Financial aid is paid (disbursed) to students account after the Accelerated 3 courses begin each term. These dates fluctuate each term and can always be found in the Academic Calendar . Read the information on this page carefully to find out how and when different types of financial aid are disbursed and what you must do to receive your funds. Chesapeake College disburses all federal, state, institutional and private after all instructors have verified their class rosters, typically no later than the sixth week of class.
Tuition and Fees
All financial assistance received is first applied against your unpaid tuition and fees for the current semester. The credit is made on your account after the drop/add period has concluded. Award amounts for scholarships and grants are adjusted to reflect your actual enrollment as changes occur. If you are not eligible for financial aid based on your actual enrollment and/or eligibility, you must pay all tuition and fees owed. If your total financial aid is not enough to pay your tuition and fees, you must pay the balance by the DUE DATE on your bill.
Please note that audited courses are not eligible for payment by any financial aid programs.
Books and Supplies
Eligible enrolled students whose grant and/or scholarship funds exceed their charges may be eligible to use a Book Credit to charge their books against their pending aid. The funds will be available for use no later than three weeks prior to the start of each term.
Refunds
If your total financial aid exceeds your tuition, fee and book charges, you will receive the balance of your financial aid in the form of a refund check, typically no later than the ninth week of class. You may use these funds to help you pay other education costs such as childcare and transportation. Refund checks will be cut and mailed to the address on file within 10 days of disbursement.
Student Employment
Students who have applied for and are accepted into a Federal Work-Study job earn their Federal Work-Study funds by working in positions with eligible employers. Wages are typically paid bi-weekly through the employer's payroll system.