Disbursement Information
Financial Aid Disbursement
Grant Funds & Financial Aid Award Information
Grant Funds
All Grant funds will be posted to your account for use against tuition and book charges.
Award Notifications
Financial aid award packages are e-mailed to those students whose files are complete by the priority date.
Award Conditions and Responsibilities
All awards are based on your continued progress in your program of study. Be sure to read the emails for conditions attached to your award. Every student must maintain attendance and grades. The student’s GPA should be above 2.0. Aid will be suspended for lack of satisfactory academic progress.
YOU MUST ATTEND ALL OF YOUR CLASSES TO BE ELIGIBLE FOR FUNDS FROM FEDERAL GRANTS! YOU MUST DROP YOUR CLASSES PRIOR TO THE FIRST DAY OF CLASS IF YOU CHOOSE NOT TO ATTEND OR YOU WILL BE RESPONSIBLE FOR PAYING TUITION.
Financial Aid Disbursement
Financial aid is awarded by the Financial Aid Office and disbursed by the CPU Business Office. If your aid exceeds tuition and fees, the remaining balance will be issued via direct deposit. For students outside the U.S.A., funds will be sent by international wire transfer. If neither method is available, a check may be issued. All checks are valid for 6 months from the issue date. If not cashed within that period, the check becomes stale and the funds will be returned to the original funding agency, such as FSA or Cal Grant, in accordance with regulations. If you have any questions, please stop by the campus.
| Enrollment Status | Credit Hours | Award Percentage |
|---|---|---|
| Less than half time | 1-5 hours | 25% |
| Half time | 6-8 hours | 50% |
| Three quarter time | 9-11 hours | 75% |
| Full time | 12+ hours | 100% |