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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.

2015-2016 Reminder to Complete FAFSA for Upcoming Academic Year
The Office of Financial Aid at Charter Oak State College would like to remind you that the FAFSA for the 2015-2016 academic year is now available.

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.

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

U.S. Senator Christopher S. Murphy to Give 2014 Commencement Speech
Graduation to be held June 1

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

Connecticut Board of Regents for Higher Education

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.