Financial aid disbursement for the fall semester in 2020 typically occurred in two main phases. One source specifies that the second disbursement date for fall 2020 was November 9, 2020. There may also have been an initial disbursement around mid-October 2020, depending on the institution.
In general, financial aid disbursement dates depend on the school and can range from a few days before classes start to several weeks into the semester. Many schools release the first disbursement at or shortly after the start of classes and the second disbursement later on, often in November for the fall term.
To summarize for fall 2020, a typical financial aid disbursement timeline was:
- First disbursement around mid-October 2020
- Second disbursement on November 9, 2020
Exact dates depend on the college processing the aid.
