Refunds and Disbursements
How to Select a Refund Preference
After registering in at least one course at Sierra College, you will receive a Refund Selection Kit in the mail from the District’s refund processor, BankMobile. You will also receive an e-mail from BankMobile in your Sierra College email account with instructions on how to select a refund preference. Follow the 3-steps to “Get Started” on BankMobile.
View our institution’s contract with BankMobile, a division of Customers Bank. For additional help, contact the Cashier’s Office.
Financial Aid-Related Refund Preference
Financial Aid (grants, federal student loans, and scholarships) will be used to pay for any fees, such as enrollment and health fees. If your financial aid is more than the total amount of fees, you will be refunded the difference. To receive the refund, please select a refund preference with BankMobile.
For more information about BankMobile and timing, visit Bank Mobile’s Refund Choices. View our institution’s contract with BankMobile, a division of Customers Bank.
For additional help, contact the Cashier’s Office.
What is a Disbursement?
Disbursement is when Financial Aid orders funds for eligible students. View Refund and Financial Aid Disbursement Dates.
Watch a video on how BankMobile disbursement works.
To be eligible, you must:
- Be enrolled in classes
- Have turned in all requested financial aid documents so your file can be verified
- Resolve any problems that we’ve e-mailed you about or that appear on mySierra
All other financial aid (scholarships from high schools and other organizations, Chafee Grants, Cal Grants, etc.) will be available when we receive the money from the State of California or the appropriate agency.
Refund and Financial Aid Disbursement Dates
You will receive your money based on the refund preference you selected with the District’s refund processor, BankMobile. For more information on timing, visit BankMobile’s Refund Choices.
Refund dates for each semester follow the Financial Aid disbursement schedule:
- February 6, 2023 – First disbursement of the spring term
- February 13, 2023
- February 21, 2023
- Tuesday, March 6, 2023
- March 13, 2023
- March 20, 2023
- April 10, 2023
- April 17, 2023
- April 24, 2023
- May 1, 2023
- May 15, 2023 – Last disbursement for spring term until grades are posted
- June 20, 2023 – First disbursement of the summer term
- June 26, 2023
- July 10, 2023
- July 31, 2023 – Last disbursement for summer term until grades are posted
Note: The refund and financial aid disbursement dates can also be found and saved to your personal calendar using our Financial Aid Dates and Deadlines events calendar.
Find useful information about tuition costs and fees and an estimate of how much Sierra College will cost you.