Financial Aid Refund Timelines Question When will I get my refund? Environment Financial Aid Information The first refund processes through BankMobile Disbursements (opens in a new window) approximately 30 days after the start of the semester. Single-Semester Loans: These are applied in two separate disbursements. The second disbursement processes roughly 30 days after the first. Two-Semester Loans: These typically have one disbursement per semester. Answer Refund processing dates vary each semester. Specific dates are maintained on the GRCC website's Financial Aid Important Dates page (opens in a new window).