued.

Debts to the College must be paid before ANY financial aid payments can be issued.  If you owe a debt to the college, your direct deposit authorization may be cancelled and payment will be issued as a check.

 Standard PELL Disbursement Dates for FALL 2009:

            1^st Fall Disbursement         2^nd Fall Disbursement
EFT           9/2/2009                                  11/12/2009
CHECKS    9/14/2009                                11/18/2009

“Make-Up” PELL Disbursement Dates for FALL 2009

EFT           10/7/2009                                12/9/2009
CHECKS    10/12/2009                              12/14/2009

Loan Disbursement Dates for Fall 2009
October      5
November 10
December   7

Cal Grant Disbursement Dates for Fall 2009
EFT          10/21/2009                             
CHECKS   10/26/2009
                               

**Check back at a later date for ACG disbursement dates if applicable**

Direct Deposit
To enroll, complete the Direct Deposit EFT Authorization Form.  The authorization is valid until you cancel the agreement with RHC Office of Financial Aid.

•  Your financial aid funds are electronically deposited directly into your checking/savings account

• EFT deposit may take up to 48 hours to reflect to your account from the disbursement date specified

• Notify RHC Office of Financial Aid immediately, if your account number has been changed or closed in order to prevent delays

To Pick Up A Check
Checks must be picked up at the Grants and Loans window located outside the Administration Building, next to the Cashier’s Window.  You must show a valid California Driver’s License, a California I.D or a current Rio Hondo College I.D

The Grants and Loan window is open Monday – Thursday 9:00am -12:00pm and 1:00pm – 4:00pm.  Closed on Fridays

If you wish to pick up your check after 4:00pm, you must make an appointment no later than 10:00am of the day you wish to pick up your check by contacting the Office of Financial Aid at 562-908-3411.  Evening Disbursement pick-ups are scheduled between 4:30pm – 6:30pm only and a maximum of 10 appointments per night may be scheduled.