Disbursement dates for the 2023-2024 academic year are shown below. Students borrowing for the first time and those borrowing one semester at a time should pay special attention to the disclosure statement provided by the Department of Education. The disbursement schedule for your loan(s) may be different than the schedule for your other Aid. Students enrolled entirely in late start courses will experience a delay in funding until their first class meeting.
2023-2024 Disbursement Dates**
| Fall Semester 2023*: | September 1, 2023 |
| First Time Borrowers | September 22, 2023 |
| Fall Only Loans – Second Half of Loan | October 27, 2023 |
| Spring Semester 2024*: | January 19, 2024 |
| First Time Borrowers | February 9, 2024 |
| Spring Only Loans – Second Half of Loan | March 15, 2024 |
| Summer Session 2024*: | June 7, 2024 (estimated) |
| First Time Borrowers | June 28, 2024 |
| Second half of ALL loans | July 5, 2024 |
*Dates subject to change. Students enrolled entirely in late start courses will not have aid applied until the week prior to their first course start date.
**Disbursement to your RCTC account will occur on the dates listed above. Any excess funds will then be transmitted to and released through BankMobile disbursement services. Select your refund preference.
Work Study / Student Employment Pay Dates:
Work study students (student employees) use the electronic timeclock at the beginning and end of each shift to record hours worked. Every two weeks, the electronic timesheet is submitted to the student’s supervisor for payment authorization. Timesheets must be submitted by 4:30pm on the day following the end of the pay period (every other Wednesday). A full list of pay periods, timesheet due dates and pay dates for the full school year is available below.
You must designate how you want to receive your paycheck. Visit https://bankmobiledisbursements.com/refundchoices to make your selection.
Monitor Your Payroll Information:
Student Employees can view pay stub information, print W-2 Wage and Tax Statements, and Form 1098-T Tuition Statement from the eServices site under Student Employment.