Direct Loan Eligibility Requirements
To be considered for a Direct Loan at Chabot College, applicants
1. Complete the
and submit all documentation required by the Chabot College
Financial Aid Office (FAO) for the academic year for which they are
applying for a loan.
Applications will NOT be processed until all
required financial aid documents have been reviewed and satisfied.
Students can check their financial aid
requirements and financial aid status online using Chabot's student
2. Have 12 or more units EARNED at
Units earned from other colleges will not be considered for this 12
unit requirement. Official transcripts from other colleges that have
been evaluated by the Admissions & Records Office will only be used
to determine a student’s Satisfactory Academic Progress (SAP) and
academic program year (Freshman or Sophomore) for maximum loan
Exceptions to this 12 unit requirement will ONLY
be made for:
Students who are non-resident tuition paying
Students who already earned a Bachelor's
degree, and have been granted an extension of Federal Student
Aid through the Chabot appeal process
Students who are ineligible for a Federal
Pell Grant due to a high EFC (estimated family contribution) as
determined by the FAFSA
3. Have a declared major with the
Admissions & Records Office.
Applicants must be seeking a certificate,
associate or transfer degree in an eligible Title IV program of
study (16 or more units in length) from Chabot College (not LPC).
4. Meet SAP (satisfactory academic
progress) standards for each semester that they are applying for
and/or are awarded a student loan.
Loan requests may be denied or reduced if the
applicant is not making steady progress towards their declared
program of study.
5. Enroll in AND maintain a minimum
of six (6) semester units for each semester that they are applying
for and/or are awarded a student loan.
Student loan awards are awarded for the entire
Fall-Spring enrollment period and will have two (2) disbursements,
half in the Fall and the other half in the Spring. If the
student is no longer meeting SAP requirements or the minimum
enrollment requirement after the Fall semester, the student will
lose loan eligibility for the Spring semester and the remaining loan
disbursements will be canceled.
Fall Only semester loans will be awarded ONLY
to students who will be graduating or transferring upon
completion of the Fall semester. Fall Only semester loans
have two (2) disbursements, half at the beginning of the Fall
semester and the other half mid Fall semester. Fall Only
loans are prorated according to federal regulation.
Spring Only semester loans will be awarded to
students who were NOT enrolled in/or did NOT earn a minimum of
six (6) semester units and/or were not eligible for for
financial aid due to SAP and/or did not declare an eligible
major for the Fall semester. Spring Only loans are prorated
according to federal regulation.
6. Eligibility for Subsidized loans
will be determined per new federal regulations which limit
subsidized loans to 150% of a students program of study.
this page for details on subsidized eligibility.
If you are enrolled in a two-year associate
the maximum period for which you can receive Direct Subsidized Loans
is three years (150 percent of 2 years = 3 years).
A student is ineligible for any federal
financial aid if in DEFAULT on prior student loan(s), or owes a
repayment of Title IV aid to any school in the country.
The Financial Aid Office reserves the
right to determine, on a case by case basis, to deny a loan request
cumulative loan debt
(typically we will not approve a loan request if the student's
total aggregate loan debt totals $30,000 ore more).
Prior student loan default(s)
Poor academic history and/other concerns