Schedule of Payments
New for 2024-2025!
Pell Enrollment Intensity
Pell Grant payments will be based on Unit Level
Enrollment intensity is the percentage of full-time enrollment at which a student is enrolled, rounded to the nearest whole percent. For example, if full-time enrollment is 12 credit hours and the student is enrolled in 7 credit hours, the enrollment intensity would be 7 ÷ 12 × 100% = 58.3% (round to 58%).
|
Credit Hours |
Enrollment Intensity Formula |
Enrollment Intensity |
Enrollment Status Equivalent |
|---|---|---|---|
|
12 (or more) |
12 ÷ 12 = 1.0 |
100% |
Full-Time |
|
11 |
11 ÷ 12 = 0.917 |
92% |
Three-Quarter Time |
|
10 |
10 ÷ 12 = 0.833 |
83% |
Three-Quarter Time |
|
9 |
9 ÷ 12 = 0.75 |
75% |
Three-Quarter Time |
|
8 |
8 ÷ 12 = 0.667 |
67% |
Half-Time |
|
7 |
7 ÷ 12 = 0.583 |
58% |
Half-Time |
|
6 |
6 ÷ 12 = 0.50 |
50% |
Half-Time |
|
5 |
5 ÷ 12 = 0.417 |
42% |
Less-than-Half-Time |
|
4 |
4 ÷ 12 = 0.333 |
33% |
Less-than-Half-Time |
|
3 |
3 ÷ 12 = 0.25 |
25% |
Less-than-Half-Time |
|
2 |
2 ÷ 12 = .0167 |
17% |
Less-than-Half-Time |
|
1 |
1 ÷ 12 = 0.083 |
8% |
Less-than-Half-Time |
Enrollment Status
SEOG, Cal Grant, and other state grants are prorated based on a student’s enrollment status per term.
| Enrollment Status per Term | ||
| Full Time | 12 Units | 100% |
| Three Quarter Time | 9 – 11.99 Units | 75% |
| Half Time | 6 – 8.99 Units | 50% |
Academic Year 2024-2025 Schedule of Payments
| Disbursement | Funds | Portion | Date |
| First Schedule Disbursement | Pell | Half | Aug 15, 2024 |
| Supplemental Disbursement *If you did not receive the previous disbursement. |
Pell | Half | Aug 29, 2024 |
| Supplemental Disbursement *If you did not receive either of the previous disbursements. |
Pell | Half | Sep 12, 2024 |
| Cal Grant | All | ||
| Supplemental Disbursement *If you did not receive either of the previous disbursements. |
Pell | Half | Sep 26, 2024 |
| Cal Grant | All | ||
| Supplemental Disbursement *If you did not receive either of the previous disbursements. |
Pell | Half | OCT 10, 2024 |
| Cal Grant | All | ||
| Supplemental Disbursement (2nd Half of Pell if 1st Half Received) *If you did not receive either of the previous disbursements. |
Pell | All* | OCT 31, 2024 |
| SEOG | All | ||
| EOPS | All | ||
| Cal Grant | All | ||
| Corrections *If you did not receive any of the previous disbursements. |
All | All | Nov 21, 2024 |
| Corrections *If you did not receive any of the previous disbursements. |
All | All | Dec 12, 2024 |
| Disbursement | Funds | Portion | Date |
| First Schedule Disbursement | Pell | Half | Jan 16, 2025 |
| Supplemental Disbursement *If you did not receive the previous disbursement. |
Pell | Half | Jan 30, 2025 |
| Supplemental Disbursement *If you did not receive either of the previous disbursements. |
Pell | Half | Feb 13, 2025 |
| Cal Grant | All | ||
| SSCG | All | ||
| Supplemental Disbursement *If you did not receive either of the previous disbursements. |
Pell | Half | Feb 27, 2025 |
| Cal Grant | All | ||
| SSCG | All | ||
| Supplemental Disbursement *If you did not receive either of the previous disbursements. |
Pell | Half | Mar 13, 2025 |
| Cal Grant | All | ||
| SSCG | All | ||
| Second Schedule Disbursement |
Pell | All | April 17, 2025 |
| SEOG | All | ||
| EOPS | All | ||
| Cal Grant | All | ||
| SSCG | All | ||
| Corrections *If you did not receive any of the previous disbursements. |
All | All | May 15, 2025 |
| Disbursement | Funds | Portion | Date |
| First Disbursement 4 week classes | Pell | All | June 5, 2025 |
| Supplemental Disbursement | Pell | All | July 3, 2025 |
| Corrections | Pell | All | July 17, 2025 |
| Important Dates to Remember | |
| June 5, 2024 | First day to submit appeals for 24-25 Financial Aid. |
| June 30, 2024 | Last day to submit the 23-24 FAFSA/DreamAct |
| July 14, 2024 | Deadline to complete 23-24 Verification |
| August 4, 2024 | Deadline for Summer 2024 Financial Aid Appeals. |
| September 2, 2024 | Second chance postmark deadline for Cal Grants for community college students only. Both the 2024-2025 FAFSA/DreamAct and the GPA Verification Form must be postmarked by this date. |
| November 17, 2024 | Deadline for Fall 2024 Financial Aid Appeals
Last Day to Submit a Fall Only Student Loan Application |
| December 1, 2024 | Fafsa/Dream Act Application Opens- Subject to Change |
| February 17, 2025 | The Merced College Foundation Scholarship application becomes available online.-Subject to Change |
| March 2, 2025 | FAFSA or CADAA postmark deadline for consideration for Cal Grants |
| March 31, 2025 | The Merced College Foundation Scholarship application becomes available online.-Subject to Change |
| May 4, 2025 | Deadline for Spring 2024 Financial Aid Appeals.
Last Day to Submit a Student Loan Application |