Financial Aid - Important Dates

SPRING 2023

January

1/4 - 1/25

1st bookstore charge period

1/31

1st census disbursement (credit & TCAT)

February

2/3

Disbursement (TCAT only)

2/10

Disbursement (TCAT only)

2/16

Disbursement (credit & TCAT - 30 day loan delay)

2/24

Disbursement (TCAT only)

March

3/3

Disbursement - credit & TCAT

3/6 - 3/17

2nd bookstore charge period

3/10

Disbursement (TCAT only)

3/17

Disbursement (TCAT only)

3/27

2nd census disbursement - credit & TCAT

 

Pell Recalculation Date (all aid adjustments)

3/31

Disbursement (TCAT only)

April

4/12

Disbursement - credit & TCAT

4/14

Disbursement - credit & TCAT

4/21

Disbursement - credit & TCAT

4/28

Disbursement - credit & TCAT

May

5/5

FINAL disbursement - credit & TCAT


***TCAT disbursements will occur each Friday, unless preempted by balancing, holidays, or other college activities that prevent disbursement.
 


General Information - Disbursement & Deletion

  • Attendance: Students are not eligible for financial aid for classes they are not attending. If you are a TN Promise student and you only attend 9 credit hours, then you are likely ineligible for any TN Promise.
  • 1st and 2nd Sessions: Most financial aid for the full semester will be disbursed in the 1st Session, including financial aid for the 2nd Session. Students who withdraw or never attend their 2nd Session classes will be charged for the financial aid they received for those classes.
  • Financial Aid Requirements: Students who do not have all documents, requirements, and appeals submitted at least 30 days before the first payment and deletion date of each semester are expected to pay their tuition and fees or set up a payment plan.
  • Reimbursement of Out-of-Pocket Payments: Financial aid will be disbursed and reimbursed to eligible students once all eligibility requirements are submitted and processed.
  • Financial Aid Repayment: Students who receive financial aid payments and withdraw or stop attending might be required to repay all or a portion of their financial aid. Students cannot keep financial aid that is not earned through attendance and engagement in their classes.
  • Check Your TigerWeb & Email: Be sure to periodically check your TigerWeb account and your Chattanooga State email for important updates concerning your financial aid.
     

Loans

  • There is a 30 day delay for all first-time Loan borrowers.
  • TCAT Loan borrowers can receive their 2nd disbursement at the midpoint of the semester.
     

Satisfactory Academic Progress (SAP)

  • Satisfactory Academic Progress (SAP) is calculated at the end of each term. Students might forfeit eligibility at the end of a semester and immediately lose eligibility for the next semester. Students are responsible for successfully passing their classes and graduating within United States Department of Education guidelines.
  • SAP appeals will be added to suspended students’ unsatisfied requirements section in TigerWeb at the end of each semester.
  • Students who forfeit financial aid at the end of a semester and wait to appeal until after that semester are not guaranteed to have their SAP appeal reviewed before the next semester begins.
  • Students who do not meet SAP requirements and do not submit SAP appeals in a timely manner are expected to set up payment plans or pay out-of-pocket if they continue enrollment.
  • TN Promise and TN Reconnect can be awarded and disbursed to students who fail SAP requirements.