For those of you wondering..

UC Berkeley Financial Aid Office
November 16, 2011: Spring Billing and Financial Aid Payments:

December 3, 2011 - Spring 2012 fees will be assessed
December 16, 2011 - CARS statements will be generated
January 6, 2012 - Financial aid will pay to CARS
January 13, 2012 - Refunds available for students with EFT

Note: There is a possibility that aid may pay earlier than January 6th, but not before the CARS statements are generated.