Disbursements

DisbursementsFinancial Aid

Getting Money

Any amount of money remaining from grants, loans, outside scholarships, or certain Midland College scholarships, after institutional charges have been paid, will be disbursed to students in one of three ways:
 
  1. The student's personal bank account designated in My MC Portal.

  2. A Herring Bank account that students can apply for through My MC Portal.

  3. A paper check, if neither of the first two options are feasible. Be aware that additional information may be required for this option, and could result in delays if the check has to be mailed.

Disbursement Dates

Academic Year 2021-22

Fall 2021

September22, October 6, October 20, November 3, November 9, November 17, December 1

Spring 2022

February 16, March 2, March 23, April 6, April 12, April 20, May 4

Summer 2022

May 31, June 21, July 7, July 21, July 27, August 10

The refund dates listed above are for the traditional terms that Midland College offers. If you are in an interim or flex class, the refund dates will vary, depending on the census date. 

If your FAFSA or Midland College Direct Loan Application has not been submitted at least four to six weeks prior to the disbursement dates, you should expect to receive your refund at a later time. Midland College normally releases funds approximately every two weeks. If you have questions, contact the Financial Aid Office.

Students that do not stay enrolled in classes may be required to pay back funds disbursed. For information, view Midland College's Return to Title IV (RTT4) policy at:

RTT4 Policy

Important Notices

  • Most of our general scholarships pay towards tuition, fees and books only.
  • Any money not used is returned to the scholarship fund for other students.

Questions?

Financial Aid Office

(432) 685-5511
finaid@midland.edu

 

 

 

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