… 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 department … State, District and/or institutional regulations and policies. Refunds Students who are new to LACCD will receive information by mail and e-mail from BankMobile regarding the process to select their refund preference. For more information, visit …