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.

First-time Borrowers

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Loan Disbursement Information

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.

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

*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.