Fall 2023
- August 16, 2023 – 1st disbursement 50% (For students with Satisfactory Academic Progress of ELIGA, ELIGB, or ELIGC)
- September 7, 2023- Make-up first disbursement
- September 21, 2023 – 2nd disbursement 25%
- October 19, 2023 – 3rd disbursement 25%
- December 14, 2023 – Make-up disbursement
Spring 2024
- January 25, 2024 – 1st disbursement 50%
- February 8, 2024 – Make-up first disbursement
- February 29, 2024 – 2nd disbursement 25%
- March 22, 2024 3rd disbursement 25%
- April 25, 2024 – Make-up disbursement
- May 9, 2024 – Final Make-up disbursement
Summer 2024 (Estimated Dates)
- May 24, 2024 – 1st disbursement
- June 20, 2024 – Make-up first disbursement
- July 29, 2024 – 2nd and Final disbursement
Cal Grant will be paid in two disbursements per year. Half of the award during Fall and the remaining half during Spring
Fall 2023
- September 21, 2023 – Regular disbursement (Pending funds)
- November 9, 2023 – Make-up disbursement (Pending funds)
Spring 2024
- March 21, 2024 – Regular disbursement (Pending funds)
- May 16, 2024 – Make-up disbursement (Pending funds)
Units | Eligibility |
0-5.5 units (Less than Half-time) | Not Eligible |
6-8.5 units (Half-Time) | 50% |
9-11.5 units (Three Quarter-Time) | 75% |
12+ units (Full time) | 100% |
*Eligibility is based on enrolled units at the time of disbursement preparation. Late start classes do not count until the class begins. |
Loans will be paid in two disbursements per semester.
Fall 2023
- October 10, 2023 1st disbursement 50%
- October 31, 2023 2nd disbursement 50%
- October 31, 2023 2nd disbursement 50% Delayed-Due to the unforeseen circumstances of the Cyber Breach. We are working diligently to process the Loans as soon as possible. We apologize for the inconvenience.
Spring 2024
- March 14, 2024 1st disbursement 50%
- May 2, 2024 2nd disbursement 50%
Before receiving a disbursement, you must have a completed file and do the following:
- You must ensure that all requirements have a Satisfied (S) Status showing on AccessRIO
- You must enroll and take part in classes
- You must meet Satisfactory Academic Progress standards
Awards are posted on AccessRIO. You will receive a disbursement notification email via RioMail.
The disbursement amount is based upon the number of units that you are currently registered and attending. If you drop units, your disbursement amounts may be affected.
All disbursements are credited to your student account first to cover any tuition you still owe. Any remaining amount is disbursed to the account you have selected as your refund preference.
Rio Hondo delivers your refund with BankMobile Disbursements, a technology solution, powered by BMTX, Inc. Visit this link for more information: https://disbursements.bmtx.com/refundchoicessso/.
Third-Party Servicer Contract for Refund Management
For more information about BankMobile, visit this link: http://bankmobiledisbursements.com/refundchoices/
First funds from your grant or loan are applied to your student account. Then RHC verifies the information. Finally, it is sent electronically to BankMobile. It is then processed by BankMobile and disbursed according to your refund preference.
BankMobile sends you an email to the address you entered when you selected your refund preference to let you know when the funds are disbursed.