Refund Calendar

NLTCC delivers your refund with BankMobile Disbursements, a technology solution, powered by BMTX, Inc. Visit this link for more information. Below are the earliest dates for the session that we will send funds to your BMTX, Inc. These dates only apply to eligible students whose documents were submitted on time and deemed eligible for financial aid before these dates. All other eligible financial aid recipients will receive later disbursements, regardless of the date you see on LoLA.

*** Financial aid processed after the dates below, the Financial Aid office will disburse eligible financial aid to your student account on Tuesday of each week, and the Business Office will send your refund to BMTX, Inc. on Friday of each week after 5pm. Sign up for BankMobile Disbursements notifications to know when you will have access to your funds.

Grant disbursement schedule by term for 2025

TERMS CLASS START DATE ELIGIBLE GRANTS PAY FUNDS SENT
M01, M03, M08 January 13, 2025 February 4, 2025 ***February 7, 2025
M02, M09 February 10, 2025 February 25, 2025 ***February 28, 2025
M04, M10 March 17, 2025 March 25, 2025 ***March 28, 2025
M11 April 14, 2025 April 22, 2025 ***April 25, 2025

TOPS recipients: Tops funding is provided by the Board of Regents/Louisiana Office of Student Financial Assistance (LOSFA). Any TOPS Award on your account is contingent upon a determination of eligibility by BOR/LOSFA and appropriations by the Louisiana Legislature to fund the program entirely. Colleges cannot request funds on your behalf until after the 14th class date. We estimate that we will apply the funds to your account balance approximately two weeks after receiving them. Continue to monitor your account summary on LoLA for updates.

IMPORTANT INFORMATION: When NLTCC sends your funds to BMTX, Inc. according to the dates above, BMTX, Inc. will issue your refund to the preferred method you chose during account creation. NLTCC staff will not know the day you will have access to your funds. Please sign up for BankMobile Disbursements notifications to receive updates.

***The refund dates mentioned are subject to change. NLTCC will disperse the refund within 14 days of the funds paid to your student account if there is a delay in processing a refund.