Grand Rapids Community College

Method of Payment

Students who have been awarded grants, scholarships, and/or Federal Family Education Loans will have their awards credited to their account. Any remaining funds will be transferred to the Bookstore one week prior to the beginning of each semester and will remain on the Bookstore account through the first week of school. Any grant, scholarship and loan funds remaining after the Bookstore charges have been debited will be issued to students 21 days after the first day of classes. According to disbursement regulations, remaining student loan funds for freshmen will not be issued until 30 days after the first day of classes.

Frequency of Financial Aid Payments

All financial aid payments will be applied on a semester of enrollment basis.

GRCC is a commuter college with no dormitory facilities; therefore, the college has no charges for room or board. However, for the calculation of financial need only, the college uses reasonable Room/Board, Transportation and Books/Personal figures established by the Michigan Department of Education. The figures for 2003-2004 are:

These figures are used solely for determining financial aid and are not charges billed to the student.

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Updated on 16-DEC-09
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