Financial Aid

FA Payment Dates

Please read the FA Payment Information page for IMPORTANT information about how financial aid is paid at NVC.

2013-2014 Financial Aid Payment Dates* 

*Non-Standard and Clock Hour Program disbursement dates are dependent upon program specific criteria and
  may not be the same as standard semester-based programs.  Direct Loan borrowers must check their loan
  disclosure letter to determine the expected date of payment.

Disbursement Date    

Disbursement Type
FALL 2013

Students who drop classes before census, withdraw from all classes, or who stop attending all classes and receive all failing grades may be required to repay some or all of the funds they received for the semester.

 August 21, 2013

  • 50% Pell Grant

 September 6, 2013

  • 50% Pell Grant (unpaid new awards only)

 September 20, 2013

  • 50% Pell Grant (unpaid new awards only)
  • Direct Loan

 October 11, 2013

  • 100% Pell Grant -- All Pell awards are recalculated for the
    semester based on enrollment at census. Students who received
    a prior payment for the semester greater than their recalculated
    award will owe money back to NVC for the overpayment. 
  • Direct Loan
  • All Other Grant Awards

 November 15, 2013

  • New Grant Awards
  • Direct Loan

December 13, 2013

  • New Grant Awards
  • Direct Loan
SPRING 2014

Students who drop classes before census, withdraw from all classes, or who stop attending all classes and receive all failing grades may be required to repay some or all of the funds they received for the semester.

January 24, 2014

  • 50% Pell Grant

February 7, 2014

  • 50% Pell Grant (unpaid new awards only)

February 21, 2014

  • 50% Pell Grant (unpaid new awards only)
  • Direct Loan

March 14, 2014

  • 100% Pell Grant -- All Pell awards are recalculated for the
    semester based on enrollment at census. Students who received
    a prior payment for the semester greater than their recalculated
    award will owe money back to NVC for the overpayment.
  • Direct Loan
  • All Other Grant Awards

April 25, 2014

  • New Grant Awards
  • Direct Loan
  • Fall 2013 Retroactive Payments (Pell and/or Cal Grant ONLY)

May 23, 2014

  • New Grant Awards
  • Direct Loan
  • Fall 2013 Retroactive Payments (Pell and/or Cal Grant ONLY)
SUMMER 2014

Students who drop classes before census, withdraw from all classes, or who stop attending all classes and receive all failing grades may be required to repay some or all of the funds they received for the semester.

June 18, 2014

  • Pell Grant -- 100% of Summer award. Students who drop units
    after payment may be required to repay some or all of the funds
    received.

June 30, 2014

  • New Pell Grant Awards
  • Direct Loan
  • Fall 2013 Retroactive Payments (Pell and/or Cal Grant ONLY)
  • Spring 2014 Retroactive Payments (Pell and/or Cal Grant ONLY)