Students at Cloud County Community College have the opportunity to apply for financial aid from the following Federal Programs: Pell Grant, SEOG, Work-Study, Federal Direct Loans and Parent PLUS Loans.
Any student with a current federal loan default will not be awarded Federal Student Aid.
Disbursement of financial aid funds will be processed and applied to student accounts for all students who have a completed financial aid file and all direct loan paperwork completed.
Cloud County Community College defines disbursement as the payment of Title IV funds by crediting a student’s account.
Refund day is defined as when the refund is available to the student either by check or by direct deposit. Refunds as a result of a Parent PLUS loan will be mailed directly to the parent.
Financial Aid will be applied to the student account in the following order:
- Institutional and Outside Scholarships
- Federal SEOG
- Federal Pell Grant
- Federal Direct Stafford Loans
- Parent PLUS Loan
If the amount of financial aid applied to a student account exceeds the student’s semester charges, a refund will be issued to the student.
Financial Aid Refund Dates for the 2015-2016 school year include, but are not limited to the following.
Fall 2015 Refund Dates ~ 08/25/2015 through 12/17/2015
- Friday ~ 10/09/2015 ~ 16-week classes, 1st 8-week classes
- Friday ~ 10/09/2015 ~ Single Term 1st Disbursement
- Friday ~ 10/30/2015 ~ Single Term 2nd Disbursement
- Friday ~ 11/20/2015 ~ 2nd 8-week classes
Spring 2016 Refund Dates ~ 01/20/2016 through 05/12/2016
- Friday ~ 03/04/2016 ~ 16-week classes, 1st 8-week classes
- Friday ~ 03/04/2016 ~ Single Term 1st Disbursement
- Thursday ~ 03/24/2016 ~ Single Term 2nd Disbursement
- Friday ~ 4/22/2016 ~ 2nd 8-week classes
Cloud County Community College will not hold credit balances to pay for a subsequent semester. All students who have a credit balance will be issued a refund either by check or through Direct Deposit and will be available on the refund day.
Students who are issued a refund check may pick up their checks in the business office prior to 4:00 pm on the scheduled refund day. After 4:00 pm all refund checks will be mailed to the student’s legal home permanent address.
Students who have completed the Direct Deposit / EFT Authorization form will have refunds directly deposited to the student’s designated account on the scheduled refund day.
The Financial Aid office will send students notification of the amount of Title IV aid disbursed to student accounts. This notification will include information regarding the student’s right to reduce or cancel any portion of their student loan.
All Title IV funds the business office or payroll office is unable to deliver to student or parent PLUS borrowers will be returned to the appropriate Title IV program account. Before returning any undeliverable funds, the business office or payroll office will attempt to locate and contact the student or the parent PLUS borrower to negotiate the check. The business office will notify the financial aid office regarding any undeliverable funds returned to a Title IV program account.