Direct Loan Program Information
Community Colleges in California remain an affordable option for
students to receive their education. Chabot College is a low-cost public
institution with limited entrance requirements.
The enrollment fee waiver (BOG) and grant assistance (PELL) typically
covers the cost of education at Chabot College. However, some students
(out of state residents, for example) may need to borrow money to help with school
related expenses.
Typically, a student who needs to borrow money to get through school
is making a good investment for the future.
Unfortunately, many students enter into debt without a clear picture
of how it will affect them in the future. For this reason, the
Financial Aid Office (FAO) has adopted strict policy and procedures
for our student loan applicants. We are dedicated to supporting student success - our goal is to
help our students develop a realistic educational borrowing plan to
ensure that those who plan to transfer will have sufficient loan
eligibility remaining to complete their education, and those whose
plans conclude with a certificate or associate degree will not be
overly burdened with student loan debt.
Therefore, the
FAO does not award student loans as part of the “award package” in
our initial review for financial aid eligibility. Students who are
interested in borrowing a federal student loan are required to visit
the FAO to request a loan application.
Applications will be given ONLY to those students with
completed financial aid files who meet the
eligibility requirements for the
academic year for which they are applying as determined by FAO
staff.
Remember! A Student Loan is a long-term financial obligation!
Borrow only what you
need! Please take the
time to carefully read through all of the loan information we
provide for you, including our
loan brochure. The FAO
would be happy to answer any additional questions you may have about
our loan program.
