See How Holidays May Impact Your CDS Disbursements

ScholarNet Blog Articles / ScholarNet Product Spotlights | December 20, 2022

If you have funds disbursed through Central Disbursement Service (CDS), a feature of ScholarNet, you likely know that holidays and bank closures can affect the days of week disbursements are made. In addition, you may also have staff who take time off around these holidays.

With ScholarNet, you can choose the day of week your disbursements are made – and you can easily modify the day to accommodate holidays and closures. We make it easy to plan ahead for disbursement day changes by providing calendars with holiday changes outlined for you.

2023 holiday disbursement calendar

Financial aid professionals and Lenders holiday disbursement calendar

To Make a Change

Our expert Care Team is here to help should you have any questions or want to make a change to your disbursement schedule.

Email us at CareTeam@myscholarnet.com or call us at 888.686.6919.

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