back to web version
HACC's print sized logo

Refund Timeline

Refund Timeline and Details

What happens if I stop attending or withdraw from a class?

Did you know you may owe funds back to the Federal Government, even if you already received a refund? The Government may recalculate your financial aid due to class withdrawal or lack of class attendance. This could result in a balance due to HACC. You may experience financial holds if you owe a balance to HACC. These holds can prevent you from:

  • Registering for classes
  • Receiving your grades
  • Getting copies of your transcript
When will I receive my financial aid refund?
Spring 2026
When Classes StartREFUND RECEIVED BY:
Classes that start the week of January 21, 2026 (POT 1 & 2) ** February 4, 2026
Classes that start the week of February 3, 2026 (POT L) ** February 17, 2026
Classes that start the week of March 16, 2026 (POT 3) ** March 30, 2026

**HACC must verify your enrollment before we apply your financial award to your bill. Federal student loans will pay after students’ attendance is confirmed in the 6th eligible credit** 

*** Federal regulation requires a 30-day disbursement delay for first-time, first-year borrowers of Direct Subsidized and Direct Unsubsidized loans.

Important Notice About Pennsylvania State Grant Disbursement

The 2025-26 Commonwealth of PA budget was signed into law on Nov. 12, 2025. PHEAA will resume awarding PA State Grant activities for the 2025-26 academic year and will look to initiate disbursements to colleges by mid-December. Eligible students should expect to receive fall awards in the spring.

Please note that State Grant awards are estimates until eligibility is confirmed after your attendance is verified in all semester classes.

Pennsylvania State Grant funds are not guaranteed and are based on PHEAA’s guidelines. Due to this, students should not calculate estimated PA State Grant awards when budgeting their financial aid.

For more information about the PA State Grant, please click here.

For more information, contact the Financial Aid Office.

* Students receiving a loan for only one semester will receive two disbursements of loans at 50% each.

** Please do not contact HACC prior to date(s) noted above to ask about your financial aid refund. This slows the refund process.**

If you have questions about your refund preference, or need assistance with activating your BankMobile account, please contact the Bursar’s office at cashiering@hacc.edu.

How can I check my refund status with BankMobile Disbursements?

You can sign up for mobile text alerts to notify you when HACC disperses your refund. BMTX, Inc. will use your selected refund preference to disperse your refund.

What is the refund process?
  • You may see your financial aid and refund disbursement transactions on your HACC account. This does not guarantee the refund process is complete.
  • HACC’s Student Accounts office processes financial transactions behind the scenes. We generate the refund file to send to BMTX, Inc.
  • If you choose to have your financial aid refund deposited to an existing bank account, it may take an additional one-two business days for the receiving bank to credit the money to your account. If you open a BankMobile Vibe checking account (upon identity verification), money is deposited the same business day BMTX, Inc. receives funds from your school.