Office of Financial Assistance Student Services Center, Room 102 510.215.6026 510.215.2810 financialaid@contracosta.edu
Spring 2021 Extended Hours
January 19-21 and 25-28
8:00 a.m. – 6:30 p.m.
Held through
Zoom-A and Zoom-B.
Financial Aid Application Appointment Request
Student Loans
Contra Costa College participates in the Federal Direct Student Loan Program. Students may submit a Loan Request online through InSite. Just sign in, select the “Financial Aid” tile, then “Financial Aid Home,” then “New Loan Request” from the main drop-down menu. Loan Request processing can take 2-4 weeks, after which you will be notified of your loan eligibility via your student email account on InSite.
For more information about Federal Direct Student Loans, watch this video.
If you have never taken out a student loan before (or your prior student loans have already been closed,) you will receive an instruction sheet for completing your Entrance Counseling and Master Promissory Note after you have submitted your Loan Request Form. You can also find a copy of those instructions here. Drop by our Financial Aid Lab Hours to receive one-on-one assistance. You may also schedule an appointment with the Loan Processor for additional in-person loan counseling by calling our office. Hours and contact information can be found on the left side of this page. Federal student loans are always disbursed in two equal disbursements for the award period. If your loan is awarded for a full academic year, that usually means one disbursement in fall and another in spring. However, if your loan is awarded for one semester, you can still expect to receive two disbursements: one in the first half of the semester, and another after the midpoint of the semester has passed. First-time Borrowers are NOT eligible to receive a loan disbursement until AFTER 30 days from the start of each semester; therefore, first-time borrowers can expect to receive their loan disbursement by the SECOND disbursement date of each semester, so long as all other requirements are met by the published documentation deadline for the second disbursement date below. *Documentation Deadline: For continuing borrowers, this includes only the online Loan Request. For first-time borrowers, you must complete the online Loan Request AND the online Entrance Counseling and Master Promissory Note. Watch this video for details on completing these steps. ALL requirements must be completed by this date in order to receive your loan disbursement on the corresponding Funding Date. **Award Calculation Date: You must be enrolled in and attending at least 6 degree-applicable units by this date in order to qualify to receive your loan disbursement on the corresponding Funding Date. If you drop units, or have later starting courses that result in less than 6 units, you will not qualify for disbursement. ***Funding Date: This date reflects the day funds will be transmitted to BankMobile. All students MUST make a selection in order to avoid delay in their scheduled disbursement. Visit m.4cd.edu and tap the “Financial Aid” tile to make a disbursement selection. ****August 7, 2020, is the FINAL documentation deadline to request a student loan for the 2019-2020 academic year. Loan Requests that do not have ALL required documentation completed by this date cannot be processed. (±) Dates marked with this symbol above may include retroactive disbursements for prior semesters if the student has been determined to be eligible for a retroactive loan disbursement. First-time Borrowers
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Loan Disbursement Information
Loan Disbursement Calendar
Fall 2019
Documentation Deadline* Award Calculation Date** Funding Date*** 07/19/2019 08/25/2019 08/29/2019 (Continuing borrowers only) 08/02/2019 09/08/2019 9/12/2019 (Continuing borrowers only) 08/16/2019 9/22/2019 09/26/2019 09/06/2019 10/06/2019 10/10/2019 09/27/2019 10/27/2019 10/31/2019 10/18/2019 11/17/2019 11/21/2019 11/01/2019 12/01/2019 12/05/2019 11/15/2019 12/15/2019 12/19/2019 12/13/2019 01/12/2020 01/16/2020 Spring 2020
Documentation Deadline* Award Calculation Date** Funding Date*** 12/19/2019 01/26/2020 01/30/2020 (Continuing borrowers only) 01/03/2020 (+) 02/09/2020 02/13/2020 (continuing borrowers only) 01/17/2020 02/23/2020 02/27/2020 02/07/2020 (+) 03/08/2020 03/12/2020 02/28/2020 03/29/2020 04/02/2020 03/13/2020 (+) 04/12/2020 04/16/2020 03/27/2020 04/26/2020 04/30/2020 04/10/2020 (+) 05/10/2020 05/14/2020 Summer 2020
Documentation Deadline* Award Calculation Date** Funding Date*** 04/24/2020 05/25/2020 05/28/2020 05/08/2020 06/14/2020 06/18/2020 06/05/2020 (+) 07/12/2020 07/16/2020 07/02/2020 (+) 08/09/2020 08/13/2020 08/07/2020**** 09/13/2020 09/17/2020