Beginning with the Winter 2024 semester, Bay College will no longer split your federal financial aid into four equal disbursements.

Your financial aid will be disbursed based on the schedule listed below. Please note that students who are only borrowing a federal student loan for one semester are required to have their funds disbursements in two portions.

Financial aid will first be applied toward the charges on your account, which may include tuition, fees, books, meal plans and/or housing. Any remaining funds will be sent to you either via direct deposit or a check to your home address within 14 days of the disbursement date.

Important: Any student who drops, withdraws, or stops attending classes may not be eligible for disbursements from federal financial aid and may be liable to repay all or part of the financial aid funds received. It is the student’s responsibility to discuss any potential effect on financial aid eligibility before dropping or withdrawing from courses.

Summer 2024 Full and 6A Semester Disbursement Schedule

*If you are eligible for an overage check, it will be processed within 14 days of this date.

Summer 2024 6B Semester Disbursement Schedule

*If you are eligible for an overage check, it will be processed within 14 days of this date.

Winter 2024 Disbursement Schedule

*If you are eligible for an overage check, it will be processed within 14 days of this date.

Fall 2023 Disbursement Schedule

*If you are eligible for an overage check, it will be processed within 14 days of this date.