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Loan Information

We are no longer processing loans for the 2016-17 Academic Year.

To be eligible to receive Financial Aid Funds, students need to qualify by doing the FAFSA and maintaining Satisfactory Academic Progress.

De Anza College is required to inform student and parent borrowers that their loan will be submitted to the National Student Loan Data System(NSLDS) and will be accessible by guaranty agencies, lenders and institutions to be authorized users of the data system.  This information is submitted via the National Student Loan Clearinghouse(NLSC) each quarter.

Loan Programs

Federal Direct Loan

The Federal Direct Loan assists students from both low- and middle-income families. Students must meet the minimum eligibility requirements, which includes enrollment in at least six units at the college, including Summer quarter. Students who demonstrate need for a portion or all of the annual limit will receive a subsidized loan from the federal government, where no interest is due to for the period of time in which the student is eligible for an in-school deferment and for the duration of any grace period.

Students who do not demonstrate need for part or all of the annual borrowing limit may still receive an unsubsidized loan and pay their own interest during the time they are in-school.

Federal Direct Plus

The Federal Direct PLUS loan is available to parents of dependent students wishing to borrow on behalf of their dependent in order to meet the cost of attendance.

The PLUS loan proceeds will be credited to the students account.  The law requires that any excess PLUS loan funds be returned to the parent.  However, the parent may authorize (in writing or through  to transfer the proceeds of a PLUS loan credit balance directly to the student for whom the loan is made.

For more information visit the website or the Federal Student Aid website.

If you have questions, please see the Staff Directory

Video Playlist

Know Your Loans

Prorated Loan

Students attending De Anza College for one or two terms are subject to prorated loan amounts. Students attending for one quarter will have their loan disburse in two equal disbursements on the scheduled refund days.

Exit Counseling

 All students who have attended De Anza College and received Title IV loans are expected to complete the federal loan exit process.  The purpose of exit counseling is to provide students with pertinent information that will assist them in understanding their rights and responsibilities as a borrower.

 The link to is emailed to the student through the Banner process, RRREXIT, which also places the requirement on their account.  They will also see the notification when they log onto My Portal.  Students have 30 days from the notification date to complete the online exit counseling.  Failure to do so may result in the students’ records being placed on hold until a completed exit interview is either received electronically via Connect/COD or the student submits a copy to the financial aid office.

The financial aid office will use the Banner system to run reports at the end of each month to determine which students have not completed the online exit counseling.  De Anza will then mail those students the required exit loan counseling materials to the last known address and document that this action has been completed.

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Attention Direct Loan Borrowers

You are NOT required to accept any student loans.
How to Apply

If you wish to borrow and are offered both a Subsidized and Unsubsidized Direct Loan you MUST accept the Subsidized Loan first. Students are required to be enrolled in at least six units each quarter to receive the loan(s).

Step 1: To indicate your choice, select Accept or Decline next to each loan Offered and click on Submit Decision. If you wish to accept less than the Offered amount contact the Financial Aid Office.

Step 2: After accepting a loan you must immediately complete a Direct Loan Entrance Counseling and Master Promissory Note at and we will be notified that you have satisfied these requirements. If you have received a Subsidized and/or Unsubsidized Direct Loan at Foothill or De Anza in a prior year, you do not need to complete the Direct Loan Entrance Counseling again and the requirement will be automatically satisfied.

  • BOTH Entrance Counseling and Master Promissory Note must be completed prior to disbursement. You can check the status of both requirements on the Student Requirements tab.
30 Day Delay

If you’re a first-year undergraduate student and a first-time borrower, you may have to wait 30 days after the first day of your enrollment period (semester, trimester, etc.) for your first disbursement. Check with the Financial Aid Office to see whether this rule applies to you.

You will see on your MyPortal the first day that De Anza is able to disburse your loan after 30 days, however, De Anza only disburses financial aid on MONDAYS.  Your loan will disburse the first Monday after your 30 days from the first day of your enrollment period, and will refund the Friday after the disbursement day. Please see our Disbursement and Refund Information website for the specific refund dates for 30 day delay loans.

If you have questions contact your Financial Aid processor, please see the Staff Directory

Exit Counseling Instructions

To get started on your Exit Counseling Session, you should have the following information ready for each of your student loans: Address and Telephone number of nearest relative (next of kin) and two other References; Name, Address, and Telephone Number of Employer (if employed).

Go to - proceed to Complete Counseling.  Follow the link to NSLDS to complete the Exit Counseling Session.

You will work your way through the sections to read and answer questions. At the end, you will need to enter your reference and employer information.  We will see your completed form online as well as the date and time you completed it.  You can print the last page if you like for your own records.  Completing your Exit Counseling online will meet your obligation and allow us to remove a hold on your registration and transcripts within five days, if there is one.

If you have questions, please see the Staff Directory