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Charter Oak State College Encourages Voter Registration
Please register to vote in the upcoming election on Tuesday, November 4th. Get information on deadlines and how to register.

Transform CSCU 2020 Town Hall Meeting Held
On Monday 9/22, Charter Oak State College held our Transform CSCU 2020 Town Hall meeting at our campus and online.

Charter Oak State College Celebrates Constitution Day
September 17th is Constitution Day! Take this opportunity to learn more about this document.

Seeking New Student Alternate Rep to CT's Statewide Student Advisory Committee
Great opportunity to network with students from other institutions and to be part of the discussion on public higher education in CT

Go Back to Get Ahead Registration Event on 8/13
Admissions and financial aid representatives from Charter Oak State College will host a registration event for Go Back to Get Ahead prospective students on Wednesday, August 13th from 4 p.m. - 7 p.m.

Omar Rosario named Student Speaker for Charter Oak State College commencement
Omar Rosario named Student Speaker for Charter Oak State College commencement

Connecticut Board of Regents for Higher Education
Ask us about finishing your college degree in our LIVE chat today from 1pm to 2pm!
The password to enter the chat room is "cosc"

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.