Students are disbursed their financial aid at the beginning of the quarter based on their enrollment level at the time the funds are sent to BMTX, Inc. On the Census Date, the 10th day of the term fall, winter, and spring, and the 8th day summer term, the student’s enrollment level is locked and compared to the original enrollment level. No funding adjustments can be made if adding after the census date.
- Increasing Enrollment Level – If a student adds classes by the 10th class day of the term, the student may be eligible for additional funds. The student should notify financial aid of the change in enrollment level. Pell Grants cannot be increased after the 10th day. Other aid may be increased after the 10th day if funding is available.
- Decreasing Enrollment Level – (for Federal Pell Grant only) If a student drops courses to a lower enrollment level or does not commence attendance in all classes after their disbursement is sent to BMTX, Inc., the student will be responsible to repay the amount owed based on their change in enrollment level.
- Changing classes – If a student needs to change a class and the enrollment level will remain the same, the student should add/drop the class the same day to prevent a decrease in enrollment, Some classes have different fees; if a balance is due after a class change, the student is responsible for paying any amounts due.