2025–2026 Federal Direct Loan Information
📅 Loan Application Availability
Loan Applications Available Starting: August 15, 2025
To request a Subsidized or Unsubsidized Federal Direct Loan:
- Call the Mt. SAC Financial Aid Office at (909) 274-4450
- Submit your completed Direct Loan Application online through Adobe Sign.
✅ Eligibility Requirements
You must meet all of the following BEFORE requesting a loan. No exceptions.
- Submit a FAFSA for 2025–2026.
- Be enrolled in at least 6 degree-applicable units.
- Be meeting Satisfactory Academic Progress (SAP).
- Have a full, counselor-approved Educational Plan (Assessment Questionnaire must be completed).
- Submit all required documents via Adobe Sign.
- Complete any pending financial aid requirements.
- Your total financial aid (grants + loans) must not exceed your cost of attendance.
- New borrowers must complete:
- Monitor the Financial Aid tab in your Mt. SAC Student Portal for updates.
- Approved students will receive a Disclosure Statement from the loan servicer.
Note: An approved SAP appeal does not guarantee loan approval.
📎 Required Documents
- Signed, full & complete Educational Plan from a counselor
- Copy of valid State ID or Driver’s License and Social Security Card
- Proof of completed Entrance Counseling
- Incomplete packets will not be accepted & will delay the process
📌 Loan Request Deadlines & Disbursement Dates
| 📆 Request Deadlines | 💰 Disbursement Dates (Split 50%/50%) | ||
|---|---|---|---|
| 2025 Fall Semester | November 14, 2025 (by 7:00 PM) | October 2, 2025 | November 6, 2025 |
| 2026 Spring Semester | May 15, 2026 (by 7:00 PM) | March 16, 2026 | April 20, 2026 |
💵 Interest Rates & Fees (2025–2026)
| Loan Type | Borrower | Interest Rate | Loan Fee |
|---|---|---|---|
| Direct Subsidized/Unsubsidized | Undergraduate | 6.39% | 1.057% |
| Direct Unsubsidized | Graduate/Professional | 7.94% | 1.057% |
| Direct PLUS | Parents or Graduate/Professional Students | 8.94% | 4.228% |
Source: studentaid.gov
⚖️ Institutional Right to Deny or Reduce Loans
Section 428(a)(2)(F) of the Higher Education Act allows Mt. SAC to refuse or reduce loan certification based on documented reasons (e.g., unwillingness to repay). Students will be notified in writing if this occurs.
🔗 Helpful Resources
| Link | Description |
|---|---|
| studentaid.gov/h/manage-loans | Manage loans, complete counseling, access loan servicer info |
| finaid.org/loans/forgiveness.phtml | Explore federal loan forgiveness programs |
| finaid.org/calculators/loanpayments.phtml | Estimate your monthly loan payments |
