Direct Loan Disbursement
Students will receive an email with anticipated disbursement dates when a loan is awarded.
To receive a disbursement of loan funds on the anticipated loan disbursement dates, you must meet the following criteria:
- You must have accepted the Loan Award in MyShasta at least 7 business days prior to the disbursement date.
- You must be registered in 6 units or more. If you have late start classes, you must already be attending at least one class.
- You must have completed Federal Entrance Counseling.
- You must have completed the Master Promissory Note (MPN).
By law, loan disbursement will be not be made until all criteria are met.**
| Loan Period (Check your award email) | First Standard Disbursement | second standard disbursement |
|---|---|---|
| Fall & Spring Loan | 09/26/25 | 02/27/26 |
| Fall Only Loan | 09/26/25 | 11/07/25 |
| Spring Only Loan | 02/27/26 | 04/17/26 |
- Fall 2024 Alternative Dates: 10/10/25, 10/24/25, 11/07/25, 11/21/25, 12/05/25, 12/19/25
- Spring 2025 Alternative Dates: 03/13/26, 03/27/26, 04/17/26, 05/01/26, 05/15/26
**Once criteria are met, the earliest alternative disbursement date will be used for the first disbursement.