FinancialAid_header

Book Availability
Students with Pell Grant and Repeat Loan Borrowers can use financial aid in the bookstore beginning the week before classes start. Financial aid is only available for use in the bookstore through the end of the first week of school so that refunds can be made on the below listed date. Students who are New Loan Borrowers, that do not have other types of financial aid will be responsible for paying for their own books.

Refund Dates
Students awarded financial aid after the initial date listed below will be refunded 14 business days following the award date. Loan borrowers will be refunded only after all three steps are completed for accepting loans. The steps for accepting loans are listed under the “How to Accept” tab.

 

 

Summer 2017 

Summer 1 – 12 week (June Start)

  • Pell Grant – June 16, 2017
  • Repeat Loan Borrower 1st Disbursement – June 16, 2017
  • New Loan Borrower 1st Disbursement – July 14, 2017
  • All 2nd Disbursement – July 14, 2017

Summer 1 – 6 week only (June Start)

  • Pell Grant – June 16, 2017
  • Repeat Loan Borrower 1st Disbursement – June 16, 2017
  • Repeat Loan Borrower 2nd Disbursement – June 30, 2017
  • New Loan Borrower 1st & 2nd Disbursement – July 14, 2017

Summer 2 (July Start)

  • Pell Grant – July 21, 2017
  • Repeat Loan Borrower 1st Disbursement- July 21, 2017
  • Repeat Loan Borrower 2nd Disbursement – August 4, 2017
  • New Borrower Disbursement – August 18, 2017
Fall 2017 
  • Pell Grant – September 8, 2017
  • Repeat Loan Borrower – September 8, 2017
  • New Loan Borrower – October 6, 2017

Fall 2017 – 12wk (starting September 25)

  • Pell – October 6, 2017
  • Repeat Loan Borrower – October 6, 2017
  • New Loan Borrower 1st Disbursement – November 3, 2017

Fall 2017 – 8wk (starting October 23)

  • Pell – November 3, 2017
  • Repeat Loan Borrower 1st Disbursement – November 3, 2017
  • New Loan Borrower 1st Disbursement – December 1, 2017
2017 Police Academy

Fall Day Academy

  • Pell Refund – September 1, 2017
  • Repeat Borrower 1st Disbursement – September 1, 2017
  • New Borrower 1st Disbursement – September 29, 2017
  • New and Repeat 2nd Disbursement – October 27, 2017

Fall Night Academy

  • Pell Refund – September 1, 2017
  • Repeat Borrower 1st Disbursement – September 1, 2017
  • New Borrower 1st Disbursement – September 29, 2017
  • Pell, New and Repeat Borrower 2nd Disbursement – January 12, 2018
Spring 2018 

Refund Policy

Navarro College disburses all financial aid balances, including Stafford Loans, through Bank Mobile. First time students above the age of 16 will receive the Refund Selection Kit in the mail at the mailing address on file with the Admissions and Records office. This kit allows students to select the method to receive their refund for both financial aid or course refunds. Students will continue to receive disbursements in future semesters through the method they select. Visit www.refundselection.com for more information.

Police academy students from all campuses receive all refunds via checks made through the Corsicana business office on the listed refund date.

Please note, WebAdvisor balances are adjusted for current student enrollment status.  If you are less than full time (12 hours) your Pell Grant refund is reduced to less than your total award. For more information regarding how the pell grant amounts are affected by enrollment, please see our Grants page.

If a student receives a refund for a semester and then withdraws or is dropped from all courses the student will be responsible for repaying some or all money received and/or used. The amount that the student is responsible for repaying will be determined based on the time at which the student withdraws from the semester. Any funds owed to Navarro College or the Department of Education must be repaid before the student will be able to re-enroll, request transcripts, or be eligible for additional financial aid.

 

Disbursement Information 

  • Financial aid will be disbursed based on the number of active courses at the time. This means that students may have multiple disbursements during the semester. Students with multiple start dates must have all tuition for the semester paid before refunds are processed.
  • Classes that start after the beginning of the regular term will be paid ten days prior to the beginning of that class.
  • Students who enroll in a non-standard term class (ex. 12 or 8 week) after their aid has been fully disbursed will be responsible for payment of the tuition of the class.
  • Federal loans require at least half-time enrollment (6 hours). Disbursement date(s) will be based on the term in which you begin your 6th credit hour.