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Disbursement Schedule for Financial Aid Refunds

Disbursement Schedule for Financial Aid Refunds

The Offices of Financial Aid and Student Accounts are currently working diligently to process the disbursement of financial aid funds. Below is the schedule for the fall 2021 semester. Also, listed below are the refund procedures posted on the website at https://www.solacc.edu/students/paying-for-college/student-accounts/refunds.

Financial Aid Certification Day (Disbursement)

  • Beginning September 7, 2021

Student Accounts Refund Processing

  • Beginning September 21, 2021

All refunds are issued to students through BankMobile Disbursements, a technology solution, powered by BMTX, Inc. Please visit http://bankmobiledisbursements.com/refundchoicessso/ for further information.

To view our required disclosures and contract with BankMobile, a Division of Customer Bank, click here.

Financial aid is disbursed onto the student account at a date determined by the Financial Aid Department each semester. Refunds of financial aid are transferred to BankMobile usually within 14 days following the disbursement date. Funds are available to students depending on the selected refund preference selected with BankMobile. Refunds will be delayed if no refund option is chosen with BankMobile.

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