Financial Aid Disbursement

Clark College disburses financial aid through BankMobile Disbursements, a technology solution, powered by BMTX, Inc. For more information about BankMobile Disbursements, visit this link: http://bankmobiledisbursements.com/how-it-works/. Additionally, a new mobile phone requirement will be taking effect April 6, 2024. Students will be required to have one unique mobile phone number on file for their profile which is capable of sending and receiving text messages (SMS).

How are my financial aid funds disbursed?

All financial aid awards are automatically used to pay your tuition and fees before the start of each term. If your award exceeds the cost of your tuition, you will receive the remaining balance of your funds through the refund preference you select with BankMobile Disbursements.

If your financial aid award is not sufficient to pay the tuition and fees in full, you are responsible for payment of the remaining balance.

When do I receive the remaining balance of my financial aid awards?

If your award exceeds the cost of your tuition, you will receive the remaining balance. Clark College sends funds with BankMobile Disbursements to be issued according your refund preference. Funds are issued 1-2 business days before the start of fall, winter, and spring terms. Summer term funds cannot be issued until after July 1 each year and may not be available until the first day of the term.

More information about BankMobile Disbursements:

You may contact The BankMobile Disbursements Team by visiting: https://disbursements.bmtx.com/accountholder-support/. For more information about your financial aid awards and disbursements dates you may contact the Financial Aid Office at by phone 360-992-2153 or by e-mail at finaidmail@clark.edu.

If you need additional assistance receiving your disbursement or if you do not have an active BankMobile account please contact Clark College Cashiering at 360/992-2177