Direct Loan Instructions

As a first-time Direct Loan borrower, you must complete the following in order for the Office of Financial Assistance to process your Direct Loan Request Form: 

    1)    Log on to www.studentloans.gov. You will need your FSA ID to Log in.

    2)    Complete Entrance Counseling. 

    3)    Complete Direct Loan Master Promissory Note (MPN).

 

Need Online Help? Visit the Financial Aid Lab. Log on

to www.contracosta.edu and “click” Financial Aid to find our Lab Hours.

 

Direct Loan Disbursement Calendar

Spring 2017

Documentation Deadline*

Award Calculation Date

Funding Date**

 

02/09/2017

 

02/24/2017

                      

03/02/2017

 

03/23/2017

 

04/14/2017

 

04/20/2017

              

                   04/03/2017*** 

              

          05/19/2017

              

          05/25/2017

 

*You must have BOTH the Entrance Counseling and MPN done by the Documentation Deadline in order to receive your loan payment on the corresponding Check Mail Date.

**Single Term Loans may be disbursed in two (2) separate payments.

***The FINAL documentation deadline for Loan Request Form to be turned into front counter is: Monday, April 03, 2017 (by 4:30pm)

  ***The online processes must be completed by 11:59 pm, Monday, April 03, 2017

A Loan Request that is missing Entrance Counseling and/or MPN is considered incomplete and will not be processed passed the final Documentation Deadline.

No Exceptions!