Financial Aid & Scholarships

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Welcome to Financial Aid & Scholarships

SMC will award over $50 million in financial aid and scholarships to help you achieve your goals. We offer a variety of financial aid and scholarships to help you reach your goals. At $46/unit SMC offers you a world-class education at half the cost of a 4-year university.

Cost Comparison Guide

August 20, 2026

2026-27 Direct Loan Application Available on Corsair E-Docs

Corsair E-Docs

September 1, 2026

1st Fall Pell and SEOG Disbursement*

September 16, 2026

Parent Plus Loans Disbursement *

Week of October 19, 2026**

Direct Loans Disbursement*

*Students please ensure that your Bank Mobile profile is set up and your mobile authentication is active to ensure that your refunds are not delayed.**

VERY IMPORTANT: Please review your account balance to ensure that you do not owe fees from previous semesters. Your account balance must be at $0.00 to ensure that there are no delays to your current financial aid disbursement. If you owe fees from a previous semester, your current financial aid disbursement will be delayed to allow the Cashier's office to collect payment and then redistribute your remaining refund via check. 

**Attention Students:  If you are expecting to receive Direct Loans for the fall 2026 term, our software vendor informed us that recently there will be a delay on a system enhancement needed to accurately disburse the correct amount on the Federal loans.  Because of this delay, the new expected disbursement date will occur in the week of October 19th.  Again, please note that this is a tentative date, and we expect to receive firm confirmation in the coming days from the vendor on the system enhancement. 

While this news is unexpected and not what we wanted to communicate, we want to ensure that your loans are processed accurately and you are given the correct amount that you applied for.  Due to the new federal guidelines that were enacted July 1, 2026, as part of the One Big Beautiful Bill Act, changes that impacted the loan amounts for students, presented unexpected challenges for the Student Information System company.  We are committed to working timely and efficiently with our software vendor to ensure the system is configured properly to award the loans accurately.

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Financial Aid Workshop

Learn about the financial aid process, how to get money for college, and avoid the credit card trap.