[Oasfaa] Disbursement of Pell at 60% Point?

[mmccoin at tulsacc.edu]

Good afternoon,

I came across an institution that does not disburse Pell grants until the 
60% point in the payment period (term) has been completed. I hadn't heard 
of this type of disbursement scheduling previously. 

I couldn't find any regulatory guidance as to making this type of 
disbursement scheduling in violation of a regulation. I'm clearly not 
advocating this methodology, but I was curious to see if members have ever 
heard of this approach? 

Thanks for your help. 

Matt McCoin, M.S. Ed. 
Interim Financial Aid Director
ERP Manager
Tulsa Community College
[O] 918.595.7957
[M] 918.606.9619


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