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Commencement 2015 student speaker April Cox
Barrington, RI resident named Charter Oak student speaker

Commencement 2015 speaker Colin McEnroe
Columnist and radio personality to speak at graduation

Commencement 2015 on May 31st
Over 550 students will comprise the Class of 2015, with 200 attending the ceremony

Charter Oak State College Enrollment Up 38%
The College's current enrollment is now at 2,836 students with over 2,000 of those students registered for online courses.

New CT Education Academy to Launch
Academy will provide training for CT state workforce

Charter Oak Ranked First for Affordability
College offers most affordable online degree program in state.

Connecticut Board of Regents for Higher Education
Our offices will be closed on Monday, May 25th for Memorial Day.

Disbursement of Financial Aid Funds

Students must be academically engaged prior to the disbursement of federal, state, and/or institutional financial aid funds. Academic attendance and attendance in an academically-related activity includes, but is not limited to:

  1. Submitting an academic assignment;
  2. Physically attending a course where there is an opportunity for direct interaction between the instructor and student (consortium students only);
  3. Taking an exam, an interactive tutorial, or computer-assisted instruction;
  4. Attending a study group that is assigned by the instructor;
  5. Participating in an online discussion about academic matters; and
  6. Initiating contact with a faculty member to ask a question about the academic subject studied in the course.

Logging into an online course without active participation, or participating in academic advisement or counseling, is not considered attendance.  

Financial aid funds are never released in a single "lump-sum" payment within a semester.  Instead, the College schedules multiple disbursements (payments) of financial aid dollars within a semester based on course engagement. 

Semester Example: Student enrolled in T1 (Term 1) and T2 (Term 2) courses.

The student's first scheduled financial aid disbursement is applied to both the T1 (current course) and T2 (future course) charges. Excess financial aid dollars from the first scheduled disbursement (if any) will result in a credit refund.

The student's second disbursement of financial aid dollars will be applied towards charges not previously covered by the first disbursement of financial aid. Again, excess financial aid dollars (if any) will result in a second credit refund.

The release of financial aid funds usually begins 25-30 days after the start of classes.  Students enrolled only in 8 week courses (first or second 8 weeks) will receive two disbursements; one approximately three weeks into the term and the other at the end of the term.

The Office of Financial Aid will communicate updates to its disbursement policies and procedures on an ongoing bases as regulatory changes  are made by the U.S. Department of Education.  Students are advised to check their ACORN account and Charter Oak email for financial aid information including disbursement policies. Disbursement policy information can also be found in the College's catalog.