Federal and state financial aid and scholarships are disbursed once a week throughout each semester, after the primary disbursements in August and January. Your eligibility and award are based in part on the housing status and enrollment status shown on your award letter. Dates and deadlines may vary for Extended Education. The financial aid disbursement policy that is applied to all students receiving financial aid for every term of the academic year. January. In the event a student withdraws from a course prior to the Financial Aid Freeze Date, the award will be recalculated and the student may owe a repayment. At the time of disbursement, the aid will apply to the registration fees and debts before any balance is given to you. For dates specific to your Extended Ed program, email ee_financialaid@csumb.edu. The rights and responsibilities for students receiving financial aid and the criteria for continued eligibility. Actual pay amounts may reflect the deduction of outstanding financial obligations of fees, housing, short-term loans, etc. Financial Aid Office. You can expect your file to be updated 8-10 weeks from the date you submitted all required documents to the Financial Aid Office. For students whose financial aid files are not complete at the beginning of the semester or were awarded later in the award year, payments will be issued on subsequent disbursement dates. The Satisfactory Academic Progress (SAP) standards that measure academic progress towards a degree. January 5th: Payment deadline for the Spring 2021 Financial Aid disbursement and refunds via direct deposit; There is still time to complete your FAFSA or Dream Act Application to receive Financial Aid for 2021-2022 Financial aid awards are based on the student's enrollment at the time of disbursement. Financial aid stipends are not generated until the instructors have completed their attendance verifications. Disbursement Dates. Student Service Center Lassen Hall (916) 278-1000 Financial Aid Website. The amount shown on your disbursement schedule represents the total financial aid paid to you. If there is a credit balance remaining on a student’s account after all obligations are paid, a financial aid stipend will be generated. California State University, Bakersfield Office of Financial Aid & Scholarships 48 SA 9001 Stockdale Highway Bakersfield, CA 93311-1022 Phone: (661) 654-3016 ^ Back to top. If you have been awarded financial aid and have completed the required documentation, your aid may begin to disburse the week before the first day of instruction. Disbursements & Direct Deposit (eRefund) Disbursements. In the event of a delay in disbursement, these dates may vary. ***Financial aid awards are based on the student's enrollment at the time of disbursement. Financial Aid Stipends. 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