DEPOSIT TO AN EXISTING ACCOUNT –Money is transferred to an existing account the same business day BankMobile receive funds from the school. Typically, it takes 1 – 2 business days for the receiving bank to credit the money to your account.
The mission of the Merced College Financial Aid Office is to assist in the recruitment and retention of students by providing financial resource information and access to funding.
We understand that college can be expensive and you may have questions on how to afford your education. We are committed in providing answers to those questions and providing quality customer service to meet your educational needs.
Applying for financial aid is free, and many students are surprised to find out what they're eligible to receive. Even if you do not think you are eligible, it’s still a good idea to apply — it’s the only way to you'll be considered for every type of aid possible.
For U.S. Citizens and Permanent Residents start the process of applying for aid with the Free Application for Federal Student Aid (FAFSA).
For undocumented students to apply for and receive state and institutional financial aid.
Merced College delivers your financial aid funds with BankMobile Disbursements, a technology solution, powered by BMTX, Inc.
Your choices on how to receive your refund include:
Expecting Financial Aid funds?
Simply follow these steps to make your preference selection:
- Log in to your student portal.
- Once logged in, find the useful links menu and click on the BankMobile button.
- Make your preference selection.
Your refund, if eligible, would disburse typically on the next disbursement date for that term
Is your address up to date?
Make sure your current mailing address is on file to help ensure you receive money owed to you, should you be due funds from Merced College.
When do I receive my funds?
Financial Aid Disbursements are listed under the Schedule of Payments.
What if I am Not Eligible for Financial Aid?
Don’t worry! Students who are California residents (or meeting other in-state tuition requirements), and enrolled for 12 or more Units, can still receive a tuition waiver. Merced College participates in the California Promise Program called MC4FREE.
Scholarships are sources of free money and usually not based on financial need. Instead, they may recognize your grades or test scores, athletic ability, major, special talents, or community service.