Aid Disbursements Refunds

Aid Disbursements Refunds

Disbursement of Aid

Federal grants, loans, and institutional grants and scholarships are posted directly to students' ledger accounts at WCU. Award amounts are generally disbursed equally over all payment periods in an academic year, with disbursements scheduled for the 1st week of each semester or trimester. (Note that undergraduate semesters are made up of two ten-week modules or terms, and for these programs, federal , state, and institutional grants and loans will be disbursed during the first week of each twenty-week semester in which the student qualifies for aid).

All awards are reviewed for accuracy prior to disbursement. Disbursement of aid will be delayed if the student's financial aid file is incomplete, has unresolved conflicting eligibility data, or if the student's attendance in class has not been appropriately documented.

Federal Work Study wages are paid bi-weekly directly to students based on hours worked and are not deducted from the student's tuition bill.

California state grants are disbursed onto student accounts as funds are approved by the California Student Aid Commission and received by the school.

Chapter 31 and Chapter 33 veteran's education benefits are paid directly to the University by Veteran's Administration based on enrollment certifications processed by the campus Financial Aid Office each term.

Right to Cancel Federal Loans

Student and parent borrowers have the right to cancel the entire loan or any portion (a specific disbursement) of any federal direct loan. Requests to cancel a specific loan disbursement may be submitted prior to the date of crediting to your account or within 14 days from the date you receive official notification from WCU that loan funds have credited to your account. Official notification will be posted to the student's secure online student portal, or in the case of a parent loan, mailed directly to the parent's address.

To request cancellation of a loan disbursement, please contact the Financial Aid Office. No interest will be charged and loan fees will be returned to the loan holder.

Repayment AFTER the Designated Time Period

You cannot cancel your loan disbursement if the designated time period described above has already passed. Instead, you can repay the loan disbursement directly by contacting the loan holder. The borrower will be responsible for any interest that may have accrued and/or any loan fees.

Financial Aid Credit Balance Refunds

Financial aid awards are applied first to tuition, fees, required supplies, and any books purchased using an MBS voucher. If the total of federal funds exceed charges for the term, a refund check will be sent to your, (or your parent's, in the case of a parent PLUS loan) official mailing address, unless you have provided written authorization for WCU to retain the funds for your next term. WCU provides an Authorization to Retain Funds form that can be used to communicate this preference. Authorizations may be granted or rescinded at any time during your program by completing a new form or otherwise providing written instructions to the Financial Aid Office.

Credit balance refunds due from an excess of aid will not be processed until charges are posted at the end of the second week of the term, and sufficient aid awards have been applied to create a credit balance. Students expecting a refund check to cover living expenses should have at least one month's worth of living expenses available prior to the start of classes to cover expenses until the refund check arrives by mail.

Electronic Stipends

West Coast University has partnered with BankMobile to deliver your financial aid refund (stipends). For more information about BankMobile, visit this link:

To view our institution’s contract with BankMobile, a Division of Customers Bank, click here.

There are multiple ways to receive your financial aid stipends. You are not obligated to receive your funds electronically, however, we encourage all students to do so to ensure fast and secure access to your financial aid funds. If you do not select either of the direct deposit options, you will receive your funds via a paper check mailed to your address on record with the University.

Want more Information about a program?

Please correct error(s) below

By checking the box above and clicking below, I consent to receive calls and/or text messages* by a university representative with information for educational opportunities at the number(s) provided above. I understand calls may be initiated by an automated telephone dialing system. I need not grant consent to receive information or to be eligible to enroll with WCU. Text STOP to STOP and HELP to HELP. Message frequency: max of 14 msgs/month. *Message and data rates may apply.

Consumer Notice


Personal Information you submit through our Sites, such as your name, address and other contact information, may be collected by West Coast University for internal marketing and development purposes as well as to respond to your inquiry, complete a transaction for you, or fulfill other forms of customer service. You can choose not to receive marketing from us by "unsubscribing" using the instructions in any marketing email you receive from us.

Click here to learn more.

Don’t miss out! Do you want to receive text messages from WCU?

Yes No
Request Information
Scroll to the top