DisbursementsFinancial Aid

Credit Balance (Refunds)

Any amount of money remaining from grants, loans, outside scholarships, or certain Midland College scholarships, after institutional charges have been paid, will be disbursed to students in one of three ways:
 
  1. The student's personal bank account designated in My MC Portal (notification to student email via Premier Pay).

  2. Apply for a Herring Bank checking account that students can apply for through My MC Portal.

  3. If neither of the first two options are feasible, you may receive your credit balance in the form of a paper check (notification to student email via MC Cashier when check is ready for pick up).

Disbursement Dates

Academic Year 2024-25

Fall 2024

September 25, October 9, October 23, November 12, November 26, December 10, January 3

Spring 2025

February 12, February 26, March 19, April 7, April 23, May 7

Summer 2025

May 27, June 18, July 2, July 29, August 13

The disbursement dates listed above are for the traditional terms that Midland College offers. If you are in an interim or flex class, the refund dates will vary, depending on the census date. 

If your FAFSA or Midland College Direct Loan Application has not been submitted at least four to six weeks prior to the disbursement dates, you should expect to receive your refund at a later time. Midland College normally releases funds approximately every two weeks. If you have questions, contact the Financial Aid Office.

Students that do not stay enrolled in classes may be required to pay back funds disbursed. For information, view Midland College's Return to Title IV (RTT4) policy at:

RTT4 Policy

 

Important Notices

  • Most of our general scholarships pay towards tuition, fees and books only.
  • Any money not used is returned to the scholarship fund for other students.

Questions?

Financial Aid Office

(432) 685-5511
finaid@midland.edu

 

 

 

Apply to MC Now

Thank you for choosing Midland College! If you are here to collect a few credits, take courses to transfer, or here to start a new career, we welcome you.

How to Apply