Disbursing of Funds

Pierpont begins disbursing awards 15 business days after the start of the semester. All awards are credited to the student’s school account to pay tuition and fees, room and board, and other authorized charges. If the disbursement amount exceeds school charges, the remaining balance is issued as a refund and checks are mailed to students’ mailing address or a direct deposit is made. If a student is enrolled in the two parts of term, disbursement may be split into two disbursements to more evenly distribute the aid.