Students who are new to the LACCD will receive information by mail regarding the process to select their refund/disbursement preference. Students have two choices: have their refunds routed to a currently-open bank account, or open an account through Bank Mobile Vibe (formerly known as Higher One). Students who open a Bank Mobile Vibe account will receive a my LACCD card debit card and information on how to activate your card and account.
AB540 students who receive Cal Grants will receive their disbursements by paper check.
It is important that students update their address on file with the Admissions & Records Office, Business Office or Financial Aid Office to ensure receipt of information regarding the disbursement process.
Disbursement dates and deadlines are governed by Federal, State, District and/or Institutional regulations and policies.
Students receiving a disbursement from a federal student loan have the right to cancel their loan disbursement. Contact the Financial Aid Office at your college for details on loan disbursement cancellation.
Disbursements will be adjusted if enrollment is less than full-time. Supplemental disbursements occur throughout the academic year. Any outstanding non-mandatory institutional debts must be paid in full before we can process your disbursement, unless you have authorized the LACCD to deduct such debts from your financial aid disbursement. Disbursements for late starting classes will not be issued until the class begins. Not all disbursements will adhere to this schedule because disbursements depend upon when your award was processed and the date your classes began. Students are encouraged to logon to the Student Information System (SIS) at https://services.laccd.edu/districtsite/sis_logon.asp to view their disbursement information.