Disbursements 2023-2024 - Southwestern Illinois College

Financial aid funds are posted into student accounts on Tuesdays and refunds are submitted to BankMobile on Fridays. Actual refund dates are available in the Offer Letter Guide.

Pell

Sep. 26 Fall

Feb. 20 Spring

Jun. 25 Summer

Loans

Sep. 26 Fall

Feb. 20 Spring

Fall ONLY

Sep. 26 & Oct. 31

Spring ONLY

Feb. 20 & Apr. 2

Summer
Previous Borrowers

June 25 & July 9

First Time Borrowers

July 2 & July 9

Alternative Loan **

Aug. 15 Fall

Jan. 9 Spring

May 28 Summer

**Alternative Loans: Funds From the lender must be received by the Financial Aid Office the week of disbursement.