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… Content Financial Aid - Disbursements & Refunds (UC) … Disbursements & Refunds  … Disbursements are financial aid funds applied to your student account. Disbursement is a technical term used by the financial aid department. The financial aid … receive their refunds by paper check delivered to the mailing address on file with Admissions & Records. It is critical that all students update the mailing address on file with the Admissions & Records Office to ensure receipt of their … the college Business Office. Disbursement Adjustments Disbursements will be adjusted if enrollment is less than full-time. Supplemental disbursements occur throughout the academic year. If your enrollment status has increased and you are due …