Refund Dates
Fall 2020 Grant & Loan Dates
Your Financial Aid file has to be complete before you can receive a refund.
Refunds are disbursed weekly (except holidays), based on when your file is completed.
Your loan has to credit your account before you can receive your refund.
This schedule is an estimate of when your funds will be sent. SPC is not responsible for any late charges or overdrafts if the refunds are not delivered on the scheduled date. We highly recommend that you wait until your funds are actually received before you begin spending them.
| TYPE OF REFUND |
FILES COMPLETED BY... |
DIRECT DEPOSIT |
| 2020FA - ALL GRANTS & LOANS | September 15, 2020 | September 21 or 22, 2020 |
| 2020FA REMAINING BALANCE | September 22, 2020 |
September 28 or 29, 2020 |
| 2020FA 30-DAY HOLD LOANS | ||
| 2020FA REMAINING BALANCE |
September 29, 2020 |
October 5 or 6, 2020 |
| 2020FA REMAINING BALANCE | October 6, 2020 |
October 12 or 13, 2020 |
| 2020FA REMAINING BALANCE | October 13, 2020 |
October 19 or 20, 2020 |
| 2020FA REMAINING BALANCE | October 20, 2020 | October 26 or 27, 2020 |
| 2020FA FALL ONLY 2ND LOAN | ||
| 2020FA REMAINING BALANCE | October 27, 2020 | November 2 or 3, 2020 |
| 2020FA REMAINING BALANCE | November 3, 2020 | November 9 or 10, 2020 |
| 2020FA REMAINING BALANCE | November 10, 2020 | November 16 or 17, 2020 |
| 2020FA REMAINING BALANCE | November 17, 2020 | November 23 or 24, 2020 |
| THANKSGIVING HOLIDAY | November 24, 2020 |
No Refunds |
| 2020FA REMAINING BALANCE | December 1, 2020 |
December 7 or 8, 2020 |
| 2020FA REMAINING BALANCE | December 8, 2020 |
December 14 or 15, 2020 |
| 2020WM Grant & Loans | December 15, 2020 | December 21 or 22, 2020 |
Spring 2021 Grant & Loan Dates
Your Financial Aid file has to be complete before you can receive a refund.
Refunds are disbursed weekly (except holidays), based on when your file is completed.
Your grant or loan must be disbursed to your account before you can receive your refund.
This schedule is an estimate of when your funds will be sent. SPC is not responsible for any late charges or overdrafts if the refunds are not delivered on the scheduled date. We highly recommend that you wait until your funds are actually received before you begin spending them.
| TYPE OF REFUND | FILES COMPLETED BY... |
REFUND PROCESS WILL BEGIN ON... |
|
2021SP ALL GRANTS & LOANS |
February 9, 2021 | Feb 11, 2021 |
| 2021SP REMAINING REFUNDS | Weekly by Tuesday afternnon | Weekly Thursday morning |
| SPRING BREAK | NO REFUNDS | NO REFUNDS |
***Refunds designated for direct deposit will be deposited into student's accounts
on the Monday or Tuesday following the Thursday refund.
*** Students receiving paper checks will need to allow approximately 10 business days
for receipt in the mail.
