​​​​​​​​​​​​​​​​​​​​​​​​​Federal Direct Loans

 
Students who will NOT attend Spring 2018, the deadline for loan application is: 10/31/17

Frequently Asked Que​​stions:​

Important Notes:

  • Loan applications Mailed, Faxed, Emailed, left in the Night drop box and submitted by anyone other than the student who is applying will not be processed. They will be returned by mail, which will delay processing. 
  • Incomplete or altered loan applications will not be accepted. ​​
  • There is a maximum loan amount you may request view the Loan Limits for more information.

Stude​​nts who are:

Before you Apply:

  • Make sure that you have completed the FAFSA for the current academic year. 
  • If you have not completed the FAFSA​ visit www.fafsa.gov​ to complete the application.

Application Packets:

Our loan packets were created with specific types of loan borrowers in mind. Please read the information regarding each packet. Select and complete the one packet that matches your situation:
  • Pa​cket NB is for students who have never borrowed a Federal Direct Loan, or have a zero balance on a previous Federal Direct Loan. Complete and Print Packet NB

  • Pa​cket PD is for students who have defaulted on a Federal Direct Loan and would like to apply for another Federal Direct Loan at Shasta College. Complete and Print Packet PD

  • Packet​ PLB is for students who have previously received Federal Direct Loans(s), which is/are not paid in full and would like to apply for another Federal Direct Loan. Complete and Print Packet PLB

  • If you have a Bachelors degree you must complete one of the packets above AND Form BLC.

Submitting Forms:

  • ​​​Submit Loan Packets in person, ONLY:
    Loan forms submitted by any of the following ways will not be accepted
    Mail, Fax, Email, Night Drop Box or anyone other than the student who is applying 
  • Bring your valid Driver's License or State Issued Picture ID: 
    Shasta College will make a copy to keep with your loan forms. 
  • Submit forms to any Shasta College Campus:
    Main Campus Address 
    Trinity Campus Address
    Tehama Campus Address
    Intermountain Campus Address​
  • Students attending ONLY Fall 2017 the Application Deadline is: 10/31/17
  • Spring 2018 Application Deadline: 4/3/18

I've Applied, What Now? 

  • A Loan cannot be processed until your financial aid file has been processed. 
  • Once your financial aid file is processed, it will take up to 6 additional weeks to process a loan
  • Communication will be via mail, your "MyForms" screen through "MyShasta" and email. 
  • If approved, loan amounts will be added to your Financial Aid Award Letter. 
  • An award letter with your specific disbursement dates will be mailed to you. 
  • By law, the soonest a loan can be disbursed is 30 days after the semester begins. 
  • Questions? Contact Lorelei at 530.242.7704 or email studentloans@shastacollege.edu

Leaving Shast​​a College? 

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Complete Loan Exit Counseling
Exit counseling is required when you graduate, transfer​, or withdraw. To complete exit counseling go to studentloans.gov. Select Shasta College as the college to receive electronic confirmation that you have completed exit counseling. 
 
Start repaying your student loan:
The federal government provides a range of flexible repayment options for Direct Loan recipients. For more information on loan repayment and your options visit 
studentaid.ed.gov. 

Don't default on your student loans! 
ECMC provides free resources to Shasta College students to help manage your Federal Direct Loan.
ECMC is a non-profit service dedicated to helping students manage educational loans. 
To contact an Advisor, email or web chat, or call 1.877.331.3262.

 
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