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Why is my financial aid money disbursed so late in the semester?

Why is my financial aid money disbursed so late in the semester?

Students earn financial aid--which includes educational loans--over the course of the semester. After the 60% point of the semester, all aid is considered earned. By that point all aid usually has been disbursed and any refund due to students has been placed on student accounts.  BMCC 's Business Office then cuts refund checks, which take 2-3 weeks for students to receive by mail.

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