Types of Aid
Please note that the Financial Aid Office will be closed on Friday, August 10, 2018. We will resume our regular office hours on Monday, August 13, 2018.
|Office Hours Summer 2018|
|Monday||8am - 4pm|
|Tuesday||8am - 4pm|
|Wednesday||8am - 6pm|
|Thursday||8am - 6pm|
|Friday||8am - 12pm|
|Financial Aid Rep. in Library Summer 2018|
|Tuesday||10am - 4pm|
|Wednesday||12pm - 6pm|
Financial Aid Office
Los Angeles Pierce College
6201 Winnetka Ave.
Woodland Hills, CA 91371
(818) 704-8221 Fax
Financial Aid Disbursements
Disbursement dates and deadlines are determined by Federal, State, District and/or institutional regulations and policies. Students who are new to the Los Angeles Community College District (LACCD) will receive information by mail regarding the process to select their refund/disbursement preference.Students have two choices: Have their refunds routed to a currently-open bank account, or open an account through Bank Mobile Vibe (formerly known as Higher One). Students who open a Bank Mobile Vibe account (information avaialble for viewing or downolad as an Adobe Acrobat Portable Document Format (PDF) file) will receive a myLACCDcard debit card and information on how to activate your card and account. AB540 students who receive Cal Grants will receive their financial aid refund/disbursements by paper check. Students receiving a refund/disbursement from a federal student loan have the right to cancel their loan disbursement. Contact the Los Angeles Pierce College Financial Aid Office for details on loan disbursement cancellation.
Disbursements will be adjusted if enrollment is less than full-time. Supplemental disbursements occur throughout the academic year. If your enrollment status has increased and you are due an additional disbursement, it will be deposited to your account. Disbursements will be adjusted if enrollment increases or decreases. Payment for late-starting classes cannot be issued until the class begins. After the second disbursement date of each semester, no further award adjustments can be made based on late enrollment, with the exception of short-term classes that start after the second disbursement date and winter classes.*
Students are encouraged to logon to the Student Information System (SIS) to view their financial aid award information. Students with an approved Financial Aid Extension Petition must be enrolled in approved units to be eligible for financial aid refund.
Any outstanding institutional debt will be deducted from your financial aid disbursement. If you have not authorized LACCD to automatically deduct any outstanding balances (institutional debts) from any funds that you will be receiving, college services may be withheld. This includes disbursement of financial aid funds. If you have not selected your disbursement preference, disbursement of funds will be delayed.
The District retains the right to reverse your disbursement from your Bank Mobile Vibe account (assuming you activate your myLACCDcard for use) if you never attend class(es) or found to be ineligible for your disbursement. You may not receive financial aid for remedial coursework beyond their initial 30 attempted remedial units.
In accordance with federal refunds and repayment regulations, if you completely withdraw from all of your classes after receiving your financial aid you may be required to repay all or a portion of the financial aid you received. Failure to repay these funds will result in the loss of future financial aid at any institution. Go to Return to Title IV web page for complete details.
If you audit a class, you are not eligible to receive a Board of Governors Fee Waiver (BOGFW) or any other financial aid for this course. You are solely responsible for the payment of fees associated with audited classes. It is the student's responsibility to drop classes (including zero-unit classes such as tutoring or workshops).*Courses taken during the winter session are defined as short-term courses. Student must complete the short-term courses that start after the second disbursement date to be eligible for disbursement.